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2003 Suit (appealed, Experian filed credit reports on PACER)

Saturday, February 13, 2010

New blog about illegal American Agencies debt collection practices

A reader started his own blog about his American Agencies collection experience:

Debt Collector American Agencies Extortion and Threats

The allegations are really unbelievable, but as long-time readers might remember, American Agencies employees refused to delete the TOTALLY BOGUS Pacific Bell collection from my credit reports and to add insult to injury, they even ran my credit after I disputed.

The OLD American Agencies postings at the Fight Back forum.

The FTC claimed to be investigating American Agencies, but just like the corrupt judges, they allowed them to get away with extortion.  Liars and Cheats EXPOSED is not just another gripe site, but we will expose corrupt regulators such as the FTC if they refuse to take action. 

If you have similar experiences with American Agencies, please post a comment at the NEW blog.

Wednesday, January 20, 2010

NEW BBVA Compass bank blog: deposits and NSF fees, closing accounts, false police report

The new BBVA Compass blog is at http://liarsandcheats.info/bbva-compass-bank-retaliation-closed-accounts/

The LONG ABOUT page contains my detailed description of events and pictures. I previously posted here about it and it wasn’t a priority until I received a “WARNING” citation from the Kingman police department last week. 

Apparently they filed a FALSE police report, falsely accusing me of TRESPASSING when all I did was cash their checks.  NOBODY ever asked me to leave!

So that just goes to show how the banksters and the cops work together to keep the PEOPLE from exposing their corruption.

They think they’re so powerful, I’d now be too afraid to publish manager Mark Huling’s name and maybe more important, wouldn’t dare to demand answers about their deposit and NSF fee policy.

Fat chance, you morons!

I have a few questions for the Kingman police chief and I want to submit my complaint to BBVA Compass regulator, the Federal Reserve Bank of Atlanta.  Of course I don’t expect any action or coherent answers—the point of the exercise is to convince MILLIONS of judgment-proof people to STOP paying their unsecured debts to the large commercial banks.

And I want to encourage all who are NOT judgment-proof and with assets deposited at the large commercial banks to consider moving their funds to community banks.

http://moveyourmoney.info/

Sadly, my closest community bank is over 200 miles away.  I really really hope that the Common Good Bank will finally open this year.  They now have a number of investors and are getting close to having sufficient start-up capital.

And to all of you who think that you’re doing fine and you don’t need to worry:

You’re not going to enjoy living in fear, getting robbed and worrying about your family because too many people have NOTHING.  We’re all in this together.

Monday, December 07, 2009

Compass Bank closed my accounts due to my publications WITHOUT notice

To my horror I found out today that both my business and personal accounts at Compass Bank were CLOSED.  Over the weekend I looked online and I couldn’t understand why the balances were $0.  You can probably imagine how stressed I was and still am.

Found out from their Birmingham office today that they closed my accounts because I have written about Compass Bank on the web and that the Kingman branch made the decision.

So I called the branch and I was transferred to manager Mark. I know his first name because the first time I spoke to him, it was regarding a $3,000 check they were going to put a long hold on and I seriously disliked the guy right then. I had been banking with Compass since 2001 and NEVER had a deposit returned and bouncing checks are usually THEIR fault.

Today, Mark refused to provide his name and he threatened to sue me for $5,000 in small claims if I posted his name on the web.

The real reason they closed my accounts is that I asked Brenda at the branch a couple weeks ago why I get an NSF fee when I have plenty of funds from deposits that day.  I was thoroughly confused by her explanation and I mentioned that I want to put this on the web and I wanted to make sure I had the correct info.  I think she told me to call the main office. 

Apparently, she then decided to see what I’ve written about Compass Bank and found my many OLD posts about their ridiculous charges when THEY made a mistake and about their failure to comply with the FCRA.  This goes back to 2001, when they refused to open an account for me due to Trans Union’s INCORRECT credit reporting and I sued Compass Bank.

There’s a LOT of info at http://fight-back.us/forum/index.php?showforum=1 and I highly recommend my news release:

My 5/6/04 Compass Bank Press Release: A $6 Fee Instead Of A Reward For Returning $500

Branch manager Mark stated that they have the right to do business with whoever they want, but I don’t think that they should be able to close an account without notice.  All checks or debits that come in will be refused. 

Can you imagine having written a bunch of checks or, even worse, traveling and all of a sudden your debit card doesn’t work anymore?

They should have to give a 30 day notice!

Obviously I’m having some problems now, they MAILED a check to my Kingman address.  The monthly web server payment is coming in today.  We’re in the middle of a storm and I don’t even want to go outside.

Compass Bank did exactly what it takes to get me to send out another Compass Bank press release.

Fortunately, I already took the screenshots of the transactions that resulted in the NSF fee.  Preventing me from posting these pictures might have been the primary reason for closing my accounts.

I’ve been very kind to Compass Bank and refrained from posting about them and told many readers who complained to me about them that it’s not just Compass Bank, but that ALL major banks I’ve dealt with only care about profits and exploiting their customers.

Something happened in the last few months—it seems like an orchestrated effort to shut my sites down.  From the [CENSORED] defamation suit to the Wellstone defamation suit (worked on that till 3:30 am last night—will post ASAP) to the Stephen Snyder legal threats and now Compass Bank closing my bank accounts.

I’m only one person with very limited funds, but I’ll do whatever I can to prevail.

UPDATE: I just submitted my comment at http://www.bbvacompass.com/contact/index.cfm?

I’ll greatly appreciate it if you forward to your legal department my posting at http://creditsuit.org/credit.php/blog/comments/compass_bank_closed_my_accounts_due_to_my_publications_without_notice/

I’d like to ensure that my upcoming news release regarding the account closure is accurate and that it is BBVA Compass policy to close accounts of customers who dare to publicize their banking experiences.

Sincerely,

Christine Baker

I’ve been so NOT interested in Compass Bank, I have no idea why they are now “BBVA Compass.” Were they bought up or something?

If I were a BBVA Compass executive, manager Mark would be fired on the spot.  Not necessarily because of what he did, but because he’s the cause of MASSIVE bad publicity for BBVA Compass.

I’ll take a picture of their new logo for my new Compass blog at the branch next time I get to town.

Monday, November 23, 2009

Experian and Trans Union prevail in credit scoring suit by Fair Isaac

Fair Issac states that it will appeal the jury verdict.

TransUnion, Experian Defeat FICO Trademark Lawsuit (Update2)

By Andrew M. Harris

Nov. 20 (Bloomberg)—TransUnion LLC and Experian Plc defeated a lawsuit brought by Fair Isaac Corp. claiming that their credit-scoring system infringed FICO trademarks.

Fair Isaac will appeal the federal jury verdict, the Minneapolis-based company said today in a statement. Fair Isaac sued the companies and Equifax Inc. in 2006, alleging they sought to monopolize the credit-scoring market and confused consumers with their VantageScore model.

“We remain confident in the validity of our claims,” FICO Chief Executive Officer Mark Greene said in the statement. Equifax settled the case last year on undisclosed terms.

U.S. District Judge Ann Montgomery in Minneapolis earlier this year dismissed Fair Isaac’s breach of contract and false advertising claims against Experian and TransUnion, while sending the trademark claims to trial. FICO is appealing that ruling, too, Greene said.

Chicago-based TransUnion said today the jury decision, which followed a three-week trial in Minneapolis, invalidated a FICO trademark.

“The court’s decision is a victory for the kind of choice, clarity and consistency that both consumers and lenders deserve when it comes to credit scoring,” Jeff Hellinga, president of TransUnion’s U.S. information-services division, said in a statement.

‘Industry Standard’

Developed by Experian, TransUnion and Atlanta-based Equifax—the three primary U.S. credit reporting companies—VantageScore was created to synthesize a single numeric credit score drawing on experience from each company’s data.

Fair Isaac, in its press statement, described its scoring method as “the industry standard” for lenders making credit decisions.

The defendants’ numeric scoring range overlapped with its 300 to 850 scale, FICO had said.

The jury’s verdict rejected that claim, according to a statement issued by Dublin-based Experian. VantageScore’s range of 501 to 990 “is used by four of the top five U.S. financial institutions and eight of the top 10 credit card issuers,” it said.

VantageScore Solutions LLC, which held the intellectual- property rights to the method used by the credit-scoring companies, also was named as a defendant in the suit.

“This decision is a victory for consumers who will continue to benefit from choice and competition in the credit scoring marketplace,” Barrett Burns, the Stamford, Connecticut- based company’s CEO, said in a statement.

The case is Fair Isaac Corp. v. Equifax, 06-CV-4112, U.S. District Court, District of Minnesota (Minneapolis).

To contact the reporter on this story: Andrew M. Harris in Chicago at .

The OUTRAGEOUS lie:

““This decision is a victory for consumers who will continue to benefit from choice and competition in the credit scoring marketplace,” Barrett Burns, the Stamford, Connecticut- based company’s CEO, said in a statement.”

The ONLY victory for consumer is the PROHIBITION of ALL credit scores.

We THE PEOPLE have to be treated at HUMAN BEINGS again.

I recently requested the address for disputes with Fair Isaac at its myFICO forum.  The posts to the PROOF of their “BUG” were promptly EDITED and DELETED again.  This is still about the FICTITIOUS late payments added by FICO scores.

Here is the censored thread:

What is the address for disputes regarding false data on myFICO reports?

The link they deleted is to my documentation of the “bug” adding late payments NOT reported by Equifax and seriously lowering the FICO scores:

5/4/07 - FICO scores add FICTITIOUS Equifax late payments long after charge-off

For 2.5 years this SERIOUS “bug” has been publicly exposed and documented.  Over 8,000 people read this thread.  Fair Isaac has been fully aware of this “bug” as I personally corresponded with its Barry Paperno.  Incredibly, Fair Isaac did NOT fix this “bug.”

The reason I’m putting “bug” in quotes is because Fair Isaac DELIBERATELY lowers the FICO scores of people with charge-offs.

Fair Isaac also DELIBERATELY rated the Capital One and Target revolving accounts reported without the credit limits.  The lower the scores, the higher the profits for the creditors.  And I suspect that people like Barry Paperno and the thugs in charge of FICO scores are the kind of perverts who get off on causing misery and driving people to kill themselves.

The perverts in charge of America enjoy the destruction of freedom and prosperity.

As FICO scores are required for just about all mortgages, they contributed greatly to the credit crisis.  And NOBODY is doing anything to stop them.  I’m STILL the only person on the planet who gives a damn?

It’s truly incredible that tax payers funded this bizarre litigation over credit scores while NOTHING is done to prohibit all scoring.

We are HUMAN BEINGS and deserve to be treated as such.

Friday, July 24, 2009

Reader mail: American Agencies won’t quit collecting and reporting 9-year-old disputed debt

Hi Christine,

I just read some of your thread on a fraud forum.  I’ve been contacted by American Agencies and told that I owe a phone bill for a number that was never mine, at an address in LA where I never lived, and at a time (2000) when I wasn’t even living in the country!

Despite this, and despite the fact that the statute of limitations runs out after 7 years, they still tell me it’s a valid debt and that I must prove it wasn’t me!  It appears the same thing happened to you.  I’m wondering what you would advise me to do in the face of their false claims? (They say they continue to report it on my credit report...and will do so until they’ve been paid).

Thank you SO much. 

Sincerely,

...

It’s unbelievable how collectors IGNORE the law.

Dispute with the credit bureaus who report the account:

“Please IMMEDIATELY delete the American Agencies collection.  It is NOT my account and even if it was, this debt is from 2000 and should have LONG been deleted from my credit reports.”

And if they are calling you, write to American Agencies:

“This is NOT my account.  Please do NOT contact me again and immediately delete this collection from my credit reports.”

Please contact me if they don’t delete.

The FTC claims to have investigated American Agencies back in 2003 or so when I sued them—can everybody tell how effective the FTC is?  I now document the FTC corruption at http://credit-reporting-collection-ftc-complaints.info/

I hope that many MILLIONS of (near) judgment-proof people will get a clue, stop paying their unsecured debts and leave this corrupt system to let it die.