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

Saturday, July 31, 2010

$84 NCO collection lowers FICO score by over 100 points

It’s incredible that someone with PERFECT credit and one utility collection has the same FICO scores as a person with collections and umpteen discharged accounts a year after filing for bankruptcy in June 09.  The bankruptcy court in California was so backed up, it didn’t order the discharge until late December 09.  The Trans Union and Equifax scores were above 660 in July 2010.

One $84 utility collection results in the SAME low score, whether paid or not:

NCO utility collection after move lowers FICO scores by over 100 points

Sunday, June 06, 2010

3 years later: myFICO STILL creates FICTITIOUS late payments

I recently posted about this KNOWN software bug in the FICO credit scoring software at CreditFactors:

FICO scores STILL create fictitious late payments on Equifax reports

It is astounding that NOBODY cares.

Over 3 years ago I documented the software bug and that it can DESTROY the Equifax FICO scores of people with OLD charge-offs.

Readers contact me about everything else, but not THIS devastating FICO bug. 

Nobody looks at their FICO score factors?

Nobody cares about their FICO scores?

That would be GOOD news and I hope that many (near) judgment-proof readers stop paying their credit cards and don’t care about their credit rating anymore.

HOWEVER, what about the people with little or no debt and OLD bad credit?

Why pay more for credit and insurance and maybe even get declined for jobs and loans due to these TOTALLY BOGUS FICO late payments?

Depending on how old your chargeoffs are, your scores can be lowered by 50 or even 100 FICO score points! 

If you have several 5-year old CORRECTLY reported chargeoffs, no new derogatory accounts or public records and re-established credit, your FICO scores SHOULD be well over 700.  However, your EQUIFAX FICO score could be 100 points lower if just one of the accounts is currently reported as charged off, resulting in the INCORRECT rating of the account as CURRENTLY late or RECENTLY late—depending on when the creditor last reported.

I see so many ads for Lexington and all sorts of credit repair frauds, there must be an interest in credit repair.  So why doesn’t anybody care about this FICO scoring fraud?

I was going to create a new blog with updated screenshots of the FICTITIOUS lates, but it seems like a giant waste of time.

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.