By Anonymous October 07, 2014
NEVER NEVER DEAL WITH THESE IDIOTIC PEOPLE! I THINK THIS PERSON I DEALT WITH WAS DAISY, OR ONE OF THE OTHER MANAGEMENT TEAM THEY ACCUSE ME OF MISSING A PAYMENT, AND LEAVING ME ON HOLD EXTREMELY FOR LONG PERIODS OF TIME.TELLING ME MY ACCOUNT WAS'NT THE ONLY ONE THEY MESSED UP. HOW PROFESSIONAL IS THAT??? I PURCHASED A DODGE RAM 1500 2003 PICK UP. I ALWAYS KEPT MY RECEIPTS AND ALL PAPER WORK AND PAYMENTS CURRENT TO ADVANCED AND FULL FILLED ALL THE CONTRACTIAL AGREEMENTS. RECENTLY I WAS INVOLED IN A VEHICAL ACCIDENT ON JULY 28, 2014, THIS FINANCE COMPANY TOLD ME THAT I WAS A GOOD PAYING CUSTOMER AND THEY ARE GOING FIND A WAY TO HELP WITH REPLACING MY VEHICAL, OR HAVING MY CURRENT VEHICAL FIXED AND HAD NOTHING TO WORRY ABOUT. APPROXIMATELY 2 SOMETHING WEEKS AGO, THEY CALLED TELLING ME AND URGING ME TO HURRY AND SIGN THE POWER OF ATTORNEY AND SAYING; "WE CAN'T DO ANYTHING TO HELP YOU" EXACT WORDS! I SAID TO THEM THAT I NEED MY TRUCK AND MY TRUCK IS A MAJOR SOURCE OF MY INCOME, AND I REALLY NEED IT. ALSO I ASKED WHAT ABOUT ANOTHER VEHICAL AND ADDING THE REMAINING BALANCE TO A DIFFERENT VEHICAL AND CARRY ON THE NOTES FROM THERE? THEY TOLD ME THEY CAN'T ACCEPT ANYMORE NEW ACCOUNTS AND THEY CAN'T DO ANYTHING TO HELP ME. I SAID "WOW" YOU MEAN YOU GUYS NOT TRYING TO MAKE ANY MORE MONEY? THEN THEY SAID WE'll CALL BACK AND NEVER DID! SO BE VERY CAREFULL DEALING WITH SHOW ROOM AUTO SALES, OR ANY OTHER COMPANY TIED TO IDS (INDEPENDENT DEALER SERVICES). ( THIS IS BILLY KING) SAYING THIS, AND (I DON'T CARE ABOUT HIDING MY INDENTITY BECAUSE THIS IS ALL TRUE) AND I DON'T MIND SHARING!!!! ...read more
By Anonymous October 07, 2014
NEVER NEVER DEAL WITH THESE IDIOTIC PEOPLE! I THINK THIS PERSON I DEALT WITH WAS DAISY, OR ONE OF THE OTHER MANAGEMENT TEAM THEY ACCUSE ME OF MISSING A PAYMENT, AND LEAVING ME ON HOLD EXTREMELY FOR LONG PERIODS OF TIME.TELLING ME MY ACCOUNT WAS'NT THE ONLY ONE THEY MESSED UP. HOW PROFESSIONAL IS THAT??? I PURCHASED A DODGE RAM 1500 2003 PICK UP. I ALWAYS KEPT MY RECEIPTS AND ALL PAPER WORK AND PAYMENTS CURRENT TO ADVANCED AND FULL FILLED ALL THE CONTRACTIAL AGREEMENTS. RECENTLY I WAS INVOLED IN A VEHICAL ACCIDENT ON JULY 28, 2014, THIS FINANCE COMPANY TOLD ME THAT I WAS A GOOD PAYING CUSTOMER AND THEY ARE GOING FIND A WAY TO HELP WITH REPLACING MY VEHICAL, OR HAVING MY CURRENT VEHICAL FIXED AND HAD NOTHING TO WORRY ABOUT. APPROXIMATELY 2 SOMETHING WEEKS AGO, THEY CALLED TELLING ME AND URGING ME TO HURRY AND SIGN THE POWER OF ATTORNEY AND SAYING; "WE CAN'T DO ANYTHING TO HELP YOU" EXACT WORDS! I SAID TO THEM THAT I NEED MY TRUCK AND MY TRUCK IS A MAJOR SOURCE OF MY INCOME, AND I REALLY NEED IT. ALSO I ASKED WHAT ABOUT ANOTHER VEHICAL AND ADDING THE REMAINING BALANCE TO A DIFFERENT VEHICAL AND CARRY ON THE NOTES FROM THERE? THEY TOLD ME THEY CAN'T ACCEPT ANYMORE NEW ACCOUNTS AND THEY CAN'T DO ANYTHING TO HELP ME. I SAID "WOW" YOU MEAN YOU GUYS NOT TRYING TO MAKE ANY MORE MONEY? THEN THEY SAID WE'll CALL BACK AND NEVER DID! SO BE VERY CAREFULL DEALING WITH SHOW ROOM AUTO SALES, OR ANY OTHER COMPANY TIED TO IDS (INDEPENDENT DEALER SERVICES). ( THIS IS BILLY KING) SAYING THIS, AND (I DON'T CARE ABOUT HIDING MY INDENTITY BECAUSE THIS IS ALL TRUE) AND I DON'T MIND SHARING!!!! ...read more
By Anonymous October 07, 2014
NEVER NEVER DEAL WITH THESE IDIOTIC PEOPLE! I THINK THIS PERSON I DEALT WITH WAS DAISY, OR ONE OF THE OTHER MANAGEMENT TEAM THEY ACCUSE ME OF MISSING A PAYMENT, AND LEAVING ME ON HOLD EXTREMELY FOR LONG PERIODS OF TIME.TELLING ME MY ACCOUNT WAS'NT THE ONLY ONE THEY MESSED UP. HOW PROFESSIONAL IS THAT??? I PURCHASED A DODGE RAM 1500 2003 PICK UP. I ALWAYS KEPT MY RECEIPTS AND ALL PAPER WORK AND PAYMENTS CURRENT TO ADVANCED AND FULL FILLED ALL THE CONTRACTIAL AGREEMENTS. RECENTLY I WAS INVOLED IN A VEHICAL ACCIDENT ON JULY 28, 2014, THIS FINANCE COMPANY TOLD ME THAT I WAS A GOOD PAYING CUSTOMER AND THEY ARE GOING FIND A WAY TO HELP WITH REPLACING MY VEHICAL, OR HAVING MY CURRENT VEHICAL FIXED AND HAD NOTHING TO WORRY ABOUT. APPROXIMATELY 2 SOMETHING WEEKS AGO, THEY CALLED TELLING ME AND URGING ME TO HURRY AND SIGN THE POWER OF ATTORNEY AND SAYING; "WE CAN'T DO ANYTHING TO HELP YOU" EXACT WORDS! I SAID TO THEM THAT I NEED MY TRUCK AND MY TRUCK IS A MAJOR SOURCE OF MY INCOME, AND I REALLY NEED IT. ALSO I ASKED WHAT ABOUT ANOTHER VEHICAL AND ADDING THE REMAINING BALANCE TO A DIFFERENT VEHICAL AND CARRY ON THE NOTES FROM THERE? THEY TOLD ME THEY CAN'T ACCEPT ANYMORE NEW ACCOUNTS AND THEY CAN'T DO ANYTHING TO HELP ME. I SAID "WOW" YOU MEAN YOU GUYS NOT TRYING TO MAKE ANY MORE MONEY? THEN THEY SAID WE'll CALL BACK AND NEVER DID! SO BE VERY CAREFULL DEALING WITH SHOW ROOM AUTO SALES, OR ANY OTHER COMPANY TIED TO IDS (INDEPENDENT DEALER SERVICES). ( THIS IS BILLY KING) SAYING THIS, AND (I DON'T CARE ABOUT HIDING MY INDENTITY BECAUSE THIS IS ALL TRUE) AND I DON'T MIND SHARING!!!! ...read more
Since the October 2015 EMV liability shift, retailers who are still not EMV-ready have seen a serious uptick in chargebacks. The situation finally came to a head recently in the form of a federal antitrust lawsuit seeking class action status. B&R Supermarket Inc. and Grove Liquors LLC, two Florida retailers, filed a lawsuit last week against seven card networks, including Visa, MasterCard and American Express; 10 banks, including JPMorgan Chase, Capital One and Wells Fargo; and EMVCo. The merchants claim that despite converting to EMV prior to the liability shift and training their employees in the technology, they have been unable to get their EMV terminals certified by the card brands. As a result, they incurred 88 chargebacks totaling more than $10,000 in fraud-related expenses between Oct. 1 and Feb. 15. Over the same period a year earlier, these retailers reportedly only had four chargebacks. The suit claims that merchants as a whole have incurred “billions of dollars” in chargebacks and fees since the liability shift took place. The retailers allege that the card brands and the banks conspired to shift billions of fraud charges to merchants by enforcing a liability shift date that was unrealistic for merchants to meet. According to the plaintiffs, a key reason why meeting the liability shift date has been so difficult for merchants is because the process of certifying their EMV terminals is not within their control. During the latest meeting of AFP’s Treasury Advisory Group, Liz Garner, vice president of the Merchant Advisory Group (MAG), noted that most of the retailers incurring chargebacks have indeed had EMV technology installed for months, but have been unable to get tested and certified through their acquirers. “So despite their efforts to be ready by the October 2015 liability shift date, there are some retailers who have been unable to deploy EMV, and they’re seeing a significant shift in these chargeback fraud losses, which are moving over to the merchant side,” she said. Garner believes that the behavior and decisions of the card brands deserve heavy scrutiny. "The upmarket delays, which they are largely responsible for, caused significant challenges and kept several merchants from being able to deploy EMV by the October 1 liability shift date despite tremendous efforts to meet the deadline," she told AFP. "The biggest takeaway from the flubbed EMV transition is that EMVCo, and the major card brands who govern it, have absolutely no business being in the drivers seat on anything related to the U.S. transition to mobile commerce." The lawsuit is asking the court to order the card brands and banks to reimburse B&R Supermarket and Grove Liquors for fraud-related charges, as well as pay for the merchants’ perceived overpayment for fraud, since interchange fees paid to the card networks are intended to cover fraud losses. ...read more
By City Merchant Services April 07, 2016
The Law suit alleges that MasterCard and Visa conspired to move liability to retailers for credit card transaction fraud. MERCHANTS FILE an antitrust lawsuit has been filed this week in U.S. District Court for the Northern District of California against Visa, MasterCard, the largest credit card companies and banks, The Recorder reports. This Law suit claims these banks, institutions and financial firms collaborated on shifting the liability for illegal credit card transactions from the credit card companies and banks to retailers. The lawsuit alleges that moving to electronic chip cards (EMV chips) has been fraught with technical difficulties. The complaint also claims the change was used to hide the shift in paying for fraud protection. Retailers not making the October 1, 2015, deadline are now liable for illegal charges that used to be covered mostly by card issuers. “Merchants were not consulted about the change, were not permitted to opt out, were not offered any reduction of the interchange fee, the merchant discount fee, the swipe fee—or any other cost of accepting defendants' credit and charge cards,” according to the plaintiffs’ lawyers. “The liability shift was unilaterally imposed to the benefit of defendants, with no compensation, consultation or consideration of any kind made to the class members.” The card issuers and banks “shifted $8 billion of liability to the merchants overnight,” said Patrick Coughlin with Robbins Geller Rudman & Dowd, one of the firms filing the suit. All four major credit card firms as well as close to 12 banks were named in the suit, which was made on behalf of a Florida liquor store and grocery store chain, which had experienced charge-backs related to false payments increase from $89 in the 12 months ending on October 15 to more than $10,000 since that deadline. ...read more
By City Merchant Services April 07, 2016
Contact our collection agency at (844) 441-5702 in Houston, TX, for payment remittance from debtors. ERNST, RUBIN&ASSOCIATES, LLC P.O. Box 772446, Houston, TX TX, 77215 Phone: 8773404712 contact email: dcummings@ernstrubin.com keywords: collection agency. houston, tx ...read more
By ERNST, RUBIN & ASSOCIATES, LLC July 30, 2014
When a consumer secures a loan from a bank for personal use, this is called a personal banking loan. If you are interested in taking out a personal loan, you might want to know about different types of personal loans and how personal banking loans work. ...read more
If you own a financial portfolio, you probably had to deal with an investment company. Since, an investment company usually handles mutual fund operation and has many responsibilities governing the way a mutual fund is taken care of. These companies receive their funding from investor and can be publi... ...read more
