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RJM Acquisitions is not a CA?

Discussion in 'Credit Talk' started by Ã?collector, Jul 25, 2003.

  1. Jul 25, 2003 #1
    Ã?collector

    Ã?collector Member

    Got a letter from them saying:
    "We are your new creditor"
    Also says:
    "RJM Acquisitions LLC is not a collection agency."

    On the back, however, there is a disclaimer:
    "This is an attempt to collect a debt........"

    The account is showing up under Collection section
    under credit report. OC has it charged-off as R9.
    It was BofA card. Is it pretty common practice?
     
  3. Jul 25, 2003 #2
    lbrown59

    lbrown59 Well-Known Member

    Bump
     
  4. Jul 25, 2003 #3
    Flyingifr

    Flyingifr Well-Known Member

    These idiots better re-read the Fair Debt Collection Practices Act again. According to the FTC they ARE a debt collector as defined by FDCPA, regardless of whether they bought the account or are just working it.
     
  5. Jul 25, 2003 #4
    edoggie

    edoggie Well-Known Member

    The FDCPA CLEARY states that anyone who buys a "defaulted" debt is a debt collector. It's in the beginning somewhere. It's only 25 pages so reread is a couple of times.

    Don't be fooled by them in fact you already have one violation right there.
     
  6. Jul 25, 2003 #5
    barry111

    barry111 Member

    Is this a Fingerhut debt? When i sent a Validation letter. I got something back from RJM.

    The collection letter says Plaza Associates
     
  7. Jul 25, 2003 #6
    Butch

    Butch Well-Known Member

    What does BCollector mean?

    Or in the case of an Umloud:

    SSCollector?
     
  8. Jul 26, 2003 #7
    jlynn

    jlynn Well-Known Member

    Typical for RJM from what I've read. They are a 3rd party debt collector.
     

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