SHADOWCREEK CAPITAL

Funny how you shills are in denial of your own scams,extortion and non compliance of the laws..

Blow it out your ear.

I pay my bills and "cannot answer my own home phone", not because I am afraid but because I am SO very sick and tired of scammers calling or creditors calling because my last name happens to be the same as someone they are hunting down, you have no right to call me simply because I have the same name and I am not verifying the last 4 of my social anymore to prove I am not whom you are seeking!!!

Stop robbing people with your outragious percentage rates, late fees, and misc. fees. Make the payments affordable for people, be nice to them and then maybe they can to make realistic monthly payments. It is not logical to hit someone who struggles with a $50.00 payment with an interest rate icrease to make the payments go up, this is an easy thing to grasp.

Many good people, who had always paid thier bills on time have been hurt in recent years and you people have no mercy on them, you dont review thier history of "10 years with no problems" and think maybe they ARE having difficulty, if they need to choose rent, food, or credit card, what do you think is going to get paid first????? You call when a payment is ONE day late!!!!!!  

AND WORST OF ALL: it is YOUR credit card company that has chosen to close up shop in America and sent the jobs to other countires so YOU can save money YET you do not give any breaks to your consumers. SHAME ON YOU.   Be nice, your job may be the next to go and you may find yourself collecting cans.

Well if they're legit, why does ace say they never got my payment after I payed Shadow Creek and they sent me a payoff letter and everything?  These ppl are scammers and I should have never payed them.  Beware everyone!

Shadow Creek Capital; BBB rating:F suggests using extreme caution when dealing with this company
                                 FTC and Consumer Financial Protection Bureau both advice against giving financial                                        information to this company

I realize the post is "old," but your attitude still warrants comment.
"... I deal w/ so many of you scumbags daily with the excuses, explicit language, and the whining like little grade school children."

"... I've been working for HSBC collections for almost 3 years now."

It seems your arrogant attitude is a requirement to be an HSBC collector.  It is also PERFECTLY understandable why people have so many complaints against HSBC's collection practices.

Chuckling...I DO find it ironic that a top-notch collector such as yourself EVER got behind on ANY bill.  I'm truly surprised HSBC doesn't run quarterly credit checks on their own collectors, and subsequently terminate any with any overdue bills.

Laughing... What goes around, comes around.  Sadly, none of us will probably see when yours "comes around." ... Oh! Wait! Perhaps we will!!! ... when YOU come on here with YOUR reasons for not paying a fake or unscrupulous debt collector, or because you got scammed.

What's CRIMINAL is that people like you refuse to send DEBT VALIDATION LETTERS and follow the FDCPA.  
Oh...wait...I hear you now -- "THAT's DIFFERENT!" ... LAUGHING, but you're absolutely correct:
Debt is civil
Fraud by deception is criminal

It's you're (as in you are), not your (as in your pen)..Idiot. LOL

But you never paid them, and that's how you know about the collection agencies correct? hahaa

I remember HSBC (saw the name earlier in the thread). and they were under investigation. I was courious when I looked up the article back in March of this year, and now there's an updated one from August.

http://www.huffingtonpost.com/marni-halasa/is ... _b_3831412.html


I guess people lose their jobs for trying to be honest.

This coming doesn't even use a real recording when doing their verification. So I would always just cb and doub the arrangement and ask to hear the recording.

I've spoken with someone with Shadow Creek Financial by the name of James Waldorf and asked if he would send me something in writing stating name of the company my debt s through, and an amount. He said that they couldn't do that since we spoke before and I agreed that I in fact did have a debt. Is he allowed to do that, or does he have to send me something if I request it?

http://www.ftc.gov/os/statutes/fdcpajump.shtm
http://www.consumerfinance.gov/askcfpb/search ...
http://www.consumer.ftc.gov/articles/pdf-0096-fair-credit-reporting-act.pdf

https://800notes.com/arts/Jb8EW-eDhQA/harassi ... ou-need-to-know

Section 809 of the FDCPA http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre27.pdf requires 3rd-party debt collectors to give debtors written notice of debt (the key word is *shall*) :
"§ 809. Validation of debts
(a) Within five days after the initial communication with a consumer in connection with the collection of any debt, a debt collector shall, unless the following information is contained in the initial communication or the consumer has paid the debt, send the consumer a written notice containing—
(1) the amount of the debt;
(2) the name of the creditor to whom the debt is owed;
(3) a statement that unless the consumer, within thirty days after receipt of the notice, disputes the validity of the debt, or any portion thereof, the debt will be assumed to be valid by the debt collector;
(4) a statement that if the consumer notifies the debt collector in writing within the thirty-day period that the debt, or any portion thereof, is disputed, the debt collector will obtain verification of the debt or a copy of a judgment against the consumer and a copy of such verification or judgment will be mailed to the consumer by the debt collector; and
(5) a statement that, upon the consumer’s written request within the thirty-day period, the debt collector will provide the consumer with the name and address of the original creditor, if different from the current creditor."
****************************************
A Collection Agent May Not…

Here are the top 11 actions prohibited by the The Fair Debt Collection Practices Act:

Misrepresent Him or Herself

  A debt collector may not misrepresent himself as an attorney or law enforcement officer.

Use the Telephone to Annoy or Harass

  A collection agent may not cause a telephone to ring or engage any person in telephone conversation repeatedly or continuously with an intent to annoy, abuse, or harass anyone at the called number.

Threaten Arrest or Lawsuit

  A collection agent may not threaten a consumer with arrest. It may not threaten legal action that is either not permitted or not actually contemplated. In other words, a the threat of a lawsuit may be an empty one.

Use Abusive or Threatening Language

  A debt collector may no use abusive or profane language in the course of communication related to the debt.

Publish a Bad Debt List

  Publishing the consumer’s name or address on a "bad debt" list is prohibited.

Contact By Embarrassing Media

  A debt collector may not communicate with a consumer by post card. It may not use any language or symbol, other than the debt collector’s address, on any envelope when communicating with a consumer by use of the mails or by telegram. A debt collector may use its business name if such name does not indicate it is in the debt collection business.

Contact a Consumer at Work

  A collection agent may not communicate with consumers at their place of employment after being told this is unacceptable or prohibited by the employer.

Seek Unjustifiable Amounts

  A debt collector may not demand any amounts not permitted under an applicable contract or as provided under law.

Contact a Consumer Represented by an Attorney

  A collection agent may not contact a consumer after it learns the consumer is represented by a lawyer.

Communicate With a Consumer After Receiving a Validation Request

  If a consumer sends a written §1692g response within 30 days, the collection agent may not communicate with the consumer until it mails the consumer the requested verification of original creditor's name and address.

Communicate With Third Parties

  A debt collector may not reveal or discuss the nature of a consumer’s debts with third parties other than the consumer’s spouse or attorney. A collection agent may contact neighbors or co-workers only to obtain location information. It may contact a third party again if it has reason to believe the information the party provided previously is false.

Bills.com FDCPA FAQ

Below are questions Bills.com readers ask frequently:

Can a Collection Agent Call My Cell Phone?

  Yes. However, if you tell the debt collector it may not use that number because it is a cell phone, it may not contact you again at that number.

I Keep Receiving Dozens of Calls From Collection Agents. Is That Legal?

  No. Unscrupulous collection agents will use "block parties" or "office parties" where they contact a consumer, multiple neighbors, or co-workers telling them they need to reach the consumer on an urgent matter. This is not permitted under the FDCPA.

A Collector Says I Will Be Arrested if I Do Not Pay

  This was a true statement before the US Civil War, but has not been true since. People may be arrested if an aggressive judge files a bench warrant for a person who does not appear at a hearing relating to a lawsuit regarding a debt. However, in that case, the offense is the failure to respond to a court order, and not the existence of the debt. As stated above, it is illegal under the FDCPA to threaten a consumer with arrest if the consumer does not pay the debt.

I got a call from Larry Spavoda saying he was going to serve me papers on a Monday at my work. So I called back and spoke to Matt who said I needed to pay $500 on my $200 payday loan. So I called the payday loan company who said they sold my loan to Midwest Recovery. So I called Midwest Recovery and they said they sold my loan to Shadow Creek. Now Shadow Creek called not only my brother but my parents leaving messages saying they were going to serve me papers. That is illegal. Highly. So I reported them to my Attorney General and the Consumer Financial Protection Bureau. I got calls all week from them saying they are going to serve me papers. So I kept the voice mails. I finally spoke to some guy who wanted payment now over the phone. I said I need something in writing saying I owe this debt. He would not provide. So I said I am not paying until I have something in writing. After 20 min back and forth, he finally emailed me something. I said once I received the email I would call and set up my payments. Yea right! I just wanted to address and phone number so I could report them. Never called the guy back because their tactics are ILLEGAL! Plus I have heard stories of paying Shadow Creek and the money never getting to the original creditor. Do not do business with Shadow Creek. Also, I found out through my Secretary of State that Shadow Creek isn’t even bonded here in Texas! Well, once I reported them, the calls stopped. Do your homework before paying any debt collector.

So is this company legit? Should I be paying off my payday loan through them or not? Just want to make sure my money is actually going toward what I borrowed. I received the same type of call and I agree, I was intimidated to set up payments. Now I'm worried that ShadowCreek is a scam and my payments aren't going to my initial payday loan.

If you did owe $$ on  a payday loan, why not contact that loan company?  Your last sentence says it all.