1. If you spend more than 50% of your credit limit every month, this indicates to the Credit Bureau that you do NOT have enough cash on hand to meet your monthly expenses. This will identify you as a high credit risk and will actually reduce your credit score by 60 - 70 points overnight (Fair Isaac).

2. If you miss 1 or 2 payments on your credit card debt, the issuing company will skyrocket your interest rate to a whopping 27% - 30%!

3. Out of a random sample of 3 million American consumers (included in Experian's National Score Index), 51% of them have at least 2 credit cards and 14% of them have 10 or more credit cards.

Debt consolidation Policies of Automated Collection Services Inc.

Other Names:
Physical Address:	Suite #200 - 2285 Murfreesboro Rd. Nashville, Tennessee PO Box #: 37217
Phone #:	(800) 467-2316 (615) 361-8809
Fax #:	(615) 361-4816
Their Cut (Fair Share):	Electronic Payments -> Paper Check ->
Late Fees Charges:	n/a
Interest Rate Charged:	n/a
Fresh Status:
Minimum Payment Accepted:	This company will accept nothing less than 100% of the original debt payment amount.
Account #'s:
New Policies, Notes:	- Automated Collection Services Inc. is a debt collection agency and has no debt consolidation plans for its clients. It therefore does not accept anything less than 100% of the original 100% of monthly payments.

Other Names: This is the other names that the debt consolidation firm possesses. You can use these other names to check Better Business Bureau (BBB) records of the firm.
Physical Address: This is the physical location of the debt consolidation firm. If the field is blank, please help us by providing us with the address of the firm.
Phone #: You can reach the debt consolidation firm at this phone #.
Their Cut (Fair Share): The debt consolidation firm will negotiate your debts with other creditors. In this, they will also take their "cut" or "fair share." For example, if your monthly payment is $400, the debt consolidation firm will deduct an automatic 10% of this ($40) and pass on the $360 to the creditors to whom you owe debts.
Late Fees Charges: This is the charges they put against any late payments you make while on your debt consolidation program.
Interest Rate Charged: This is the reduced interest rate you will be paying to your creditors whilst under the debt consolidation program.
Fresh Status: If you pay your bills regularly every month, the creditors might give your account a fresh status and re age your accounts.
Minimum Payment Accepted: This is the minimum monthly payments you must make to your creditors whilst under the debt consolidation program.
Account #'s: This is the pattern with which your creditors assign Account numbers. This will help you in locating any of your creditors.
New Policies, Notes: This shows any new policies being implemented by your creditors that will affect your debt consolidation program.

Comments

Robert H. Matsunaga Comments on July 11th, 2007

My wages are being garnished by Asset Aquisition Group LLC located in Denver, CO. The attorney representing Asset Acquition Gp is Mark Comstock. I have no knowlege who I owe this debt to or who the original source was. This law firm of Mark Comstock is located in Portland, OR. The writ of garnishment filed in the state of Oregon for Multnomah Couinty Casae No. is 040606271. I want to know who Asset Aquistion is representing on this debt. The original debt amounted to $6828.87. They have already received $8221.48 from the garnishment. My mistake the law firm aforementioned is in Salem, OR not Portland, OR. Please notify me by e-mail which is bobmatsunaga@aol.com. Your response will be greatly appreciated.