Oct 26, 2013
They stated they were Convergent Outsourcing Company. They buy loans or debts that were charge-offs from others at a highly discounted rate and then attempt to collect on them. Do NOT give any info over the phone or agree to anything, tell them mail is the only way you will do and hang up! This way you get a papertrail and can prove what happens, agreements verbally (gonna settle for 15% - Yeah right!) later get revoked or contested as payments not full amounts - Protect yourself! Any info you give or verify will only be used against you.