Collections Law/Dell debt collections
The Buzz wrote at 2013-02-11 14:25:52
Just had an incident with Dell Financial Services apparently meant to pump up the bottom line at Dell but very unethical. Please spread this around and do a simple Google search for yourself as well. I would never have believed it unless it happened to me personally. I settled an account with Dell in 2006 and received a settlement letter. Last year, a law firm associated with Midland Funding and CIT Bank sued me for the balance. By this time, I had misplaced the settlement letter and asked Dell Financial Services for a copy. DFS referred me directly to Midland Funding and denied (in writing to me) that they had made the settlement. Fortunately, I found an old copy. If you check the internet, you will find THOUSANDS of similar incidents and literally hundreds of settlements against Dell, DFS, and Midland. This really smacks of a company desperate for revenue. Until I did a search, I had no idea how longstanding these issues were with Dell. State DA's winning class action suits and getting consent agreements is a real warning sign for anybody funding the cash for Dell going private. Any potential investors and Dell computer buyers, Caveat Emptor!