LTD Financial Services, LP – CFPB Complaint 2017-06-04

Date Received: 2017-06-04

Product: Credit card debt

Issue: Took or threatened to take negative or legal action

Consumer Consent Provided to Share Complaint: Consent provided

Consumer Complaint: I XXXX XXXX , hereby report an illegal collection against me personally an indebtedness that is no longer enforceable in th e Commonwealth of M assachusetts. In addition, the account balance in question was a corporate account with XXXX XXXX XXXX that was settled through one of my corporations back in XXXX . The account dates all the way back to XXXX , and the matter does not apply to me personally. This organization known as LTD Financial Services, L. P. I re alize that this company may be in 100 % compliance to deal with Massachusetts consumer as a licensee with the Massachusetts Division of Banks, but this matter was a commercial one, and the legal timeline for any collection activity has long passed. The matter was 100 % negotiated with XXXX XXXX XXXX back in XXXX , and has absolutely no connection to me by personal guarantee, and the six-year timeline has long passed. LTD Financial Services L. P. acquired my information through debt pooling arrangements that the Federal Trade Commission has levied fines against such abuses against individual in the tens of millions of dollars over the past few years. My information needs to be purged by not onl y LTD Financial Services, L.P. , but by XXXX XXXX XXXX as well. This account information and any reference to XXXX XXXX has no personal connection and needs to be purged permanently. LTD Financial Services L. P. i s in strict violation of my rights under the Fair Debt Collection Practices Act and Commonwealth of M assachusetts General Law.

Company: LTD Financial Services, LP

State/Zip: MA 011XX

Company Response to Complaint: Closed with explanation

Was Company Response Timely: Yes

Did Consumer Dispute Company Response: N/A

Complaint ID: 2501272

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