Oracle Financial Group. Complaint

Oracle Financial Group LLC. Debt collection department,

Disclosure verification of debt Not given enough info to verify debt Pennsylvania

Oracle Financial Group contacted me TODAY, -/-/-, FOR THE FIRST TIME EVER. Their rep threatened me with litigation, and said that I WOULD HAVE TO PAY THEM $1000.00 BY TOMORROW, - - after I requested documentataion. Oracle is claiming that I owe on a defaulted installment loan from - ( - - ) that I took out via internet -/-/- while I resided in -. I called - - of Oracle today after he left me a voicemail this morning. During our call, he said that : ( 1 ) I owed Oracle $2600.00 on the - loan ; ( 2 ) I made $1500.00 in payments to - but defaulted ; ( 3 ) Oracle would file suit in - if I did n't pay in full ; ( 4 ) they would get a judgment that would exceed $4000.00 after fees ; and ( - ) they would garnish my wages. - - said I could make a $1500.00 lump sum payment to settle the debt. I said that I get - and that I am not working. I also said I could n't afford to settle. I asked to get the suit moved to - where I

He asked for credit card information, then suggested I get a prepaid card when I said I did n't have it. He said I 'd have to pay immediately in weekly or biweekly payments. I said I could try to pay up to $170.00, and then make more payments - but I needed to figure out how or if I could manage it. We agreed to talk again on Monday, -/-/-. I also asked for documentation of the debt. He then said he would give me a letter stating the debt was resolved after I paid in full. Later in the day on - -, I contacted the CFPB for guidance. I then called - - again, left a voicemail, and we spoke again at - when he called back. I felt uneasy about Oracle. So, I told - - that my uncle was thinking about helping me, but he insisted I get more information. I asked - - for a street address and he was evasive. He directed me to Oracle 's website. I googled it and found it while we were talking. I told him that there was no mailing address on their site. He then gave a PO Box and said correspondence and payments could be sent there. I asked for a street address again and he was hostile. I asked for his license number. He said I do n't have one, but, my company is licensed in every state. '' I asked if someone he was working with in his company had a license number, and he said no. He said I could go to - 's State Dept website to get their company ID # and see that they had been in business 6 years. I asked him for the ID #. He said that he did n't know it. He kept interrupting me and said, this call did n't sit well with him '' and I was asking him to jump through hoops. '' I stated that I refused to discuss this any further until I received a written debt validation notice with the : ( 1 ) debt amount, ( 2 ) debtor 's name, and ( 3 ) a description of my rights under the fair credit debt protection act. '' He refused to provide a letter and said clearly you know you '' made payments, and that my consecutive payments from -/-/- to -/-/- is my verification ''. He argued, but later said that HE WAS EMAILING ME A LETTER TODAY '' STATING THAT : ( 1 ) MY DEBT WAS $2600.00, AND ( 2 ) THAT I OWED $1000.00 AND IT WAS DUE TODAY. He said too that the email would go to the address I used to get the - loan, -- ''. A few moments later, he said the $1000.00 was now due tomorrow. He said if that was n't good enough '' he would secure this another way. '' He said I would have to deal with the consequences. '' He then said good luck '' and hung up on me. I had not received - - 's email as of - today ( -/-/- ).