FBCS Collections: A Big Scam?

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They Have a History of Credit Card Abuse

Federal Bond and Collection Services has a history of hiring employees that misuse consumers financial information.  One of the most respected sources in dealing with collection agencies has allowed this information to be posted on his site.

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Here is What a Former Employee Said About Them 

Date: January 19, 2007

This Company is a SCAM I worked for Federal Bond and Collection Services aka FBCS for over a year. They are professional liars they will say anything to get your money. The company KNOWINGLY breaks the FDCPA every day. EVERY employee is on some kind of illegal substance. They hire people fresh out of prison regardless of their crime. Employees have been caught committing credit card fraud with consumers credit cards, when these people are caught they will be fired for a few months and brought back. Every person in there goes by a "dummy name" which is completely made up. Not only do they rip off consumers they rip off their own employees! Every day you go to work they change rules and then change them back within the hour. "Joe Senior" mentioned in a previous article is the owner, who is never there. They place people in managerial positions who have NO SKILLS AT ALL! The company is run by money hungry low lifes! This place is a circus to work in.

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Share Your Stories About FBCS Collections Here 

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  • Reply
    SallyMae SallyMae Dec 18, 2009 @ 5:48 pm
    This past summer a guy went to lunch robed two anks and came back to work the bigest client is BOA true story.
  • Reply
    common sense common sense Aug 17, 2009 @ 2:01 pm
    No one can judge but god. Mybe you feel as though you are god. Also you talk about the negative things there doing. what about yourself. This whole thing is hypocritical. You now all the commits are from disgruntal people. Call your cell provider you can get a negitave person anywhere. But one bad apple spoils the bunch. There are positive things said also, but why would you want to show that. Your are a very angry person who should seek god. Two wrongs don't make a right. If they were doing all these things you are saying then why are they still in business. They have been around amost 30 years. There doing something right. I listen to the phone calls and you are trying to trap someone. All I now is karma comes back around. God can forgive but not you. Someone should show you how to handle this like a man, not a cry baby
  • Reply
    Becca T Becca T Jul 27, 2009 @ 10:49 am
    They started calling me this summer and telling me I owed on a credit card that I had paid off back in 2000. I did chart on it while a student. I was taking care of my father that did pass away with single cell cancer. Mr. Cooper and his associate at FBCS said that I owed 7,000 on a card that I had paid off. When I told him I had a child and I was currently unemployed he kinda backed off. I asked for a letter in writing about 2 months ago, but I have never received any letters, they want your account number and want you to pay for credit cards that you have already paid for. I am unemployed at this time and don't have the money anyway to pay. Be careful with these people.
  • Reply
    SallyMae SallyMae Dec 18, 2009 @ 5:55 pm
    Becca, I can imagine FBCS hires criminal minded people .This past summer a new hire went to lunch robbed 2 banks and went back to work.
  • Reply
    Dec 5, 2007 @ 1:48 am
    Good information about credit card. That's a 5 star rating from me. You can find all type of credit card news from my lens. If you have some time, please feel free to check it out.

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