101 replies to this topic

[jim5518]

The corporation was formed on Aug 2 2010. A web search shows everything about this to of popped up in the last week. Save your money.

[breeze]

The bottom of the main (index) page - text link says "disclosures"

I'm not arguing for this outfit, I'm just saying you should not call it a scam if you don't know for sure.

left hand side of "apply" page - T&C link and "disclosures" link.

Company History
Company description and key facts

Founded in 2005, Anacott Financial LLC, a member of Deutschland Financial Services, providing revolving credit card accounts to individuals in need. We provide personal installment loans, home improvement loans, and much, much more. For nearly 5 years, Anacott Financial has provided credit based products for customers in need, regardless of their current credit situation.


Anacott Financial LLC provides reasonable financing along with friendly customer service on both a local and national level. Why not give Anacott Financial a try today?


Company Contact Information
Address:

Two Penn Center Plaza, Suite 200 Philadelphia, PA 19102
Phone:

215-268-7663
Fax:

215-405-3875


For billing questions please call Allied Wallet at +1 888.255.1137 or Click Here

UK Office: 72 High Street, Haslemere, Surrey GU27 2LA

Your credit card statement will read AW-anacottfinancial.com18882551137

[centex]

The bottom of the main (index) page - text link says "disclosures"

I'm not arguing for this outfit, I'm just saying you should not call it a scam if you don't know for sure.

THAT is new since the posts yesterday...

It is also worth noting that those disclosures are the most half-assed attempt I have ever seen. While it links to the prime, it fails to disclose properly what the additive value is going to be.

I still have to wonder WHY they do not want to provide PROPER disclosures.

Edited by centex, 14 September 2010 - 10:17 AM.

[breeze]

Okay - the domain registration is private. That's not acceptable for a financial institution, IMO. I wouldn't do business with them. Can't find any info on Deutschland Financial with the SEC - maybe there are other places to check, but I don't have time to do it.

[breeze]

Centex, I saw the disclosure link on the application page last night, just didn't post it. I agree that this is a questionable website, because financial institutions do not use private registrations, and the SSL cert is the one provided by GoDaddy - not the norm for financial institutions. But I know the disclosure was there. Moot point, anyway.

ETA: also, there are graphics of VISA and MC on the site, but not on the card that is provided as an illustration of the anacott card. Honestly, I was expecting one of those catalog accounts, or one of those websites where the card is only good for that merchant - instead, I think it is a misleading graphic, making people think they are getting a major credit card.

Download or save a screen shot and then tell MC and VISA their logo is being used on that site.

Now see if the logo disappears.

[breeze]

This raises a question - how does a credit card get listed on bankrate.com's website? You'd think they'd check out who they're dealing with.

[centex]

Centex, I saw the disclosure link on the application page last night, just didn't post it.

At the time of my last post yesterday, there were no disclosures except for teh terms and conditions link. The disclosures (such as they are) on the app page were also not present at the time of my last post yesterday. The site got a makeover sometime after yesterday afternoon. Whether it was because of the posts here or elsewhere, don't know...but things definitely changed.

I agree that this is a questionable website, because financial institutions do not use private registrations, and the SSL cert is the one provided by GoDaddy - not the norm for financial institutions. But I know the disclosure was there. Moot point, anyway.

ETA: also, there are graphics of VISA and MC on the site, but not on the card that is provided as an illustration of the anacott card. Honestly, I was expecting one of those catalog accounts, or one of those websites where the card is only good for that merchant - instead, I think it is a misleading graphic, making people think they are getting a major credit card.

I fully concur, which is why I suggested it may only be a merchandise card in one of the early posts yesterday.

Download or save a screen shot and then tell MC and VISA their logo is being used on that site.

Now see if the logo disappears.

hmm...that could be interesting

[breeze]

https://anacottfinan...disclosures.php

[breeze]

another strange discrepancy whois info - created 29 jul 2010 - website says it was updated in May - on every page - doh.

WHOIS - anacottfinancial.com

Registrar: GODADDY.COM, INC.
Status: clientDeleteProhibited
Dates: Created 29-jul-2010 Updated 19-aug-2010 Expires 29-jul-2011
DNS Servers: NS1.ANACOTTFINANCIAL.COM NS2.ANACOTTFINANCIAL.COM

I was referred to whois.godaddy.com; I'm looking it up there.


The data contained in GoDaddy.com, Inc.'s WhoIs database,
while believed by the company to be reliable, is provided "as is"
with no guarantee or warranties regarding its accuracy. This
information is provided for the sole purpose of assisting you
in obtaining information about domain name registration records.
Any use of this data for any other purpose is expressly forbidden without the prior written
permission of GoDaddy.com, Inc. By submitting an inquiry,
you agree to these terms of usage and limitations of warranty. In particular,
you agree not to use this data to allow, enable, or otherwise make possible,
dissemination or collection of this data, in part or in its entirety, for any
purpose, such as the transmission of unsolicited advertising and
and solicitations of any kind, including spam. You further agree
not to use this data to enable high volume, automated or robotic electronic
processes designed to collect or compile this data for any purpose,
including mining this data for your own personal or commercial purposes.

Please note: the registrant of the domain name is specified
in the "registrant" field. In most cases, GoDaddy.com, Inc.
is not the registrant of domain names listed in this database.


Registrant:
Domains by Proxy, Inc.

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: ANACOTTFINANCIAL.COM

Domain servers in listed order:
NS1.ANACOTTFINANCIAL.COM
NS2.ANACOTTFINANCIAL.COM


****************************************************
See Business Registration Listing
****************************************************
Copy and paste the link below to view additional details:
http://who.godaddy.c...TTFINANCIAL.COM

[centex]

https://anacottfinan...disclosures.php

knowing what you know about credit products, do YOU really consider that ANYWHERE even close to complete in the spirit by which the Fed contemplated disclosure requirements? I sure don't.

What are they measuring the prime by, what is the additive value, what is the address for billing disputes, hell, what is the address to begin with...

Because, ya know...what they give does not cut it except and unless the intent is to prey upon the desparate...

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in the Additional Disclosures or Card Agreement that will be provided to you before you can begin using your new card.

yeah right...give us your information and we will let you know LATER what you are actually agreeing to.

I think not...

[clambert1273]

interesting stuff guys... keep going.... will see what I can dig up as well

[fixinitup2buy]

i don't know if this anything but also when I applied for the card they asked for a copy of my DL and CC so they can verify......they said there underwritters needed it. when I called my cc to see if it's been charged already and I told them the situration they inform me that the payment is to somewhere out of country....at that point I asked to close the acct and send me new cc. I'm glad that it did'nt get far enought to hurt me or my credit.

thanks for everyone's feedbk I'm glad I was able to share this with everyone at cb so this won't happen to anyone !!

[centex]

Centex, I saw the disclosure link on the application page last night, just didn't post it. I agree that this is a questionable website, because financial institutions do not use private registrations, and the SSL cert is the one provided by GoDaddy - not the norm for financial institutions. But I know the disclosure was there. Moot point, anyway.

ETA: also, there are graphics of VISA and MC on the site, but not on the card that is provided as an illustration of the anacott card. Honestly, I was expecting one of those catalog accounts, or one of those websites where the card is only good for that merchant - instead, I think it is a misleading graphic, making people think they are getting a major credit card.

Download or save a screen shot and then tell MC and VISA their logo is being used on that site.

Now see if the logo disappears.

Weren't there logos on the homepage? I don't see them there now except on the 'apply' page...

[danieljc]

I just joined this forum because it is the only thing in dozens of Internet searches I can find about Anacott. I applied for the card last Wed (9/8/10). I applied for it along with several other apps so I was not thinking about the possibility of a fraudulent company at the time. Then after submitting my app, the red flags (all of which were mentioned in this thread) started jumping out at me. I immediately called my bank and canceled the card I used for the $99 but I did not dispute the charge because I wanted to get more info.

Some of the things I've noticed besides what has already been mentioned on this forum:

- The UK address for the credit card processor is a residential address. Why would an actual financial institution use a hokey little credit card processor like Allied Wallet? That was pretty freaky.

- Couldn't find any info on "Deutschland Financial Services".

- Couldn't find the Anacott Financial LLC filing in the Pennsylvania Secretary of State database. (Since then some one on here mentioned they filed articles of inc. just LAST MONTH!) So what's this whole 2005 thing?

- No info on the website about the underwriting bank. Hello?

- The submit button on the make a payment tab of the website says, "submit application" - what??

- Has anyone looked at the address they list in Philly? The address is part of a virtual office space company - American Executive Centers. These are office spaces where you rent an address (like a commercial version of a hotel room or conference room) when you don't have your own permanent office. They're generally used by entrepreneurs as temporary offices.
http://www.americane...ivecenters.com/

- I took a look at the source code on the website. GET THIS: The site was ripped off from American General Financial Services which is owned by AIG, one of the largest financial institutions in the world. The site builder simply used a free tool called HTTrack to copy the AGF site and then they modified it with the Anacott logo and their own content.

- I have not done any investigation on the phone number but I'm betting that if I did, we'd see that the phone number was setup with the last couple of months.

- And of course I have not gotten the promised email of card issuance though it was promised to have been received within 3 business days.

I called them and questioned their legitimacy and the guy on the phone assured me that they were a legitimate outfit but could not provide any source of proof for me to look at.

I feel incredibly stupid to have submitted an app to them without noticing these things first. But now that I have, I'm doing what I can to see they are found out. I would encourage you all to do the same as the more of us working on this, the more authorities will hear about it and hopefully take action.

- I'm notifying the FBI Internet Crime Complaint Center and the FBI office in Philly.
- I'm notifying American General Finance and AIG that their website was ripped off.
- I'm notifying Allied Wallet (assuming they are not in on this whole thing) that they are providing payment processing for a fraudulent credit scam.
- I'm notifying American Executive Centers that they are hosting a company that is under suspicion of financial and credit fraud.

If anyone can think of anything else that can be done, that would be great.

[fixinitup2buy]

I just checked out the site again and i notice they took off the visa and mcc logo off.......and if you check out the credit report section it looks like they try to cover up another webpage....it looks really funny.

[clambert1273]

wonder if they are watching this thread changing it up as you guys go along... now THAT would be funny

[fixinitup2buy]

I was thinking the same thing.....bcuz everytime we post something the website changes....watch it be out of business by the end out the week....lol
I disputed my charges today....i just haven't reported to anyone yet.

danieljc did they ask for you to fax or scan in your personal info like your dl or cc?

[danieljc]

I was thinking the same thing.....bcuz everytime we post something the website changes....watch it be out of business by the end out the week....lol
I disputed my charges today....i just haven't reported to anyone yet.

danieljc did they ask for you to fax or scan in your personal info like your dl or cc?

Yes they did. And because I was in a hurry with other apps, I did it in haste. Afterward I stopped to look at them closer and all this stuff started coming out. Then I kicked myself for the carelessness and got my card canceled and moved the money out of my checking and got ID insurance from Zander.

[danieljc]

Yes,

They are reading the forum.

Check out the email I just got from them:

Daniel:
After reading your email, which was sent to us from Allied Wallet this
evening, we see that you are very unhappy with our company. It appears that
you included a link to www.creditboards.com in the email as well. After
reading your postings, as well as others postings, we have determined that
you and three other people are unhappy with our company. We are sorry to
hear this. All you had to do is simply call us and we would have canceled
your account and refunded your $99. Neither you nor any of the other
posters on that thread have waited the 14 days to receive the card.
However, no need to worry any further as we are canceling your account for
you and refunding your $99. (Please note refunds take 3-5 BUSINESS days,
which do not include weekends)

If you or anybody else seems to think we are a scam why not call and talk
to us, or at the bare minimum wait and see if you get the card in the mail?
Either way we are sorry to hear that you were so upset and wish you and the
others in that thread the best of luck. In regards to contacting all of the
entities you listed in the email by all means go ahead as we have nothing
to hide.

Thank You,
Support Staff

[fixinitup2buy]

I just didn't canceled my card with them....becuz i wanted to see if they would send it or not.
the one thing i do is call every morning to check the status and see if they send it out and everytime i get different info from each person I talk to....man i feel like a sucker!

I also ask about what i get approved for and they always have something different too.

I did do some research on google and there was a aspire visa that was offered by anacott and bad reviews on it so i would really like to see what happens.

[breeze]

I just checked out the site again and i notice they took off the visa and mcc logo off.......and if you check out the credit report section it looks like they try to cover up another webpage....it looks really funny.

The MC and VISA logo is still there.

[whipster]

I also saw that, and I thought there was something fishy about it...tried googling for them and came up empty.

Except for...

Blue horseshoe LOVES Anacott Steel. Great movie, can't wait to see the sequel.

Hmmmm what's the ticker for Anacott?

[fixinitup2buy]

where at i looked on the home page and app page?

[breeze]

where at i looked on the home page and app page?

Yes - I saw it. Reloaded the page to be sure. Used another browser - it's there.

[sparks1227]

I too applied for a card with Anacott per bankrate website. I applied on Sept 12 and paid 99.00. Honestly I thought if they were on bankrate, they were legit. After reading these posts, I became weary. I received all e-mails that they got my appropriate information and still just in the five business day review period. I called their office last night and checked on this situation. They told me that five business days is a review period and they I will receive an e-mail with my account number and card in 10-14 days. I asked the woman if this was a catalog thing and she said no, this is legit card you can use for purchases, not cash advances. She offered to credit back my 99.00 if I didn't believe her. Maybe they are not professional or just trying to help people or really a scam. Why would she offer to credit me my 99.00 or even answer the phone if they were a scam. Unless they do that to throw people off and hoping others won't call at all. I got scammed with online wedding favors before that had no phones to answer, nothing. I could have been recording the line too- huge risk for them to be answering phones if they are scamming people.

I am going to give them benefit of doubt and wait full five business days then call them back at the end to check on status...I will call everyday until the 10-14 day period is up (if I don't receive a card). I will at least wait through the "terms" they give you as to when you should receive your card and then if I don't.....well hello reporting them to the authorities!

They very well could operate like those internet payday loan companies, but you never know.