Champion Strategy Holdings Reviews: Legit Or A Scam?
When your phone rings and it’s a debt collector on the line, it can be intimidating and leave you wondering if the debt they’re talking about is real. Recently, a company called Champion Strategy Holdings has been causing concern. This article will walk you through the Champion Strategy Holdings scam, helping you understand what it is, how to identify a fake debt collector, and what steps to take if you receive a call from them.
What’s Champion Strategy Holdings?
Champion Strategy Holdings presents itself as a debt collection company based in Atlanta, GA. They say they can help individuals and businesses settle debts. But there are major problems with their story:
- Shady Website: Their website lacks important information about who they are and what they do.
- Fake Office: The address they provide for their office in Atlanta turns out to be vacant when checked.
- Bad Company: They seem to be connected to a company called ASG Recovers, which has been fined and told to stop their debt collection practices.
- Short History: They claim to have 30 years of experience, but records show their website was registered in January 2020. This suggests they’re not genuine.
Is Champion Strategy Holdings A Scam?
Based on our Champion Strategy Holdings reviews, the company doesn’t seem to be a legitimate debt collector. They use deceptive tactics and have questionable ties. If they contact you, be cautious.
What To Do If Champion Strategy Holdings Contacts You
Here’s what you should do if you receive calls, texts, or voicemails from Champion Strategy Holdings:
- Verify the Debt: Check if the debt they claim you owe matches any real debts you’re aware of.
- Contact the Original Lender: If you do owe money, reach out to the original lender directly to discuss payment options.
- Deny Unfamiliar Debts: If the debt is unfamiliar, clearly tell them you don’t owe it.
- Report It: If you suspect a scam, report it to the FTC Federal Trade Commission or your state Attorney General’s office.
How To Spot A Scam Debt Collector
To avoid falling for scams like Champion Strategy Holdings, keep an eye out for these signs:
- No Information: Legit collectors share details about the debt. Scammers often hide these.
- Pressure to Pay: Scammers might push you to pay with money transfers or prepaid cards, which real collectors avoid.
- Threats: Be wary if they threaten legal action or jail time. Legit collectors don’t typically do this.
- Odd Hours: Real collectors stick to reasonable contact times, while scammers may call at odd hours.
As per our Champion Strategy Holdings reviews, Champion Strategy Holdings doesn’t appear to be a legitimate debt collection agency. Many people have reported receiving threats over debts they don’t owe. Regardless of how convincing they sound, don’t send money or personal information until you’ve confirmed the debt’s legitimacy.
Stay vigilant as phishing scams continue to rise. Always verify the authenticity of any debt-related communication. If you’re unsure, reach out to the appropriate authorities and report suspicious activity.
What legal rights do I have when dealing with debt collectors like Champion Strategy Holdings?
You have legal rights protected by the Fair Debt Collection Practices Act (FDCPA). These rights include the right to dispute the debt, request verification, and be treated fairly and respectfully by collectors.
Can debt collectors like Champion Strategy Holdings garnish my wages or seize my assets?
Debt collectors can take legal actions, such as wage garnishment or asset seizure, but they usually require a court order. It’s crucial to respond to legitimate legal notices and consult with an attorney if you face such situations.
Should I ever provide personal or financial information to a debt collector over the phone?
It’s generally not recommended to share personal or financial information over the phone with debt collectors. Request written verification of the debt and consult with legal counsel before providing sensitive information.
Can I request a cease and desist communication from Champion Strategy Holdings?
Yes, you have the right to request that Champion Strategy Holdings cease communication with you. However, this request should be made in writing, and it doesn’t eliminate your obligation to address the debt if it’s legitimate.