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Comments
They must not be posting any new complaints b/c you know there has to be hundreds of more complaints since the end of August.
It is unfortunate if some of these landed in the "Resolved" category. I know I did not receive a single response from WG during this process.
Resolved Complaints: 89
WebAssured has participated in the resolution of these complaints to the consumer's satisfaction.
___________________________________________
The number dropped. The statement makes one believe that WG actually PARTICIPATED in resolution, which if John is correct, is not truly what this number reflects. Kinda sad.
The good news is that awhile back Web Assured received pressure from WG and actually deleted the complaints all together. Fortunately they responded to inquiries and re-posted the complaints.
Recovery might be $100 per policy TODAY if the lawyers and employees don't eat it up?
My simple MBA take on things.
I filed with Discover Card for purchases made 9/02 & 12/02 (2 seperate policies) and crossing my fingers they agree and charge back the account. It is (as they so told me) beyond the 180 day allowed dispute period, but will process undeer good will?.
Ray T.
One more time, posts that mention a specific attorney/law firm and/or its contact information will be deleted, and you risk the cancellation of your Town Hall membership. Thank you for your cooperation.
kcram
Host
Smart Shopper and FWI Message Boards
" Our records indicate your account is 12 days past due. Please remit payment immediately to avoid possible cancellation of coverage under your Warranty Gold contract.
If your account was set up for automatic payment from your credit card or bank account, please call us immediately at the number below." Yada, Yada Yada!!!
Let me get this straight Warranty Gold, you did not contact your customers immediately when you learned NWIG was in trouble, in fact you waited over four months to let most of your customers know, but you continued to charge our credit cards or bank accounts with out even a hint of what you were doing was wrong. Now you want me to keep sending you money. What drugs are you on, as I would like to try them out.
This is my response to them via email:
"I have just received your notice of a payment that is past due, I will be more than happy to continue to pay on this contract if I receive the following from you:
1. A statement that my contract is fully intact and in good standing.
2. That should I need any repairs I will not have to worry about being denied the claim due to a an issue with Warranty Gold
3. That my policy is still honored in the same state and under the same pretense that I purchased it from you in it's original form and purpose..
After I receive your confirmation, I would be more than happy to send you the funds due. "
Get me once, shame on you, getting me twice would be my own stupidity.
Remember everyone, you paid WG your money, not NWIG. NWIG has WG's money, not yours. WG is still responsible to you. These funds are not one in the same as WG would like for you to believe.
Say I take my mortgage money and put it in a safe investment with the intention of paying my monthly mortgage payment. Say that investment shuts its doors and claims bankruptcy. Can I tell the mortgage company that while I know you loaned me money, I took that money and put it in an investment with the full intention of paying my mortgage payment each month. Unfortunately, that investment went belly up, but if the courts ever release the assets of the investment, I will be happy to pay you.
So how would that sit with the mortgage company? The big difference, of course, is that the mortgage company can just take your house because they have all the power. We, on the other hand, are pretty much helpless. Sure, we can dispute charges with our credit card companies if we purchased a WG contact recently, and we can get involved in a class action suit. But at the end of the day, we are essentially powerless.
Just a cr@ppy situation. Has anyone heard of any other posting sites worth checking out?
I have done my own investigating, and still have not heard from Warranty Gold. I've called them twice, and they have no answers. Does anyone?
Its amazing, but they are still selling policies, and they are still a recommended partner with MSN. I even contacted MSN and advised them of the problems over a month ago, and they are still recommending Warranty Gold!
I would be interested in participating in litigation.
mrhonest21@hotmail.com
I don't see any way that WG is going to give us back our money. They were not refined enough to let us know of a problem. They keep asking their customers to pay their monthly installments. And we expect them to honor their end (by returning our money)? What a joke! I can see WG folks laughing all the way to the bank(s). In the end they will go scott free. I just feel sorry for anybody buying extended warranty from them.
We can use this forum to fret, but remember, unless laws change in this land, nothing will ever change.
kcram
Host
Smart Shopper and FWI Message Boards
I wish I had not paid in full, but that's now hindsite !
Your right and I am hoping that Discover Card sees thru WG's mascarade and returns my money. I too bought 2 polocies and within 6 months and 9 months they were rendered useless WITHOUT notification to the contract holder ME. This in turn caused a later dispute to Discover Card, then had I known beforehand. The words I would like to express however are not allowed on this site unfortunately.
We all just have to vent together, if DC does not come thru for me then I will join those of us who learned a very expensive lesson about 3rd party warranties, no matter what that "Best Company" rates them ! I wonder how much WG paid to get that rating in print!
OK, time for a deep breath............and a drink!
Ray T.
"Unfortunately, the claim will not be paid for until their is a resolution to
the issue. If we do not recieve payment within 30 days we will cancel your
contract and you will not be entitled to a refund. If you cancel the right
way you may be entitled to a pro rated refund. I have sent you a
cancellation form have this form notarized and sent back through postal mail
for proper cancellation."
and this one, which really took some thought.....
"The information you require is at www.warrantynews.com. I would urge you to
read the section that speaks to your options at this point."
www.consumeraffairs.com
Moderator, My apologies if this is a violation. If it is, feel free to delete this post.
We all need to file complaints to put an end to Warranty Gold's deception and fraud. May not get your money back but you'll put an end to a dirty company. FTC cannot get your money back either but they can put WG out of business.
Ray T.
Regulation E covers credit card disputes for services not rendered, and is not limited to the 60 days from when it appears on your bill rule. (Regulation Z - truth in lending - dictates the 60 day rule.) If you have a visa card, the reason code is 30. Once the CCC contacts them, WG has 45 days to issue their own credit to your account, or show proof that a refund was already given, OR that services you paid for are still provided.
This was a good start, do you think you could post more info about Regulation E and the procedures and wording a customer should go thru to request a chargeback to their card?
This would be very helpful to all participants in this townhall that paid by credit card and are wondering how to go about getting the charges refunded on their cards. Also it would be helpful if you might have ideas on what to do or say if WG disputes the chargeback in the 45 days with your CCC.
Thanks.
Reg E talks about a timeframe of up to 120 days after you expect services to be rendered. I think that the more common examples are travel packages, fitness clubs, et all. Use those analogies if you phone.
Reg E also says that if the merchant disputes the chargeback, the bank can go back to the merchant a second time.
My experience was not an easy one. Everyone I spoke with said something different. More than once they told me I could not dispute it. As of now, they gave me pro-rated credits, subtracting the 6 months I would have had coverage, over the life of the contract. My form letter says that if WG declines, then they can't help me and I should take it up with them. My conversation (when I keep mentioning Reg E) said that one of 2 things will happen. If WG issues a credit, B of A will reverse theirs. If WG doesn't, the bank's will remain.
I have little knowledge of Reg E. I just did google search and picked up some language to include. It may help you to read back through prior posts. Oh, and Mastercard works the same. Their code is different, but I did not write it down, sorry.
Are regulation "E" & "Z" federal regulations that apply to All credit card companies or just specific? Obviously I'm wondering if what you just stated about "E" applies to my purchase since Discover Card says it has a 180 dispute limit. WG NEVER notified me of the loss of coverage of my policy when all this crap started (as they should have)or I would have filed my dispute much earlier with DC than I did. I much rather prefer the charge back against them then filing for refund thru WG for obvious reasons. What you stated has more merit since WG , IS still selling policies.
Ray T.
The phone number on your card and statement is for the 60 day disputes. They can not handle these, as their statements only go back 60 days. They try to get you to give up there. You must locate the 'other' dispute calling center. If you are lucky they will give you that number, but expect a long wait time and then request where to mail/fax your documentation and request for refund.
Hope this helps. I may try to request a check and close my account. I stopped using this card when I began my dispute process. The smaller banks are much easier to deal with.
Also, I just got some money from WG, yippee. Not much, $100, but better than nothing.
Battered consumer syndrome?
Maybe, just maybe the people you referred waited until after June 6th to finally decide to buy the policy, if that be the case your out of hot water with them for the referral and thus your reward for selling 2 policies for WG. LOL !
Jenny,
I did get a fax number from DC and faxed my letter of dispute stating the facts and other documentation from this site as well as complaint to FTC & WebAssured. If they deny maybe I can throw Reg. Z & E back at them. I'll have to check fed regulations on those two regs to know what the heck I'm talking about though, more time consuming research for the cause ! Or do you have it at hand to copy and paste so it can be posted on this board ?
Ray T.
This is a good link:
http://www.wellsfargosecure.com/customer/chargebacks/3.htm
Another one:
http://www.cctransact.com/FAQ/Chargebacks.htm
I also faxed more stuff to them everyday. News articles, websites, complaints... Once I secured a claim #, I referenced that. They probably got tired of filing my paperwork
Mike
Crossing fingers for all of us on the 45 day waiting it out period, lol.
xpfshost