I've posted details of this scammer on 800notes (I think a sister website of whocallsme) here
http://800notes.com/Phone.aspx/1-888-224-2782

Thank You anonymous, you were very informative and helpful in explaining this letter I received in the mail. Thank God I did not call this number, just read the letter and decided to investigate the number (( googled it)).
Caller: 1-888-224-2782

Thank You anonymous, you were very informative and helpful in explaining this letter I received in the mail. Thank God I did not call this number, just read the letter and decided to investigate the number (( googled it)).

888-224-2782
Typical scare tactic scam - hang up on this B.S.

877-670-5577.  Check out this number on this site for many more references to this scam!  Do not reply.  I was fortunate and got a busy signal, then decided to go looking.  With the information provided, I would have refused to part with my money until they could give me a definite refund I could expect.

Got two letters hoping they stop knew it was a fraud!!! Jerks why are they allowed to haunt us like this real winners they are! they better not call our home or i will tell them where they can stick it!! You can tell by the letter it is a FRAUD!!!! they keep your $149 and you dont get a refund from what i am reading wouldnt ever be caught even calling them or going for something like this!! JERKS!!! Stay away from them no good people!!! the letters better stop!!! be careful everyone!!

I too got one of these letters and I called. Got some info from the lady and decided to tell her I would call back. She left her name extension number and a different phone number to call her back on. 1-877-576-5561 ext 52258 Lasario was her name! Now that I called does that really mean she is selling my phone number to companies and what not?!!

I realize that this letter from ACT is a scam. By now the authoritys should realize it also. So why are they being aloud to continue preying on the poor pepole who fall for their Rip Off Trap? These theives should be traced and hunted down and procecuted to the full extent of the law. It angers me to the core that they are being aloud to get away with this.

I came to this thread from http://800notes.com/Phone.aspx/1-866-688-5904/3 (if you don't see it on page 3, it may have been pushed down to page 4 or 5 by new reply posts) where poster "NoFool" replied to Samantha on 22 Jun 2011 that 888-224-2782 is the number on his/her letter. This may be a mortgage-audit scam. They ask for $149 up front to find errors on your mortgage papers with refund if they don't find anything. Of course they will find SOMETHING and keep your $149. The analog I use is would you let me audit your roof with the same refund offer? I'm going to find a single loose shingle and keep your money. The money spent on the vast majority of roof audits is a waste since most roofs don't leak even with loose shingles. Ditto for mortgage audits. Also, your alleged "refund" is only what they *SAY* is your refund and *NOT* cash in your hand. Who decides if this is a legit refund? Them? Your lender? A third party? Who? What if your lender disputes it? Think your lender will pay up just because some stranger you paid $149 to says so? Your lender has a signed, legal mortgage note in hand and will fight you tooth and claw for any refund.

The company is AED = Accelerated Equity & Development but doing business as ACT = Accelerated Cashflow Technologies.
BBB listing http://www.bbb.org/utah/business-reviews/fore ... per-ut-10061629 that states "Beginning in 2010, the BBB began receiving numerous inquiries from the public regarding a mass mail campaign conducted by Accelerated Equity & Development, Inc, also known as ACT. The BBB has contacted the company and requested information and possible modifications based on the BBB's Code of Advertising Guidelines. The company has been asked to address concerns about the solicitations' ambiguity, layout and results expected from service advertised. The company is currently working with the BBB to address these concerns."
Wikipedia entry for United First Financial links AE&D to UFF http://en.wikipedia.org/wiki/United_First_Financial
AED/UFF has abandoned its MLM agents, sold exclusive marketing rights of the Money Merge Account to Market America (think acres of phone banks) and repackaged the $3,500 MMA as the $49.95/month "ACT Program." The MMA was sold as software to retire your mortgage early and to "save" hundreds of $thousands in mortgage interest, i.e., implied it was a financial gain to spend $3,500 to "save" hundreds of $thousands in mortgage interest. You can do the same for FREE by simply paying extra principal every time you pay your regular mortgage payment -- the more extra principal you pay, the earlier you pay it, the shorter the loan term will be and the less interest your mortgage will cost you. The MMA used the same principal-prepayment method but scammy-marketed it instead as proprietary software that achieved the "savings" without disclosing what the actual mechanism was.

The $149 mortgage audit is just to lure potential victims (that's you!) to call up and give ACT salesmen a chance to sell you the ACT Program. The $49.95/month ACT Program is just a new name for the old $3,500 Money Merge Account that's been thoroughly debunked here http://www.fatwallet.com/forums/finance/741118/ with a Quick Summary on page 1. In reality, you will *LOSE* some $thousands if you buy the ACT Program. In fact, mikef07 states at the top of http://www.fatwallet.com/forums/finance/741118/?start=914 that "The results do show that by using the MMA software it would cost me $5070.29 extra" than doing it on his own and that was when the MMA was $3,500. The present value of 49.95/month for ~10 years (assumes you pay a 30-year mortgage in 10 years) at 1% APR compounded monthly (what savings accounts are giving) is ~$5,700 so the $3,500 price for the MMA has been sneakily increased to $5,700 today for the ACT Program. The $5,700 MMA-repackaged-as-ACT-Program means mikef07 will lose 5070.29-3500+5700=$7,270.29 today.

The ACT Program falls into a category of scams where the product/service being sold actually works but is unnecessary, or you can achieve the same result with competing software at much lower $cost, or for FREE doing it yourself. If you knew all the ways and costs of achieving the same results, you would *NEVER* buy the ACT Program because you'd be paying big $$$ for something easy that you can do yourself for FREE. The scam is in the marketing using twisted language to obfuscate and confuse like "refunding" or "saving" future mortgage interest that has yet to be paid. "Saving" interest is a stupid concept often used in advertising to confuse consumers. The concept of "saving" interest is stupid because "saved" interest does not leave your pocket. What does leave your pocket is the actual interest you pay, i.e., the interest you get to deduct on your tax forms. "Saved" interest is just a number on paper and totally useless. If a $2 can of beans went on sale for $0.75 and advertised as "saving" you $1.25, you should only consider whether the can of beans is worth $0.75 and should ignore the $1.25 in "savings." Would you be happier if the can was priced at $5? If so, you'll be "saving" $4.25 though you'll be paying the same $0.75 for the same can of beans. Are you any richer by "saving" $4.25 instead of $1.25? Obviously not. The only money that left your pocket was the $0.75 for the can of beans, not $1.25 or $4.25, and the only important measure is whether the beans was worth the $0.75 that left your pocket, everything else is irrelevant.

FOLKS, DO NOT BUY ANY PROGRAM TO RETIRE YOUR MORTGAGE EARLY AND "REDUCE" OR "SAVE" OR BE "REFUNDED" MORTGAGE INTEREST --- YOU CAN DO THE SAME YOURSELF FOR FREE! FREE! FREE! I paid off a 15-year mortgage in 66 months and was "refunded" tens of $thousands in mortgage interest (ahhh, the language of scammers!), all by myself and without the $3,500 MMA (forerunner of the $5,700 ACT Program), a spreadsheet or a financial calculator. If I can, you can too, just pay extra principal along with your regular mortgage payment (to the extent possible given the size of your paycheck and other expenses) though it may not be wise to lock up your cash in an illiquid asset (your home) in this housing crisis with ~1 million foreclosed homes on the market and more on the way. Whatever you do -- *DON'T* buy the $5,700 ACT Program! What sense does it make to give $49.95 away every month for ~10 years to AED when that money could go to paying down the principal on your loan instead?

STAY FAR, FAR AWAY FROM AED, ACT, AND THE $5,700 ACT PROGRAM AND BEWARE OF SHILLS ON THIS THREAD.

Hello,

if you are one of the many people getting a letter from ACT saying you may have hundreds of dollars owed to you from a loan overcharge or miscalculation and prompting you to call 1888-224-2782. please dont fall for it. The original company's name is Accelerated Financial Services LLC and they are just dying to have innocent people fall for their prey. how do i know? i called and pretended i was calling another company and they answered with the correct name. In any case, what they want is to charge you a fee to look into your records and see if there is any errors. Considering the financial hardship the USA is going through now, they should be punishing these companies for trying to fool americans into their scams. If you are tired of being taken advantage of, report it to the United States Postal Service for unsolicited mass mail.
https://postalinspectors.uspis.gov/forms/MailFraudComplaint.aspx

got the letter too, scam, yes, important offer, no

Undoubtedly a scam of some type.

I got one too. Anybody have any idea?

I received a letter stating that I have been overcharged

ive checked a few other sites about this letter saying I could be overcharged. they're saying it happens all the time. is this true?

yeah, so i get this letter that says that I have been overcharged. what is this?