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Goodbye Rachel with Cardholder Services

November 1st, 2012 · 3 Comments

Most of you have probably received phone calls from Rachel before, offering to lower your credit card bill. It’s the most famous and perhaps the most irritating of all the phone scams. “This is Rachel with Cardholder Services. There is nothing wrong with your credit card….”

Well, the FTC has just announced that they have halted operations of five companies that were behind the calls.

But “Goodbye” is probably temporary only, as these not nice people quickly find other ways to perpetrate their scams.

Interestingly, the FTC has offered a $50,000 prize for anyone who can come up with a method to stop these calls. I hope someone wins the prize.

My new Ooma system has community blocklists that will block many telemarketers, but Rachel usually spoofs a continually shifting Caller ID number, so that doesn’t stop this particular scam.

Tags: Opinion

3 responses so far ↓

  • 1 Richard // Nov 2, 2012 at 9:09 am

    I’d love for someone to win that $50K!

  • 2 Donna // Nov 2, 2012 at 4:47 pm

    I don’t get those kind very much. Maybe it’s because my phone number is tied to people whom creditors are looking for (I get LOTS of calls for David Reed and Daniel Reed and Delores Reed, etc.) A lot of the calls I used to get have been significantly reduced by re-signing the donotcall.gov list (it expires every 5 years),and also signing up for the credit card offers “opt out” list. Now I’m getting deluged with calls to help me take advantage of government tax credits for going “green energy”. Leave me alone!!

  • 3 Don // Nov 3, 2012 at 4:54 pm

    I almost never get calls from someone I don’t know. I don’t know why it is but since we got rid of the land lines I don’t have to hear from Rachel.

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