I applied for a new truck. My credit score from the main 2 credit bureaus are 713 & 747. This out fit reported a 566 which is not true. Reported unpaid items, late bills. I have non of this, in fact my payment history is 100% paid on time. So I went on Line and checked them out they are doing this on a regular basis. I found the reason is the bank they deal with tell you with this credit score we have to charge you more interest, so it a scam to get more interest to spilit with someone. There are many complaints about them. I talked to one man who wrote them a letter, his score with the main 2 creddit bureaus was above 800. they reported it at 426. I will give these people Rip off.com to file a report. I also will file Federal Charges on them.This is a Federal crime.
This is all a scam but this is not a federal crime. The entire system is a scam and its rigged. To solve the problem all you do is freeze the company now the lenders no longer have this power. Take it away from them. The main credit bureaus are buying up these companies one by one so they can control them. I have been watching this very closely these last few yrs. Experian and And Transunion are doing it together. Everything is a public record. Brace yourself unless you know how to play this game it's going to get worse. I have went from the 440s to 770s three times. One time I had a BK. I am still very young and I have had to learn how to play this game. These mistakes were tied to me not know how to separate myself from my business. It's great you have never had any issues. But with these companies it's all about money. Take this power away from these companies. Protecting your credit is just as big as preventing identity theft if not bigger. They only need to lend 20% of their money then they don't care about screwing everyone else over. Remember credit is a priviledge it's not a right. If your credit is really established right now getting money for a business you can get 400 to 1 Million all cash right now. If you know what to do that is.
Based upon all of the reviews, it is easy to see that SageStream LLC and Ally Bank (perhaps other companies as well) are co-conspirators to get the auto loans changed so that they can make more money.
I am not sure if the auto agencies are a part of this scheme, but a good lawyer would sure be able to investigate, because the more companies involved in this conspirency, the more money they will make.
I just contacted my bank which runs my three credit score through the major credit unions monthly. They sent me a report detailing my 3 scores and FICO.
I panicked when I received a letter through Ally bank that uses Sagesteeam. Now, it is a federal crime to alter or purposely report inaccurate credit scores.
I contacted my lawyer and filing charges on them. I applied for a auto loan and was turned down. I wasn't too disappointed because Ally Bank should not use this company with unlawful business practices.
I contacted Ally bank and filed a report. My score was 300 points lower than every credit union expect Sagesteeam .
I was easily approved through a other credit unions. However, I am seeking legal action against this company.
I purchased a vehicle approximately one month ago and just received a letter in the mail informing me I had been declined by another bank due to a credit rejection by SageStream. The reasons cited for the rejection were: too little history at this phone number (I'm not sure what a phone number has to do with anything; people can change them when they move, switch carriers, go through a bad breakup, get a new company provided business phone, but regardless of the reasons, it's moot as I've had this number for at least 15 years); too few active accounts (I have at least 7 lines of revolving credit with small balances on two that I pay off on a monthly basis) and length of residence too short (I've lived at this address for 15 years). Unlike others have reported, my credit score they assigned was not egregiously low (805, while my FICO is upwards of 840+), yet they still rejected me for completely nonsensical and false reasons.
I applied for new car financing and was turned down by a company I have previously paid off 2 cars and have a current loan with them. The letter listed that a credit report from trans union with a score of 700 was used and also a credit score from Sagestream LLC with a score of 452.
I have never heard of this company and I do not give them permission to access my credit information. The information is obviously incorrect because my scores from the three legitimate credit reporting agencies are all between 659 and 700.
I would like to know who they are, how they got my information and if it is even legal for them to have it. This is not public record so how do they have my information?
Anyone who has any insight is welcome to contact me.
I was in Kroger and a lady asked if I wanted a Kroger card. She had a quota to make and I said yes. I have excellent credit and it is around 811 every month. I received a letter saying based on my credit, I couldn't receive a Kroger credit card. I called and only got a recording to leave a message. I see that I am not alone as I see many people that have been ripped off by this agency. You can't reach them. Sandra Keller, TX
We applied to AT&T for internet services. AT&T used Sage Stream to get a credit rating. Sage Stream gave us a credit score of 478. As a result, AT&T declined our application. Being concerned, we asked the 3 major credit rating companies for our credit history. We had a perfect credit history. We paid TransUnion for our credit score, which was 827. We feel that the low score from Sage Stream damaged our credit history. We plan on seeking legal action against Sage Stream for damaging our credit rating.
A few weeks after I had purchased my new Mercedes, I received a letter of credit denial from a lender stating that I was denied credit based on a "consumer file" over at sage stream llc. (never heard of this company before?) So like others here I was a little concerned and decided to call them and ask questions. After a VERY brief time on hold I was directed to a message that said "all operators were busy" and to call back later. The letter I received stated that my score with this company was 400??? The new Benz is in the garage because my loan was approved (at 3.9 percent) based on my 800+ credit score. I can only imagine that this company creates extraordinarily low score so that sub-par lenders can charge unknowing people sky high rates.
This company operates out of a P.O. Box and doesn’t answer the phone... SCAM SCAM SCAM
I received a denial letter for a car loan from Ally Bank stating the reason was because of a low score and too many delinquencies from Sage Stream LLC. I have been in full view of the other three main reporting agencies for years making sure that all my accounts reported correctly, and can say for sure that they all report no delinquincies. I have no derogatory marks either so getting this letter is very upsetting. Sage Stream is wanting me to mail personal documents to them in order to verify identity before they will grant access to their files. I will not ever mail such information to anyone that I do not know or trust, and these people will never be trusted with these fraudulent claims against me.
On July 31 2017 I attempted to purchase a new car . The company was attempting to finance me through ally but I was denied. I received a letter from Ally in the mail on August 19 2017 stating that i was denied because my credit was only 546 as stated on sage stream LLC. on every other credit report my score is well over 700.
Clearly an illegal scheme to inflate the interest rates financiers can charge.
With a nearly average REAL credit score, I cannot get a $500 prepaid credit card from a credit union when I have $1000 in their bank and my pension deposit going to their account. With $2000 down, I can get no better than a buy/here ripoff deal on a 90's era sedan from a car dealer, if that.
The first of these "supplemental" reporting agencies I dealt with was LexisNexis. They deleted my file rather than send me the report so I could correct the information. Hopefully, SageStream will be more forthcoming.
I highly recommend ANYONE with a choice avoid ANY business with the finance industry. Saving for years might just be easier than dealing with these shady characters, even with very good credit.
This company submitted erroneous credit information to a creditor I was working with to secure auto financing.
All 3 major credit agencies had correct credit history information and all 3 scores were above 800.
This company falsely reported my score as a 655 which had an adverse impact on the interest rate I was offered and derogatorily
portrayed me as someone without sufficient credit history to qualify for a loan. Ridiculous.
I am 63 years old and until this highly questionable agency surfaced, I have been able to walk into any bank or potential lender and secure their best
interest rate without question.
What's more infuriating was the reasons for the 655.
1. Not long enough at my residence??? (I bought my home in 2004; 14 years has been sufficient for everyone else).
2. My phone # is too far away from my mailing address?? Really? Does it sound like I live in a van down by the river? Did I mention I am 63, have owned
my home for 14 years, and have the same cell phone # since then?
I"ll stop here, it just gets worse. If you do an internet search on these people, there are pages and pages of similar complaints. It is amazing that they are
allowed to stay in business. Just keep changing your DBA so no one is the wiser. Despicable. If your financial dealings take you to the West Coast, beware!!
Applied for auto loan denied because sagestream said I have delinquent accounts and I don't. Limited history at this phone. What does that mean. What is proportion of satisfactory trades too low.
Recenlty I purchased a auto from Texas Direct Auto out of Texas. I received a letter from Ally Bank stating that according to Sage Stream LLC (credit reporting company) I was turned down for a auto loan due to my credit score of 647.
Firstly, I have exceptional credit in the 800's!! Right above where Ally mentions SageStream LLC, Equifax gave me a score of 843!
It appears that in order for them to collect more money from you, they use SageStream LLC to drop your score so they can charge you more interest on your purchase price..
This smells so wrong. I did get approved by Capital One bank.. hmmmm..?
Gave me a credit score 265 points below any of the three major agency's when I went for car loan. Ally Bank then siad they would give me the loan at different(higher) financial terms. It seems as though the two companies are working together to gouge people with higher rates.
One negative item in report was 'too few backcard accounts'. I have six accounts. How many bankcard accounts am I supposed to have to get a good report????
SageStream LLC, and Ally Bank are co-conspirators to defraud the public
SageStream LLC, (P.O. Box 503793, San Diego, CA., 92150-3793) and Ally Bank (P.O. Box 1048, Hartford CT., 06143) are co-conspirators to defraud the public by providing wrong and or misleading information, so that Ally Bank can change the terms of the submitted auto loans so that Ally Bank can make more money.
I am not sure if AutoNation Chrysler Dodge Jeep Ram in Houston, TX. is also involved in this conspiracy or not, but if you look up all the complaints filed against SageStream LLC, it sure looks like their might be a lot of auto dealers also involved as well as Ally Bank, for sure.
Put this FRAUD Company out of business. Look at all the complaints filed against SageStream LLC.
File a class action Law Suit against SageStream LLC and Ally Bank for unfair and unlawful business practices.
I filed a complaint with the CFPB is an independent federal agency built to protect consumers. They write and enforce rules that keep banks and other financial companies operating fairly. They also educate and empower consumers, if you have a question call them at (855) 411-2372
I have filed a complaint against SAGESTREAM LLC and ALLY BANK, see below.
I've never heard of SageStream, LLC in my life. They have to be scam artists because they gave me an extremely low score and I don't know where or how they were given my info for a credit check. The number listed only gives you the run around. Clearly a scam and I'm not sure what to do next?
Despite credit scores in the 800's (yes, you read that right!) with the "big three" credit reporting agencies, I was denied a line of credit based on a report from SageStream. In order for me to obtain a copy of my report with them and determine just why, exactly, I was denied credit, they indicate I must snail mail the following to them:
First, Middle & Last Names
Current Address
Phone Number
Social Security Number
Date of Birth
Copy of Driver's License or Passport
Copy of recent Bank Statement or Utility Bill
Voided Personal Check
Due to my information being included with the most recent Equifax security breach, I have everything locked down and I'm not about to jeopardize myself for this idiot company by sending this information through the USPS mail and taking a risk that it is misdelivered and I become a victim of identity theft.
These people need to be stopped. Class action, anyone?
I too had inaccurate credit scores from this company. I hired a lawyer yesterday to investigate this fraudulent company. sagestrean has committed a federal crime.
This company gave me a credit score 300 points less from my bank, which utilizes the three major credit unions. My bank sends an updated credit scores every month (all three) plus FICO.
They will have to reveal their tactics to the courts.
I just bought a car and thought everything was fine. I received a letter in the mail from Ally bank stating that they turned me down for a loan because of my credit score. They had 2 reporting agencies in the letter. Equifax and this other company, Sagestream, which I've never heard of. Equifax gave my credit score in the 800's. Sagestream reported it in the 600's. I went on line to get reports from Equifax and Transunion. They both have my score in the 800's.
I also can't believe the "reasons" they gave for the low score. First: Total account balances. I have some debt but very little. My cards are used but I am in no way in heavy debt. Second: Limited history at this Phone??? Seriously, the phone. So why don't Equifax and Transunion have trouble finding me. Bet they didn't try using my phone (which by the way, I've had that number for years). Third: Time since most recent revolving account established. guess the line of credit at the bank doesn't count, it's current and I use it over and over. Credit cards are used monthly to pay bills but no, I haven't opened a new one in a while. What exactly are the looking for?? Fourth: Too few active accounts. Funny, Equifax found 8 accounts plus the line of credit and some old loans that were now paid off. Transunion found 9 accounts, plus the line of credit and some older loans. Both stated all accounts were in good standing.
How can they get away with this when it affects my credit and my life? I will be calling Ally bank and asking for a report on this. These people need put out of business for this shoddy work, if it is shoddy. I believe they may be doing it on purpose. Hopefully this will help someone else because when I checked on line, there appear to be a lot of people having the same problem with this company. Many were also connected to Ally bank. Good to know. Will make sure I never deal with them.
I received a denial letter from ALLY Bank denying a loan for an auto. They used a company SageStream, LLC which my score was 528. That is so incorrect.
I went to local chevy dealership to purchase a car. They sent finance inquiry to 3 financial institutions one of which was Ally Bank in Hartford, CT. I obtained my loan from GM Fina cial. Prior to this purchase it had been 4 yrs since I had paid off my old car, so first loan needed since then. My credit scores between the 3 majors ran from 650-700. The letter I received for denial states no credit score available with Equifax, yet talking to equifax they have my score currently at 658 ( though since this i have reviewed their report and proven multiple pd off, lien releases, and inaccuracies if which they have removed 4 of the 6 negative reports and still wirking on the remival if the other two. The second reprting agency was SageStream who reported my score at 427. I tried to go on line to get report so I could challenge. They wanted copies of drivers licence, social security card, passport and or birth certificate to prove who I was. Hell no I didn't give out my info. Call in I got message machine with same instructions. They stated denial based on inquiries adversely affected the score. Limited history at this address and phone. We've lived here 4 years, my phone number I've had for 15+ yrs. Not enough bank card debt experience, I have had no need to get a card other than my debit card from my bank.and not enough debt experience... I am 56 yrs old, seriously, I have pd all my debts and usually have done it early. They also say that scores range from 1 to 999, seriously different than established agencies.
Information about my credit score. I recieved a letter today in the mail explaining that my credit score that they Ally Capital obtained from SageStream, LLC states that my credit score is 581 and I was denied financing. Transunion states that my credit score is 717, Equifax is 723 and Experian is 710. Who are these people to have my information and report such a low score? I though that the only three (3) credit breaus that they use were transUnion, Equifax and Experian. These people should be reported as being Rip-Offs and taken down as a reliable source for credit reporting.
I have the same problem with this company and there low credit it score My Ally account rates me me at 702 but yet they are now using this company and they have me at 428. I would like to see this company investigated and a list of banks published that are using this SageStream,LLC.
They fraudulently listed my credit score with an extremely low number! My actual scores are in the upper 600 range and they reported my score as a 405! I was denied credit and plan to report them to the BBB and file a class action suit.
After reading some reviews, it occurred to me that the same was being done to me. I had checked my credit score a week ago and it was 620.. So due to their report I was refused a loan for a used car that my kids and I needed badly
This company is a rip off credit agency giving low balling scores to bring down scores and force regular bank to deny decent credit and only allow high interest bank to take the applications.
This company is forcing credit scores to drop because of their bogus reports. Credit score went from 690 down to 618, because SageStream gave a credit score of 478.
If 3 major credit reporting agency all say score is 690 and this one comes along and give a score of 200 lower, HOW?
I went to a auto dealership to purchase a car and my credit was ran 4 times I got the car cause my credit was a 714 on all the letters that I received however Ally bank denied my credit with a sage stream score of 448 Why, who are these people and why are they lying about credit. I did not authorized for them to have access to my info and they stated on there website that you can block their reports by sending them a letter and 2 forms of your Id. I dont trust this johnny come lately company nor do I want them to have any of my personal info. I hope that some lawyer take this case I would like to sue them and put them out of business
I also tried to get a credit card for a store and my info was sent to sagestream, they gave me a 316 score when my credit score is in the 600's
I called them and had to leave my name and phone number for someone to call me back, well they called back the next day and told me that is Not a credit score that is a credit offer score and that they don't have access to the FICO scores. I don't want this company to have access to my info either so what can we do? I don't want to give them all my info again to do this. I really hope someone puts them out of business, I reported them to BBB so waiting to see what happens there, don't know what else to do.
This company is getting paid by banks to report fake scores. They are being used by lenders so that lenders can charge higher interest rates. Beware. They are violating the Fair Credit Reporting Act and the Government needs to shut them down. People are being turned down for credit when they don't even use the the FICO system scoring.
I was applying for a loan to get a car through some car dealers. They got a credit score from these people and it was 360. My credit score from experian and Transunion are way above this score. From what I read they are lowering peoples scores so the banks are charging more interest rates on loans. This is a fraudulant credit score and this company needs to be investigated. I do believe the banks are paying them money to do this so they can charge people outrageous interest rates.
This previously unknown credit reporting agency drastically lowers my credit score by Fico from 685 to 411 based on their undisclosed criteria. Then are unavailable by phone for complaints or requests for a full written disclosure of their criteria and the informational data used for their evaluation.
I have an excellent credit score from all three major reporting agencies and was financed for an auto loan by wells fargo at 4%
A week later i recieve a letter from ally capital saying the reason they declined me was because they gave me a credit score of 537. What??? So many people complaining about being shamed by this terrible and damaging co.
I have an excellent credit score from all three major reporting agencies and was financed for an auto loan by wells fargo at 4%
A week later i recieve a letter from ally capital saying the reason they declined me was because they gave me a credit score of 537. What??? So many people complaining about being shamed by this terrible and damaging co.
Like all the other complainers, i have excellent credit. I traded in my 2014 completely paid for for a 2013 dodge durango., so i didn't have a large amout to finace. I got it financed from Wells Fargo at 4%. A week later i recieve a letter from Ally Capital saying they regret they had to turn down my request and that SageStream llc. Had given me a credit score at 537. Who are these people and why are their credit scored so drastically different than the other major reporting agencies? ? I work very hard to keep my excellent credit and I'm furious, as are all the other people who have excellent credit and are being shammed by these peole.
Sagestream LLC provided Sprint erroneous credit reporting information including an incorrect credit score that impacted my financial agreement with them. This agency does not provide electronic access to the information contained in their report. When comparing the information and reasons affecting my credit contained in their report it differed significantly from other major credit reporting agencies. Requesting a copy of my report was challenging and calls placed to the business were not returned even after repeated attempts. There is something wrong with how this company operates and they should be removed from providing this service.
Addresses: 1105 N Market St Wilmington, DE 19801 15253 Avenue of Science San Diego, CA 92128 60 E Rio Salado Pkwy Tempe, AZ 85281
This company has twice reported fraudulent information about me to ALLY BANK regarding a car loan. My credit score is extremely high and this awful company lied about me and gave me a credit score of 498 in 2022.
Not only did they give me a low credit score but they also said my phone number changed too much. My address and phone number had a limited history and that is an outright LIE! I have had the same cell phone number since 2013, I've lived at the same house since 2013, used the house phone for my contact since 2013 as well, with the exception of a few months that I had an apt but was actually living at this address because I moved right back into the same house I left to take care of my mother because she ended up having a stroke shortly after I moved out.
These people running this company should not only be ashamed of themselves but they should be denied the right to give credit reports to creditors and destroying peoples lives with their lying reports that deny them what they need like a car.
Thank goodness for real credit reporting agencies that report your true credit to those who need it. This company receives (zero) stars from me. I won't even click that and rate them even a one.
Set stream LLC reported my credit score at 5 15 dated February 17th 2021 I was denied credit from allied bank for a card that I need it because I have no car my credit score with transunion was 776 and it is higher with some of the other credit reporting agencies until I applied for a car loan.
I spent years after my husband died fixing my credit only to find out there's a new credit reporting agency that is fraudulently reporting or credit as a risk compared to the credit that we have built up.
I had just paid a loan off for $20,000 and else my credit was good and I only owe 500 on a purchase that is on interest-free and have no other debts.
I would like to join in with others and through this company.
after spending many years after my husband died and paying his medical bills and fixing my credit now these people are trying to destroy my credit and I can't get a car.
If anybody knows had a start a lawsuit against them reach out to me.
and be warned that I like credit doesn't use your credit score that you worked on fixing they use these people.
my credit score in well over 800. I was denied credit at an auto repair shop... which evidently uses thus outfit. Getting in touch with them is seeming difficult.
Recently I purchased 2019 GMC Sierra unlimited while in dire need of a vehicle after an accident where my Nissan was totaled by the insurance company. The Insurance company would only reimburse me 3,000 for the purchase of another truck, well we all know what a huge loss I took on that.
I live in a rural area and alone, needed a truck as I am a contractor. I had just survived through a 5-year repayment plan on a chapter 13 October 1 2019 last payment of 1250.00 per month.
I needed financing so Kunes Country Super Store started submitting my application for approval, many of the financing companies use credit bureau that is not updated info? In this case, Ally Capital used SageStreamllc.com I had never heard of them?
How can Transunion have almost a 700 score yet Sagestream has a 498 score. Why do consumer have to make a part-time career of constantly taking time fixing incorrect information and building stress and anxiety over false information from these credit bureaus? Not to mention ruining someone's reputation, humiliating them.
Humans are going through hardship due to our economy, certainly is not that we are not the government robots, working to stay afloat!
I'm including Ally Bank in this complaint because I feel they're working together to charge higher interest rates.
Sagestream gave both my wife and me low 600 credit scores while we're BOTH over 800 each. Sagestream reported: Too many deliquent accounts, Number of inquires (with Ally being one) Limited credit history (we're in our mid to upper 60's), Number of accounts with delinquency, Inquiries adversely affect score. Other reports show NONE of these errors.
Ally refused to give us the loan at the agreed rate BUT offered the loan AT A HIGHER INTEREST RATE! The only reason we chose to finance the car was to maintain our credit rating. We OWN everything and OWE nothing. This dirty duo should be investigated and have a class action suit filed against them.
Rather than give Ally 1 cent, we're paying off the dealer in full like we should have done in the first place. Don't deal with ANYONE using Sagestream LLC.
I applied for a car loan at Ray Skillman Westside Imports Indpls, In. I recieved a letter from Ally Bank 12-26-2019 denying my request due to my credit score from MainStream LLC of 459! My credit score with Experian and Transunion are 653! I have never heard of this company and feel this is a bogus company!
I want this investigated and changed! I have worked extremely hard on my credit score and am proud of how it is rising! I applied at this Car Dealer because they advertise buy here pay here for people trying to build their credit! This company has made it impossible for me to have a vehicle unfairly!
How dare they say I'm rejected because the so called applicant "aka" me is deceased. I wish I could sue them, I had a credit score of around 700 and now it's in the 600's because they left a hard mark. How do they have a B rating on the better business bureau. I was only appling for a Hsn card...well this my last time applying for anything.
Transunion score 696. StageStream score 467. Ally Bank leveraged StageStream to cost me thousands extra on my recent auto loan. I called to request my credit report from StageStream and have not heard from them.
This company nearly ruined my chance of getting a car loan, and did ,in fact, cause the interest rate to be much higher than it should have been.
Also i recently purchased a house but kept my cell phone number .One of the reasons for my poor score was" distance between address and area code of phone" my area code never changed !! this is so wrong ! this company is helping companies make decisions on my life !!! this company needs to be investigated,shut down and the people in charge need to be arrested for fraud but because it's an llc nobody has to take responsibility!!!! this is a crime! this is why the american people are angry because we are personally investigated for not claiming a few dollars on our income while these companies are running our lives,. Shame on them!!
I have purchased a car this January 2019 through OFF LEASE ONLY inc. After reaching Transunion my score was 811 but as soon as they get the report from SageStream LLC my score was 654 and I was handling the transaction under the modified terms from the dealer.
I don’t know if the OFF LEASE ONLY company is related to this SageStream credit report in orther to get more money from a finance of the car but somethings is fishy.
II have an excellent credit score, over 800 from all three major reporting agencies. I arranged to finance part of an auto loan through Jim Falk Motors Chevrolet in Missouri since the truck was being purchased out of state. My intension is to pay it off once the title has cleared here in PA. They arranged a loan through Wells Fargo who rated my credit at 857 from Experian. I bought the truck, had it delivered, transferred the title and had it inspected, been driving it for over two weeks now.
Three weeks after receiving the loan from Wells Fargo and the truck from the dealer I receive a letter from Ally Bank that they declined my loan application stating the reason was because SageStream LLC reported my credit score at 579.
This shady internet bank and the shady “credit bureau” are apparently working hand in hand to try to ruin people’s credit rating so they can charge a higher interest rate.
The Consumer Financial Consumer Protection web site only lists three credit bureaus and SageStream LLC (formerly IDA) is not one of them. They want a lot of personal information to release their credit report that I am not willing to share with them, the government needs to investigate this scam and shut them down for good this time, don’t just let them change their name again.
As everyone else has stated, I applied for an auto loan. I was approved through Bank of America at a decent rate and my scores are low to mid 700s. A month later and I have received about 5 letters with the last being from Ally stating they could negotiate the loan terms for approval but not the original request. Experian has me at a 729 while this Sagestream has me at a 545. I will be looking to freeze them and file a complaint with the FTC.
So in the last two weeks out of the blue, comenty bank closes all my accounts with them. I call and ask why and they have no idea and nobody to talk to. When I got the letter stating they close my accounts it was based off of this score I’ve never heard of, sagestream. Just yesterday I got a letter from Ally Bank and they said they are resending my auto loan. Also based off of my sagestream score. Up until the last few days I have never heard of sagestream. My FICO and vantage scores are 250-300 points higher than my sagestream. There is no one to talk to nobody can field your concerns. This is just god awful!
Applied for a credit card with Overstock.com, they use Comenity Capital Bank, which uses Sagestream, LLC. Sagestream says I am deceased. I am very much alive, thank you very much. I have reported this on Yelp, and with the Consumer financial protection agencies.
Also, when you try to go to their website I couldn't get through.
SageStream, LLC. Reviews
I applied for a new truck. My credit score from the main 2 credit bureaus are 713 & 747. This out fit reported a 566 which is not true. Reported unpaid items, late bills. I have non of this, in fact my payment history is 100% paid on time. So I went on Line and checked them out they are doing this on a regular basis. I found the reason is the bank they deal with tell you with this credit score we have to charge you more interest, so it a scam to get more interest to spilit with someone. There are many complaints about them. I talked to one man who wrote them a letter, his score with the main 2 creddit bureaus was above 800. they reported it at 426. I will give these people Rip off.com to file a report. I also will file Federal Charges on them.This is a Federal crime.
Let me give you some advice
This is all a scam but this is not a federal crime. The entire system is a scam and its rigged. To solve the problem all you do is freeze the company now the lenders no longer have this power. Take it away from them. The main credit bureaus are buying up these companies one by one so they can control them. I have been watching this very closely these last few yrs. Experian and And Transunion are doing it together. Everything is a public record. Brace yourself unless you know how to play this game it's going to get worse. I have went from the 440s to 770s three times. One time I had a BK. I am still very young and I have had to learn how to play this game. These mistakes were tied to me not know how to separate myself from my business. It's great you have never had any issues. But with these companies it's all about money. Take this power away from these companies. Protecting your credit is just as big as preventing identity theft if not bigger. They only need to lend 20% of their money then they don't care about screwing everyone else over. Remember credit is a priviledge it's not a right. If your credit is really established right now getting money for a business you can get 400 to 1 Million all cash right now. If you know what to do that is.
Sincerely,
The Credit Magician
Class Action Lawsuit against SageStream LLC
SageStream LLC is a SCAM!
Based upon all of the reviews, it is easy to see that SageStream LLC and Ally Bank (perhaps other companies as well) are co-conspirators to get the auto loans changed so that they can make more money.
I am not sure if the auto agencies are a part of this scheme, but a good lawyer would sure be able to investigate, because the more companies involved in this conspirency, the more money they will make.
Sage stream is a fraud
I just contacted my bank which runs my three credit score through the major credit unions monthly. They sent me a report detailing my 3 scores and FICO.
I panicked when I received a letter through Ally bank that uses Sagesteeam. Now, it is a federal crime to alter or purposely report inaccurate credit scores.
I contacted my lawyer and filing charges on them. I applied for a auto loan and was turned down. I wasn't too disappointed because Ally Bank should not use this company with unlawful business practices.
I contacted Ally bank and filed a report. My score was 300 points lower than every credit union expect Sagesteeam .
I was easily approved through a other credit unions. However, I am seeking legal action against this company.
I purchased a vehicle approximately one month ago and just received a letter in the mail informing me I had been declined by another bank due to a credit rejection by SageStream. The reasons cited for the rejection were: too little history at this phone number (I'm not sure what a phone number has to do with anything; people can change them when they move, switch carriers, go through a bad breakup, get a new company provided business phone, but regardless of the reasons, it's moot as I've had this number for at least 15 years); too few active accounts (I have at least 7 lines of revolving credit with small balances on two that I pay off on a monthly basis) and length of residence too short (I've lived at this address for 15 years). Unlike others have reported, my credit score they assigned was not egregiously low (805, while my FICO is upwards of 840+), yet they still rejected me for completely nonsensical and false reasons.
I applied for new car financing and was turned down by a company I have previously paid off 2 cars and have a current loan with them. The letter listed that a credit report from trans union with a score of 700 was used and also a credit score from Sagestream LLC with a score of 452.
I have never heard of this company and I do not give them permission to access my credit information. The information is obviously incorrect because my scores from the three legitimate credit reporting agencies are all between 659 and 700.
I would like to know who they are, how they got my information and if it is even legal for them to have it. This is not public record so how do they have my information?
Anyone who has any insight is welcome to contact me.
m.kelley
I am in the same boat as you are. I don't know who they are but I have only began my research on them and everything is negative.
I was in Kroger and a lady asked if I wanted a Kroger card. She had a quota to make and I said yes. I have excellent credit and it is around 811 every month. I received a letter saying based on my credit, I couldn't receive a Kroger credit card. I called and only got a recording to leave a message. I see that I am not alone as I see many people that have been ripped off by this agency. You can't reach them. Sandra Keller, TX
We applied to AT&T for internet services. AT&T used Sage Stream to get a credit rating. Sage Stream gave us a credit score of 478. As a result, AT&T declined our application. Being concerned, we asked the 3 major credit rating companies for our credit history. We had a perfect credit history. We paid TransUnion for our credit score, which was 827. We feel that the low score from Sage Stream damaged our credit history. We plan on seeking legal action against Sage Stream for damaging our credit rating.
A few weeks after I had purchased my new Mercedes, I received a letter of credit denial from a lender stating that I was denied credit based on a "consumer file" over at sage stream llc. (never heard of this company before?) So like others here I was a little concerned and decided to call them and ask questions. After a VERY brief time on hold I was directed to a message that said "all operators were busy" and to call back later. The letter I received stated that my score with this company was 400??? The new Benz is in the garage because my loan was approved (at 3.9 percent) based on my 800+ credit score. I can only imagine that this company creates extraordinarily low score so that sub-par lenders can charge unknowing people sky high rates.
This company operates out of a P.O. Box and doesn’t answer the phone... SCAM SCAM SCAM
I received a denial letter for a car loan from Ally Bank stating the reason was because of a low score and too many delinquencies from Sage Stream LLC. I have been in full view of the other three main reporting agencies for years making sure that all my accounts reported correctly, and can say for sure that they all report no delinquincies. I have no derogatory marks either so getting this letter is very upsetting. Sage Stream is wanting me to mail personal documents to them in order to verify identity before they will grant access to their files. I will not ever mail such information to anyone that I do not know or trust, and these people will never be trusted with these fraudulent claims against me.
On July 31 2017 I attempted to purchase a new car . The company was attempting to finance me through ally but I was denied. I received a letter from Ally in the mail on August 19 2017 stating that i was denied because my credit was only 546 as stated on sage stream LLC. on every other credit report my score is well over 700.
Clearly an illegal scheme to inflate the interest rates financiers can charge.
With a nearly average REAL credit score, I cannot get a $500 prepaid credit card from a credit union when I have $1000 in their bank and my pension deposit going to their account. With $2000 down, I can get no better than a buy/here ripoff deal on a 90's era sedan from a car dealer, if that.
The first of these "supplemental" reporting agencies I dealt with was LexisNexis. They deleted my file rather than send me the report so I could correct the information. Hopefully, SageStream will be more forthcoming.
I highly recommend ANYONE with a choice avoid ANY business with the finance industry. Saving for years might just be easier than dealing with these shady characters, even with very good credit.
This company submitted erroneous credit information to a creditor I was working with to secure auto financing.
All 3 major credit agencies had correct credit history information and all 3 scores were above 800.
This company falsely reported my score as a 655 which had an adverse impact on the interest rate I was offered and derogatorily
portrayed me as someone without sufficient credit history to qualify for a loan. Ridiculous.
I am 63 years old and until this highly questionable agency surfaced, I have been able to walk into any bank or potential lender and secure their best
interest rate without question.
What's more infuriating was the reasons for the 655.
1. Not long enough at my residence??? (I bought my home in 2004; 14 years has been sufficient for everyone else).
2. My phone # is too far away from my mailing address?? Really? Does it sound like I live in a van down by the river? Did I mention I am 63, have owned
my home for 14 years, and have the same cell phone # since then?
I"ll stop here, it just gets worse. If you do an internet search on these people, there are pages and pages of similar complaints. It is amazing that they are
allowed to stay in business. Just keep changing your DBA so no one is the wiser. Despicable. If your financial dealings take you to the West Coast, beware!!
Applied for auto loan denied because sagestream said I have delinquent accounts and I don't. Limited history at this phone. What does that mean. What is proportion of satisfactory trades too low.
A Fraud Wanna Be reporting agency
Never heard of this company so decided to check - To get your report they require a bunch of unnecessary information
They also have on phone service to speak to alive agent - Boycott any bank using them as a credit reporting agency.
Smells like dead fish to me
Recenlty I purchased a auto from Texas Direct Auto out of Texas. I received a letter from Ally Bank stating that according to Sage Stream LLC (credit reporting company) I was turned down for a auto loan due to my credit score of 647.
Firstly, I have exceptional credit in the 800's!! Right above where Ally mentions SageStream LLC, Equifax gave me a score of 843!
It appears that in order for them to collect more money from you, they use SageStream LLC to drop your score so they can charge you more interest on your purchase price..
This smells so wrong. I did get approved by Capital One bank.. hmmmm..?
Anyone else have a bad feeling??
Gave me a credit score 265 points below any of the three major agency's when I went for car loan. Ally Bank then siad they would give me the loan at different(higher) financial terms. It seems as though the two companies are working together to gouge people with higher rates.
One negative item in report was 'too few backcard accounts'. I have six accounts. How many bankcard accounts am I supposed to have to get a good report????
SageStream LLC, and Ally Bank are co-conspirators to defraud the public
SageStream LLC, (P.O. Box 503793, San Diego, CA., 92150-3793) and Ally Bank (P.O. Box 1048, Hartford CT., 06143) are co-conspirators to defraud the public by providing wrong and or misleading information, so that Ally Bank can change the terms of the submitted auto loans so that Ally Bank can make more money.
I am not sure if AutoNation Chrysler Dodge Jeep Ram in Houston, TX. is also involved in this conspiracy or not, but if you look up all the complaints filed against SageStream LLC, it sure looks like their might be a lot of auto dealers also involved as well as Ally Bank, for sure.
Put this FRAUD Company out of business. Look at all the complaints filed against SageStream LLC.
File a class action Law Suit against SageStream LLC and Ally Bank for unfair and unlawful business practices.
I filed a complaint with the CFPB is an independent federal agency built to protect consumers. They write and enforce rules that keep banks and other financial companies operating fairly. They also educate and empower consumers, if you have a question call them at (855) 411-2372
I have filed a complaint against SAGESTREAM LLC and ALLY BANK, see below.
ID FOR COMPLAINT SENT TO SAGESTREAM LLC.
180512-3138721
ID FOR COMPLAINT SENT TO ALLY BANK
180512-3138783
I've never heard of SageStream, LLC in my life. They have to be scam artists because they gave me an extremely low score and I don't know where or how they were given my info for a credit check. The number listed only gives you the run around. Clearly a scam and I'm not sure what to do next?
Despite credit scores in the 800's (yes, you read that right!) with the "big three" credit reporting agencies, I was denied a line of credit based on a report from SageStream. In order for me to obtain a copy of my report with them and determine just why, exactly, I was denied credit, they indicate I must snail mail the following to them:
First, Middle & Last Names
Current Address
Phone Number
Social Security Number
Date of Birth
Copy of Driver's License or Passport
Copy of recent Bank Statement or Utility Bill
Voided Personal Check
Due to my information being included with the most recent Equifax security breach, I have everything locked down and I'm not about to jeopardize myself for this idiot company by sending this information through the USPS mail and taking a risk that it is misdelivered and I become a victim of identity theft.
These people need to be stopped. Class action, anyone?
Investigation
I too had inaccurate credit scores from this company. I hired a lawyer yesterday to investigate this fraudulent company. sagestrean has committed a federal crime.
This company gave me a credit score 300 points less from my bank, which utilizes the three major credit unions. My bank sends an updated credit scores every month (all three) plus FICO.
They will have to reveal their tactics to the courts.
I just bought a car and thought everything was fine. I received a letter in the mail from Ally bank stating that they turned me down for a loan because of my credit score. They had 2 reporting agencies in the letter. Equifax and this other company, Sagestream, which I've never heard of. Equifax gave my credit score in the 800's. Sagestream reported it in the 600's. I went on line to get reports from Equifax and Transunion. They both have my score in the 800's.
I also can't believe the "reasons" they gave for the low score. First: Total account balances. I have some debt but very little. My cards are used but I am in no way in heavy debt. Second: Limited history at this Phone??? Seriously, the phone. So why don't Equifax and Transunion have trouble finding me. Bet they didn't try using my phone (which by the way, I've had that number for years). Third: Time since most recent revolving account established. guess the line of credit at the bank doesn't count, it's current and I use it over and over. Credit cards are used monthly to pay bills but no, I haven't opened a new one in a while. What exactly are the looking for?? Fourth: Too few active accounts. Funny, Equifax found 8 accounts plus the line of credit and some old loans that were now paid off. Transunion found 9 accounts, plus the line of credit and some older loans. Both stated all accounts were in good standing.
How can they get away with this when it affects my credit and my life? I will be calling Ally bank and asking for a report on this. These people need put out of business for this shoddy work, if it is shoddy. I believe they may be doing it on purpose. Hopefully this will help someone else because when I checked on line, there appear to be a lot of people having the same problem with this company. Many were also connected to Ally bank. Good to know. Will make sure I never deal with them.
I received a denial letter from ALLY Bank denying a loan for an auto. They used a company SageStream, LLC which my score was 528. That is so incorrect.
I went to local chevy dealership to purchase a car. They sent finance inquiry to 3 financial institutions one of which was Ally Bank in Hartford, CT. I obtained my loan from GM Fina cial. Prior to this purchase it had been 4 yrs since I had paid off my old car, so first loan needed since then. My credit scores between the 3 majors ran from 650-700. The letter I received for denial states no credit score available with Equifax, yet talking to equifax they have my score currently at 658 ( though since this i have reviewed their report and proven multiple pd off, lien releases, and inaccuracies if which they have removed 4 of the 6 negative reports and still wirking on the remival if the other two. The second reprting agency was SageStream who reported my score at 427. I tried to go on line to get report so I could challenge. They wanted copies of drivers licence, social security card, passport and or birth certificate to prove who I was. Hell no I didn't give out my info. Call in I got message machine with same instructions. They stated denial based on inquiries adversely affected the score. Limited history at this address and phone. We've lived here 4 years, my phone number I've had for 15+ yrs. Not enough bank card debt experience, I have had no need to get a card other than my debit card from my bank.and not enough debt experience... I am 56 yrs old, seriously, I have pd all my debts and usually have done it early. They also say that scores range from 1 to 999, seriously different than established agencies.
Information about my credit score. I recieved a letter today in the mail explaining that my credit score that they Ally Capital obtained from SageStream, LLC states that my credit score is 581 and I was denied financing. Transunion states that my credit score is 717, Equifax is 723 and Experian is 710. Who are these people to have my information and report such a low score? I though that the only three (3) credit breaus that they use were transUnion, Equifax and Experian. These people should be reported as being Rip-Offs and taken down as a reliable source for credit reporting.
SageStream, LLC, Consumer Office
P. O. Box 503793
San Diego, CA 92150(888) 395-0277
https://www.sagestreamllc.com/
Stumpy
To me this is a scam
I have the same problem with this company and there low credit it score My Ally account rates me me at 702 but yet they are now using this company and they have me at 428. I would like to see this company investigated and a list of banks published that are using this SageStream,LLC.
They fraudulently listed my credit score with an extremely low number! My actual scores are in the upper 600 range and they reported my score as a 405! I was denied credit and plan to report them to the BBB and file a class action suit.
After reading some reviews, it occurred to me that the same was being done to me. I had checked my credit score a week ago and it was 620.. So due to their report I was refused a loan for a used car that my kids and I needed badly
This company is a rip off credit agency giving low balling scores to bring down scores and force regular bank to deny decent credit and only allow high interest bank to take the applications.
This company is forcing credit scores to drop because of their bogus reports. Credit score went from 690 down to 618, because SageStream gave a credit score of 478.
If 3 major credit reporting agency all say score is 690 and this one comes along and give a score of 200 lower, HOW?
I went to a auto dealership to purchase a car and my credit was ran 4 times I got the car cause my credit was a 714 on all the letters that I received however Ally bank denied my credit with a sage stream score of 448 Why, who are these people and why are they lying about credit. I did not authorized for them to have access to my info and they stated on there website that you can block their reports by sending them a letter and 2 forms of your Id. I dont trust this johnny come lately company nor do I want them to have any of my personal info. I hope that some lawyer take this case I would like to sue them and put them out of business
SageStream
I also tried to get a credit card for a store and my info was sent to sagestream, they gave me a 316 score when my credit score is in the 600's
I called them and had to leave my name and phone number for someone to call me back, well they called back the next day and told me that is Not a credit score that is a credit offer score and that they don't have access to the FICO scores. I don't want this company to have access to my info either so what can we do? I don't want to give them all my info again to do this. I really hope someone puts them out of business, I reported them to BBB so waiting to see what happens there, don't know what else to do.
This company is getting paid by banks to report fake scores. They are being used by lenders so that lenders can charge higher interest rates. Beware. They are violating the Fair Credit Reporting Act and the Government needs to shut them down. People are being turned down for credit when they don't even use the the FICO system scoring.
I was applying for a loan to get a car through some car dealers. They got a credit score from these people and it was 360. My credit score from experian and Transunion are way above this score. From what I read they are lowering peoples scores so the banks are charging more interest rates on loans. This is a fraudulant credit score and this company needs to be investigated. I do believe the banks are paying them money to do this so they can charge people outrageous interest rates.
This previously unknown credit reporting agency drastically lowers my credit score by Fico from 685 to 411 based on their undisclosed criteria. Then are unavailable by phone for complaints or requests for a full written disclosure of their criteria and the informational data used for their evaluation.
I have an excellent credit score from all three major reporting agencies and was financed for an auto loan by wells fargo at 4%
A week later i recieve a letter from ally capital saying the reason they declined me was because they gave me a credit score of 537. What??? So many people complaining about being shamed by this terrible and damaging co.
I have an excellent credit score from all three major reporting agencies and was financed for an auto loan by wells fargo at 4%
A week later i recieve a letter from ally capital saying the reason they declined me was because they gave me a credit score of 537. What??? So many people complaining about being shamed by this terrible and damaging co.
This company needs to be investigated !
Like all the other complainers, i have excellent credit. I traded in my 2014 completely paid for for a 2013 dodge durango., so i didn't have a large amout to finace. I got it financed from Wells Fargo at 4%. A week later i recieve a letter from Ally Capital saying they regret they had to turn down my request and that SageStream llc. Had given me a credit score at 537. Who are these people and why are their credit scored so drastically different than the other major reporting agencies? ? I work very hard to keep my excellent credit and I'm furious, as are all the other people who have excellent credit and are being shammed by these peole.
Sagestream LLC provided Sprint erroneous credit reporting information including an incorrect credit score that impacted my financial agreement with them. This agency does not provide electronic access to the information contained in their report. When comparing the information and reasons affecting my credit contained in their report it differed significantly from other major credit reporting agencies. Requesting a copy of my report was challenging and calls placed to the business were not returned even after repeated attempts. There is something wrong with how this company operates and they should be removed from providing this service.
Addresses: 1105 N Market St Wilmington, DE 19801 15253 Avenue of Science San Diego, CA 92128 60 E Rio Salado Pkwy Tempe, AZ 85281
This company has twice reported fraudulent information about me to ALLY BANK regarding a car loan. My credit score is extremely high and this awful company lied about me and gave me a credit score of 498 in 2022.
Not only did they give me a low credit score but they also said my phone number changed too much. My address and phone number had a limited history and that is an outright LIE! I have had the same cell phone number since 2013, I've lived at the same house since 2013, used the house phone for my contact since 2013 as well, with the exception of a few months that I had an apt but was actually living at this address because I moved right back into the same house I left to take care of my mother because she ended up having a stroke shortly after I moved out.
These people running this company should not only be ashamed of themselves but they should be denied the right to give credit reports to creditors and destroying peoples lives with their lying reports that deny them what they need like a car.
Thank goodness for real credit reporting agencies that report your true credit to those who need it. This company receives (zero) stars from me. I won't even click that and rate them even a one.
Set stream LLC reported my credit score at 5 15 dated February 17th 2021 I was denied credit from allied bank for a card that I need it because I have no car my credit score with transunion was 776 and it is higher with some of the other credit reporting agencies until I applied for a car loan.
I spent years after my husband died fixing my credit only to find out there's a new credit reporting agency that is fraudulently reporting or credit as a risk compared to the credit that we have built up.
I had just paid a loan off for $20,000 and else my credit was good and I only owe 500 on a purchase that is on interest-free and have no other debts.
I would like to join in with others and through this company.
after spending many years after my husband died and paying his medical bills and fixing my credit now these people are trying to destroy my credit and I can't get a car.
If anybody knows had a start a lawsuit against them reach out to me.
and be warned that I like credit doesn't use your credit score that you worked on fixing they use these people.
they list me as deceased
my credit score in well over 800. I was denied credit at an auto repair shop... which evidently uses thus outfit. Getting in touch with them is seeming difficult.
Recently I purchased 2019 GMC Sierra unlimited while in dire need of a vehicle after an accident where my Nissan was totaled by the insurance company. The Insurance company would only reimburse me 3,000 for the purchase of another truck, well we all know what a huge loss I took on that.
I live in a rural area and alone, needed a truck as I am a contractor. I had just survived through a 5-year repayment plan on a chapter 13 October 1 2019 last payment of 1250.00 per month.
I needed financing so Kunes Country Super Store started submitting my application for approval, many of the financing companies use credit bureau that is not updated info? In this case, Ally Capital used SageStreamllc.com I had never heard of them?
How can Transunion have almost a 700 score yet Sagestream has a 498 score. Why do consumer have to make a part-time career of constantly taking time fixing incorrect information and building stress and anxiety over false information from these credit bureaus? Not to mention ruining someone's reputation, humiliating them.
Humans are going through hardship due to our economy, certainly is not that we are not the government robots, working to stay afloat!
I'm including Ally Bank in this complaint because I feel they're working together to charge higher interest rates.
Sagestream gave both my wife and me low 600 credit scores while we're BOTH over 800 each. Sagestream reported: Too many deliquent accounts, Number of inquires (with Ally being one) Limited credit history (we're in our mid to upper 60's), Number of accounts with delinquency, Inquiries adversely affect score. Other reports show NONE of these errors.
Ally refused to give us the loan at the agreed rate BUT offered the loan AT A HIGHER INTEREST RATE! The only reason we chose to finance the car was to maintain our credit rating. We OWN everything and OWE nothing. This dirty duo should be investigated and have a class action suit filed against them.
Rather than give Ally 1 cent, we're paying off the dealer in full like we should have done in the first place. Don't deal with ANYONE using Sagestream LLC.
I applied for a car loan at Ray Skillman Westside Imports Indpls, In. I recieved a letter from Ally Bank 12-26-2019 denying my request due to my credit score from MainStream LLC of 459! My credit score with Experian and Transunion are 653! I have never heard of this company and feel this is a bogus company!
I want this investigated and changed! I have worked extremely hard on my credit score and am proud of how it is rising! I applied at this Car Dealer because they advertise buy here pay here for people trying to build their credit! This company has made it impossible for me to have a vehicle unfairly!
Sincerely, Roberta Henley
Scummy Scummy Scummy
How dare they say I'm rejected because the so called applicant "aka" me is deceased. I wish I could sue them, I had a credit score of around 700 and now it's in the 600's because they left a hard mark. How do they have a B rating on the better business bureau. I was only appling for a Hsn card...well this my last time applying for anything.
Transunion score 696. StageStream score 467. Ally Bank leveraged StageStream to cost me thousands extra on my recent auto loan. I called to request my credit report from StageStream and have not heard from them.
Denied credit through Ally Bank because of Sagestream, LLC.
Reason given:
Limited history for consumer at this phone - yes I now exclusively use my cell
Too few active accounts - Yes I paid everything off
Too few installment accounts - Oh I don't have debt up to my eyeballs
Proportion of satisfactory trades too low - what does that even mean?
What a poor company and Ally Bank can't be much better if they are using them.
This company nearly ruined my chance of getting a car loan, and did ,in fact, cause the interest rate to be much higher than it should have been.
Also i recently purchased a house but kept my cell phone number .One of the reasons for my poor score was" distance between address and area code of phone" my area code never changed !! this is so wrong ! this company is helping companies make decisions on my life !!! this company needs to be investigated,shut down and the people in charge need to be arrested for fraud but because it's an llc nobody has to take responsibility!!!! this is a crime! this is why the american people are angry because we are personally investigated for not claiming a few dollars on our income while these companies are running our lives,. Shame on them!!
I have purchased a car this January 2019 through OFF LEASE ONLY inc. After reaching Transunion my score was 811 but as soon as they get the report from SageStream LLC my score was 654 and I was handling the transaction under the modified terms from the dealer.
I don’t know if the OFF LEASE ONLY company is related to this SageStream credit report in orther to get more money from a finance of the car but somethings is fishy.
I applied for a wayfair credit card, i got a letter in the mail from comenity bank saying that sagestream, llc says i am deceased, i'm alive
Beware of Ally Bank and SageStream LLC
II have an excellent credit score, over 800 from all three major reporting agencies. I arranged to finance part of an auto loan through Jim Falk Motors Chevrolet in Missouri since the truck was being purchased out of state. My intension is to pay it off once the title has cleared here in PA. They arranged a loan through Wells Fargo who rated my credit at 857 from Experian. I bought the truck, had it delivered, transferred the title and had it inspected, been driving it for over two weeks now.
Three weeks after receiving the loan from Wells Fargo and the truck from the dealer I receive a letter from Ally Bank that they declined my loan application stating the reason was because SageStream LLC reported my credit score at 579.
This shady internet bank and the shady “credit bureau” are apparently working hand in hand to try to ruin people’s credit rating so they can charge a higher interest rate.
The Consumer Financial Consumer Protection web site only lists three credit bureaus and SageStream LLC (formerly IDA) is not one of them. They want a lot of personal information to release their credit report that I am not willing to share with them, the government needs to investigate this scam and shut them down for good this time, don’t just let them change their name again.
Shady business
As everyone else has stated, I applied for an auto loan. I was approved through Bank of America at a decent rate and my scores are low to mid 700s. A month later and I have received about 5 letters with the last being from Ally stating they could negotiate the loan terms for approval but not the original request. Experian has me at a 729 while this Sagestream has me at a 545. I will be looking to freeze them and file a complaint with the FTC.
Scammy
So in the last two weeks out of the blue, comenty bank closes all my accounts with them. I call and ask why and they have no idea and nobody to talk to. When I got the letter stating they close my accounts it was based off of this score I’ve never heard of, sagestream. Just yesterday I got a letter from Ally Bank and they said they are resending my auto loan. Also based off of my sagestream score. Up until the last few days I have never heard of sagestream. My FICO and vantage scores are 250-300 points higher than my sagestream. There is no one to talk to nobody can field your concerns. This is just god awful!
Applied for a credit card with Overstock.com, they use Comenity Capital Bank, which uses Sagestream, LLC. Sagestream says I am deceased. I am very much alive, thank you very much. I have reported this on Yelp, and with the Consumer financial protection agencies.
Also, when you try to go to their website I couldn't get through.
Sloppy work, terrible fact checking, poor oversight policies, lousy quality control.
yelp them, google review them whatever but they are scam artists as evidenced by all the complaints. And, they don't have a telephone number to call!