Paramount Acceptance Informative - Read This!
UTAH -- Read full article, explains the inner workings of how this all works. You are not the brightest light bulb. I have many different kinds of legal cases come to my desk everyday and every here and then I get one concerning Paramount Acceptance. I have done some digging, as I do not handle these types of cases, and have been given copies of contracts (which I found that the gym writes up not Paramount Acceptance). The following is the correct information on these matters. For updating information such as billing, address, and phone numbers it is the customer's explicit responsibility to update their information and not the job of Paramount Acceptance to babysit each member making sure they are paying the bills that THEY signed up for. On the subject of auto-renewal of the contract, there is a space for a signature that is required for this before signing the bottom, so those who say they are not notified are mistaken as it is right in front of them as they are signing what they don't read.
As far as fees go it is simple, missed payments = fees, and it is your fault for missing a payment, again this company is not here to babysit you. For canceling anytime, there is no such thing with these types of contracts, don't listen to the gym representative who signs you up, they just want their commission, so read the contract thoroughly. If you want an attorney that is great because then they can look over your contract and explain how wrong you are and what a contract means in the legal system. If you would like to contact the B. B.B. (Better Business Bureau) please do so as Paramount Acceptance has a B+ rating and after your report Paramount your complaint willed be followed by a response explaining how Paramount is within the law on all they do.
Nothing shady about any of this, it is all in the contract and it would be completely irresponsible not to read it through. You may argue all you like but if you refuse to abide by the contract the account won't stop at Paramount, it will go to a separate collections agency that doesn't just use the phone to contact you, and eventually it will go to an Attorney and one day you will be at your house, work, or even out shopping and be served a subpoena containing court date. Also it will be sent to the Credit Bureau and they may not even need to notify you of this. Further refusal to pay can result in garnishing of wages and tax returns or a court ordered penalty.
It may not happen quickly but a year or two down the line when it happens after you thought it was over and forgotten it will cause more trouble than if you had just paid in the first place. The legal system may take years but it is effective and never misses a note (or you). Good examples of those having no clue whatsoever are below and have left comments to this entry.
Thanks for reading
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