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Debt Relief Industry

Debt Settlement Company, Debt Negotiations Associates, Credit Repair Company, and Attorney to Settle FTC Charges

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A promoter of credit repair and debt relief services has agreed to settle Federal Trade Commission charges that he deceived consumers into paying thousands of dollars based on false promises that he could help solve their credit and debt problems with debt settlement and credit repair services. According to the FTC, the promoter falsely told consumers he could improve their ... Read More »

Freedom Debt Relief Bragging About Being in Forbes. Not So Fast Fellas. Back the Bus Up.

I am constantly accused of targeting this company or that company but in truth I’m so busy writing about the next thing to cross in front of me I don’t have time to have anyone on the radar. I say that because I find myself writing something that involves a company I’ve written about before, Freedom Debt Relief, a debt ... Read More »

Rules for Debt Settlement Companies Would Help Protect Consumers

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An editorial out of Michigan does a good job of summing up the grassroots feelings of educated consumer activists regarding needed debt settlement regulations. Here is the editorial: Pay off your debts for just pennies on the dollar! One phone call can save you from years of financial misery! Sales pitches like these might sound like they’re coming from a ... Read More »

Relief LLC Review

Address: 375 N. Stephanie St. Suite 1411 Henderson, NV 89014 – Source Website: Reliefllc.com Domain registered on February 25, 2009. Believed to be owned by Jason Long at [email protected] Description: Payday loan relief company. Management Jason Long – VP of Business Relations – Source James Skylar Company was registered in Nevada on March 16, 2009. – Source Contacts Toll-Free Phone/Fax: ... Read More »

Couple Posed as Bogus Debt Settlement Company to Steal Money

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Authorities say a Texas couple has been charged with wire fraud for swindling $13,000 from a north Mississippi couple while purporting to work as a debt settlement company. Mississippi Attorney General Jim Hood said 50-year-old John Clune and 44-year-old Monica Clune are from Farmer’s Branch, Texas. Both were charged Thursday on five counts. Hood said Friday in a news release ... Read More »

Ripoff Report: Vortex Debt Group, The Achievable, Allegro Law, Americorp

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I first went to this company, The Achievable, for help with credit card debt. I had, emphasis on the HAD, great credit but I had racked up some debt and wanted to get out of it with lower interest rates. I called an ad that I had heard on the radio and got a really nice guy named Brian. He ... Read More »

I Was Scammed by Express Debt Settlement Holdings, Coastal Credit Solutions, Simon and Bocksch, and Noteworld. – Kevin

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“Dear Steve, My wife signed me up for Express Debt Settlement Holdings Inc without my signature or knowledge in Sept.. By the time I found out it was past the 30 days to cancel. I started expressing concerns to the number she had for the person who claimed to be in charge of our account but he was just a ... Read More »

Lawyer Tumbles Down a Rat Hole After He Stole $1.5 Million From Hess Kennedy Receivership

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I’ve written a lot about the Hess Kennedy debt settlement scam and I even interviewed Daniel Stemer who is mentioned in this article but this recent piece by John Pacenti gives of the latest of the curse that is Hess Kennedy. Even former Hess Kennedy sales referral agents, The Credit Exchange may be on the ropes now as well. Anyway, ... Read More »

Debtmerica & Debtmerica Relief Review

This review is the result for several requests I’ve received about this company. Address: Debtmerica, LLC 3100 S. Harbor Blvd., Suite 250 Santa Ana, CA 92704 Also know as Debtmerica Relief. Website: DebtMerica.com Domain was registered April 28, 2006 and is owned by Debtmerica LLC. Good. Description: Debt settlement company. Management Jesse E. Torres, IV Jesse E. Torres – Managing ... Read More »

Is The Credit Exchange a Scam on the Ropes?

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Certainly an interesting comment from a concerned employee at The Credit Exchange about recent activity there. I work for this company but not in the sales part. Movemynetworth was promised to be a huge sucess by its owners and all it did was get us more trouble it seems. After reading this I can now see why. My friends in ... Read More »

Debt Settlement Company Does Apparently Nothing After Taking Mom’s Money And Leaves Her Getting Sued

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This story is out of New Jersey and a great big thank you to Karin Price Mueller at the New Jersey The Star-ledger for reporting it. Here are some excerpts from the full story you can read here. Nearly $60,000 in debt and 12 delinquent credit cards later, Bozza decided to get help. In July 2008, she found Texas-based American ... Read More »

Debt Harmony Review

Debt Harmony - Freedom Business Group BBB Rating

This review is the result of a question I received asking me about this company. Address: Freedom Business Group, LLC 3370 Capital Circle NE Tallahassee, FL 32308 Website: DebtHarmony.com The domain name was originally registered on April 11, 2007. Description: Debt settlement company. Management James K Steinmetz Jacqueline N Steinmetz Contacts Krista Setinmetz – [email protected] Kyle Steinmetz – [email protected] Phone ... Read More »

SwiftRock Financial Services and Clear Your Debt Slammed in Texas Article

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Out of Austin, Texas today comes the following warning to consumers. Two Austin debt-settlement firms have been sued by the Illinois attorney general, which alleges that they use deceptive marketing practices, charge excessive fees and do little to help consumers get out of their financial trouble. The Better Business Bureau of Central Texas has given Clear Your Debt and SwiftRock ... Read More »

What Do You Think About the MLM Product Move My Net Worth Offered by The Credit Exchange? – Paul

The Credit Exchange MoveMyNetWorth.com Demo

“Dear Steve, The Credit Exchange Corp is now selling a Multi Level Marketing product to clients and their employees. See www.movemynetworth.com. Would love your input on this product that is being sold along side of a DMP. $150 start up cost, $150 distributor fee, $50 a month locked in for 4 years to be a member!!! WAY too much money ... Read More »

Impact Debt Relief Review

This review is the result of an inquiry from a reader about this company. Address: 2820 Camino Del Rio South, Suite 214 San Diego, CA 92108 Website: ImpactDebtRelief.com. Domain was registered on June 6, 2009 and ownership is hidden. Description: Debt relief company. Management There is no registered company in California under the name Impact Debt Relief. Using their address ... Read More »

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