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Home > Tag Archives: American Financial Solutions

Tag Archives: American Financial Solutions

Wow. HomeStreet Bank and American Financial Solutions Don’t Seem to Understand Debt Settlement, At All

A reader brought my attention to a press release sent out by HomeStree Bank in Hawaii and the nonprofit credit counseling group American Financial Solutions. One thing is clear after I read the release is either those two companies don’t understand how debt settlement works at all or the person that wrote the press release is not all that informed. ... Read More »

Credit Counseling Agencies Challenge FTC to Take Agressive Action Against Debt Settlement Companies for Violating Telemarketing Sales Rules

The following letter was sent to the Federal Trade Commission: Get Out of Debt Guy – Twitter, G+, Facebook December 13, 2010 Federal Trade Commission Office of the Secretary Room H-135 (Annex T) 600 Pennsylvania Ave, NW Washington, DC 20580 Re: Debt Settlement Company Evasion of Amendments to TSR Dear Commissioners, We are writing to speak out against the deceptive ... Read More »

Credit Counseling Groups in the Crosshairs With Pay For Performance History

This comes straight from a tipster (send in your tips here) who directed me to the site of Cotchett, Pitre & McCarthy. I reached out to CPM for additional information but as of the time of publication I had not heard back. Cotchett, Pitre & McCarthy is continuing its investigation into fraudulent “debt counseling” and debt collections in the subprime ... Read More »

I Think I Was Booted from American Financial Solutions But Can’t Figure Out Why. – Renee

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“Dear Steve, I recently joined a DMP program through American Financial Solutions (myfinancialgoals.org) and after two days I received a letter from them stating that the agency is being cancelled due to the following reason: Credit Info Change. I really don’t understand what this means. It also stated that each creditor has their own policy on how they will proceed ... Read More »

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