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Tag Archives: Debt Mediation Initiative

American Debt Mediators Scares Woman

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“Dear Steve, She has been scammed, and it is affecting her health. I sometimes wish I hadn’t said anything to her. Please advise me how to help her. I have worked in small claims court and have a feel for the process. But I told her this was a scam and now she is scared to death. I need to ... Read More »

American Debt Mediators Debt Relief Offer, Reviewed

ADM

A reader sent in a copy of a mailer they got from American Debt Mediators. They said ADM is allegedly charging the first three months in fees. If true it looks like American Debt Mediators is using an attempted catalog by mail loophole to avoid the Telemarketing Sales Rules. The letter appears to be an offer for debt settlement services ... Read More »

Morgan Drexen Running TV Commercial for Debt Settlement Clients. Says It Is Exempt from FTC Rules.

So what is the truth about Mogan Drexen? On one hand they claim, as was stated in the recent West Virginia Attorney General suit about them to “merely provide paralegal services to lawyers engaged in debt settlement activities on behalf of clients.” Even their own website says: Morgan Drexen provides integrated legal software and paralegal services to attorneys across America. ... Read More »

How Reputable is DMI of Plano, TX? – Teresa

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“Dear Damon, I have a lot of credit card debt and I am getting overwhelmed over it I am confused as to what debt settlememt company I can trust How reputable is DMI of Plano TX Teresa” Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, ... Read More »

Credit Answers Loopholing TSR With the Catalog Approach?

Credit Answers Approach

Recently I published a couple of articles on the Debt Mediation Initiative approach used by Credit Answers. See this article, and this one. What I had neglected to publish previously was something a great tipster (send in your tips here) had sent in showing how Credit Answers was continuing to collect monthly fees for services from month one after the ... Read More »

Credit Answers Hides Behind DMI Mailer to Consumers

DMI-Front

Thanks to a great tipster (send in your tips here) I received a mailer that was sent to consumers. The envelope looks official and comes from: DMI 6200 Tennyson Parkway Suite 200 Plano, TX 75024 The letter inside is the first mention of Credit Answers in the small print on the bottom. It is also the first place we learn ... Read More »