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Tag Archives: Prestige Financial Solutions

CRL Comes Out With Debt Settlement Warning. Is it Fair?

Big Scam Dog

The Center for Responsible Lending just released a paper on debt settlement. Take a look at the information they published and add your comment below if you think their research is on the mark or way off base. It appears CRL relied upon data published by the American Fair Credit Council in making their determinations on effectiveness. CRL even thanks ... Read More »

Prestige Financial Solutions Can No Longer Service Clients. Terminates Agreements.

crime scene

A tipster (send in your tips here) just sent in the following email alleged to have been sent out by Preferred Financial Services that are impacting affiliates that sold debt relief services for them. From: Amy Thompson Sent: Monday, January 28, 2013 Subject: Dear Affiliates, There has been concern about recent fee split changes to commissions. This move was made ... Read More »

Prestige Financial Solutions and Amy Thompson Sued by Colorado Attorney General

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In what may simply be an ironic twist, Eric Thompson of Orion Processing from Westminster, Colorado was just countersued by the Colorado Attorney General on the same day Amy Thompson of Westminster based Prestige Financial Solutions was sued by the Colorado Attorney General. If they are related, it’s a bad day in the Thompson house. Both Orion Processing and Prestige ... Read More »

AFCC -35, TASC – 41. Lost in Translation? Bermuda Triangle of Debt?

A reader sent in an interesting question. They wanted to know why if TASC (The Association of Settlement Companies) changed their name to AFCC (American Fair Credit Council) then why did TASC report having 41 members and AFCC only reports 35. – Source Good question. What’s interesting about the AFCC membership list is that it is broken into accredited members ... Read More »

Is Prestige Financial Solutions Legitimate Or Do I Need to Worry? – Charlotte

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“Dear Steve, I enrolled in the “Settle As You Go” program with Prestige Financial Group. They have withdrawn 3 months worth of the proposed amount. They told me that with the $ amount of debt I had it would take about 18 monthes. The collections calls have been one or two since I got into the program which is kind ... Read More »

Prestige Financial Solutions Declares the Debt Settlement Industry is Dead

An interesting press release out today from Prestige Financial Solutions declares the debt settlement industry to be dead. Prestige Financial Solutions is a debt settlement company. – Source Get Out of Debt Guy – Twitter, G+, Facebook The Press Release The Debt Settlement Industry Is Dead! TASC (The Association of Settlement Companies) has seen over a 60% reduction in its ... Read More »

The Elusive USOBA Membership List Made Public

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Below you will find a document that was given to me by a USOBA member with a soul. They sent it to me at [email protected] I’ve actually had this for some time and I was giving the United States Organization of Bankruptcy Alternatives (USOBA) multiple chances to release to me a current membership list. After repeated requests, they simply ignored ... Read More »

Prestige Financial Solutions – Scam, Complaint, Review, or Praise?

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Please share your experience with this debt relief company and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this debt relief company. Here are some potential questions you might ... Read More »

What Do You Think About Credit Answers and Prestige Financial Solutions? – Jim

“Dear Steve, I have about $60,000 of credit card debt and have contacted Credit Answers and Prestige about their work out programs. i have also contacted and communicated with Money Management International. As you know the former negotiate with the creditors, and claim to work out a program where i would pay off somewhere between 25% and 50% of the ... Read More »

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