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Tag Archives: Web Credit Advisors

CRL Says TASC and USOBA Harm Ordinary Families at the Hands of Debt Settlement Companies

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Here is another letter sent to the FTC in support of banning advance fees for debt settlement programs. It is notable for it’s strong statements and its well documented footnotes. Get Out of Debt Guy – Twitter, G+, Facebook Comments of Michael Calhoun, President, of the Center for Responsible Lending to the Federal Trade Commission Notice of Proposed Rule-Making: Telemarketing ... Read More »

Why Running to the Attorney Model for Debt Settlement Seems Like a Bad Thing to Do for the Attorney

Debt settlement companies right now are “running” to find lawyers to front their operations or to be the service providers of debt settlement services because the debt settlement industry feels attorneys are going to be exempt from the new consumer protection law. Let’s see specifically what the Debt Settlement Consumer Protection Act says about this. (B) EXCEPTION.—The term ‘debt settlement ... Read More »

Web Credit Advisors 100% Not Happy with GAO Debt Settlement Report

The folks over at Web Credit Advisors were not very happy with the revelations in the Government Accounting Office undercover investigation into the debt settlement industry in which they were named. The Senate hearings on debt settlement presented audio that implicated Web Credit Advisors, a member agency of the United States Organization of Bankruptcy Alternatives (USOBA). Here is the transcript ... Read More »

Transcript of Undercover Calls to Debt Settlement Companies by Government Investigators

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Here is a copy of the undercover calls government investigators made in their examination of fraudulent and deceptive practices by debt settlement companies. Get Out of Debt Guy – Twitter, G+, Facebook TRANSCRIPT OF UNDERCOVER GAO CALLS TO DEBT SETTLEMENT COMPANIES Telling consumers to stop paying their creditors. (Industry trade groups say their members do not do this.): Clip 1: ... Read More »

Web Credit Advisors – 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 »

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