Question:
Dear Steve,
I have a lot of unsecured debt, 100% utilization, and high debt to income ratio, thats it. So I cant get a debt consolidation loan but I can get a credit card restructure through Finance Solutions.
Do you have any info on this company and the basic effects a restructure will have on me.
Adam
Answer:
Dear Adam,
I don’t think I’ve ever heard of Finance Solutions before.
To help people checkout a company they may use I’ve prepared these free guides.
- The Ultimate Consumer Guide to Checking Out a Debt Relief Company Before You Sign On the Line
- How to Check Out a Business or Company to Avoid Getting Scammed or Ripped Off
If FinanceSolutions.org is the site you are talking about it looks like they are calling their approach credit card modification but it’s just a standard debt settlement solution.
Before you can decide what solution is right for you you should understand what your options are. One way to do that is to look at my Get Out of Debt calculator.
I did have one observation, it appears that the BBB says Daniel Blumkin is the president of the company and their address is 132 E 43rd St # 237, New York, NY. – Source
Finance Solutions describes themselves by saying, “Finance Solutions is a leading financial services company…” So why is a leading financial services company apparently using a UPS mailbox store address? – Source, Source
Big Hug! 
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Question asked.