Question:
Dear Steve,
Trying to decide if Finance Solutions in NY is a good company to go with. Considering a credit card consolidation.
Do you know anything about Finance Solutions? I have researched on the internet but still, feel a little uneasy.
Joyce
Answer:
Dear Joyce,
These types of questions are about my most favorite and most hated. They drive me crazy because when people ask if any company is a scam or one to stay away from, that’s almost an impossible question for me to answer.
It’s difficult because I have learned over the years that everyone has a different opinion about what acceptable service is or what a scam is. What is unacceptable to one person is perfectly fine for another.
Ultimately the best I can hope for is that you spend some time and do some research to feel comfortable that you’ve hired the right company for you.
I’ve written some online guides to help with that research.
- The Ultimate Consumer Guide to Checking Out a Debt Relief Company Before You Sign On the Line
- 10 Must Do Steps to Find the Best Credit Counseling or Debt Settlement Company for You
- How to Check Out a Business or Company to Avoid Getting Scammed or Ripped Off
Some Truths to Remember
When you are talking to the typical debt relief company you are talking to a commissioned salesperson. They are motivated to enroll you in whatever solution they are selling.
You will hear wonderful claims that the solution they are selling will be amazing. And even if the experience with the representative is incredible, the ultimate issue is if what they are selling you is the right solution for you.
I believe most people think when they are talking to a debt relief company they are expecting to hear advice and recommendations on what is the best solution for them, the consumer. But as I said, the person you are talking to is most often a salesperson and the best solution for them is to make the sale.
Whatever the website of the company says or even what the representative says to you on the phone, none of that matters.
The most important piece of information is the client agreement they will ask you to sign. I think people should ask for that in advance to read the multi-page document and have time to understand it and ask any questions about what they are about to sign.
Typically these client agreements even say that the agreement supersedes anything the representative might have told you. That’s why little of what you are told on the phone before you become a client matter much.
The best solution for you is one that will address your current situation, leave you better off in the long run, and the company gives you confidence in working with them.
You said you feel uneasy and that should be a sign that you have some unanswered nagging questions you should resolve before signing any agreement.
When it comes to Finance Solutions, all I can really tell you can be found in the past articles I have written that you can see here.
You can compare the different ways to deal with debt problems using my online calculator.
Let’s say you do that research and decide that Finance Solutions has the exact type of solution that would help you to eliminate your debt quickly, avoid legal problems, and get you back to saving for retirement quickly. Great. But just make sure you are making the right choice for you. Nobody is going to care as much about you, as you.
I really hope this advice helps.
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
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Asked question.
Hi Joyce. I just answered your question.