American Credit Group Review

This review is the result of a question from a reader asking me about American Credit Group.

Address:

Address was not easy to fin on the site. Somewhat buried. Yellow flag.

American Credit Group, LLC.
9915 Mira Mesa Blvd., Ste. 120
San Diego, CA 92131

Website:

AmericanCreditGroup.com. Domain registered on October 3, 2007. Registered by [email protected], 8340 Vickers St, suite A, San Diego, CA 92111

Description:

Appears to be a credit repair/debt settlement company.

Management

Unknown. Not able to find. Red flag.

Company Background

American Credit Group was registered in California on October 17, 2007. The registered agent is Christopher W Steward.

American Credit Group Corporate Registration

Contacts

Customer Support/Sales
866.939.9990 Office – Source
866.959.9990 Fax – Source

Email Address:
Customer Support: [email protected]Source
Sales: [email protected]Source
Billing Dept: [email protected]Source

Relationships

Since I can’t identify the management of the company I cannot locate any relationships, if any.

Interesting Points

I did get a chuckle out of one site that listed American Credit Group as a house cleaning business. – Source

I did think ACG did a good job of making it clear that accurate and bad information on a credit report could not be removed. Good for them.

IMPORTANT – Avoid companies that claim they can remove accurate/verified listings or organizations that offer new credit identities or fradulant trade lines.

After reviewing their site, in my opinion, a couple of issues bugged me.

  1. Can’t easily identify who owns and runs this company.
  2. American Credit Group, LLC was registered in 2007 but company says it has 16+ years experience. – Source

The company did a good job on their FAQ page of explaining the tax implications and lawsuit possibilities while in a debt settlement program. They could have also mentioned that they have no authority to stop original creditor collection calls.

Our fee for settlement services is 7.5%. It is one of the most ethical and affordable pricing models in the industry. Most competitors charge 15%, with a significant portion of their fees taken prior to any debt being settled. With American Credit Group, 92.5% of every dollar you spend will go toward you debt, not ACG. – – Source

Their fee schedule above is actually very good compared to a lot of debt settlement companies.

BBB Reviews & Ratings

American Credit Group BBB Rating

Source on the day I wrote this review.

American Credit Group BBB Comparison

Complaints

None found.

Picture of Web Site

[flashvideo file=/wp-content/uploads/acg.flv /]
Video of Flash from Web Site
American Credit Group Home Page

ACG archive.

Is This Your Company?

If this is a review is about your company and you would like to respond to the information I’ve presented here to possibly put it into a broader context or make a correction, please feel free to post your response in the comments section below. I invite you to read my Debt Relief Company and Site Review Policy first.

See also  American Credit Group - Consumer Complaint - 4-18-2012

32 thoughts on “American Credit Group Review”

  1. From the Better Business Bureau Web Site –

    Original Business Start Date: 10/17/2007
    Type of Entity: Limited Liability Company (LLC)
    Incorporated: 2007 in CA
    Principal: Owner/ Manager, Owner
    Number of Employees : 1

    BBB Accreditation: This business is not a BBB Accredited Business

    Reply
  2. From the Better Business Bureau Web Site –

    Original Business Start Date: 10/17/2007
    Type of Entity: Limited Liability Company (LLC)
    Incorporated: 2007 in CA
    Principal: Owner/ Manager, Owner
    Number of Employees : 1

    BBB Accreditation: This business is not a BBB Accredited Business

    Reply
  3. The self-described “senior partner” was previously in the commercial dirt moving business as Earth Source or some such after he and he left his father’s successful dirt moving business. According to one source, he left contract truckers high and dry to the tune of $250,000 which explains why his name is not readily apparent. How the company claims 17 years in credit restoration is beyond imagination. As noted in the review on this web site, American Credit Group LLC was formed in 2007.

    Reply
  4. The self-described “senior partner” was previously in the commercial dirt moving business as Earth Source or some such after he and he left his father’s successful dirt moving business. According to one source, he left contract truckers high and dry to the tune of $250,000 which explains why his name is not readily apparent. How the company claims 17 years in credit restoration is beyond imagination. As noted in the review on this web site, American Credit Group LLC was formed in 2007.

    Reply
  5. Debt settlement is only a part of what they do. They also will clean off bad information on your credit report and help you get started in rebuilding your credit. It is not a quick turnaround process it will take time.

    Reply

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