Quick Answer: The “Final Notice Credit Card Mailer” should be discarded as it references fake government programs like the “2011 Credit Card Financial Relief Program” and comes from Express Settlement Services, an unverifiable lead generation company. The mailer makes unfounded claims and provides no legitimate contact information, making it potentially fraudulent.
A tipster (send in your tips here) forwarded me the mailer going out below.
It has all the hallmarks of a mailer consumers should avoid.
First off it pretends to be an official looking mailer and references programs like “The 2011 Credit Card Financial Relief Program” and the “2010 Economic Stimulus Package.” First off, there is no such thing as the “2011 Credit Card Financial Relief Program” by the government.
Every weekday I read the enforcement actions, filings and fine print the outlets skip, and turn them into the one or two moves that actually improve your position — a rate worth moving for, a fee you can refuse, a deadline to beat before it costs you.
In the latest issue (Oct 9): Does Financial Literacy Make Financial Sense?
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The number on the mailer, 877-210-8313 was answered by a company that said they were a lead generator and farmed out leads to different companies. The representative identified the company as Express Settlement Services and said their domain was sabfc.com.
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Here is what the sabfc.com domain looks like.
The claims made in the mailer are also either untrue or unfounded and appear to run afoul of the FTC telemarketing sales rules as these folks so painfully learned.
The only real reference I could find to who sabfc.com is behind this mailer was this:
Interesting they claim to be a fast growing bankruptcy law firm but there is no contact information about them.
My recommendation if you get this mailer, throw it away and don’t call. There is no clear idea of who you are giving personal data to, who they are and what will happen to your information. I can’t even identify a legitimate company behind this mailer.
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Looks like they’ve added another phone number 877-322-3565.
Looks like they’ve added another phone number 877-322-3565.