Quick Answer: DSI Financial and related companies are not legitimate based on FTC legal action against them for deceptive debt relief practices. The Federal Trade Commission has filed cases against DSI Financial, Debt Solutions, and associated entities for violating consumer protection laws.
The links for the FTC case v. Debt Solutions, DSI Financial, Accelerated Financial, DSI Direct, Pacific Consolidation Services, Kenneth Schwartz, Jennifer Ruth Whalen, Jennifer Ruth Krizan, David Schwartz, Greg Moses can be found here.
Before You Sign Anything: Run any debt relief contract through the free Contract Decoder to spot hidden fees and unfair terms. Check the company’s complaint history with the Scam-O-Meter.
Compare Your Real Options: Most debt relief companies won’t tell you about all your options — especially the ones they can’t profit from. Credit counseling has a 21-27% completion rate. Settlement resolves about 1% of enrolled debts fully. Bankruptcy has a 95% discharge rate — and protects your retirement. Take the Find Your Path quiz for a recommendation based on your actual numbers.
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 8): A parent's nursing home bill can become yours
I write Your Money Actually most weekdays — actionable money information you will not find anywhere else, and the small decisions that compound. It is free, I sell nothing, and I take no money from any company I write about.
