A tipster (send in your tips here) sent me a link to a recent television report on the nonprofit group United Financial Systems I’ve written about previously .

As of today United Financial Systems has 679 BBB complaints filed against it and has not responded to 351 of those.

Sadly as I predicted in my story “United Financial Systems Looks Set to Implode. Run For The Hills!” the group did indeed implode and many consumers have been harmed as a result.

I had also warned consumers to run in my September 6, 2010 reader question response:

I take missing payments very seriously. It strikes at the very heart of a company trusted to manage your funds, actually being able to do that.

While I generally urge people to attempt to work out these types of issues with their debt relief company directly first, in this case with the large numbers of sudden complaints against the company and the number of missing payments I would suggest you switch companies immediately. In fact you might want to click here for credit counseling information. – Source

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