I answered a reader question over on another site. The poster said:
I have been contacted by Carter Financial LLC, and they have proposed that depending on my case, they can lower my credit card interest rates. I see on here there are two negative reviews, and one positive review. If I were to let them help me, I would not pay them until the work was done, so I’m not that worried about being scammed in that sense, but I’m mostly wondering is it even possible for a company to negotiate a lower credit card interest rate for me with my credit card lender? If not, obviously I don’t want to waste my time… but if it is possible, I would let them try on my behalf… though not paying them a dime until I received confirmation from my lender that it had been done.
So I went and reviewed the website the poster gave me, carterfinancialllc.com.
According to public records, carterfinancialllc.com is owned by:
M.R. Carter, LLC
8647 S. U.S. Hwy 1
Port Saint Lucie, Florida 34952
The contact for the domain is Paul Carter at firstname.lastname@example.org
The domain name was just registered on June 2, 2011.
According to the State of Florida, there is no registered company under the name used in the domain of Carter Financial, LLC.
The records for M.R. Carter, LLC say the owners are: Ronna Carter, Robert Perona, and Stacey Perona. – Source
They say the business is located at:
8647 US Hwy 1 South
Port St. Lucie, FL 34952
The company says their service is:
Our program will not only help you become financially independent, but will also save you THOUSANDS of dollars and YEARS of time off your existing debts. This revolutionary new program offers a personalized, computer generated payment schedule that takes your current monthly payments, and optimizes your money using a “snowball” effect, reducing your debt faster and more efficiently.
With our qualified and friendly staff at hand, we will guide you through the entire process to ensure the most effective results, showing you how to apply your accelerated payment schedule.
The program includes not only the entire payment schedule for the life of your debt complete with easy to read charts, graphs and statistics, but also clear and concise budgeting forms that cover your day to day expenses and monthly bills. The computer uses precise calculations and optimizes the money you are currently spending on your monthly payments to put you on a path to a debt free life!
The cost of our service is based on a sliding scale depending on the total amount of debt on which we will assist you with. Our fee varies from $495 to $1,195.
Anyone paying for that service would be unwise. There are great services online like ReadyForZero.com that offer a better service to consumers for free.
Concerns & Complaints
In my research for this story I discovered some information others had posted that concerned me as well.
“Rachael, card holder accounts” robo call current aka:
M.R. Carter, LLC; toll free: 877-879-9695; phone 772- 879-9695 Address: 8647 US Hwy. 1, Crowne Plaza, Port St. Lucie, FL 34952. Website: http://www.cardservicecenters.com
Principle: Mr. Greg Stephens, email email@example.com Fax 772-879-9690
Additional company management personnel include:
Mr. TYM Baker – Customer Service Manager – Source
State of Oregon has an open complaint about this company. FF1588-11, Open, 02/17/2011, M.R. CARTER, LLC, 8647 S US HWY 1, PORT SAINT LUCIE, FL, 34952, Credit/Lending: Debt Reduction Services Failed to obtain professional license, certification, or bond. – Source