Atlas Consumer Cooperative and Fingo But I’m Having Reservations. – Jenny

“Dear Damon,

I signed up with Atlas/Fingo they seemed to be creditable, no complaints on the BBB or government site, but I have been having some reservations. I paid the 300 dollar fee and made my first savings deposit towards a future settlement of almost 70k…debt was due to illness, and bad business decision. My credit was good I was paying but saw no end in sight paying the minimum payments unless I won the lottery!

Help!

Jenny”

Hello Jenny

Please forward me over their contract and I will take a look at it for you. If you go to my website you can contact me through my contact form or the ask a question link. I will then send you my fax number or my direct email so you can send over the contract for me to review it.

Also 70K in debt is quite a bit, a phone consultation with me to review your overall situation before you go down the settlement path will certainly be a valuable call and will save you quite a bit of money.

Also the fact that you just paid a 300 dollar fee throws up a potential red flag as debt settlement companies are no longer supposed to be charging upfront fees after Oct. 2010, so I certainly want to look at their contract.

Damon is a talented independent debt coach that provides in-depth assistance and consultations for people struggling with debt. If you want a personal debt coach to help you through a difficult situation or want assistance to find secret discounts offered by debt settlement companies I think Damon Day is an excellent person to contact for advice and assistance. He can be reached directly at DamonDay.com

If you have a debt related question you’d like to ask, just use the online form.