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Jet Debt Settlement. Are You Kidding Me?

A reader and tipster (send in your tips here) sent me a copy of an email they recently received from a company called Jet Debt Settlement.

We’ve got some bad news for you. Your debt isn’t going away. In fact, as You read this, it’s getting worse. Fees and Penalties are adding up. The Good News Is – We’ll Settle Your Debt for 40% on the Dollar.

Thank you,

The JetDebt Settlement Team
Direct – 800.677.1194

First off, to make such unsupported performance claims just sets off all sorts of red flags for me. So, being pissed off about the message I had to go checkout the site.

Screen Shot 2013-04-24 at 2.19.51 PM

They claim to be A+ members of the Better Business Bureau. The BBB says they are not members and have no company listed by that name.

They claim to be accredited members of the American Fair Credit Council. The AFCC does not list them as a member. – Source

They claim to be listed with Dunn & Bradstreet. Only one problem. Dunn & Bradstreet has no company listed with that name.

They list their telephone number as 800-677-1194. That number is also used by a site that claims they can help you capture leads. – Source

The entire Jet Debt Settlement website consists of one page.

Well, when you fill out their online request you do get a second page.

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The company response email says:

Congratulations in taking your first step in defeating your debts. This is just a preliminary email to let you know that we received your request and will be contacting you at the phone number you provided.

If you are like most consumers and screen your calls by utilizing caller ID, please look for (407) 797-4465

JetDebt Advantage

At JetDebt, we’re not a credit counseling organization, debt consolidation loan company, or bankruptcy firm. We are a full service debt settlement company that provides a unique alternative for people with a serious level of debt who are finding it difficult to pay their monthly payments each and every month. Our goal is simple – to save you the most amount of money as possible, and to get you out of debt in the shortest amount of time. We have an A+ Rating with the Better Business Bureau and are listed with Dun & Bradstreet.

The JetDebt Advantage Plan

No Upfront Fees
One Affordable Monthly Program Payment
Debts are Resolved over a Manageable Time Period
Track Your Success 24/7 Online

Thank you,

Sheryl Silverstone – Debt Director
JetDebt Settlement™

Direct to Sheryl – (800) 677 – 1194

Update April 25, 2013

An email message from Sheryl had an address listed on the bottom:

600 Palm Ave.
Imperial Beach, CA 91932

Update May 2, 2013

A tipster (send in your tips here) sent in an email they received that labeled Jet Debt Settlement as Golden Financial Services.

We’ll Settle Your Debt for 39 Cents o n the Dollar – FACT!

View our Reputation with the BBB: A+ Rated by the BBB.

Call Now – 800.677.1194

The Golden Debt Relief Experts

at Golden Financial Services

– 800.677.1194

We’ve Negotiated Millions for our Clients!

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About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • guest

    their website now says they settle for 39 cents on the dollar. I’m sure the FTC is going to have a field day w/ them

  • guest

    Jet Debt Settlement appears to be run by Paul Paquin and appears to really just be a DBA for Golden Financial Services

  • FrikkenFrak

    Am I wrong here, but isn’t it illegal for them to make the 40% claim? Didn’t multiple debt settlement companies get in trouble for false advertising over such claims?

    • Steve Rhode

      It sure appears to be an issue that violates the standards for marketing debt relief programs under the FTC Telemarketing Sales Rules.

  • Matthew Hearn

    What has the AFCC had to say about this “outreach”?

    • Guest

      The AFCC takes inappropriate and unauthorized use of its logo by a non-member very seriously and is addressing this matter directly.

      • Duckfart

        Don’t ya think the AFCC should be taking seriously those companies that proudly display the AFCC logo with the AFCC’s permission? Ya know, the AFCC member who today was charged by the feds with criminal fraud:

        Every AFCC member who thinks that their own company has a shred of credibility should demand that the AFCC clean house immediately and publicly.

        Any single reference to the benefit and credibility of AFCC membership is completely tarnished at this point. No more smoke and mirrors.

        Just like with TASC, there is never just one cockroach.

  • Anon

    Just a year or two ago, there was a company called JET that marketed debt settlement programs for FIRE International. Wonder if it is the same? FIRE had a terrible reputation…

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