Home > Debt Articles > A Look at American Credit Shield and What They Are Offering

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.
  • skyrunner

    They are 100% scammers. They told me they had worked with two banks to forgive my debts, and that I owed nothing on these two accounts. I asked for documented proof, they never sent it.I am now being sued by these companies that, according to ACS, I owe “nothing” to. I asked for a refund and was told their system was down. They have taken over $4500 from me. Their “compliance” person is Alan Messina, who ws involved in a boiler room scheme http://www.bizjournals.com/southflorida/news/2014/05/14/regulators-accuse-seven-men-of-running-boiler-room.html IF YOU ARE A VICTIM, CONTACT THE FEDERAL TRADE COMMISSION TO FILE A COMPLAINT/ also file with consumer protection agencies. If you are in debt, google how to resolve it. You can work with creditors DIRECTLY, for free, and you can also declare bankruptcy. I am also going to call the attorney general of florida. Let’s help get this “company” closed,

  • The TRuth

    Looks like another hess kennedy retread. . .is Jeremy even an attorney? That contract is a legal contract. .

  • Alannah

    I’m so glad I saw this website your a life saver. I to singed up for there service, I payed them 265 every month for the past year I know they bought active debt solutions and I have been dealing with american credit shield for the past 5 months And now I’m being sued from GE capital for $1,179.06 I just got in the mail on Friday. They said they would give me a lawyer in my state now I know that’s bull I have a feeling they didn’t do anything there’s money just sitting there in the account and they don’t do anything . I got in contact with a legal aid since I can’t afford a lawyer and they to said this company sounds very fraudulent. My court date is not until Nov 18 next month, if anyone has any tips for me please email me at clarkalannah@ymail.com

    • Jenn HisDaughter Moxey

      I had signed up for 321loans and called their number and the name of the company changed to helping america group. I asked who their founder is after not being able to find anything about them on the web. It’s also Jeremy Marcus. They got one payment out of me but they won’t be getting anymore . I had them blocked from withdrawing out of my checking account

      • Eleazer Rone

        Jenn, I also signed up with 321 Loans, which was actually Helping America Group and now, 321 Financial to whom I have already paid $221.06 per month for four months but I had to go to the Armed Forces Bank and filed to stop paying 321 Financial last July, 2015. The Armed Forces Bank stop payment expiration date is July, 2049. The total amount that I have paid to 321 Financial is $884.24. Now, it appears on my credit report that I owed a loan from NGP Enterprises, which is actually 321 Financial. I guess, it is now their new name. From 321 Loans to Helping America Group to 321 Financial and now – NGP Enterprises. You might need to go back to your bank and tell them that the name 321 Loans has been changed several times so that they cannot debit your checking account. I had to pay $30.00 stop payment fee to the Armed Forces bank so that 321 Loans can no longer debit my joint checking account with my wife, and then, another $30.00 so that 321 Financial cannot debit our checking account as well. Now, in my credit report, I still owe $6,356.00 to NGP Enterprises, when in fact, I did not obtain any loan from them but to consolidate our 4 credit cards. Helping America Group, 321 Financial, or NGP Enterprises never did anything to settle our 4 credit cards but to suck our $884.24. That’s why I am advising you to go back to your bank and tell them the following names: 321 Loans, Helping America Group, 321 Loans and NGP Enterprises. These companies are actually “sister” companies for their purposes are to confuse their customers and to debit their customers bank accounts because once they’ll use another name, they could debit your checking account. You need to check your credit report because I am pretty sure that it will appear in it that you owe a certain amount to NGP Enterprises.

    • acsscam

      contacted you – please contact americancreditshieldscam@gmail.com to join forces to after these guys. i want them shut down and in prison where they belong, and money back in our wallets. let’s stop them from scamming other people.

      • Eleazer Rone

        Thanks a lot for this email address.

      • Steve

        Any word on what’s going on , I’m curreny debating on getting a lawyer and going after them.

      • Henry

        Any luck Steve ? I’m in the same boat too.

      • What boat would that be?

  • Alannah

    I’m so glad I saw this website your a life saver. I to singed up for there service, I payed them 265 every month for the past year I know they bought active debt solutions and I have been dealing with american credit shield for the past 5 months And now I’m being sued from GE capital for $1,179.06 I just got in the mail on Friday. They said they would give me a lawyer in my state now I know that’s bull I have a feeling they didn’t do anything there’s money just sitting there in the account and they don’t do anything . I got in contact with a legal aid since I can’t afford a lawyer and they to said this company sounds very fraudulent. My court date is not until Nov 18 next month, if anyone has any tips for me please email me at calrkalannah@ymail.com

    • Cerebralpalsyqueen22@mail.com

      Ask them who their founder is: it’s Jeremy Marcus he is a felon

  • frustrated

    I am currently using this company, and have been sued TWICE. This company apparently bought out Active Debt Solutions, which is who we were with before. On both lawsuits, we had to pay an “attorney fee” of $300.00 BESIDES the amount we pay them every month. I was told they don’t charge upfront for any attorney services that may result in going to court because they never know if the case will actually need to be presented in court. This company has done NOTHING for us, absolutely NOTHING. $22k worth of debt just sitting there. They sent out dispute letters to all of the creditors and that was it. Now, in a rep’s exact words “It’s just the waiting game.” I have called numerous times wanting updates on the account to absolutely no avail. Both times we got sued, I knew nothing about it besides the paperwork we were served with. A week away from the court date, and STILL heard nothing from these people even after multiple messages left. I contacted the attorney listed in the court papers myself and he knew nothing about the situation, besides that this company had to hire someone in my area because his firm was ACROSS THE STATE. The day before the court hearing, I get a phone call from this company saying “Don’t worry, you are being represented and I will follow up with you afterwards to inform you of the outcome.” That was 3 weeks ago, once again, I have heard NOTHING from them! I had to look on our state’s circuit court site to see what happened…another hearing was scheduled. None of my phone calls have been returned, my “rep” has been changed 3 times already! This company is nothing short of a pathetic attempt to trick consumers into a monthly payment that they THINK is going to help them get out of all this debt. They don’t try to get anything settled. The only thing they do is let the debt sit there and wreck your credit even further, in hopes that they can find some glitch in a contract or discrepancy in a statement that they MIGHT have access to. I am in the process of speaking with an ACTUAL attorney about this, who believes it is complete fraud.

  • guest

    I was 3 payments away from settling all my debts over 4 year program with Legal Helpers and then this company came along and raided my escrow account and caused some high level stress while I tried to find funds to keep my payment schedule. Several months later, I did receive 2/3 of the funds they had previously stolen, and am now arguing with them over the last $500 which they think they can keep. I only had their “credit correction services” for one month before I realized I’d been taken to the cleaners and now am arguing with them over the last $500 they raided out of my account. STAY AWAY. These are unscrupulous people with bad business tactics.

  • guest

    I haven’t found anyone who actually had them take money without providing a service. I am trying them out now, so I hope that this doesn’t come back to bite me. They claim that their lawyer will pony up a chunk of cash to reduce your debt upfront, a reduction of ~$8k from a $28K debt. Then, everytime a creditor contacts you, you send the info to the lawyer, and they use that to help encourage them further to reduce the debt by threatening to sue them for unfair consumer practices. The thought being that the legal fees required to fight the reduction would cost more than them just reducing the debt. I do have a few bits of further clarification after I asked them some questions.
    1)They claim that there is no upfront fee or extra monthly fees besides your standard payment. This ended up being about 430 per month for ~$28k in debt
    2)They do not offer membership into US legal club. They just have a 3 day cancellation policy if you are in the club. If you are not, then you can cancel anytime without paying extra fees. You will just not have your payments refunded and you will be responsible for all legal costs after cancelling the program.
    3)They claim that all legal fees and attorney fees are also covered in the monthly payment if the credit card company attempts to sue you.
    4)They claim that they use Burges law group for their attorneys
    5)They claim that they are licensed and monitored by the FTC, and that they have to use above board policies due to this reason. They are not allowed to sell your information, and any personal information that you provide is supposed to be secure.
    6)While the agreement states that they can’t keep the creditors from reporting negatively on your credit score, they did say that they can use that for additional leverage to get your debt reduced more.
    If they do not end up providing all that they claim, I will update this site.

    • acsscam

      they are being investigated by the FTC and soon by the attorney general’s office in Florida for fraud. They have an F rating with the BBB. Complain to the FTC about them once you realize you’ve been scammed, the BBB, and consumer protection agencies. if you wish to join a case against them, email americancreditshieldscam@gmail.com

  • Ralph

    I paid these
    people for advice, and it bordered on a fluffy paid attorney service, with slight of
    hand ”we are your attorney in this matter” . They said they would hire
    attorneys for me and save me for their management of the attorneys. I checked
    the guy out, Joseph L. Ford III, a South Florida Hustler who seems under
    investigation for practicing law without a license. Further he lost
    a case here in Pompano Beach Florida involving a 13 year case to get out of paying his own
    mortgage on his own ‘’Theory’. He was thrown out of his house. He’s got the bank chasing him for
    legal fees. They said they could further guide me in legal decisions after reviewing my credit arrangements with my mortgage holder.

    http://www.floridasupremecourt.org/clerk/dispositions/2008/05/08-1003.pdf#xml=http://search.flcourts.org/texis/search/pdfhi.txt?query=Randolph+Sni+ppe&pr=external&prox=page&rorder=500&rprox=500&rdfreq=500&rwfreq=500&rlead=500&rdepth=0&sufs=0&order=r&cq=&id=4b71a50431

    Further, I found he operates with his son, a Justin L. Ford, and his son
    operates as a front man. They were so convincing, I nearly signed a Power of
    Attorney and agreed to pa them. There is a pending fraud case against them both in Indiana the Attorney General in Florida told me.
    Thank the Lord I read your report. Thank you
    SOOOOOO MUCH ! Praise the Lord !

  • Ralph

    Thank you so much for the undercover work.

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