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Crestmont Funding Debt Consolidation Loan Mailer Sent in by Reader

Written by Steve Rhode

An amazing reader, Shawn, sent in a new debt relief mailer through my I Buy Junk Mail program.

He received a mailer from Crestmont Funding for a debt consolidation loan. Shawn wanted to point out the BBB logo was prominently displayed.

According to the BBB and the State of North Dakota, the company address is 3949 Highway 8 STE 109, New Town, ND 58763-9563.

Google Street View of 3949 Highway 8, New Town, ND 58763

Google Street View of 3949 Highway 8, New Town, ND 58763. Maybe something more was built there since Google took the picture.

However the State of North Carolina says the company owner is actually MEC Distribution, LLC, and Clarence O’Berry. The mailer received by Shawn is signed by Phillip Fox. Both names were associated with this previous mailer reviewed from Bicoastal Funding.

North Dakota Crestmont Funding Listing

The States says MEC Distribution is located at 312 Main Street, Suite 300, New Town, ND. – Source

That’s the same address that appeared in Sovereign Funding Sends Tribal Debt Consolidation Mailer to Consumers.

As far as the mailer goes, it looks pretty standard. According to the back of the mailer the target of the mailing was generated by credit bureau mailing lists.

Crestmont Funding mailer received by reader.

I would recommend that anyone considering using such a company should read the following free guides.

  1. The Ultimate Consumer Guide to Checking Out a Debt Relief Company Before You Sign On the Line
  2. How to Check Out a Business or Company to Avoid Getting Scammed or Ripped Off

It never hurts to be extra careful before giving up too much personal information.


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This offer was able to be reviewed because a kind reader sent it in via my I Buy Junk Mail program.

If you receive a credit or debt relief offer in the mail, do some good and let me pay you for it. Click here.

Want to See More Mailers?

Want to see more mailers I’ve reviewed as part of this program? Click Here.

READ  Bicoastal Funding Debt Consolidation Loan Offer Review



About the author

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.

17 Comments

  • I called and spoke with them about consolidating my debt. He was a very friendly and informative representative, but he wasn’t from Crestmont. I think they use brokers to do the legwork and Crestmont does the funding. My debt is around 50,000 and my payments would be around $750/month, 0% interest, and paying everything off in 4 years. Sounds like a good deal to me. I’ll be making a decision today.

  • I received the same mailer though the amount is different.. I’m only good enough for $45,500. The phone number is also different: 800-621-8092. It is “signed” by the same Phillip Fox.

  • I just received one of their letters. They claim that a monthly payment would be only $245 on a $55,500 loan at 3.75%. What they don’t tell you is a monthly payment of $245 on that size loan would take 33 years to pay off.

    • Well, that’s kind of logical isn’t it? !2 months would be about $3,000.00 Did you think that the offer was to settle your debts for a smaller amount and pay them off? I received one of their mailings, it does sound interesting, did you use them?

  • I received the same letter today….I have been searching for quite a while now for a way to avoid bankruptcy but i’m coming up short. We have good credit still but it is starting to slip simply due to our high revolving balances. Sadly, the majority of of our debt is medical that had to be put on credit cards (at the time 0% ones) – we couldn’t afford the minimum payments from the hospital. We are at the point where we are being told to just file bankruptcy. Is it ever a good idea? Our debt is about 40k – all credit…I do have a 12k student loan as well but I know that is mine either way. I feel like this debt it mine and I should find a way to pay it but I am miserable. We have four children and I am now unable to work with my health issues/ages of my kids. We own our home, drive junky cars, and I have put every dime we could toward paying these off – even every tax return goes straight back on the cards – but here we still are! I am not sure who to even talk to – feeling lost. 🙁

  • i received this but don’t qualify but they want to have my interest rates lowered to 0% for either 36 or 48 months, they deal with your local lawyers and you pay one fee . it’s not a principle reduction or debt reduction, it’s an interest rate reduction. I’m considering it because i don’t want to declare bankruptcy and i don’t know what else to do. i would be paying a lot less monthly , does anyone know anything at all about this company or if they have used them.

  • Thanks for the information. I did do some research. They are somehow affiliated with Strategic Management Services, LLC. I Googled their information and seems as if they are legit. I even went to the NY Corporate Business directory and they are registered as a LLC with the State (they are located in NYC).

      • I see you replied how are they affiliated to Jen’s message that sys Crestmont funding is Legit. My question is are they legit or not? I have read a lot of information on your page but I do not see anything outright that says this company is a scam. my biggest concern is identity theft. I also received a mailer from Greenlink Financial but when I searched them on your site ther were no findings are you familiar with them and are they legit?

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