Question: Dear Steve, I was looking at Clear One Advantage and tried clicking on the BBB Accredited Business A+ link featured on the homepage of their website. However, the link doesn’t work. I searched the BBB and found the Clear One Advantage profile, which shows “No Rating.” Here: https://www.bbb.org/us/md/baltimore/profile/debt-relief-services/clearone-advantage-0011-90096368 Any idea why the No Rating? … Read more
Question: Dear Steve, Between my Visa and my line of credit, I owe $25,000, I would like you to tell me if the Litigation Practice Group is a good company to go with, LPG out of San Clemente, California. I live in Utah. Kerin Answer: Dear Kerin, Litigation Practice Group seems to be an interest … Read more
Question: Dear Steve, I have about $15,000 in credit card and other debt. Advocate Debt Relief, a division of Start New Financial, reached out to me and offered me a program. Are they legit? In order to do their program, they have to close your credit cards. Is that worth the credit score hit? It … Read more
Question: Dear Steve, I have an elderly client who struggles w mental health who is using Coast Processing Debt relief company and I am really concerned that they are a scam. They already asked her to get a different bank (she uses Wells Fargo) and she is paying them monthly thinking they will pay down … Read more
Question: Dear Steve, I signed 01-26-2021. I felt rushed to view paperwork. On the phone I was told Lakeview Law Group would get my creditors to settle at 40 to 50 percent reduction, that I was told the only payment I would have to make was the monthly amount to Lakeview for 42 months and … Read more
Question: Dear Steve, Was scammed by WyoLaw Firm for about a year/ I wondered if ‘victims’ of the WyoLaw firm should be receiving any compensation after the settlement. Being offered roughly 5k to sign a release, but I feel like it’s not enough with how much damage it has done to my credit. Can I … Read more
Question: Dear Steve, My husband and I are retired, living on about $1,700 social security. He’s working sporadically, he was driving over the road, and money wasn’t a problem. I received a letter from a company called DVI Debt Relief Program. Is this legit? Says I’m pre-approved for $10,000 to $20,000 for outstanding credit card … Read more
Question: Dear Steve, My husband suffered an injury that resulted in us going without income for a year and me having to cut back significantly on work hours to take care of him. Now all is well, he is recovered, and we are backing working again. During this time, I placed 2 credit cards with … Read more
Question: Dear Steve, I have 2 charged-off accounts, and I want to call and try to pay towards debt but can only afford about 100 per month. Will they work with me.. capital one and discover Will, the creditors work with me. Hope Answer: Dear Hope, The answer is not what you would expect. Here … Read more
Question: Dear Steve, I’m retired, receiving social security and small pension, $21,404 annually. I bought a mobile home a couple of years ago, good price, as-is. Turned out to be more than I bargained for. I currently owe about $13,000 between credit cards and one personal loan (about $10,000). I’m making payments but have missed … Read more
Question: Dear Steve, I believe the financial counselor I was referred to from AAA Legal in Arizona/Florida was not legitimate. AAA Legal signed me up for a debt consolidation program and canceled my account after full enrollment and the first procedure was started. They referred me to Justin O’Dell of JCG Consulting LLC in Tempe, … Read more
Question: Dear Steve, I had several revolving credit cards and had trouble making monthly payments. Looked for a debt consolidation company. Received in mail flyer from Option[] 1 Legal. The salesperson made everything sound legit. I have paid them over $6000 dollars in 15 months. They have negotiated with 2 of the creditors and are … Read more
Question: Dear Steve, I lost my job and have over 154,000 in unsecured credit debt. I was without a job for 3 years and was going to file bankruptcy. Now I just got a good new job, and I’m no longer eligible to file. The credit card companies have charged off the debt, but they … Read more
Question: Dear Steve, I just signed a contract with Americor to settle 6 high credit card balances. After reading a few reviews, I am really getting nervous. Can you tell me if you know anything about the company? Debra Answer: Dear Debra, Well here are all my past posts about Americor. I encourage you to … Read more
Question: Dear Steve, I have 24K in credit card debt. I signed up for a debt settlement plan through Heartland Legal Group 4 months ago. I am making monthly payments to them, and they agreed that my debt would be settled in 7-9 months. My question is whether or not I am being scammed. Should … Read more