“Dear Steve, I am currently involved in debt reduction on two of my 4 credit cards. We have been burned before with financial advice and people seeking us out , claiming to be on our side. I am looking for some good adivice. I received a letter from the company Credit Relief Today. It has a case number and and ... Read More »
Thanks to an awesome tip, I received a mailer that is being sent out. This one was received by a Pennsylvania resident. The mailer was sent out using a West Palm Beach, Florida mailing permit but it appears to come from a company called NFM, Inc. NFM was identified as NFM Lending. Apparently their name used to be National Fidelity ... Read More »
The Oliver Law Group, Another Law Firm Pitching 18% Fee for Debt Settlement. But This Time With a Loan.
So yesterday I wrote about a law firm that wants to charge consumers 18% fees and the sales pitch was non-lawyer debt settlement companies are horrible so you need to go with a law firm instead. Today, Stan, a tipster (send in your tips here), from California, sent me a copy of a letter they received about yet another law ... Read More »
Thanks to a tipster (send in your tips here) I wanted to show you some examples of debt settlement mailers that in my opinion appear designed to confuse of make recipients believe they come from some official or government resource. These mailers came from Budget Mailing Services at budgetmailingservices.com. – Source I’ll post examples of the mailers they have available, ... Read More »
“Dear Steve, The Payment Relief Center is offering to settle my credit debt cards through a Escrow account which I will deposit a sum of money and they will negotiate with my debtors. They are offering to reduce in 60% my debt and fully pay in 2 years. The site is www.paymentReliefCenter.com. I want to know if this company is ... Read More »
Bogus Department of Consumer Debt Mailer Really Clear Debt Solution and Legal Helpers Debt Resolution
The BBB recently released a copy of a couple of official looking debt settlement mailers labeled the U.S. Debt Reduction Initiative that appears to come from a government agency, Department of Consumer Debt. It’s all a lie. Click on image for larger view Click on image for larger view Click on image for larger view So in order to get ... Read More »
“Dear Steve, I’m currently in debt 50K which is more then I make on an annual basis. Payments are to the point that I have no extra money all going to pay CC bills. I feel horrible for allowing this to happen and while I know I have learned never to let this happen again I am being eaten alive ... Read More »
Examples of Deceptive Official Marketing Sent Out By Debt Settlement Companies to Trick Consumers. Some are Members of TASC & USOBA.
I’ve seen more coy and scammy mailers being sent by companies in an attempt to trick or confuse people in debt to believe that some sort of government help is available to help them with their consumer debt. For the most part these mailers are nothing more than deceptive advertisements that try to get consumers to call and then be ... Read More »