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
A reader had sent me an email from an Americor sales representative that landed me on this Americor page. That page took me to Trustlink reviews for Americor. They have a high rating. (See update at the bottom from October 8, 2020.) So I looked at some of the ratings on the first few pages. … Read more
Consumer Statement: Joined Americor in May of 2019 and was told that I would be paying $1000 a month to clear up roughly 60k in debt. No fees were explained, in fact, the website States low percentages and no hidden fees. After 9 months, two accounts that totaled 6k were paid. The 3k left over … Read more
Question: Dear Steve, After spending much of 2018 and 2019 surviving on part time freelancing, I racked up ~$8k in credit card debt across 3 cards and exhausted my savings. I also have a personal loan balance at ~$6.5k. In fall this year I returned to full time employment at ~$85k a year. Just got … Read more
Question: Dear Steve, Americor took my debt about 18 months ago, after health issues and litigation for my land, and destruction of property, I had found myself in significant debt. Now after sending a warning letter from Marvin Dang, Honolulu attorney and debt collector for Amex they combined my two accounts and now at 50k. … Read more
Question: Dear Steve, I am using Americor to settle my debts. They have allowed two of my accounts to go into collections, one legal collections after being with them for 8n months. What should I do, pull out of the agreement and try to settle my debts myself. They are screwing up my credit more … Read more
Another reader has sent in a mailer for Americor Funding. A previous consumer had some interesting things to say about their experience with Americor Funding. This mailer was sent to me through my I Buy Junk Mail program. If you have junk mail you’d like to sell, click here. To see other mailers, click here.
At first glance, the mailer a reader just sent in for Credit9 appears to be just a vanilla personal loan mailer. However, two things caught my eye. The first was the nearly unreadable disclaimers on the bottom of the Credit9.com site. The second quick thing was when the privacy policy said, “The Americor Financial (“We” … Read more
A reader contacted me and said, “these have all come in the last two to three weeks. I lost my job in February and have been trying to modify my mortgage, etc. I am in no position to borrow more money for sure. It blows my mind how many calls, emails, and letters I get … Read more
Consumer Statement: I was contacted via mail by Americor in September of 2018 and was sold over about a weeks time on how they could get rid of my debt fast. When I asked what their fee was I wasn’t initially given a specific percentage that I can recall. Over about 5 months I noticed … Read more
Consumer Statement: I signed up for a debt consolidation with 6 credit cards. the customer service dept calculated my debt along with their fees and began to take out $400 every two weeks. After about a year, I decided to take out 2 cards on the programs and left 4. they recalculated the amount and … Read more
I received a copy of the deposition the court appointed receiver conducted as part of the suit against Jeremy Marcus and his related debt relief companies. If you have not kept up on the Federal Trade Commission (FTC) and State of Florida action against Jeremy Marcus and 321 Financial you can start with this link. … Read more
In the ongoing saga of Brookstone Law Group who the Federal Trade Commission took action against for harming consumers, recent court documents paint a conflicting point of view. The smart attorney Michael Thurman, who is representing Jeremy Foti, says the FTC action against Foti should be dismissed. Court documents make the claim Foti is not … Read more
An amazing reader CWindy, sent in a new debt relief mailer through my I Buy Junk Mail program. This mailer is from Americor Funding. I just wrote a quick piece about them, here. CWindy said, “I called this one to see what would happen. They are selling debt settlement with a supposed “line of credit” … Read more
Someone just asked me about Americor Funding loan offer and the strangest thing happened. Now just yesterday I wrote about another company named GreenLink Financial that appeared to be a lending company that had a relationship with a debt settlement solution. When I did a search to see if Americor Funding, INc. was registered to … Read more