An email went out recently that said it should be shared with a friend, and that’s what a friend did. In January of 2021, the debt settlement industry started a new trade group, Consumer Debt Relief Initiative (CDRI). – Source But then another debt settlement industry trade group swept the legs out from under the …
Question: Dear Steve, I signed up with Americor Financial (Irvine, CA) to help me settle my credit card debt with three creditors. I make monthly payments to them they hold to use to settle accounts and draw their 20% fee. One of the Chase accounts has been settled, one is still unsettled. I am currently …
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” …
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 …
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 …
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 …
Loyal readers may have observed that I routinely never mention IAPDA, the International Association of Professional Debt Arbitrators (IAPDA) or even mention that a company may display their logo as being a member. It’s not that I’ve not noticed their logo displayed on sites, it’s that many in the industry have disparaging things to say …
“Dear Steve, i have about 23k in credit card debts, i am fine for now paying at least the minimum payment due and at times pay extras. I received a letter from Americorfinancial.com stating that they can reduce the debt up to 50 %. How true is this and what are the pros and cons. …
