Where Did My Payment Go For Arete Financial Freedom?

Question: Dear Steve, I was enrolled in the Arete Financial program. I’m getting emails from you saying I haven’t paid my November payment. I’m so confused. I’m still making payments to the company. Please inform me as to what is going on. I’m not sure what to do. Thanks, Tamie Answer: Dear Tamie, Arete Financial … Read more

Arete Financial Freedom Employees Clean Out Dates and Receiver FAQs

The Receiver in the case involving Arete Financial Freedom and others has posted an FAQ that provides specific information on what consumers should do. But first, in more evidence the Arete settlement clients will remain in limbo, former employees are being escorted to clean out their desks. The Receiver says “Notice to Employees – December … Read more

Arete Financial Freedom Debt Settlement Services Raising Concern

I received the following comment from a consumer regarding her services with Arete Financial Freedom settlement services. These sorts of issues the consumer states are sometimes difficult to evaluate. It is sometimes hard to distinguish between an unhappy consumer who is stuck in a program being investigated by a regulator and valid complaints. Arete Financial … Read more

Arete Financial Freedom Settlement Business Looks Cooked

The case filed by the Federal Trade Commission (FTC) against American Financial Support Services over alleged illegal student loan assistance program issues looks like it has snagged the debt settlement program of Arete Financial Freedom leaving consumers in a very problematic limbo. How This Happened The FTC filed suit against the following: “Defendants American Financial … Read more

Recent Debt Relief Case Turns Into a Rabbit Hole for Conspiracy Theorists

While some people can find the biggest conspiracy in the smallest discrepancy, I don’t embrace that approach. Instead, I try to look for verifiable facts that can be supported with outside documents. The recent case against American Financial Support Services, Arete Financial Group, Arete Financial Freedom, CBC Conglomerate, 1file.org, Diamond Choice, Interest Rate Solutions, J&L … Read more

Receiver Report on American Financial Support Services Contains Exotic Cars, Mushrooms, Gun, Weed, and Interesting Details

The preliminary report of the court-appointed receiver was made public in the case involving a number of student loan assistance companies including American Financial Support Services. To refresh your memory on the case, read this. In recent days, people named in the case have filed documents saying they should not have been included or had … Read more

Rescue 1 Financial Employee Lawsuit Seems to Disclose Other Information

In doing the rounds to check on updates in the industry I came across the following lawsuit by an employee of Rescue 1 Financial. In the interest of disclosure, Rescue One and this website have a storied past but this reporting has no relation to that history. On September 9, 2019, a former employee of … Read more

Is Simple Path Financial a Legit Company or a Scam?

Question: Dear Steve, I’m in a total of $33,000 in debt with credit cards and one loan. I spoke with a person at Simple Path financial. I asked if I could have the contract emailed to review it but the person said that it would be reviewed over the phone with me. I would sign … Read more