The Center for Responsible Lending just released a paper on debt settlement. Take a look at the information they published and add your comment below if you think their research is on the mark or way off base. It appears CRL relied upon data published by the American Fair Credit Council in making their determinations on effectiveness. CRL even thanks ... Read More »

“Dear Steve, My wife and I have a combined debt of 75,000.00. A large part of this is due to using credit cards when I was out of work for a year and a half. This was 4 yrs ago. We are current on all of our debt but find that we are just getting by paycheck to paycheck. We ... Read More »

“Dear Steve, owe 11.800.00 maybe more since i have not paid them since loss or job about 4 months now clear one says they can get it down to about 7500 i have given clear one 250 for 4 months Currently enrolled in a ClearOne Advantage Program. Made approx. 4 payments. Clear one tells me I can settle my account ... Read More »

Statement from ClearOne Advantage: “Thank you for the opportunity to respond. Unfortunately, this poster clearly has us confused with another company. Not only do we not have an employee named Ryan, we are not located in Columbia, MD. What has likely occurred is the poster spoke with one of our competitors located in Columbia, Maryland with a similar name. I ... Read More »

“Dear Steve, I signed up with ClearOne Advantage. I have debt of 16000…now I am having second thoughts. Their services have not started yet, but from what I am reading….its probably best to file bankruptcy? I am trying to make things better not worst. I am open to your thoughts, ideas, opinion? Thank you” The Answer Dear Donna, Frankly I ... Read More »

A reader sent in an interesting question. They wanted to know why if TASC (The Association of Settlement Companies) changed their name to AFCC (American Fair Credit Council) then why did TASC report having 41 members and AFCC only reports 35. – Source Good question. What’s interesting about the AFCC membership list is that it is broken into accredited members ... Read More »

Just in, an attendee at the TASC conference just held in Las Vegas has sent in their notes of what they felt was the highlights for readers. Read More »

Please share your experience with this debt relief company and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this debt relief company. Here are some potential questions you might ... Read More »

“Dear Steve, We have signed up with a debt consolidation company Clear One Advantage a year ago we are in debt 100k. What does it mean to be sued by a Navy Federal Credit Union. Can they take our house, cars assets? How should we handle this mess. Should the debt consolidation company step in? Fran” The Answer   Dear ... Read More »