In 2007, I signed up with Credit Solutions to settle a lot of debt. All of the accounts have been settled except for 2. Credit Solutions seems not to be operating anymore after all the lawsuits that began in 2009. I’ve tried the contact form on their website, and I’ve tried calling two of the … Read more
A tipster (send in your tips here) sent in a letter purported to be from Credit Solutions that says effective December 31, 2010 the health insurance plan offered to employees, past and present, is cancelled. The letter dated December 10, 2010 says that in 21 days the health insurance insurance offered to current employees and … Read more
Here is a great example of two sides of the same event. First from the Florida Attorney General, and then from Credit Solutions. Which side do you think was victorious? Florida Attorney General Press Release Attorney General Obtains Injunction Against Debt Settlement Company ~ Credit Solutions’ unfair fees prohibited by temporary injunction ~ TALLAHASSEE, FL … Read more
Credit Solutions and other debt settlement companies are slammed in an investigative report that aired on the Today Show. The clip even contains a brief interview of the BBB and a recording of the sales representative telling consumers to stop paying your bills. Dan Goldberg of TASC says that there are only a few “bad … Read more
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 … Read more
“Dear Steve, Well, my husband and I have had a familiar to launch; that is, we got married and had children while living with his parents. We lived with them for more than 10 years, and because we had low rent and very little bills, we decided to create some of our own. We got … Read more
Samantha “Dear Steve, I had good credit and was paying my bills on time, then litterally overnight I realized I couldn’t make the payments any more and my cards were maxed out. I joined Credit Solutions, a debt relif group. But now my credit score has drop dramatically and little communication from them makes me … Read more
Below you will find a document that was given to me by a USOBA member with a soul. They sent it to me at click here. I’ve actually had this for some time and I was giving the United States Organization of Bankruptcy Alternatives (USOBA) multiple chances to release to me a current membership list. … Read more
A report on the CBS “Early Show” had some very strong warning about debt settlement companies. Minnesota Attorney General Lisa Madigan said, “You would be more likely to settle your debt by buying a lottery ticket than by signing up with a debt settlement company.” You can watch the report from CBS below.
Credit Solutions is one of the largest debt settlement companies and has certainly managed to irritate the BBB, Attorney General’s in three states, is facing a class action suit, and that’s just to name a few of the actions against it. Get Out of Debt Guy – Twitter, G+, Facebook