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A New Horizon, Credit Answers and Others Out of Colorado

A tipster (send in your tips here) just alerted me to the fact that the State of Colorado now lists the following debt relief organizations as cancelled or revoked effective July 1, 2012. A NEW HORIZON CREDIT COUNSELING SERVICES INC 2700 W CYPRESS CREEK RD STE 129 D FORT LAUDERDALE, FL 33309 Registered: 2008 CORNERSTONE …

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Doug Van Arsdale and Credit Solutions Still In the Thick of It

It seems that VD isn’t the only gift that keeps on giving. Apparently, running a debt relief company without a license does as well. Colorado Attorney General John Suthers just announced that his office has obtained a final agency order for civil penalties against Credit Solutions of America, LLC, a Dallas, Texas company, and Doug …

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BBB Says Notorious Doug Van Arsdale Still At It With SaveMore.com

The St. Louis BBB has issued the following statement on the reincarnation of Doug Van Arsdale from Credit Solutions of America. More than 1,000 Internet shoppers from across the nation – including dozens from Missouri and Illinois – said they never received discount coupons purchased from the Texas-based daily deal site SaveMore.com. The Better Business …

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SaveMore.com Sucks. Doug Van Arsdale of Credit Solutions Fame Back in the News.

An tip just came in from a reader. Seems Doug Van Arsdale the CEO of Lending.com and CEO of Credit Solutions of America is back in the news. The allegation is that Van Arsdale is the indirect owner of SaveMore.com, a Grouponesque spinoff that sells discounts and coupons, is not delivering coupons to consumers more …

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Doug Van Arsdale and Credit Solutions of America Settle With Maine

Just yesterday I was talking to a debt relief industry insider and saying, “Whatever happened with Credit Solutions of America, you don’t hear about them anymore.” And here they are right back in the news. Below you will find the press release published by the State of Maine. Attorney General William J. Schneider announced today …

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Colorado Cancels or Revokes Debt Settlement and Credit Counseling Company Licenses

The State of Colorado has apparently revoked or canceled the licenses of Vortex Debt Group, Square One Debt Settlement, New Life Debt Relief, Nationwide Support Services, CSA, Credit Solutions of America, and Credit Answers. The following credit counseling group license was canceled through withdrawl, National Foundation for Debt Management. [Update: For clarification, please be advised …

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Is The Creditor Treated Fairly When People Can’t Pay Their Bills? Are Consumers Stupid When It Comes to Their Debt?

The following material was sent to me to share with you by Kevin. I was a debt collector for a dozen years-and have worked in the debt settlement industry for the past 4-5 years. I come from a completely different perspective about “debt” than most people. First-I used to be a collector–having worked in the …

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Credit Solutions Allegedly Cancels BCBS Health Insurance for Current and Former Employees

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 …

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Credit Solutions Announces it Will Comply FTC But Tipster Provides Interesting Info

Thanks to an awesome tipster (send in your tips here) I have heard that Credit Solutions held an internal meeting yesterday and announced to staff that the company will comply with the new FTC TSR, effective yesterday. In my opinion I think CSA has a potential issue with their statement: “Amount of time necessary to …

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Credit Solutions and Florida. Two Sides of The Same Story

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 …

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