Question: Dear Steve, $20k in credit card debt, trying to do a “debt validation” Is Coast Processing legit? They claim to use attorneys from Litigation Practice Group. Staci Answer: Dear Staci, These kinds of questions are tough to answer because “legit” means something different to just about everyone. What we have here are two different …
Question: Dear Steve, I have a student loan that the original creditor who was education finance partners went into bankruptcy and I have been paying my payment to ACS-Specialized servicing company which claims they are servicing the loan for Loan Science LLC. I have asked them to provide me proof that they are the owner …
A new debt relief mailer, which you will see below, poses as an official document but in fact leads to a potential sale for Debt Defense Services according to the tipster (send in your tips here). What do you think, is the mailer deceptive or perfectly fine from your point of view? Add your comment …
As if the 2013 version if the debt relief industry was not weird enough at times, this completely unexpected mailer was sent in and was allegedly sent by one debt settlement company who has appeared on the site to use this site as a weapon to prevent customers from leaving them and going elsewhere. I …
“Dear Steve, Have a lot of unsecured debt just went through divorce. Having hard time making ends meet. Talked to a company about debt invalidation. Is this a scam? I don’t think I could afford it because I am at a point where I can’t even pay the min payments on my credit cards but …
“Dear Steve, I owe tons in credit cards and am in dept management. That payment takes half of my salery each month and now my student loans are out of forberance and i don’t qualify for financial hardship. Is debt arbitration legitamite? They say they can cut my debt by 60% and my payments would …
Isabel “Dear Steve, I have $120,000 in credit card debt. This is due to a 3 year court case and paying attorney bills by credit card. My credit rating is 670+ and I have no late payments despite my 72% debt to income ratio. I am considering debt consolidation, debt elimination or debt invalidation. I …