fbpx

What Debt Relief Companies Get Horribly Wrong When Helping Seniors

Almost half of seniors have incomes within 200% of the poverty line. They are classified as economically vulnerable and retire owing more debt than ever before. It is natural then that seniors with financial problems would search for someone to help them. Before the internet, communities had a local Consumer Credit Counseling Agency that would …

Read more

Debt Relief Companies Get Bad News

Debt relief companies like debt settlement and credit counselors are always on the hunt for consumers with credit card debt. They make debt relief companies the most money from selling services to people with unsecured debt. The Federal Reserve Bank of New York just released data showing that while total household debt increased in the …

Read more

Wise Debt Relief – Scam, Complaint, Review, or Praise?

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 …

Read more

Consumers in Life and Money Trouble More Likely to be Scammed

Consumers who were more willing to take risks and those who had recently experienced a negative life event (such as a divorce, death of a family member or close friend, serious injury or illness in their family, or the loss of a job) were much more likely to have been victims of fraud and scams. …

Read more

State Law Group – Consumer Review – 12-28-2011

Consumer Complaint Submission

Date You First Used This Company: April 1, 2011 State You Live in: Oregon Race/Ethnicity: Age Range: 51-65 Total Amount of Fee Paid: $3,495 Company Name: State Law Group Company Address: 4533 MacArthur Blvd. Suite 1000 Newport Beach, CA 92660 Company Telephone Number: 866-920-8917 Website of Company: state-lawgroup.com Describe the Service You Received: State Law …

Read more

Bankcard Issuance High But Still Not Good Sign for Debt Relief Industry

Just like the economy, credit card issuers are sending mixed signals about consumer debt. I wanted to share my opinions and read the tea leaves this month. Equifax is reporting credit cards are being issued at a faster rate this year. “More than 18 million new bankcards have been originated between January-June 2011. While this …

Read more

Certified Debt Mediator Seal, Worthless or a Scam. Don’t Fall For It.

I’ve started to notice that some companies are using the Certified Debt Mediator seal to help build consumer confidence in the financial services they are offering. The sites I’ve seen seem to use similar language in describing what this seal means. A Certified Debt Mediator must pass a six month course to become a “Certified …

Read more

How Can I Find a Good Credit Counseling Company? – Landi

“Dear Steve, Hello. I seem to have gotten myself deep in debt. I don’t want to file bankruptcy. Is there a good credit counseling, debt relief company/group that can help me lower payment or cut my debt. I have heard most freeze your accounts and it shows up on your credit. Thanks for your help. …

Read more