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CRL Comes Out With Debt Settlement Warning. Is it Fair?

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 …

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I’m Thinking of Doing Business With Pacific Debt or Preferred Financial

“Dear Steve, I am about to do business with preferred financial company and pacific debt company… this company pacific debt told me he charge 24 percent per debt…thats alot of money to charge per debt owe. now preferred financial , ive emailed this person working there 3 times asking what is their charges per debt….they …

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Pacific Debt – Consumer Complaint – 1-25-2012

Consumer Complaint Submission

Date This Problem Happened: April 9, 2010 State You Live in: California Race/Ethnicity: White Age Range: 36-50 Total Amount of Fee Paid: $3,250 Company Name: Pacific Debt Company Address: 715 J ST. #202 San Diego, CA 92101 Company Telephone Number: 877-722-3328 Website of Company: pacific debt.com Consumer Statement: I went to Pacific Debt for a …

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AFCC -35, TASC – 41. Lost in Translation? Bermuda Triangle of Debt?

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 …

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