“Dear Steve, My husband entered into a debt settlement agreement with Pathway Financial in May of 2010. They have only settled one credit card. Today he got a court summons regarding a debt from Citi Bank. They are suing him and threatening a judgement if he doesn’t pay the fully owed debt of over $7,000. …
“Dear Steve, I have been locked into the debt program at Pathway Financial for 12 months. I recently was sumons to go to court and got curious as I have been for 12 months why this process is not being handled properly. They did close one account but still have 4 to go. I read …
“Dear Steve, I have acquired some credit card debt and last year found myself not being able to keep up with my payments. I had $34k in debt and went through a program through my credit union called Balance for Debt Consolidation. I started on a DMP July 2009 with Consumer Credit Counseling Service located …
“Dear Steve, I Fell for a debt settlement company (Pathway Financial Management). They of course did not keep their end of agreement and I ended up almost having wages garnished, having to go to court to stop, etc… In hind site I realize this was a very bad choice on my part however I feel …
“Dear Steve, I have 50K in debt. I heard radio commercial for Pathway Financial Management. The guy insisted that I can pay off all debt in 2-3 months and restore good credit in 1-2 years with excellent behavior. He said they can negotiate to have my debt reduced to at least 57% of what I …
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Yesterday Debt Rx USA, FH Financail Services, Morgan Drexen, Pathway Financial Management, and State Capital Financial were all sued by Minnesota Attorney General Lori Swanson for services they had delivered. MPR had the following story about the event. Swanson seems surprised that debt settlement companies do not deliver on the services they promise. “They’re very …
Minnesotta today sued six debt settlement companies for overcharging consumers and operating illegally in Minnesota. The companies are: Debt Rx USA, FH Financail Services, Morgan Drexen, Pathway Financial Management, and State Capital Financial. The state attorney general sued six out-of-state debt settlement companies Thursday for alleged violations of Minnesota law that left consumers already struggling …