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Preferred Financial Services – Consumer Complaint – November 18, 2013

Consumer Statement: said no up front fee, conveniently didn’t mention the $175 book they send you Consumer Action Taken: just wanted my money Date This Problem Happened: November 15, 2013 State You Live in: Massachusetts Race/Ethnicity: White Age Range: 21-35 Total Amount of Fee Paid: $175 Company Name: Preferred Financial Services Company Address: Andover, MA …

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Is Preferred Financial Services Okay to Relieve My Debt? – Tina

“Dear Steve, I want to trust someone to help me get out of debt and a young lady suggested preferred financial sevices. She says they really helped her. Is this site okay to relieve my debt situation. I do have other every day bills. phone (comcast triple) its basic. Insurance hm and car. Car is …

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This is Why People Need to Be Aware Who They Are Talking to at Debt Relief Companies

Every once in a while I look around the web to see who is advertising. Today I spotted an help wanted advertisement by Preferred Financial Services that typifies why consumers need to be careful when calling the average debt relief company. People think that what they are getting is fair and balanced advice by an …

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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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Preferred Financial Services – PFS. Let’s Play “Do The Comply”

A tipster (send in your tips here) sent in a link to the Preferred Financial Services site and wanted to know if USOBA was keeping an eye on their members. Thank you tipster (send in your tips here). I’ll forward this to USOBA so they can take a look at your request. Do They Comply …

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What Am I Missing in This Preferred Financial Services Affiliate Pitch? It Does Not Make Sense to Me.

A tipster (send in your tips here) brought the following page to my attention from the Preferred Financial Services site which says: The pitch seems to be to switch and become their affiliate and outsource all the back office stuff to them so you can “focus on front end operations.” But the charts show your …

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I Recently Signed On With Preferred Financial Services, PFS1.net. Are They Telling Me The Truth? – Cherryl

“Dear Steve, I have a 21,200.69creditcard debt in total from 9 different creditcards. I need you advice now. jUst recently, I enrolled myself to a debt settlement program[pfs1.net]. They told me they can settled it by 50% for 36monthsof 421.23 a month fees included period. And they told me my first two payments is the …

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The Elusive USOBA Membership List Made Public

Below you will find a document that was given to me by a USOBA member with a soul. They sent it to me at click here. I’ve actually had this for some time and I was giving the United States Organization of Bankruptcy Alternatives (USOBA) multiple chances to release to me a current membership list. …

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Have you Heard and Do You or Don’t You Recommend “Preferred Financial Services”? – Mindy

“Dear Steve, I have made some seriously bad decisions when it comes to credit cards!! Way too many and now with a paycut and possibly losing my job (because my boss is an idiot!) I cannot afford to pay them anymore. I have no savings and 45 bucks in my checking and I am seriously …

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Regulation of Debt Settlement Companies Looming

This is a guest post by Kenneth Long, President of Fiscal Progress. If you would like to submit a guest post for publication, just send me an email to guestpost@getoutofdebt.org. Steve On September 25, 2008 the Federal Trade Commission (FTC) held a public workshop to explore the for-profit debt settlement industry. Panelists representing debt settlement …

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