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 …
A tipster (send in your tips here) just sent in the following email alleged to have been sent out by Preferred Financial Services that are impacting affiliates that sold debt relief services for them. From: Amy Thompson Sent: Monday, January 28, 2013 Subject: Dear Affiliates, There has been concern about recent fee split changes to …
In what may simply be an ironic twist, Eric Thompson of Orion Processing from Westminster, Colorado was just countersued by the Colorado Attorney General on the same day Amy Thompson of Westminster based Prestige Financial Solutions was sued by the Colorado Attorney General. If they are related, it’s a bad day in the Thompson house. …
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 …
“Dear Steve, I enrolled in the “Settle As You Go” program with Prestige Financial Group. They have withdrawn 3 months worth of the proposed amount. They told me that with the $ amount of debt I had it would take about 18 monthes. The collections calls have been one or two since I got into …
An interesting press release out today from Prestige Financial Solutions declares the debt settlement industry to be dead. Prestige Financial Solutions is a debt settlement company. – Source The Press Release The Debt Settlement Industry Is Dead! TASC (The Association of Settlement Companies) has seen over a 60% reduction in its membership of debt settlement …
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. …
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 …
“Dear Steve, I have about $60,000 of credit card debt and have contacted Credit Answers and Prestige about their work out programs. i have also contacted and communicated with Money Management International. As you know the former negotiate with the creditors, and claim to work out a program where i would pay off somewhere between …