Comments on: Debt Settlement Company Reviews

By: Resume

Resume — Fri, 23 Sep 2011 00:20:59 +0000

Resume…

[...]Debt Settlement Company Reviews | Vision Credit Education, Inc.[...]…

By: Claudia

Claudia — Fri, 24 Jun 2011 04:01:53 +0000

my husband and I used Rise Above Debt, they didn’t settle any of my accounts and when I pull the plug it took them a long time to gave me my money back (whatever I had saved); do not use this company, when I called to ask for my money they were rude and hung up the phone so many times… that was a waste of time and money

By: Momommius

Momommius — Wed, 01 Dec 2010 15:42:48 +0000

Was with DebtShield for almost 2 years. They did negotiate 3 of my smaller credit card debts. But, the “big companies” Chase, Citi, and Bank of Am. took me to court for lack of payment. When I contacted DebtShield, they told me “Maybe you should consider bankruptcy. Once creditors take you to court, there is NOTHING we can do”. After almost 2 years of paying DebtShield, we did end up filing a chapter 7. Looking back, I wish we would have done that earlier rather than wasting time with debt negotiations. Our credit rating was in the toilet with debt negotiations, but now, even though we have the bankruptcy on our record for 10 yrs, we have a much better credit rating than we did while with DebtShield. I agree with what’s been said before, don’t use debt settlement companies, they will take your money and leave you in ruin.

By: ron green

ron green — Thu, 16 Sep 2010 00:54:21 +0000

i am trying to find info on coporateturnaround adebt selltement company how do i research this my email is vynalman8@yahoo.com

By: Alex

Alex — Sun, 06 Jun 2010 23:57:06 +0000

Do not use Debt Settlement, It will just cost you tons of money and ruin your credit score!!!

By: Kenneth Long

Kenneth Long — Mon, 19 Apr 2010 22:45:37 +0000

Dear Jason Webber:

I have deleted the link to what I deemed an obvious front for companies that continue to flaunt consumer protection laws. The company that you promoted (National Debt Settlement Bureau) does nothing to protect vulnerable debtors from the predatory plans hawked by the rogue companies that your link represented. Nice try, but our readers know better.

By: Jason Webber

Jason Webber — Mon, 19 Apr 2010 16:32:04 +0000

When i decided to get out of debt i did some research I found (DELETED) very helpful as they are a debt settlement consumer protection company that gives ratings based off complaints… VERY USEFUL!!!

By: Kenneth Long

Kenneth Long — Mon, 12 Apr 2010 23:02:16 +0000

Dear Alan:

Your “ratings” comment is very vague. I looked up the debt settlement company that you linked to, and there was no BBB listing. Therefore, I am removing the link to your company but will keep your comment. Thanks for visiting.

By: alan

alan — Mon, 12 Apr 2010 16:39:43 +0000

You must research any company before signing up with them. Dont get caught in a scam. We are rated as the top debt settlement company in numerous places. We are attorney founded and members of USOBA, US chamber of commerce and IADPA.

By: Brian Thomspon

Brian Thomspon — Tue, 30 Mar 2010 20:24:56 +0000

I used one, if you make more than the median income in your state, you should choose Chapter 13. The debt settlement companies make you pay their fee up front (and its non-refundable). They do this for a reason – if you get sued and start getting garnished (25% of your net), you can’t afford to pay them anymore and they get to keep the entire 15% fee even though they only settled 2 of my 9 accounts. If you make more than the median income, the banks will choose to go after you in about 18 months, you will be getting garnished and each account lines up one after another to continue the garnishment. Chapter 13 is cheaper for the lawyer than the fee you pay to debt settlement and you get to keep everything, you repay in 5 years (if over the median income) what you can afford to pay. You get allowances for all your day to day expenses and can even budget for those license plates once a year, etc. I lost $6,000 to the debt settlement company and they only settled $4,500 of my debt. In my case, I don’t blame the debt settlement company, I blame the banks that chose to sue me and the whole debt settlement system. If you can afford to pay off your 40% plus 15% in 18 months, go for it. Otherwise, you’ll be taken like me.