I was wandering abou this company. They are different than a debt consolidator. When I spoke with them they never mentioned about negotiating with the creditors for a lower rate. What they said they do was put my accounts in dispute and wait until the creditor does something illegal that their attorneys will catch, then they use that as leverage against the creditor to wipe out my debt. Like, I dont have to pay it back. Which I thought was strange. All they require is that I pay them about half the amount of my total minimum payments for 18 months. I calculated about $7000 all together to get rid of all $22,000 of my debt. The money they said was to pay the attorneys. The guy said that they are 100% effective but could not give me any guarantees. I checked them out on the BBB and there are no complaints either. What do you think?
2007-09-21 13:44:46 · 1 answers · asked by pinkyann1 1 in Business & Finance ➔ Personal Finance
Scam.
Chances are that you pay the $7000 and a few months later you still owe $22,000+.
2007-09-22 01:24:09 · answer #1 · answered by Wayne Z 7 · 0⤊ 3⤋