Credit Solutions

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jassica

Joined: 13 Sep 2009
jassica's page
Posts: 76

10 Magic Points

Subject: Credit Solutions

Mon Oct 05, 2009 2:52 pm

Do you think it is good idea to go with credit solutions and go out of debt.

Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 1240

28942 Magic Points

Tue Oct 06, 2009 4:56 am

Hi Jassica,

Well, I have never dealt with Credit Solutions. However, I found out that the company has an 'F' rating from Better Business Bureau (BBB), which is not considered to be a good rating at all. The company seems to have several complaints against it due to poor customer service. Hence, I would suggest you to try and solve your debt problems on your own.
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Justin

sara

Joined: 13 Sep 2009
sara's page
Posts: 31

515 Magic Points

Tue Oct 06, 2009 4:01 pm

Well, we are a little biased and I would recommend that you do your own research. I would start with the BBB, where Credit Solutions has quite a few complaints. Of course, consider their complaint volume in light of how many clients any company has.

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* Disclosures:

Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.