Subject: Has Anyone Every Heard of "Uninted American Financial&a
Tue Apr 15, 2008 8:00 pm
My cousis received a letter from this company telling her she was pre-qualified to receive a $5,000 loan. She was to send them $650, then they would deposit the money into her account. They claim to be registered with the BBB (not) and they are suppose to be a credit repair company. They have no negative complaints with the BBB, but I want to see if anyone else has every heard of them.
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.