LoveToKnow Creditcards:AllComments

From LoveToKnow Creditcards

Comments

Shawn,

Thank you for sharing your comments with our readers. Unfortunately many consumers end up paying debt settlement companies a lot of money for services which the cardholder could do on their own. Congratulations on being debt free!

-- Contributed by: SusanWeber

I wish I seen this before I did what I did. I was current on all my credit card debt and was looking at buying a home but had to get rid of the debt so I entered a debt settlement program and yes I am debt free after 3 years but paid way more then what I went into it originally oweing. They told me that my credit report will be in good shape after the program and I could get it removed which I believed them and now I am looking at my credit report and crying. I did keep a loan and i have stayed current on all our other living bills. cell phones and etc. but now what a mess, plus they dont tell you that on that loan we kept they raised our fee and our car insurance because our credit report is lousy. If I had seen this before I would not have went this route.

-- Contributed by: shawn

Vicki,

Thank you for the comments about the article. I will be sure to pass your comments on to the author.

-- Contributed by: SusanWeber

I've just started exploring the possibilities of debt relief and I consider myself VERY LUCKY to have found this article first. It is brief, comprehensive, and very well written. Thanks for being here.

-- Contributed by: Vicki

Wanda,

I'm sorry to hear that you were taken in by what you think might be a credit relief scam. You may never get your money back but you can potentially protect other consumers. I suggest that you report the company to both the Better Business Bureau in your area and to the Federal Trade Commission either online or by phone at 877-382-4357.

Thank you for your comment and for visiting LoveToKnow Credit Cards.

-- Contributed by: SusanWeber

I signed up with a comapny called NAES which I now know to be a scam, do I have any recourse I can't even get them to return my calls though before they got $3,500, before I paid them they were very active now...

-- Contributed by: Wanda
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