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Posted: Fri Feb 24, 2006 7:02 pm Subject: Provanta will paint you into a corner

Hi everyone,

Since consolidation and settlement companies are there to provide a remedy for your money troubles, they all seem like light at the end of the tunnel. Not all of them are, unfortunately, and it's tough to tell which ones are on the up and up. Well, some are certainly on the down and down, what I am about to describe to you is something I really hope is an isolated incident.

Back at Protocol, I came across an account that was being mediated by Provanta, I called them and they faxed me a power of attorney to speak on his behalf. I filed it properly and gave them a call the next day feeling confident that this would be pleasant and efficient because I'd arranged settlements in the past with attorneys back when I did student loans.

Well that was a daydream and a half! They poor dude had $17000+ credit card debt, and this battle-ax who is representing him says he ony has $2000 to settle with. That obviously wouldn't cut it, I offered to arrange a payment plan with the $2k as a down payment. Battle-ax rudely stated that they only deal in lump sums, not payment plans, so take it or leave it. I explained that with the size of the debt, that little amount would not be enough to settle on! Battle-ax goes on this tirade about how the fees and interest accrued as if I'm the one who added them! Needless to say, we did not part on good terms and I really don't think this company helped the poor guy at all, just continued to drown him. Unfortunately for this fella, his debt will grow like wild mushrooms and this company will keep him in a cage.

This company is crap. I wonder what they charged that poor man to keep him in a box like that.

They are in California I believe. If any of you in California are looking for assistance with your bills, stay as far away from Provanta as humanly possible. They are a bunch of charlatans.

Posted: Fri Feb 24, 2006 7:09 pm Subject:

Poor guy. I am sure he isn't the first and won't be the last to be ripped off by places like that. Thanks for posting this, I'm in California and I do not want to be ripped off when I am ready to consolidate!!

~Mary Smile

Posted: Fri Feb 24, 2006 7:13 pm Subject:

The pleasure is all mine! When you do your homework on finding a company to help you consolidate or even settle, you have this forum and even more information on the web as your study guide. Smile

Posted: Fri Feb 24, 2006 7:24 pm Subject:

Basically, when you are giving your money to some agency, you have to know their reputation in the market. Bad business activities cannot remain locked inside a room. It has to come out and it will reach straight to the law enforcement agencies, BBB, FTC and the like. So, make sure that you do your part of the research. It will be always helpful.

Regards
Roxette

Posted: Fri Feb 24, 2006 7:42 pm Subject:

I wonder if the original creditors out their are doing research of their own when it comes to collection account placement. All this illegal and detructive activity makes the whole thing a long painful ordeal. Makes me sick how the world of money can be so morally broke.

JEEPZJGRRL · Posted: Tue Aug 05, 2008 4:42 pm Subject: PROVANTA

I'M FROM JERSEY AND WAS WITH PROVANTA...NOW THEY SAY I OWE THEM ALMOST 700 BUCKS!! I PAID THEM 250 A MONTH FOR OVER A YEAR AND THEY ONLY PAID OFF ONE DEBT FOR 700 BUCKS OR SOMETHING...SO HOW DO I OWE THEM MONEY WHEN THEY DIDNT EVEN DO THEIR JOB AND ONLY PAID OFF ONE OF MY DEBTS IN ONE YEAR!!!! OVER $3000 PAID TO THEM....700 TO DEBT....BUT I OWE THEM 700...HMMM Twisted Evil

An0nym0us · Posted: Wed Sep 17, 2008 1:23 pm Subject: Provanta

We are with Provanta and have been very pleased. They have settled most of our debt and only have 2 more to go. And that is out of about 10 different companies. In just 3 years they have done a lot for us. I'm sorry it hasn't worked out for everyone, but it certainly has for us.

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