Personal Credit Services - Is it a scam?

By Good Nelly

Ask Nelly

Personal Credit Services is not a lender but they only assist you in choosing the right lenders who might be willing to lend you money based on the credit score that you have.

Personal Credit Services has not been well spoken of in the Debt Consolidation Care Community. Consumers have put forward a lot of complaints against this company and have also accused the company of tricking them off their money.

What community members say about Personal Credit Services?

Consumers are skeptical about how this company works. With only an e-mail id and no live person to contact, consumers feel it is just another scam. Besides, there are also many who have worked with them but found them to be an extremely unprofessional company. Several members as well as guests in this community have dealt with Personal Credit Services, and here is what they have to say:

• Lack of proper service: They charge customers for their services but do not provide assistance after they have received the money. They also do not provide any outstanding service for which consumers might be willing to pay them.
• Failure to refund for no service: There is no system of refund if Personal Credit Services cannot offer any kind of help. They keep the money even if they have not been of any assistance.
• Absence of any contact number: The company has no number on which to contact them and can be contacted only through e-mails.
• No offline presence: Consumers are apprehensive about working with Personal Credit Services because they have no offline presence.
• General list of creditors: Borrowers, after application, receive only a list of lenders who have already rejected their loan applications made earlier.
• Complaints with BBB: The BBB has about 23 listed complaints against Personal Credit and consumers' have listed Personal Credit as a scam.
• Illegal operation: Personal Credit Services is listed as an 'advance fee broker' in BBB and advance fee loans are illegal in the US.
• Failure to respond to query: Personal Credit Services does not respond to queries regarding their Chamber of Commerce Membership.
• Failure to negotiate with lenders: They do not negotiate with lenders to get their consumers' loans approved.

Personal Credit Services operate in all states except in North Dakota and West Virginia.

Whoever is thinking of working with them must go through their privacy policy to understand their working better.