anon2
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Sub: #65
Replied on 01-27-2011, 02:31 PM
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Just so you know you can pay to have a A rating with the BBB ,unfortunately they ARE big buisness. You pay to play with them.Even worse in some cases you can get a bad rating by not paying them. I once worked for a company with 16 complaints in 3 years out 15,000 clients. If we wanted to pay 75K a quarter we can have a A. Yes it's that crooked

Susan M
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Sub: #66
Replied on 03-05-2011, 12:51 PM
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Do not judge a company by their BBB rating. "BBB Accredited" simply means the company paid a fee to join. I called the BBB because my business had a "C" rating. I was not a member and they told me the rating was based on the small amount of information they had. I answered all their questions. Based on that and the lack of complaints, our rating is now an A+.

I have not worked with this company or any like it. However, even when they get your debts reduced that doesn't mean that you will suddenly have a good credit score. And when a debtor reduces your debt they will send you a 1099 stating that you had "income" from them which is taxable. If you negotiate with a debtor, make sure you get everything in writing including that they will not issue a 1099.

KUTING
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Sub: #67
Replied on 03-11-2011, 04:32 PM
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just signed up with EFS in Saugus MA. I want to be reassured they're legit, honest company and high rate of good debt settlement on record. I have 28 more days to cancel. thanks for any input.

Sub: #68
Replied on 03-14-2011, 02:08 AM
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A lot of people have said negative things about them in the forum. You can take a look at the discussion from the given page: http://www.debtconsolidationcare.com...-services.html




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* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
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