Creditsolutions.com – many complaints. Are they legitimate?

Thank you everyone for all your comments. I haven't signed anything with them but they have been calling me non stop. I had a conversation with one of the sales people today and he promised to call me back tomorrow. When he does, I will tell him that I will deal with my debts in my own way. He promised me a 50% reduction on all my debts but I highly doubt that. Thank you again for your honest comments.

Hello there I was ganna join Credit Solutions but now after reading the BBB, and seeing what everybody is saying, I think no way in hell!! 4 Years of dealing with the US MBC in vietnam in trying to get my beloved to the USA I am now 67,000 in the hole its a long sad story I know. If your are interested in helping me please let me know thanks, anyway after getting off the phone with another DCP $1700/month I though was to high I called Credit Solutions they were very friendly on the phone and told no problem for around 1015/month we will get your dept payed off in 4 years they will take care of everything.

mom was horridied and told me there are a SCAM never share a account with a company that you got over the internet!!! well as much as I hate it Mom may be right I think the safest way in dealing is to suck it up , be a man and go to the local atterny's office and see what will be the best way to deal with this situration!! Take Care

JT

great Information, but most of you are providing problems but no solutions, is there anyone in this thread with some answers to a company that will provide legit assistance?? It seems based on this information that the only way to do this is "yourself" it's a long process but there's nothing good about being in debt. My Wife gave me a book 'How to Settle your debts' by Norman H. Perlmutter CPA " The get out of debt coach" not sure if it will help some of you but there's a possible solution.

so from everything I see......the majority goes with they are not a legitimate company.......but then a couple seemed they are......debt sucks and anyone getting in debt.....STOP NOW!, it is a life ruining experience and emotionally stresses you out, which is a bunch BS......I am thinking of taking on my own debt settlement and sending letters to creditors myself and just chaulk up the fee I have paid so far as a learning experience......$1,000.00 learning experience....

Is there any way of getting out of a contract with Credit Solutions of America? I thought I had done my homework but now after reading more, I am so worried. I would rather negotiate with my creditors myself!!

CREDIT SOLUTIONS IS A HUGEEEEEEEEEEEE RIP OFF SCAM!!

They are a HUGE scam. I was with this company, they took me for thousands of Dollars. and they are NOT in good standings either with the BBB.........BBB said to call the States Attorneys office .
States Attorneys office has over 15 thousands complaints from Credit Solutions and they are coming by the hundreds daily.
I was advised to run from credit solution and demand some sort of a full or partical refund from credit solution. cas most wont recieve one. but I was lucky to recieve some sort of settlement inreturn. but credit solution left me close to 50k in debt and in bad standings with all 3 credit breaus for 7 years.
Credit Solution has been reported to the states attorneys office & also to Texas police Dept.
Credit Solution moved their office, tryin to stay local but constantly moving after so many complaints........
if you have a fiancial problems...........go thru a REAL ATTORNEYS OFFICE and they will glide you the right way to correct your fiancial problems to a better solution to living a better life & not in debt with a bad name for yrs .
ALSO MY CHILDREN SUFFERED BADLY FROM THIS..........AND THIS IS A COMPANY THEY SAY WILL HELP GET YOU OUT OF DEBIT SO YOU CAN LIVE BETTER WITH YOUR FAMILY?
CREDIT SOLUTION TOOK FOOD OUT OF MY CHILDRENS MOUTH, BY DOING WHAT THEY DO TO THEIR CLIENTS, FUKIN EM OVER.
CREDIT SOLUTIONS........ THESE WORDS R FOR YOU..........GOD WILL JUDGE YOU IN THE END AND WHAT YOU DID TO HONEST FAMILIES AND THEIR CHILDREN.

I have read all the posts on here and I just want to make some serious points here on things that have been said.
First and foremost Discover WILL NOT sue you as soon as they find out you have sought out the assistance of a settlement company. THAT IS AN OUTRIGHT FALSE STATEMENT! There is so much more that a creditor looks for before they sue you and believe me when I say being involved in a settlement company is NOT the end all be all of taking legal action.
Second thing is that settlement companies do not request that your mail be sent to them nor do they give them their number to replace yours. With a power of attorney the creditor could decide to contact the settlement company which is what you want to happen.
Next is that the statement made about the fact you would be sued and NOT know is just ridiculous. Clearly Gab you don't know how the legal process works. YOU WOULD BE SERVED AT YOUR RESIDENCE WITH AN INITIAL COMPLAINT.
I have no tie to this company that is being discussed on this particular blog but the accusations being made are totally false when speaking of how settlement companies work. If you have been sued and your settlement company isn't contacting you then that is wrong. They should be contacting you with the offers on the table. Please take it from me since I have many years behind me in the settlement industry. I am not out for any gain by sharing the information with you. If you have questions I suggest speaking to the company you are with. They are there for you.

If an account is with a law firm collection company (Zwicker and Assoc.) representing say "Discover Card" and I have the account with CS and CS is telling me that Zwicker won't settle for less than 80% of what I owe ($2574.99) after paying off half of the amount ($2354) I originally enrolled in CS for ($4929). How do I work with Zwicker myself to get this account lowered to less than the total of 80% that they say they will accept? CS is telling me that Zwicker says that Discover Card will not accept anything less than 80% of what I owe now, even though I have paid almost half of what I owe already. Don't ever sign anything with CS. I already paid off 1 account with CS that had gone to another law collection agency.

ok, I finally got through all four pages of this post! after reading this I hope no one joins this company. And for further reference there is a post I just responded to were a class action lawsuit is underway. right now its the first post of the debt settlement catagory.

second, This is absolutely not true about discover card I went through a settlement company and discover was one of my best settlements. 1,000 on a 5,000 debt. within 1 year. No judgement or lawsuit.

third, did you see that bbb report! OMG! stay clear.

And last of all the company I used does post thier monthly statistics how much, and how many they settled, outstanding, and $ amount. I have been adding the posts to my blog monthly.

If I were you I would join this class action lawsuit and sue the pants off these people its time to show these people (scam artist rather) that it will not be tolerated

http://www.debtconsolidationcare.com...bout51255.html
here is the post about the lawsuit

Stop moaning and give them some slack. They even belong to the American Bankers Association
buyersguide.aba. com/ applications/memberdir/showcompany.asp?CompanyID=468944

What in the heck does them being a member of the American Bankers Association have anything to do with them screwing people over who are overwhelmed with debt?

Exactly, that doesnt mean they still cant screw people. I agree that i feel that maybe some "guests" are employees anyone with a brain can see that this company are rip offs. It is black and white here not shades of grey. Usually from what i see most settlement companies even the good ones do have a few complains3-5 or so and they are resolved. This company has so many that its unbelieveable! give them a break? what about the people that trusted them to give them a break? They are liers! They flat out lied, not stretched the truth or anything they lied about being a member of BBB, and what makes anyone think that they would not lie to them about thier accounts? They cant be trusted, move on and find a better one. There are better settlement companies out there that will give you the flat out honest truth and this is what you need when choosing if settlement is right for you. Not someone blowing smoke making it seem like a vacation away from debt. debt settlement is hard i dont care if you do it alone or with a company, a company may make it easier, but it is still far from easy. People need to know the facts, not bs and lies to get them to join thier program.

from personal experience mycreditgroup is a waste of time and money. they will drag out the process and bill you for as much as they can. No customer service, if you do some research their is even a review from one of their employees saying how they work and to stay away.

I think companies like this one cause good settlement companies to have a bad name. look there are good settlement companies out there you just need to take the time to find them and ask the right questions. All settlement companies that are good should be upfront and honest. But in the end, they really cannot promise you anything only what is likely to happen. Dont give up on finding a good settlement company, they are out there (ask me i know!) Good luck!