Lifeguard Financial - What are the debtors saying?

Debt to income ratio has nothing to do with credit score. Your debt verses your available credit is the ratio that affects your credit score. You obviously have no idea what you are talking about.

Lifeguard is great at the end of the program all my debts were settled!!!

They are fraud, they are doing business in states where they are not licensed, they went from Loan Modifications to Debt ....dirtbags

how'd u know they did loan modification? they did. I even saw the applications and pitch.

They went from Lifeguard Financial to Safetrust Financial recently and they still have an "F" rating with the BBB they tried and failed to counteract the rating via the name change because people caught on quickly. A very high percentage of people they enroll in their programs (those gullible enough) never make it through the end. Their phone reps lack any financial knowledege and care little about the people they call, they work for their commission and residuals that's it. The objective of the program is to enroll you and have you set up a noteworld account where they start debiting their fees upfront for at least the first three months and very little goes toward your actual debt. PEOPLE wise up...in order for them to make good on their so called promises your debt has to go several months unpaid before they can even engage in talks to settle them with creditors and several creditors are off limits to them. They won't even touch your debt until you have a substantial amount of money in your account to negotiate anything and that's after their exhorbatant fees have been paid to them. Sometimes it can takes years to settle, that's why they have these 36+ month programs while your credit suffers even worse. In the meantime you can be sued and they will say it's out of their hands at that point. Stay away from the TV and radio adds or filling out anything online that claims to help with debt or mortgages, the calls all go directly to them. They have several different websites. Also, if they manage to get around to settling your debt, they settle for less than they tell you and keep the balance. Now, they added so called attorneys to the mix of the new company so it can give them leverage to practice in additional states that were off limits before. You see debt settlement was barred in some states but attorneys are exempt, see how tricky they are and in order to further dupe their innocent victims they now claim they are a member of the USOBA (United States Organization for Bankruptcy Alternatives), means nothing, it's an organization that you merely have to pay for membership so they can attempt to make you appear ethical, USOBA claimed recently that most debt settlement companies automatically get a D-F rating on the BBB, they'll say anything, these are their clients, the people who pay their bills. Lifeguard, Safetrust or whoever they claim to be today goes through great lengths to ruin lives, you are better off negotiating with your creditors yourself than paying someone to do it for you. They have no "special relationships" with banks or creditors as they claim, at least not anymore than you do. They are simply looking to make a quick buck from the people who can least afford it. RUN while you have the opportunity. How do I know all this? I am embarrased to say I know several of these scumbags personally and I get disgusted whenever I listen to them brag about what they do to innocent folks out there.

dont get suckered into filling out the form on the USOBA website for more info, you get filed in the system as a lead and guess who the calls go to? you bet, the sharks.

i worked for them and they sold me the BS too. they dont pay employees and they fight among each other. turnover is crazy and new branches open and close and they take your cash and skip town. watch out for these clowns selling you bridges in brooklyn. they are sad and the script is wack. don't give them your social or your money. frauds.

I've been evrolled since April, and none of my bills have been taking care of. Actually, I have only $233.00 toward my bills after many months of money being withdrew from my account, some of my bills have hit collections and everytime I call customer service and ask for a copy of my aggreement, they act like they are checking out my info., yet I haven't received anything in the mail. I really wanted some help, but the way I'm getting treated with their legal team, customer service I think I'm going to cancel.

Cancel ASAP!!!! They will take your money and do not care about you or your situation. I worked there just long enough to realize they were not really helping people out. They shouldn’t be allowed to be in business!! How do you just add an attorney NOW, after they always claimed to have one. That is a red flag to any client that enrolled 5 or more months ago. I bet you were told they had an attorney back then too. They were already practicing in states they couldn’t do business in. This attorney was brought in to try and clean things up but I don’t trust that he will be able to after the mess they have created. Don’t know what attorney would sign on to put his license at risk. Imagine how much of your hard earned money they had to pay him to do it.

**When cancelling here is the best way to do it. Do not call lifeguard and tell them you are cancelling! Call noteworld and request a balance statement of your escrow account, this way you have a full accounting of the monies paid in and fees they took from you. Tell Noteworld you want to close your account and have them send you the money that’s in there. This will be the only way you will get back any money. According to the agreement you signed they can keep 15% of the debt amount enrolled when you cancel. That’s a lot of money, and they will keep it!! You can tell on the BBB because almost all their complaints were resolved as agreeing to perform according to contract. What that means is they agree to keep your 15%. After you get your money from noteworld, then call lifeguard and request the difference of the money that you've paid in. If they refuse, which they will, call your states AG office, their state AG office, the BBB and the FTC!!!!!

Safetrust financial formerly lifeguard financial located in florida settlements handled by FBL associates located in Florida. HAS NOTHING AT ALL to do with national debt relief group located in Brooklyn NY settlements handled by CNI all employees trained. andto give any INVESTMENT advice you must be registered. financial advice is a personal issue and the sec has 0 to do with that. And to the fool who said debt to income ratio has nothing to do with your credit score please go to msn money or bankrate dot com or credit dot com and learn about how your score is calculated.

I am having the same issue and Im worried. I saw that you posted this earlier this year, how did it work out ???? Im freaking out over here, getting letters from lawyers and stuff! WTF?

call 888 333 3860 and then send in the letters so that FBL can address them.

Lifeguard...Safetrust...whatever you want to call them, they are a scam scam scam...i worked for them for 2 months before i found out what really happens on the back end. They don't do anything for the customer but collect fees. ****Since Safetrust/Lifeguard began doing debt settlement there has not been one person to finish the process**** The way to get ALL of your money back, simply send them a letter in writing telling them you will be contacting the AG in your state if they do not return the fees within a week. We were given specific instruction not to tell clients they could get their money back unless they threatened with the AG. You can also accomplish this by calling, but do they even answer your phone calls anyway?....my guess is no.

this debt management never answers phone i called on 4 different occassions ,and when someone finally picks up you are on hold for atleast 10 minutes

i am about to enroll in their program, but still in the opt out window. Read the whole board but still unsure. My bank wont loan even w/ 740 ficos due to other factors. this is the source of my desperation. I owe total of 14k w/ 2 cards, but still am not delinquent. I respect the stance that you must complete the program, but being sued scares me big time. I read the contract 3 times but only now understand that they wont settle till the end. Which leads me to favor the other key point. I might as well save the min payment fees and make settlement offers my self. If only I could get a Proper consolidation loan. Any suggestions Please!?

National Debt Relief Group, AKA SafeTrust Financial, AKA LifeGuard Financial are now located at:
263 52nd Street 2nd Floor
Brooklyn, NY 11220
The crooks are there, go get them!