Lifeguard Financial - What are the debtors saying?

abc, thats how all settlements occur....you stop payment threaten bk and offer them a lower amount than whats owed. slowly illiminating all the credit card debt they would rather take 30% of the total debt rather than you file bk and they get nothing yes thats how it works and usually when you are in this situation your score its already crap and when you get to that point the last thing that you worry about is that score. your more concerned about your next meal

actullay am currently enrrolled with lifegaurd financial group and there awesome there helping me settle my debt in a RELISTIC time frame ! the harrasing phone called have STOPPED and i can clearly see were all my money is going to ! i have nothing but good things to say about this company ! sure there a little agressive and but i mean i had my mnind set that i would be able to pay of all my debt by my self and with a little push i took a chance it was honestly one of the best decision i have made in my life ! NOT A SCAMMMM

I had to re-post this from another board, because I have not read anything more true than this. Trust me, as a former employee I have met management and this guy hits it right on the head; WHEN Safetrust gets shut down there will be a whole lot of disappointed employees when there funds are frozen. Read below:

Safetrust is comprised of ex felons and uneducated want to be businessmen. They let pretty much anyone who has money behind them sign on as a branch. These ex mortgage and stock broker guys that don't have a clue how debt settlement really works or how to service clients lie to people to steal their money. The majority of their business comes from cold calling credit bureau data with scripts designed by the owners to use deceptive sales tactics to get people to enroll. Essentially, they will get data prescreened by consumers amount of debts and amount of trade lines and it comes along with their contact information. They funnel this data out to their sales floors and it’s a feeding frenzy. This is the equivalent of redlining pretty much where they are targeting precisely the most vulnerable candidates and doing and saying whatever to take advantage. Now, are some people with-in this organization doing things the correct way? yes.. However, the majority of them are not and it will and mark my words will ruin the company until it is eventually put under receivership like the rest by regulatory compliance groups. Debt settlement does and can work for any consumers reading this. The success of the program depends heavily on the disclosure a consumers received up front and also the fee structure the company has in place. Unfortunately, safetrust/lifeguard does not disclose properly nor do they promote a fee structure that has the consumers best interest in mind. I feel sorry for the consumers that enroll but also the independent branches that find out their receivables are locked up and their investment and clients vanish overnight because of ignorant ownership.

My husband recieved a call from some one at Suntrust tonight because he recieve an email from them and he went to their website and filled something out to inquire about there program, when they called they proceeded to tell him to quit making payments and open an account with them and send payments to this account and they would negotiate with the companies for payments. He told the woman now why would I want to mess up my credit score by not paying my bills and he told her no thank you and hung up the phone, a second later the phone rings again it was Suntrust again a man name Mark proceeded to call my husband an uneducated fool, why because he was not stupid enough to fall for Suntrusts scam. When my husband asked where he got his education Mark hung up the phone, please Mark I say your just pissed because you can't scam everyone you scum. By the way the call came from a California area code (949).The first woman who called said they had moved from Flordia to California. I'm sorry to all of the people who are being financially screwed over by this company. Anyone working for this company should be jailed and fed hog shit, Mark!

Correction the company name was Safetrust not Suntrust my mistake.

I would like information about life guard, please, if you hear of anything let me know.
Thank you.

I want to know what happened. I signed up to get help from your program thru enrollment counselor Jimmy Mendez on 09/30/09 and not one of my creditors have been paided. The money from my bank account has been taken out. This is fraud what you have done and I will do a police report and also call BBB.

I have been working with these people for three months. People are telling me they are scaming me. is this true

Yes, Get out!!! They are a scam...I cancelled after 5 payments with no settlments and noone was talking to my crediters.....Cancel tho noteworld and fight them for your money back.....

We need more ex consumers to step up and take charge and take them down!

safetrust isnt a scam. I personally am annoyed at this article because i have been in that program for 7 months now and 4 out of 13 accounts are already settled. Look these guys stopped me from trying to file bankruptcy, and made me realize that its better to do this settlement program and sacrafice my credit for a year or 2, then to file bankruptcy and mess it up for 10 years. I know what debt settlement is, it helped me out with money like crazy. I even went on a cruise with my girlfriend like 2 months ago. So stop all this nonsense, talkin bad about a company that i devoted my money to. This article seems like it was written by a competitor or a mad ex employee that probably got fired, lol. but anyways goodluck to all u people out there. If you ask me, i will definitely referr you to safetrust.

You didn't even send your email to the correct person! The person that wrote the comment was not DUH! Duh! You're an idiot!

I have received a SUMMONS and now FBL's (Lifeguard) phones are not working. I get disconnected every time I push 1 for english.

I want all of my money back from these scam artists.

How do you fight to get your money back?

I sure hope you are right. My husband will kill me if it is a scam!

We have been with "Lifeguard Financial" aka FBL which I am pretty sure means Fucking bunch of Liars! We are wanting to get our money out as most of our creditors have now sued and won verdicts against us, we will be garnished until we are 80. I was told that could get stop and desist orders, only if the creditors agree but that wasn't mentioned in the initial meeting (or the paperwork for that matter) The person who signed us on was working for a lawyer in Florida whom we later got a call from and were told that those people stole his identity and he had absolutely no affiliation with them. He said he would help us and we may have to go to him to get our money back from FBL. I have contacted 5 separate departments including the person who signed us on and NO seems to know how to get the money to stop coming out of our account or how to cancel "opt out" of this program. I can't have the bank do a stop payment because if you will notice the dollar amount is always a penny long or short and never the exact same amount. We have been told to stop it we will need to close our bank account. This is an awful lot of BS to go through and we have lost nearly 4 grand to this with NO results. All we have basically paid is their fees and charges, nothing toward an actual reserve that will help pay off our debt.

What does this mean for me and my wife?