Lifeguard Financial - What are the debtors saying?

I enrolled with LIfeguard 3 months ago and have already paid off 2 of my credit cards, not to mention the stopping of harrasing phone calls....so far they are great....but who knows what could happen

I work for a settlement company, which I will not disclose. I can tell you that there are a LOT of settlement companies and most of them are scumbags. I'm an account manager at my company and I often help people get away from their old companies.
I wouldn't use BBB ratings as a good indicator of a good company, companies can sign up and pay a monthly fee to the BBB and eventually get rid of negative feedback on their company. What you want to look for is TASC, they are the only regulatory body int he industry and if a company is a member of TASC it pretty much means that they aren't lying to you and will actually settle your debts.
I am dealing with a woman who is enrolled with Lifeguard, in fact I just got off the phone with her. I've been out of the office for like a week and don't remember too much of the details but we beat their rates and she wants to sign up with our company and Lifeguard is giving this poor (old) woman the runaround and I highly doubt they are going to refun her. If anyone on this forum has any questions you can send me an email.

The more I read the dumber I get. Who is teeling the truth and what are the indicators to get a reputable company to work with?

It is a scam!!!! They only pay your creditors when they settle with them. Well after two months my creditors haven't heard anything from them. I am having collection agencies at my door now. They put your money in an escrow account until they settle with the creditors which could take up to four years. Do not use this company!!

Ummm , did you actually read your contract with them because thats how debt settlement works ?

I want to work for LifeGuard financial, the system is work, but Management is SuZZZZZZ

That is how settlement works. If they told you that they would be making payments to your creditors they lied. Otherwise I'm afraid you're an idiot. If they told you they would negotiate settlements and you are putting money into a bank account then it implies that they aren't being paid in that time.

Lifeguard like most debt settlement company's do put your money into a escrow because the futher you are behind the better chance you can get the settlement that they promise

BE AWARE OF LIFEGUARD FINANCIAL!! I was told that my debts would be paid in 12 months and that several months into the program a few of my debts would be paid. However, after doing my own independent research on how debt settlement companies work (because I was not made aware of this by Lifguard) I learned that debt settlement companies take their fees first (in my case, I was told three months, after calling multiple other times was told 6 months of fees would be taken out which would equate to over $13,000!) I have asked for my first payment back and have yet to receive it. I hired an attorney to handle this matter. Their contract is shaddy and I don't see how they think they can keep my first payment of $2,700 without rendering any services. If they were legitimate they would have reimbursed my first payment. Can you image how much money they can get from people!!! I also lodged a complaint at BBB. At this point, it is principal and I will do whatever in my power to get my money back. Who knows maybe a class action suit can be filed against these thieves. I can honestly say I got scammed.

They are a reputable company however they charge a lot more than some of the Debt Settlement companies out there. I ended going w/ Safeguard Financial because there fee was half of what Lifeguard wanted to charge me. If you need help call Ben Barnett. He was very professional and explained everything as well as changing me half of what the other companies wanted to charge. His number is 888-745-8181 x705. Make sure that you tell him that Joey Winters reffered you...

Listen up, people!! The BBB's have BANKS on the board of directors. That is why they give debt settlement companies bad ratings at the BBB's. They don't want you to trust the debt settlement companies because the honest debt companies work for the client to reduce debt. And, the credit card companies write off the debts anyways, and still make money as well. So don't cry about the banks and credit card companies. Just last month they raised my ccard rate from 9.99%Fixed to 24.00% variable and I pay on time all the time and I am never late or over limit. I called them and they said it was the sign of the times with the economy that's all. I opted to freeze the card to 9.99Fixed and not use the card. If I use it it will go to 24.99%.
Lord have mercy. I got pissed off about being jerked around any way the cc company wants to lately, so I am doing debt settlement and be done in 36 months. Do your homework and don't let FEAR from the bad debt settlement companies out there and the BBB's scare you. FIND a good company, and stick with it and you too will be free of this credit card crap. I am DONE with using cards for good now. I learned my lesson good. Just remember, the cards are unsecured debt, and they cannot take your car, or home, etc. They will try to scare you, but just do what the coaches tell you, and you will be fine.

Back again, The fees are 12%, not the norm of 15% and higher elsewhere. I will be done within 36 months. Step back and remove your feaf factor and find a great debt settlement company.

the comment you guys Posted on Sat Jun 13, 2009
was a sales pitch, very clever boy's

Is this a true company or is this is a scam. I need to know before I go with them.

BJ Wilson,

I'm not sure if Lifeguard Financial is a scam or not, I'm not sure. All I know is they have some of their call centers overseas, doing some checking up on Google on these people here is what I found:

Life Guard Financial

Lifeguard Financial Debt Settlement Oppurtunity


We are actively looking for 2 Native English speaking sales reps for our Medellin, Colombia sales office. Native English Speaking ONLY NEED APPLY!!

Native English means the following; you MUST have lived at least PART or ALL of your life in the United States, Great Britain, Australia or any other English speaking country. If you have not, PLEASE DO NOT RESPOND TO THIS POSTING!!!!!

This is a great chance for someone to come in and grow with us and hopefully turn this into a long term career. If you need any more information please feel free to contact us, you can email us at xxxxxxx@xxxxx.xxx or call our Medellin Office: 266.1610 ask for Anthony.

At this time we are looking for 2 more staff members. Remember salary is 1.200.000 per month with benefits, plus up to 1.000.000 or more per month in commissions. This is a great opportunity remember we look for the best.

Fecha: 26 de mayo de 2009
Localidad: Medellin
Departamento: Antioquia
Salario: 1,200,000.00
Comienzo: Inmediato
Duración: Indefinido
Tipo de trabajo: Tiempo Completo
Solicitudes: llamar, enviar correo con hoja de vida
Empresa: Life Guard Financial
Contacto: Anthony Perez
Teléfono: 2661610
Fax:
Correo-E: arperez@mail.com



Same goes for Curadebt AKA Banks Schwartz and Levitz:

BSL Asesorias y Finanzas

Customer Service Representative / Account Spexxxxts for American Company


We are looking for employees with good customer service skills for positions in customer service and account spexxxxts. Good pay and excellent bonuses. Great American working environment.

- Requirements:

* Perfect FLUENT English, spoken and written, is a must. (If you are not a FLUENT English speaker, please do not apply. You will be required to speak perfect English.)

* Must have a current "Certificado del DAS / Pasado Judicial". Current means that the date of issue or renewal on the certificate must be no older than 1 year.

* Please send your resume in English.

- Highlights of working with our company:

* We are not a telemarketing service

* We provide full paid training

* We do not require experience in the field as we encourage a learning, again we will provide the training

* Great American working environment

* Excellent earnings (Salary plus Bonuses)

* Employees are constantly rewarded

* We do not work on weekends

* You will gain a great deal of experience in the field

If you do not meet this prerequisites, please do not send your resume.

Fecha: 3 de junio de 2009
Localidad: Medellin
Departamento: Antioquia
Salario: $1.000.000 + Excellent Bonuses
Comienzo: Immediately
Duración: N/A
Tipo de trabajo: Tiempo Completo
Solicitudes: EnvÃ*ar resume por correo electrónico
Empresa: BSL Asesorias y Finanzas
Contacto: William Franco
Teléfono:
Fax:
Correo-E: hrfinanzas@gmail.com

is it wrong to have your call centers overseas? I don't think so it is more profitable. My question to you is will they admit their call centers are overseas?

I was contacted by lifeguard and decided to go with them. I have been in their settlement program for 4 months now and couldn't be happier. At first I didn't know how sure I was about dealing with anyone over the phone, but it turned out to be one of the best decisions I have made in years. Screw the creditors I'll go with the zero interest