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Debtconsolidationcare.com - the USA consumer forum

Private Debt Solutions

Date: Mon, 10/20/2008 - 20:23

Submitted by codypwhite
on Mon, 10/20/2008 - 20:23

Posts: 4 Credits: [Donate]

Total Replies: 29


Hello. I was browsing online trying to research a company working in debt settlement. I came across a company named Private debt solutions. They are a BBB accredited business, and seem to have good reviews. Does anybody know if this is a legit company, and if so, any experience with them? Thanks so much!


I just signed up with private debt solution after speaking to a rep that was very helpful. I've spoke to many companies and this company just made me feel comfprtable. I like that I am allowed to keep the money in my own account as it accumulates.


lrhall41

Submitted by on Wed, 10/22/2008 - 14:09

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Rumor has it they are closing up shop in Scottsdale, AZ at the end of the year 2008. Might want to contact the AZ Attorney General if you are a current client of theirs.


lrhall41

Submitted by on Tue, 12/23/2008 - 14:36

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I Called and they said no way. They are not closing. In fact they have an A rating with the BBB and that is very rare. It sounds like some people are trying to hurt them.
I have worked with them in the past and they were outstanding!


lrhall41

Submitted by on Tue, 02/03/2009 - 15:30

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I am a client and found this here on a search. I called them right away! Apparently someone got fired and is spreading rumors. I have been with them for almost 8 months. I have nothing bad to say, Ron, my rep is top notch! And yes, I save my own money in my own account! That is important to me.


lrhall41

Submitted by on Tue, 02/03/2009 - 15:46

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I was in their program for 26 months and they helped me save half of what I owed. They were great to work with! If it wasn't for debt settlement, I would have had to declare bankruptcy. I'm sure there are bad companies out there, but this is not one of them. Do your due diligence and find one with a good reputation.


lrhall41

Submitted by on Wed, 02/04/2009 - 10:31

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I signed up a little over 15 months ago and these folks have helped me a lot. I think I will have all my debt paid off in 6 months or so, or sooner if the IRS gives me more money :-) I talk with Emily and she gave me great advice. I am very happy with them.


lrhall41

Submitted by on Wed, 02/25/2009 - 08:45

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what is a shill post? i just talked with these people and need more info. They seem nice and all but there are so many companies out there. I did not talk with Ron I talked with Randi. She is going to call me later today. I'll keep you posted. Thx :)


lrhall41

Submitted by on Mon, 04/13/2009 - 11:19

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BBB Reliability Report for
Private Debt Solutions, LLC
Rating: D-

They have a D- for a rating. Watch what you enroll into... They will not take care of you.. If you have enrolled I would get out quick....


lrhall41

Submitted by on Tue, 05/12/2009 - 17:09

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BBB Reliability Report for
Private Debt Solutions, LLC
Rating: D-

Look at their Rating -- a D- I would cancel if I were involved with this company. Sounds unreliable to me.


lrhall41

Submitted by on Tue, 05/12/2009 - 17:11

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Just FYI Susan Smith USED to work at PDS and she was fired. When she left she contacted all the clients and tried to steal them. LOL!

Also For your information the BBB is rating ALL Debt Settlement Companies in AZ D, D-, F or No rating. Before they went through these changes PDS has an A- and did not EVER have a client complaint.

Beware of this Susan Smith. Susan...go get another job and forget us will you? Peace!


lrhall41

Submitted by on Tue, 05/12/2009 - 17:14

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If you do your due diligence and research the BBB rating system, you will come to find that the BBB is a FOR-PROFIT organization and is in the pockets of the credit card companies/banks and elected to not recognize the debt settlement industry back in February of '09. The debt settlement industry is in business to help consumers to get out of debt by not paying what they agree to pay. The BBB should remain an unbiased reference resource, but instead they are beginning to overstep their bounds and dictate what consumers should do. I just wonder how much $$$ they got under the table from those banks to take this step!!!


lrhall41

Submitted by on Mon, 06/29/2009 - 23:34

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If you do your due diligence and research the BBB rating system, you will come to find that the BBB is a FOR-PROFIT organization and is in the pockets of the credit card companies/banks and elected to not recognize the debt settlement industry back in February of '09. The debt settlement industry is in business to help consumers to get out of debt by not paying what they agree to pay. The BBB should remain an unbiased reference resource, but instead they are beginning to overstep their bounds and dictate what consumers should do. I just wonder how much $$$ they got under the table from those banks to take this step!!!


lrhall41

Submitted by on Mon, 06/29/2009 - 23:35

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These people are crooks, just as all "debt settlement" companies. I was in dire straits, got involved with PDS, they took my money, but never attempted to negotiate with any of my debtors during the 5 months I was with them. They got away with the loot, my creditors then were not in the least interested in negotiating since I went with them. Ended up filing bankruptcy, the only true way to get out of the pickle and stop the insanity of your creditors. If you want to negotiate with your crditors, do it yourself, as PDS won't do you any favors. Sure, they're nice, that's what they're paid for, a false sense of security.


lrhall41

Submitted by on Fri, 08/21/2009 - 20:13

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Quote:

Originally Posted by Anonymous
These people are crooks, just as all "debt settlement" companies. I was in dire straits, got involved with PDS, they took my money, but never attempted to negotiate with any of my debtors during the 5 months I was with them. They got away with the loot, my creditors then were not in the least interested in negotiating since I went with them. Ended up filing bankruptcy, the only true way to get out of the pickle and stop the insanity of your creditors. If you want to negotiate with your crditors, do it yourself, as PDS won't do you any favors. Sure, they're nice, that's what they're paid for, a false sense of security.



I agree, if one wants to negotiate you should try it yourself before giving any money to these people. You can do it. I spoke with PDS, they were very nice and helpful but it just didn't add up. I cannot imagine putting $560 into an account for 10 months and PDS taking $520. I owe a lot of money and it seems like it would take forever to pay off my debt. I cannot negotiate I will file bankrupcy and be done with it. Both trash your credit.


lrhall41

Submitted by on Mon, 11/30/2009 - 16:48

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Quote:

Originally Posted by love_my_things
let us know what happended! alot of people are in need of this type of info, and here we like to be aware of new companies and how they work so we can better serve others when they ask! thanks


These folks have been in business for a long time, and the customer service is awesome. Maybe you should talk with actual clients and not read stuff here. All these posts seem odd and really anyone can post here, even ex-employees that have been fired...


lrhall41

Submitted by on Tue, 01/12/2010 - 13:27

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Quote:

Originally Posted by Anonymous
These people are crooks, just as all "debt settlement" companies. I was in dire straits, got involved with PDS, they took my money, but never attempted to negotiate with any of my debtors during the 5 months I was with them. They got away with the loot, my creditors then were not in the least interested in negotiating since I went with them. Ended up filing bankruptcy, the only true way to get out of the pickle and stop the insanity of your creditors. If you want to negotiate with your crditors, do it yourself, as PDS won't do you any favors. Sure, they're nice, that's what they're paid for, a false sense of security.


Obviously this one is NOT true. Whoever wrote this has no idea how debt settlement works! You need to saver your money then they settle. So if you have your money in the first month they can settle. The fastest you save the fastest they can settle it. That is how debt settlement works. And yeah, people tell you all the time that you can do it. Sure you can but there is NO way you will get the same savings!


lrhall41

Submitted by on Tue, 01/12/2010 - 13:48

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The BBB is a bias org and the CEO of Citibank - one of the largest creditors in the industry - sits on their board. Of course they give debt settlement companies bad ratings! Yet their are DS companies with good ratings because the whole BBB thing is political. Look at the Private Debt Solutions website - they are honest and posted the letter from the BBB strong-arming them to resign as an accredited company for God's sake. PDS doesn't believe in bribes - they believe in helping people. Due your due diligence and research them - they are a great company and all of their graduated clients say so also :D


lrhall41

Submitted by on Wed, 03/09/2011 - 22:21

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I believe that is suppose to read "sh#t posts" & I agree!!! It is sooo obvious who is responding to the posts.....people from PDS. It's a SCAM......look into the owner of the company!!!!


lrhall41

Submitted by on Tue, 06/14/2011 - 02:29

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Does Emily really exist?????? She works for A LOT of different companies!!!!!


lrhall41

Submitted by on Tue, 06/14/2011 - 02:35

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"The BBB is a bias org and the CEO of Citibank - one of the largest creditors in the industry - sits on their board. Of course they give debt settlement companies bad ratings! Yet their are DS companies with good ratings because the whole BBB thing is political. Look at the Private Debt Solutions website - they are honest and posted the letter from the BBB strong-arming them to resign as an accredited company for God's sake. PDS doesn't believe in bribes - they believe in helping people. Due your due diligence and research them - they are a great company and all of their graduated clients say so also "

BBB is really a joke! On a click of a mouse button, a member company could potentially loose a lot of business. Why would any business owner let some sort of 3rd party company such as BBB dictate the rules on how to run the business. If you know that you're running a legitimate business, than simply stay clear of BBB's membership. This will prevent unnecessary gossip.


lrhall41

Submitted by eugeneg17 on Wed, 06/15/2011 - 04:09

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