Federal Interest Savings

Although I have never dealt with them personally, I went over their website and I got the feeling that this might be just a bunch of snake oil salesman trying to scam people out of their hard earned money.

I was contacted by them today, I received conflicting information from the person selling the service and the person verifying the information. One of them slipped up and referred to the company as National Bank Card Monitor. There is quite a bit of negative information about NBCM on the web. All of it stating this is a scam. I checked the Secretary of State site for Federal Interest Savings in AZ.The company is a LLC incorporated in Feb 2012. I am thinking this may have been a name change for National Bank Monitor.

They have been contacting me also. Non-stop calling a couple times a day. I told them i wanted to check reviews before i would use them. After i said that the guy got a little pushy, saying things like "Why would i lie to you?" Im staying away from them. Just doesn't seem legit. Plus $800 up fromt seems quite shady.

I signed up with this company approximately 3 months ago. The fee they charge is actually $1499 and it was well worth every single penny. Although they have transferred my cc balances to lower interest rates, I am more thrilled with the debt analysis, that has shown me how to save thousands of dollars off my total debtload. I have always been very skeptical about programs like this, but it is clear that when I made the decision to use this company, it was the smartest financial decision I have probably ever made. Give this company a chance to show you what they can do, and you will not be sorry.

Maggie

I am doing business with this company right now. They are informative and very helpful. I asked about the National Bankcard Monitor and they were very upfront with me telling me this is another division that deals solely with credit cards. I am including my mortgage, etc. I looked up NBM and they have excellent reviews. I always say you can't get something for nothing so I felt the fee was appropriate, If it was free it would be too good to be true and I would be worried about giving my info. They have so far followed through with everything they said, and I am waiting for my debt analysis. Besides that, if they can charge my credit card 1499, then I am smart enough to know they have to be a legitamate business. If they weren't they would have stolen all my available credit. Give this company your business. So far very happy with my decision