has anyone used FDN Solutions LLC

Your best bet, is to contact the Better Business Bureau in there area. If they are a member with good standing, they are most likely a good company. If you find out that they are not a member or have had numerous complaints on them, run away from them.

Shop with few other companies and know their plan. You will be able to compare the quotes and finalize the suitable company according to your situation. See the ranking chart for companies working in your area. You will also be sure if anyone is trying to charge more from you. Make sure that you have read the contact thoroughly and everything is put in writing.

i spoke with them in june and so far so good... however i did tell them that i had access to money in order to settle my accounts sooner than the 18 month payment plan... give em a shot!

My husband and I started in there program back in 2004 and we are almost completely settled. If was rough the first 6 months but once we settled the first Chase account the rest of the creditors backed off and I we haven't run into any issues. My sister in-law has started working with FDN since April.

I gave there number to an in-law so I support there service.

I joined FDN's program in March of this year. So far they have settled about 20% of my debts and things are moving in the right direction as far as the plan we arranged and the estimates in the beginning. Some of what helped is that they spread out there fees alot longer than some of the larger companies out there. I think their staff is friendly too.

Tony Wasser

Will follow up in the future!

Any updates with this company? I started with them a few months ago and the creditors are starting to call now. Kind of getting nervous as they seem a little flippant to the situation. If anyone else who has started with them recently has had any success please tell me about it.

hi egordon420 - i started in january and i went through the same thing. i had my reservations as well about the calls but finally they stopped and i haven't been getting bothered as recently. there isn't a law from what i understand that prohibits the creditors from calling you and fdn solutions cannot stop the calls. i was told that the more i answer the phone the more calls i will get because the creditors then will know when to call me. stick with it. i settled an account in july for 21% of the balance i owed and it was done professionally and my husband and i are starting to realize we made a good choice.

I have been searching online to find a legitimate debt settlement company and I seem to be running into alot of sales people promising the world. I saw on yahoo answers that FDN solutions was used by someone and they have had tremendous success. I called FDN and I now realize why they haven't had any complaints. They are brutally honest. The agent at FDN told me all of the bad things that happen with debt settlement before he talked about the potential success I could have. I chose FDN for debt settlement and if anyone ever wants to do debt settlement FDN should be a first pick if at all possible and they are willing to take your debts and settle them.

im with a debt settlement company called resqdebt but i havent been able to find many people that have had experience with them, i was wondering what kind of payments most of you are making monthly that are with fdn ,and has the company really helped like they promised? :?:

i'm familiar with resqdebt and a few other debt settlement companies. one piece of advice is to call the settlement dept as soon as you have 20-40% of the balance of your lowest card in your savings. they usually try to estimate this time by the program you set up and call you, but be proactive and work call them. that will spur them to go into the negotiation process or include your account with any bulk deals that are in process of negotiaions with creditors.

I graduated from FDN's debt settlement program and I can't thank them enough. They always handled my account with integrity and compassion. FDN deserves a kudos and I would definitely trust their services as a trusted debt settlement company.

FDN is shady as shady can get....They have no website listed, claim to be BBB members on some of there sites including everest debt solutions but then there is no record of them and they use some generic logos on there other sites.

When I called them they didn't have a good explanation. Maybe thats why they have a D- rating with the BBB even they they claim to be BBB Accredited members. I would look else where at maybe some of the bigger companies out there. It appears to be a husband and wife business.

To Guest: I see your response above is one of ignorance as the BBB as a whole has concerns regarding the debt settlement industry and blanket the entire industry with an F or D-. When I consulted with Everest they mentioned to me that they have helped over 10,000 Americans with debt settlement and have 0 complaints with the BBB. In comparison T-Mobile reports that 5% of their consumers are unhappy with services provided. However they have an A + rating with the BBB. How is that a fair and equal playing field. Lastly I would put my trust and money in a family business anyday. I suggest calling FDN/Everest vs Credit Solutions and see who provides a better quality of service.

I am currently enrolled with Everest for debt settlement services and I am thrilled to see a company that still takes pride in working with its customers to resolve issues. Two weeks ago I received a letter in the mail from Chase Card Services saying that they planned to sue me for the balance on my credit card account. I called Everest and asked for their advice. They had me fax over the paperwork. 3 hours after that fax I received probably one of the best calls of my life. Not only did Everest settle with Chase avoiding my lawsuit but they also settled my account for 26% of the balance owed. The negotiations department at Everest not only settled with my creditors but also made me a part of the process. Thank You Everest!

My family and I decided to work with EDS almost 2 years ago and we could not be happier. We were asked to do things that we did not believe would produce results and they did. Thank you EDS and God Speed!

I recently completed the program with Everest Debt Solutions and can say that they helped save me from the ruins of bankruptcy. When I first looked for options I consulted with various companies however once I talked with a real person who understood my needs at Everest I knew I found the right program for me. Thank you David, Brandi and Darren for all of your help!

I also recently started with Everest Debt Solutions. I've only been with them about a month but I'm wondering, when a settlement offer is presented, how long are you usually given to come up with the funds? I mean, obviously if you're not with the program very long, there's not much balance in your trust account. The reason I joined with them was to lower my payments because I've been struggling and if an offer comes in and there's no money in the trust, I'm back in the same situation. Can you give me any advice from those of you who've finished this program or are nearing the end?

During the first 90 days the program was rough and i had my doubts. very little monies had accumulated and i was nervous. After talking to client services about a dozen times they explained that this is normal and i should be very successful. Turned out they were right as right can be. I have 3 payments left on my account with EDS but i got a settlement offer on the 10th of July that could wrap things up early.

Hang in there!

Thanks Steve! Can I ask how many accounts you enlisted with them and how long you've been with them? I have a 30 month agreement and 3 accounts so I'm worried if an offer comes in on one within 6 months or something, I won't have enough time to come up with the settlement. Have you found are they pretty reasonable with proposing enough time to get the funds? I'm sure it wouldn't happen THAT quickly, but that's my biggest worry now. With a 30 month agreement and the potential to have it shortened with settlement offers, having it done earlier is GREAT, but coming up with extra funds may be hard. Thanks and I'm glad you've had success and I'm sure I will too!

We have been working with EDS since about March, my husband is the one that said we should try it, I was a little nervous about it and probably will be until we settle our first account. From what I understand they don't start calling the creditors until we have a certain amount in our account. Does this mean that they wont be calling some of the higher creditors for a year or longer??? We are enrolled for a total of 32 months and I think we had 5 accounts. Also, does anyone know about how long the creditor calls come? We generally screen them as directed by EDS, but we probably get up to 20 a day!

The calls will always come in because the creditors do have the right to attempt to collect the debt. I think you can send them a letter to tell them to only send you mail but it doesn't always work. I asked Client services about that and they said it couldn't hurt but not all of them listened or even read the letter. I find it hard to believe that EDS wouldn't call on the larger creditors they seem to do a really good job with communication and keeping on top of things. I have several large accounts and I haven't had issues other than calls and letters. Call client services this week and ask them.

Thanks, Jenn for the info. I didn't know how that would work if they waited until we had all of our money in the account before they settled the larger accounts or if they started calling before that. Have they settled any accounts for you yet? I agree, they seem to be very on top of things and call us every month before our payment is due to make sure we don't have any questions. Like I said, I think once we settle our first account I'll have a little more peace of mind.

Yes we have. Several small accounts less than 5,000 and one large account of 47,000 with B Of A. We only paid a 15% settlement to B of A and that saved us close to 17,000 in settlement payments. EDS even offered to help us pay for the settlement if we couldn't come up with the money because they felt this was going to be a one time offer on our account. We gathered every penny we had and we covered the settlement and we are thrilled. I wish all of the debt settlement companies did good work like Everest it would have made it easier for me to get started sooner and I could have been done by now.

WOW Jenn, that's great! I have three accounts and only one is over 5000. We've only just started with EDS and they've been very communicative. I don't know that we'll be able to come up with any additional funds should they settle before we have enough money saved up so I'm wondering, generally, how long have your accounts given you to come up with the settled amount? To me, I thought that's why we have an agreed upon time frame?. Have any of the accounts agreed to settle but yet accept payments on that amount? You said they were willing to help you collect the funds for the great low settlement. . . is this common? That maybe they pay upfront what you don't have available and then the rest of your payments go towards paying EDS back? Is that one reason for the length of the program they put you in? I hope we have as great of an experience as you've had.

Hi girls! I see you are all talking about EDS!
I joined the program back in April. I have not settled one account yet but we just sold our 3rd vehicle and came up with $2,800 in extra funds to give them... so I have my fingers crossed that they will be able to work something out with our creditors. I am a little nervous though, because last month we were served summons papers from Wells Fargo. 2 of the cards in the program are for Wells. We haven't had to go to court or anything YET, so I am hoping this extra money will be able to get Wells Fargo off our backs and EDS will get them to settle on one or both accounts.
Anyways, my question to any of you is....
Do any of you have a Wells Fargo card in the program? Have you settled with them yet? AND have any of you been served papers?
I have high hopes for EDS. Like I said, we have only been with them for 5 months but besides the summons so far so good. EDS is easy to talk to and I like that they call every month.
So any extra help or info. on this matter would be greatly appreciated from any of you!

I recently joined EDS in April of this year. I have not settled an account yet but I feel hopeful that EDS will work out for us. I have a question though....
To all of you who have settled on some of your credit cards... which creditors were they. I have heard Chase and Bank of America took settlements but I have not heard of Wells Fargo taking any settlements? I ask because 2 of our cards in the program are Wells and I know EDS is working on putting together an offer to them. (we just came up with $2,800 in extra funds by selling our 3rd vehicle)
I am nervous that Wells is not going to take a settlement off since they have served us with summons papers?!
Any advice or info. or even an opinion on this would be helpful! Thanks everyone.

We have a Wells in the program, we have been with EDS since February and haven't settled anything yet. EDS hasn't settled anything for us yet. Wells makes me a little nervous too, we haven't been served anything, but they have been calling more and more. They even have been calling my husband at work a lot, so hopefully that doesn't cause problems for him there. I keep trying to figure out how we can get extra funds to move a long a little quicker, but I guess we will have to keep our fingers crossed!

We have a Wells in the program. We have been with EDS since February. We haven't settled anything yet. I keep trying to figure out how to get some extra funds so we can get things going, but still have our fingers crossed. Wells makes me nervous too, we haven't been served yet by Wells, but they have been calling more and more and calling my husband at work. Did EDS give you any advice about the papers you were served?

I too am an existing client of EDS but going back about 2 years. Some of what you are experiencing is to be expected. I cannot mention anything negative seeing how we did avoid going Bankrupt. Wells Fargo was very difficult to deal with initially and we did not see many results for some time. I will check my records but I believe 9-10 months into the program we received our first offer from them. From what we learned Wells has a long standing policy to ignore and harass card holders that use settlement firms to resolve their debts. Why this is we do not know however we did end up settling for a reasonable sum less than what we planned for. Customer service at EDS was always kind and courteous and after all is said and done we are happy with what we got from EDS.

I have been with EDS since June. I get SEVERAL calls a day from unknown or unrecognized numbers and I DO screen all my calls. Out of all these calls, maybe one a day or less seems to leave a message. As I've explained to the credits we are working with EDS, I haven't returned any calls. Have any of you ran into any problems with not returning calls to the credits? EDS said by law we do not have to speak with them verbally, we have the right to only communicate in writing. I write down how often I get these calls (even though until recently I didn't know who was calling). How long do these continuous, annoying calls last? I would think since I've told them I'm working with EDS and gave them their number, AND the fact we've been with them for a couple months, the creditors would start dealing directly with them in the future? How long does that take?

Even though you are asking the creditors to call EDS they may be calling them and harassing you at the same time. Calls from creditors can be annoying however they do that the right to contact you regarding your debt owed to them. EDS has always been upfront and honest with me and my husband. We too were highly aggitated by the calls seeing how they are trained to call us at the worst times. Keep plugging away and remember that you can speed up the process by getting more money faster to settle the accounts sooner than later.

Hang in there EDS is a god-send.

I just finished the program with Everest Debt Solutions. Here are my statistics. I settled over $30k worth of credit card debt for $9237.68. It took me 19 months to do so. I paid $3800 in fees for a total savings of $17,000+. I also just received a refund from them of $982.37 which was in my Global Client Solutions Accounts. My wife and I just booked a trip online to visit our daughter that left for college a week ago. I would like to thank everyone at Everest Debt Solutions for their efforts. Everest helped us coordinate our lives back on track and helped us every step of the way. Tim Daniels and his settlement team are the best in the industry hands down. Tim if you see this call me anytime! I would welcome the opportunity to provide references for you! Thank you so much for everything you have done!

Is it just me or does anyone else think these testimonial posts are being posted by Everest Debt Solutions or FDN? Some of these were also posted on a recent article I wrote about EDS and came from the same IP address as the alleged "general counsel" of EDS, Steve Sanders.

shills are everywhere steve.not just this thread others as well.from pdl's to debt settlement.they come on to try to shoot down the real posts.

Paul,

Just makes me mad as hell. In my case they never answered the questions I raised and posted the "testimonials" as a defense I guess. Some companies are their own worst enemies.

I loved researching FDN and EDS and discovered their business address is a UPS postal mailbox. How legit is that for a company that claims to be among the largest debt settlement companies?

What's a PDL?

Steve

pdl=payday loan.btw,that is how shills/plants work.ignore the intelligent question or comment,and post the glowing praise post.

Steve,

In there defense, I work for a multi-million dollar educational software company, and we have a P.O. box that alot of mail comes to.....what is the big deal. If you were running a major business, would you want 15 pounds of junk mail delivered to you everyday.

rvl,

I get that. In fact, that's what I used to do when I had lots of mail coming in for my business but we also had a street address.

In this case the folks don't appear to exist except for the ether and either don't have or don't want to disclose their official place of business. That I find very suspicious.

If someone asked you for the business address for your multi-million dollar educational software company so they could check you out before doing business with you, you'd give it to them, wouldn't you?

Steve

Everest East Address 13051 West Linebaugh Rd Building P Suite 101 Tampa Florida 33626

Everest West Address 17621 Irvine Blvd Suite 209 Tustin California 92780

I called and got both of their addresses immediately. Steve are you the same guy caught selling leads from a self help site to Credit Solutions which has over 1,500 BBB complaints and EDS has 1? I think Steve Rhodes is a scam.

My name is Cheryl and I am a currently working with EDS to settle my credit card debts. I have been in the program and have made roughly 19 payments. I have settled 4 of 5 credit cards and I have saved $17,000 with EDS off of my balances. Recently I was reading online about debt settlement and noticed the Steve Rhodes website. I called client services at EDS and they warned me again after sending all of their clients an email last month about the Steve Rhodes scam. This is a open forum community and I would like to warn the community about Steve Rhodes. In a time that consumers need reliable companies to do the job at hand I feel that EDS has lived up to its commitments and I applaud their service work. The mockery of their ethics is deplorable at best and the community should remove posts and commentary like this to promote good business practices.

Cheryl,

Sarasota Florida

Quote:

about the PO box, the big deal is that it often means they do not have a physical address. at all. which means they might be overseas, they might be working out of a back room somewhere.. you never know.

I used fdn solutions starting in March of 2008 with Debt total close to 30k. I have settled most of it and right now I have remaining only 1 card with a balance of 2400 which i should be settling for about 800 I would assume.. I got the best deal in a citi card i had with a balance of 12,500 which they settled for only $$1450.. Unbelivable deal which i didnt even beleive and called citi a few days ago which they confirmed..If you dont care about your credit going bad..I would recommend this company 100% great customer service too

i'm glad you got results,but did they inform you of the fact that every penny of the 11,050.00 is now considered taxable income.as long as that was understood then you got a great deal.

I waited to respond to you regarding the taxes issue. we just filed today and apparently the IRS created a clause for such income basically stating that if your financial situation is so bad you are not required to pay back taxes because it is unearned income for that year. basically if you filed bankruptcy you would have to pay taxes on the whole amount and if you go BK you can't afford to pay tazes on it which is why the IRS made a rule basically excusing the income.

Also i just settled that other account for 745 dollars over 4 payments and i will be debt free in april. We are very pleased with the services of everest debt solutions and we are happy. First time in over 10 years we have no credit card debt.

remember the creditors that you are working with my choose to right it off as bad debt, that dose not mean that you dont owe the money, it just means that things just got a lot better for you, someone else is now going to try and get the money from you and this is going to be a lot harder for them. look up the laws.

I settled my Bank Of America account through EDS in February of 2010. My question is this.

Why did Bank Of America send me a letter saying that I can apply for a new card when I just settled an account of $28,000 for $5,600?

I saved over $23,000 with EDS and B Of A wants to loan me more money. What is the deal?

Quote:

Everest Debt Solutions is bad news. I almost got tricked by them and checked with the Wisconsin Attonrey General who now sent them a letter.to get my first payment back They are not even licensed to do business in all the states they say they are. They put on their website they are BBB members even though the BBB says they are not. That is a fact, go check that out on the BBB. I didn't check at first and after I signed up found out what a scam they are running. Look on their website, they don't even give the names of anyone at the company and I couldn't find Everest Debt Solutions listed as a business name in Florida - very shady.When I found out they were just taking out fees the first couple months it got me thinking and I'm glad I found out before I lost my money to them. Oh they told me to stop paying my credit card bills and the calls started immediately! I found a credit counseling program and the funny thing is it is about the same money as Everest and just a little bit longer - a much better choice for me.

I've been with Everest for over a year with 80K in debt do to medical bills, ID theft, and bad financial mgmt on my part. What I find is this. It seems the credit card companies are the ones that put the dirt out on the internet because they do not want settlements of any type to take place. Hey the Govt bailed them out, we deserve the same. Everest got me a deal with BofA in which I paid 8000 of a 25000 debt. It's true you have to play the game of avoiding collection calls as this merely positions everest to make a better deal for you. In regards to different company names, businesses of all sorts do this all the time as advised by their legal staffs. Mostly do to tax sheltering. Don't look into that as illicit behavior. Everest gets a grade A from me. They try to help their clients, they get a bad rap by those vested against debt collection, plus some within their own industry are scammers, so it's hard to find the real deal. Well Everest is.