Lifeguard Financial - What are the debtors saying?

i must point out that the creditors CAN still contact you even with those letters. you are the creditor. now if they harrass you then they can be sued for harrassment if you can prove it. The settlement co can keep resending them letters and for the most part they will stop calling but you will still get a few random ones.

Lifeguards website has been down for days now and a employee there told me that they have been sold. What will happen to my money???

I live in Knoxville, TN and I saw an ad on Craigs List looking for telemarketing reps for a company called Safeguard Financial. They admit in the ad that they used to be known as Lifeguard Financial. I've been trying to fina a job for a month, and I am so tired of Googling a companies name and find yet another scam operation. For those of you that are trying to find them, go to craigslist and the select Knoxville,TN then select sales jobs - there they are as of today.

Hope this helps any of you...

I signed With lifeguard 18 months ago for a 36 months program. At first i was Skeptical because the creditors kept on calling I was on The verge of terminating my contract but I looked over it and it was stated that it takes 60-90 days for the calls to stop. I allowed that time and in effect after 2 months and a half my creditors stopped calling me. Im half-way into the program and my credit score has gone up. I beleive it is a good program you just gotta give them time to work with the creditors

I worked for the company for exactly two weeks. Within this time frame, their Better Business Bureau Rating (BBB) dropped from A- to C+ then further down to Not Rated(NR). When a company's rating declines this quickly to (NR) this means that the bureau is overwhelmed with consumer complaints and most likely litigation with the state district attorney. Please don't believe anything individuals working for this company tell you. However, I must say those scumbags have quite a racket they are running- completely unregulated business with involvement with the (TASC). The second I figured out there angle in full on my tenth day, I walked out of the office never to return. It has been over two month since then and I have yet to receive my paycheck which I am entitled to under law. Most likely they have no intentions to pay me or improve your credit score and get you completely debt free in less than 5 years. I hope the information I have provided you with helps you. This information is completely accurate in full. Cheers.

No. of CmplType of Response 11Making a full refund, as the consumer requested 1Making a partial refund 45Agreeing to perform according to their contract 0Refusing to make an adjustment 0Refuse to adjust, relying on terms of agreement 0Unanswered 0Unassigned 57 Total

im a little confused/concerned to the comment that thier credit score is going up half way through the program. considering that you still have debt that is unpaid and more and more time is goin bye usually your score does not go up until after all your accounts are paid. usually about a year after finishing the program your score will start to improve i have never heard of your score improving while in the program.

When a company's bbb goes from a to c and now to nr. To now be under a new name altogether I say RUN DO NOT WALK away from them

I am so happy my unusable credit score of 450 is now a still unusable 475 YIPPY

Quote:

the only scam is paying back over $55,000 to credit card companies for $15,000 debt!look at your statements every month and see how much comes off the balances i was paying $189 and the next month $17 came off my balance. you can do the math they want you to be in debt forever! Lifeguard thinks otherwise and so do I!

i went through lifeguard in the tarrytown branch in upstate ny they were so helpful dont let creditors have you think this is a scam the creditors want you to make minimum payments for the rest of your life!

settlement is not a scam credit cards are!!!!!!!

okay mr ramsey.whatever you say.

dont know about the rest but i went through a company that got me out of debt call this number and leave your info a compliance officer will call you back and they dont take personal INFO OVER THE PHONE SUCH AS SOCIALS!!!!! deleted they can help its not a convenience program its for people who have been paying there bills for years and the balances are still the same or you really cant make these payments its a hardship program like the cash for clunkers or hardship program to modify your mortg.this is just another hardship program to get you out of cc debt in under 3 years and the compliance officer was so helpful she even set me up with some

sorry no solicitory or personal info allowed per TOS rules.

Credit counseling companies work for the credit cards, all they do is lower your intrest on your creditors and combine all the accounts, but in the end you still have the principal that you must pay. It also stays on your credit report for 7-10 years, you might have just filed for bancruptcy! Debt settlement is the only way out right now but, research is a must i9n order to be with a company that has credibility and knows the facts of the different choices to get out of unsecured debt, without hurting your credit report for 7-10 years.

DO NOT GO WITH LIFEGUARD.

I worked there for a couple months this summer. THEY ARE A SCAM. They essentially take your first couple months payments and pocket them. I have never spoken in my months there with anyone who successfully completed the program. The TELEMARKETERS are DIRTBAGS who will say anything to you on the phone just to make a couple hundred bucks commission. Any positive review on this board are no doubt--NO DOUBT-- employees being compensated to post positive reviews.

DIRTBAGS.

if they are so reputable and suxh a nice bunch why do they lie about how they got your phone number and persist in repeated phone calls after they have been asked not to call? and why then is their phone number and address the same as safetrust financial and when you point that out the first deny they have any knowledge of that other company then they get ugly and hang up on you? yup gotta love free enterprise and the internet for promoting these kind of crooks

There BBB rating is now a F. That about say's it all

changing the name of the company is a red flag. wonder what was wrong with the old name they couldnt scam as many clients anymore using it? im sure once potential clients looked the company up they chose not to go with them. sounds like theychanged the name to fool and then scam more people. wow

WOW.... BBB rating drops to an F and they change their name to SafeTrust??? I hope the authorities are all over this.

as a bill collector I enjoy doign business with them. in comparison to other compaies they do an etremely good job of returning calls, nad are straight to the point on what consumers have to offer for settlements. I dont know about their fees towards the consumer and whatnot... but they are easy to work with on this end! Some companies don't even return our calls.

Me and my wife join but had to sign the contract on line only on her name was highlited for signing not my name so I did not sign my name, I called this guy by the name of "Dante" and he never gave me his last name his extension to his direct line so I'm closing my checking accounts and one that was giving to Lifeguard Finacial I tried to call on Thursday 9-24-09 but no luck maybe he will call me on Friday 9-25-09 to ask me for another checking account but I had told Dante to send the a copy of the contract by mail about a month ago and asked again last week and told me it takes 7 to 10 business days to receive but I'm still waiting for such hardship copy, I also told Dante he was not a man of his word and he promised me I should receive the copy soon! And had asked me to tell him if Fed-x or which way to send to me I have to see what happens no results I still don't believe everything he says!

changing the company name is a big red flag. looks like they couldnt scam as many people into their program using the name lifegurad due to all the complaints on the bbb and web. so they changed the name to fool and scam others. makes me sick should be against the law to do what they are doing. im so happy i chose not to go with their program i had a bad feeling about it cause they were very pushy

I am floored I just found out they have an F rating as well this is a disgrace.. With ethics like this this company will be out of business soon. .. I am so upset because I really trusted this company to help me out of debt.. if something sounds to good to be true it is too good to be true.. i will be gettin my lawyer asap because this is a scam

We have been scammed by a guy named Emilio at Lifeguard Financial. None of our creditors were ever contacted by Lifeguard by for settlement. I spoke with Noteworld who is the payment processor who took our funds out and distributed them to Lifeguard. Noteworld said that all they can do is send an email to Lifeguard. They will not take any action to report fraud. I told them that this a federal crime and she said that she would not report it to anyone. Another woman from Noteworld told me that they can stop my withdrawals but I should have received cease and desist letters from Lifeguard which I never had received. We will be reporting both companies to the Better Business Bureau.

so now I must assume that verizon is a scam as they used to be bell atlantic and before that they were nynex and before that they were new york telephone man a HUGE scam 4 name changes oh no!!!!!! Lifeguard financial merged with a LAWFIRM FBL associates and wasrenamed SAFETRUST now attorney based!!!! oh dear a big scam...... listen carefully NOTEWORLD A+ with the BBB debt settlement to see the benefit complete the program, If you pay $24 to see a movie with your spouse and you never take a seat in the theater were you ripped off NO it is your fault for not allowing yourself to see the film. DEBT SETTLEMENT only works for those who complete the program!!!!!!!!!!!!!!!!!!!!!!!!!!!!! when an esign contract is sent with a joint account holder signature needed. 1 person must sign their side first then send it then a second email will occur allowing party 2 to sign the other side otherwise it would be considered forgery as only 1 person has had access to the document. I have just 1 question for all you people who refuse to believe that we work our as..es off for all of you. Do you bring a food scientist with you to every restaurant to test the food before you eat it?? My god the BBB rating for safetrust is F because as SAFETRUST we have no history yet freedom financial who has 1000's of tv commercials also has an F as do ALOT of settlement companies mcdonalds has had an F 100's of times stop whining either complete our program and see for yourself or pay back 50,000 on a 10,000 credit card over 17 years this program is for people who want to be debt free not people who want to bitch and moan.

i would rather hire a reputable company.not one where a shill has to come on and talk down to people.spin it anyway you want.your company is not to be trusted.

BEWARE:

Lifeguard Financial is now SafeTrust Financial - These scam artists just switched their name from Lifeguard Financial to Safe Trust Financial because of being barred from all the States for multiple complaints.

Their new website still says Lifeguard Financial on the top left header - fools.

Can you say - dumb thieves just won't stop!

Alex Vilk - National Sales Director and Safe Trust Financial are your new team of Con-Artists moving from one roach motel to another.

BEWARE - http://www.myfinancialsolution.org is the NEW - FAKE Website for Lifeguard Financial which is now SafeTrust Financial.

These are the same people with the same complaints and legal problems for bilking their clients out of their money.

Do not accept calls from SafeTrust Financial - they're trained phone terrorists pitching debt settlement, but they're really just going to take your money. If you get a call and they say they're calling with Safe Trust Financial; hang up.

This company is already on the radar of the Attorney General's of each State and soon will have to find another way to con you.

It's tough out their folks, so hold on to your wallets and make sure these people meet Justice head on!

Thanks for all your help in identifying Alex Vilk as he builds more rat traps.

[COLOR=black]Wouldn’t you think a company that actually cares about their client would have a professional write on here, not someone that tries to take focus away from them by using dumb analogies? I mean lets be real if you care about these clients refer them to a manager so they can call in and speak with someone who can put their concerns at ease. Instead you guys show your true colors by coming on here and speaking the way you do. Take note on their lack professionalism and how much they don’t care about their clients concerns. [/COLOR]

Quote:

Have you read the whole board?? I put my company email on here so you can reach me and have not gotten not 1 email message. How is my analogy dumb Lifeguard was BOUGHT by FBL associates a lawfirm it is now safetrust financial I have worked here since April I have never heard of Alex VILK either. my analogy is dead on NYNEX was bought and expanded and became bell atlantic lifeguard was bought expanded and is now safetrust operating by the way in all 50 states!..... I even went so far in an earlier post as to lay down exactly how settlement works. but everyone just keeps trying to put fear in the minds of people who already are in deep trouble and don't even know it. for instance if you have made all your payments to creditors on time every month never late never delinquent you can still have a 450 credit score simply because of the amount of debt being carried. All I am saying is get all your information before making a decision remember most of the world was positive it was flat for centuries. well surprise it is round.

Unregistered at 8:41 AM,

You stated in your post above:
"for instance if you have made all your payments to creditors on time every month never late never delinquent you can still have a 450 credit score simply because of the amount of debt being carried."

There is absolutely no truth to this. Can you post any data to back up this assertion?
Please do not respond with I knew a guy who knew a guy.

What position do you hold at safetrust?

I have done that go back and read and you will find that I put my company email on here to answer any concerns or questions any client would or could have but I have not received even 1 email so that tells me that the posters complaining on here are not serious. My analogies are right on target debt settlement is a process it is not a miracle. if you sign up for a 36 month program you MUST wait 36 months to see the final result. I find it funny that everyone who complains is someone who drops out before they complete even 1/3 of the process. OH well. read some of the outrageous things people say on here such as attorny generals are looking for safetrust or lifeguard we are at 4 west las olas blvd we have not moved. we were acquired by FBL associates a LAWFIRM who decided to rename us every client is now attorney backed. this was an improvement and allowed us to operate in EVERY state. again my email is [email]astrum@lgf101.com[/email] let me see 1 real client email me with a concern I am sure I can put all concerns to rest.

I am an assistant BRANCH MANAGER and a debt specialist here you look up credit myths at MSN MONEY or go to bankrate.com and check out what I said. 35% of your credit score is based on DTI debt to income ratio. when you are more than 50% of your available credit your score drops every reporting month! PS I used to be a collection agent and know the other side of the street as well. MY WIFE IS ENROLLED AS A CLIENT OF SAFETRUST. and I recommend this program to friends and family in debt as way to get a new start without bankruptcy. this board does not allow links so I repeat check out msn money or bankrate and see for yourself.

Hi Duh,

30-35% of the score is calculated on utilization, how much of your credit lines you have accessed and are paying on. Part of the factoring is relevant to DTI, as you suggest.

Another 30-35 percent is calculated on payment history and depth of credit. Your suggestion of someone who pays on time, all the time, could still have a 450 FICO is a mathematical impossibility.

As a manager and debt specialist, I would think you would know that.

ok you have now accounted for a maximum of 70% of the credit score if the other 7 factors are against you it is indeed possible to have a 450 fico I have seen it many times. go to credit.com and investigate this yourself there are many factors that play into your credit score and paying on time is at maximum 1/3 of how your score is calculated. so 2/3 of your score is based on factors other than on time payments if those factors are all negative your score can be incredibly low.

Duh,

Argue with yourself all you want.

If you want to get your point across as pertains to this issue why not just tune up your sales pitch with something like:

"With your credit utilization being too high as a result of your credit limits being tapped or close to it, no one is going to lend to you right now anyway".

It would be more factually accurate.


Mileage may vary

you have now accounted for only 70% of the score if the other factors are also negative such as address changes and employment history are also negative a 450 is easily possible whether you have a perfect payment history or not. Many clients I have enrolled had no delinquencies and credit scores between 430 & 550. We would never enroll someone with a high credit score as this is not the program for them a cccs program would benefit them more. and if the debt amounts are very high IE. over 150k bankruptcy might be a better option for the legal protections it provides. I always analyze my clients total situation before I enroll them to make sure settlement is a good option for them.

Lifeguard Financial sign me up for the so called ???program??? to negotiate my credit card dept at 55% with my lenders. Instead they took $ 13,755.40 doing nothing. I had myself negotiate credit card dept to avoid litigations. Because of the actions of Lifeguard Financial and the intermediate escrow liaison NoteWorl d LLC. I have to stop my mortgage payments and leave my home foreclosed. When I request to close the account they refused to return me my money.

I would be interested to hear what the Florida Bar would have to say about this "attorney based model".

What the hell is that? A non-lawyer cannot just sell a group of clients to a law firm. All those lawyers did is buy themselves a bunch of bar complaints.

Lifeguard Financial, Safetrust Financial and all the other companies that they were called, will now become NATIONAL DEBT RELIEF GROUP INC. but they are also working with Century Negotiations Inc., they actually are! David Leuthold the owner of CNI, somehow has a controlling or some interest in TASC. (tascsite.org) What I feel is going on with these companies is this:
1. Debt settlement is a new and unregulated business, even if they say its regulated, how can an owner of a debt settlement company make the regulations...
2. People dont understand what they are getting in to, thus they get scared and panic and make complaints everywhere. People should not be signed up if they dont understand.
3. To sell any financial/investment advice or products, you MUST BE REGISTERED with the GOVERNMENT. These companies are not registered and not only that but, NONE OF THEIR EMPLOYEES ARE REGISTERED OR LICENSED THEMSELVES!!! To advice a client to open up a savings account and have them fill out an application for a savings account that you handle, you need a to pass a licensing exam with the SEC!!! To give any financial advice you must be registered at the state level.
4. These companies may have been started with the intent to really help people while the companies still make good money, but with all this panic and lawsuits and Attorney Generals getting in their way, they were bombarded with all these problems, so they looked over their contract and said, you still gotta pay the fees, nothing is refundable, your screwed now fuck off, I got 10 million more people to call.
5. These people are really determined, they have no problem setting up new companies, new websites, hiring people that are uneducated and that are desperate to make money.

So who will win, its hard to say, honestly, people need to get the SEC involved, as this is becoming a boiler room operation, where unlicensed and unregistered representatives (even minors) are selling financial advice and products. That would put a nice halt to this business and finally get legitimate people taking care of people with debt problems.

DONT EVER TRUST ANY REGULATION COMPANY THAT IS NOT A .gov SITE. They are not government and are not in control, not even the BBB.org is reliable anymore!

I have used them and it has been over seven months and they have done nothing for me...

Lifeguard Financial, Safetrust Financial and all the other companies that they were called, will now become NATIONAL DEBT RELIEF GROUP INC. but they are also working with Century Negotiations Inc., they actually are! David Leuthold the owner of CNI, somehow has a controlling or some interest in TASC. (tascsite.org) What I feel is going on with these companies is this:
1. Debt settlement is a new and unregulated business, even if they say its regulated, how can an owner of a debt settlement company make the regulations...
2. People dont understand what they are getting in to, thus they get scared and panic and make complaints everywhere. People should not be signed up if they dont understand.
3. To sell any financial/investment advice or products, you MUST BE REGISTERED with the GOVERNMENT. These companies are not registered and not only that but, NONE OF THEIR EMPLOYEES ARE REGISTERED OR LICENSED THEMSELVES!!! To advice a client to open up a savings account and have them fill out an application for a savings account that you handle, you need a to pass a licensing exam with the SEC!!! To give any financial advice you must be registered at the state level.
4. These companies may have been started with the intent to really help people while the companies still make good money, but with all this panic and lawsuits and Attorney Generals getting in their way, they were bombarded with all these problems, so they looked over their contract and said, you still gotta pay the fees, nothing is refundable, your screwed now fuck off, I got 10 million more people to call.
5. These people are really determined, they have no problem setting up new companies, new websites, hiring people that are uneducated and that are desperate to make money.

So who will win, its hard to say, honestly, people need to get the SEC involved, as this is becoming a boiler room operation, where unlicensed and unregistered representatives (even minors) are selling financial advice and products. That would put a nice halt to this business and finally get legitimate people taking care of people with debt problems.
If you were to read this contract, I dont know how anyone in hell could sign it. I can upload their new contract somewhere...

Hopefully it doesn't say in your contract that you have to pay their legal fees if you sue them or take any legal actions. You are SCREWED! You have 2 choices, keep paying them, or stop paying them.

BY THE WAY LIFEGUARD FINANCIAL and SAFEGUARD FINANCIAL CLOSED THEIR DOORS AND RAN AWAY WITH YOUR MONEY!!! LOL

They are now National Debt Relief Group!!!
Their new website it::::::
nationalrelief.com
if you want to see the contract, click login
then View documents
the user is 7000002 pass is 11229

You want to know where your money went. The Owner of the company got himself a nice Mercedes S550. Wooooo hoooo. He even parks on fire hydrants and doesn't give a shyt if he gets a ticket. He is a tough guy, lol. His friends drive nice cars too, a new beemer 328 and g35s and more.

All the guys are russian, Brighton beach scheemers!

Their headquarters are located at
2502 86th St. 4th Fl Brooklyn, NY 11224
But then unsuspecting workers and their branch managers who should know better are scattered everywhere.

All the people are still the same, except they hired new telemarketters. But everyone from Lifeguard Financial, and Safetrust Financial (which was never even registered or anything) are still with National Debt Relief Group!!!