Lifeguard Financial - What are the debtors saying?

They have new leads from CenturyNI.com aka Century Negotiations the owner of that company doesn't care if they scam you! He sold them leads because Lifeguard's leads were dead already. But he did ask that they act more professional, still wont stop them from stealing your money, and not paying employees! I feel sorry for the employees even more, they are all so stupid, they cant figure out its a scam, or they dont care, and they dont even know yet that they wont get paid because the people that are scheming them are in the crowd and making it seem like they will make shyt loads of money.

Its such a sad story, what has america come to that it lets stuff like this go on? You have russian immigrants stealing the hard working american dollar from under your noses and you dont do shyt about it. Such a shame!

National Debt Relief Group will go on saying they have been around for years, they settle 2 million in debt each week, when they didn't open up shop yet, and are NOT REGISTERED AS A COMPANY ANYWHERE!. Lifeguard Financial opened up shop January 2009, Closed shop mid september because people were catching on it was a scam, but you couldn't really know for sure yet because the lowest term plan they have is 12 months, so they closed shop 9 months in. For 3 weeks they had Safeguard financial, which was just completely dead because the leads dried up, which were stolen from a real debt settlement company in the first place, but they are all just scheming dirtbags. If only Hitler was still alive, shesh, we wouldnt have debt to worry about in the first place, (no jews stealing from hard working people.)

pleasereducemydebt.com in assssociation with United Capital Partners, Inc. another member of the national debt relief group

6451 N Federal Hwy. Suite 1200
Fort Lauderdale, FL 33308 (954) 343-3418

by the way people most debt settlement companies are owned and operated by foreign nationals. I have located such companies in India, Philippines, Colombia, Canada, Mexico, etc..

I just told you where their headquarters are located.
2502 86th St. 4th Fl Brooklyn, NY 11224
They come here once in a while, but branches are spread out everywhere.
I went for the interviews / training, and I am a friend of a friend of one of the branch managers, I have much more info if needed. They have been reported everywhere already, more reports will help. So if you get scammed, go to the fbi, news agencies and police, you know where the people behind it are.
The whole operation is a scam, stay away.

The headquarters is a sprint office. The owner of the office is running the whole operation everywhere.

Debt to income ratio has nothing to do with credit score. Your debt verses your available credit is the ratio that affects your credit score. You obviously have no idea what you are talking about.

Lifeguard is great at the end of the program all my debts were settled!!!

They are fraud, they are doing business in states where they are not licensed, they went from Loan Modifications to Debt ....dirtbags

how'd u know they did loan modification? they did. I even saw the applications and pitch.

They went from Lifeguard Financial to Safetrust Financial recently and they still have an "F" rating with the BBB they tried and failed to counteract the rating via the name change because people caught on quickly. A very high percentage of people they enroll in their programs (those gullible enough) never make it through the end. Their phone reps lack any financial knowledege and care little about the people they call, they work for their commission and residuals that's it. The objective of the program is to enroll you and have you set up a noteworld account where they start debiting their fees upfront for at least the first three months and very little goes toward your actual debt. PEOPLE wise up...in order for them to make good on their so called promises your debt has to go several months unpaid before they can even engage in talks to settle them with creditors and several creditors are off limits to them. They won't even touch your debt until you have a substantial amount of money in your account to negotiate anything and that's after their exhorbatant fees have been paid to them. Sometimes it can takes years to settle, that's why they have these 36+ month programs while your credit suffers even worse. In the meantime you can be sued and they will say it's out of their hands at that point. Stay away from the TV and radio adds or filling out anything online that claims to help with debt or mortgages, the calls all go directly to them. They have several different websites. Also, if they manage to get around to settling your debt, they settle for less than they tell you and keep the balance. Now, they added so called attorneys to the mix of the new company so it can give them leverage to practice in additional states that were off limits before. You see debt settlement was barred in some states but attorneys are exempt, see how tricky they are and in order to further dupe their innocent victims they now claim they are a member of the USOBA (United States Organization for Bankruptcy Alternatives), means nothing, it's an organization that you merely have to pay for membership so they can attempt to make you appear ethical, USOBA claimed recently that most debt settlement companies automatically get a D-F rating on the BBB, they'll say anything, these are their clients, the people who pay their bills. Lifeguard, Safetrust or whoever they claim to be today goes through great lengths to ruin lives, you are better off negotiating with your creditors yourself than paying someone to do it for you. They have no "special relationships" with banks or creditors as they claim, at least not anymore than you do. They are simply looking to make a quick buck from the people who can least afford it. RUN while you have the opportunity. How do I know all this? I am embarrased to say I know several of these scumbags personally and I get disgusted whenever I listen to them brag about what they do to innocent folks out there.

dont get suckered into filling out the form on the USOBA website for more info, you get filed in the system as a lead and guess who the calls go to? you bet, the sharks.

i worked for them and they sold me the BS too. they dont pay employees and they fight among each other. turnover is crazy and new branches open and close and they take your cash and skip town. watch out for these clowns selling you bridges in brooklyn. they are sad and the script is wack. don't give them your social or your money. frauds.

I've been evrolled since April, and none of my bills have been taking care of. Actually, I have only $233.00 toward my bills after many months of money being withdrew from my account, some of my bills have hit collections and everytime I call customer service and ask for a copy of my aggreement, they act like they are checking out my info., yet I haven't received anything in the mail. I really wanted some help, but the way I'm getting treated with their legal team, customer service I think I'm going to cancel.

[COLOR=black]Cancel ASAP!!!! They will take your money and do not care about you or your situation. I worked there just long enough to realize they were not really helping people out. They shouldn?t be allowed to be in business!! How do you just add an attorney NOW, after they always claimed to have one. That is a red flag to any client that enrolled 5 or more months ago. I bet you were told they had an attorney back then too. They were already practicing in states they couldn?t do business in. This attorney was brought in to try and clean things up but I don?t trust that he will be able to after the mess they have created. Don?t know what attorney would sign on to put his license at risk. Imagine how much of your hard earned money they had to pay him to do it. [/COLOR]
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[COLOR=black]**When cancelling here is the best way to do it. Do not call lifeguard and tell them you are cancelling! Call noteworld and request a balance statement of your escrow account, this way you have a full accounting of the monies paid in and fees they took from you. Tell Noteworld you want to close your account and have them send you the money that?s in there. This will be the only way you will get back any money. According to the agreement you signed they can keep 15% of the debt amount enrolled when you cancel. That?s a lot of money, and they will keep it!! You can tell on the BBB because almost all their complaints were resolved as agreeing to perform according to contract. What that means is they agree to keep your 15%. After you get your money from noteworld, then call lifeguard and request the difference of the money that you've paid in. If they refuse, which they will, call your states AG office, their state AG office, the BBB and the FTC!!!!! [/COLOR]

Safetrust financial formerly lifeguard financial located in florida settlements handled by FBL associates located in Florida. HAS NOTHING AT ALL to do with national debt relief group located in Brooklyn NY settlements handled by CNI all employees trained. andto give any INVESTMENT advice you must be registered. financial advice is a personal issue and the sec has 0 to do with that. And to the fool who said debt to income ratio has nothing to do with your credit score please go to msn money or bankrate dot com or credit dot com and learn about how your score is calculated.

I am having the same issue and Im worried. I saw that you posted this earlier this year, how did it work out ???? Im freaking out over here, getting letters from lawyers and stuff! WTF?

call 888 333 3860 and then send in the letters so that FBL can address them.

Lifeguard...Safetrust...whatever you want to call them, they are a scam scam scam...i worked for them for 2 months before i found out what really happens on the back end. They don't do anything for the customer but collect fees. ****Since Safetrust/Lifeguard began doing debt settlement there has not been one person to finish the process**** The way to get ALL of your money back, simply send them a letter in writing telling them you will be contacting the AG in your state if they do not return the fees within a week. We were given specific instruction not to tell clients they could get their money back unless they threatened with the AG. You can also accomplish this by calling, but do they even answer your phone calls anyway?....my guess is no.

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i am about to enroll in their program, but still in the opt out window. Read the whole board but still unsure. My bank wont loan even w/ 740 ficos due to other factors. this is the source of my desperation. I owe total of 14k w/ 2 cards, but still am not delinquent. I respect the stance that you must complete the program, but being sued scares me big time. I read the contract 3 times but only now understand that they wont settle till the end. Which leads me to favor the other key point. I might as well save the min payment fees and make settlement offers my self. If only I could get a Proper consolidation loan. Any suggestions Please!?

National Debt Relief Group, AKA SafeTrust Financial, AKA LifeGuard Financial are now located at:
263 52nd Street 2nd Floor
Brooklyn, NY 11220
The crooks are there, go get them!

2. NO COMPANY HAS THE ABILITY TO MAKE SURE CREDITORS STOP CALLING YOU IMMEDIATELY, IT USUALLY TAKES 90 DAY 120 DAYS AFTER NOT PAYING CREDITORS. ANYONE THAT TELL YOU OTHERWISE....PLEASE TAKE THAT AS A SIGN OF "ILLEGITIMATE COMPANY".
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This is not true.

I have worked in the industry.

When you enter debt settlement a good company will contact your creditors and say you are in Debt Settlement...and send Cease and Desist letters. Laws dictate the creditors will have to deal with your Debt Settlement company. If they continue to harass you....that is a violation.

So you admit that you advise clients not to pay creditors. Guess so they can pay you instead. Your bottom line is to make as much money off your already debt beaten clients right?

I just signed up 3 weeks ago. First payment went out last week. I am getting non stop calls from creditors, whcih I can deal with, but I am still not sure about the company. They keep changing their name, First it was Lifeguard Financial, now it is Safetrust Financial, their website lgf101.com points to FBL associates. Why so many names in short period of time? That is what concerns me. I am thinking to withdraw my contract, close my bank account and go with a debt management company, like careone. If any genuine client is out there, I would like to meet him/her personally, no matter where in US is he/she. Genuine Clients -> Please respond.

The company is complete fraud. I just found out that the branch office in Cherry hill, NJ changed the name and address 3 times in the last 1 year. The same goes with Lifeguard. That alone tells you enough. Why would a reputable company change places and addresses and maes, unless they are trying to hide. I was so stupid to believe it, and I kick myself in the butt. First payment of $1600 went out of my bank. I just sent a fax to noteworld and wrote a letter to them also, sent a fax to my bank also. I will keep you guys upto date about what happenes. DON'T FALL FOR IT. Their plan is to sign you up in 1-2-3 year program, and after 9 months, the company changes name and diappears, leaving you behind depp in the pit of debt. Do not hand over you rlife to them. They are total Scam, with FFFFFF rating at bbb.

Lifeguard will be the subject of an enforcement action before the holidays are over. . if you gave them money, hire a lawyer to get it back. . .

i went with this company thinking it was a great company. They dont tell you they charge over 1100.00 fee to set up the account with another company. I have made two payments of 270.00 and have 8.01 in my account. I called to cancel and its 500.00 to cancel. What a rip off and the creditors are still calling daily. BECAREFUL do your homework I didnt do mine now im getting ripped off.

i went with this company thinking it was a great company. They dont tell you they charge over 1100.00 fee to set up the account with another company. I have made two payments of 270.00 and have 8.01 in my account. I called to cancel and its 500.00 to cancel. What a rip off and the creditors are still calling daily. BECAREFUL do your homework I didnt do mine now im getting ripped off.

solicitation removed ---mobile

[QUOTE=Anonymous;489402]I just signed up 3 weeks ago. First payment went out last week. I am getting non stop calls from creditors, whcih I can deal with, but I am still not sure about the company. They keep changing their name, First it was Lifeguard Financial, now it is Safetrust Financial, their website lgf101.com points to FBL associates. Why so many names in short period of time? That is what concerns me. I am thinking to withdraw my contract, close my bank account and go with a debt management company, like careone. If any genuine client is out there, I would like to meet him/her personally, no matter where in US is he/she. Genuine Clients -> Please respond.[/QUOTE]
Call me, we won't charge you one single fee upfront. I will make this worth your while. The fact that they have changed there name so many times in a short amount of time is a red flag. deleted...pm I promise you we do not charge a single dime until we have successfully gotten a settlement for you. It isn't an out of pocket fee. I would love to get the chance to talk to you and explain. I can lower our fee, if it will cost you to cancel, so it will still save you more in the long run. We average better reductions, because we never take any portion of your monthly payment, and that means we can pay off your creditors sooner. So we in turn get better reduction. We settle debts on an individual basis, and not a pool of clients all at once. Financial hardship greatly helps our settlements. call and ask for Kari.

soory kari,but no solicitation allowed...paulmergel.

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I posted a comment a couple of days ago. I was trying to cancel my plan with Safe Trust (Lifeguard) I was able to cancel. Not by their will, but by force. Since I did not sign any paper documents, I went to the bank, reported that payment as an un-authorized payment, closed my account and I am supposed to get the credit tomorrow from the bank. In the meantime, I also sent a fax to noteworld, and a written letter to them also.

Before trying to do settlement, I was with Care one Credit - Debt Management. I was with them for good 2 years. Excellent company with A+ BBB rating. I called them about an hour ago, and asked them about debt settlement. They do offer debt settlement. The gentleman was very helpful, we spent almost 45 minutes over the phone. He explained me everything about the fees. and with 67,000 debt, I enroled with them in settlement program. Their fees are as follows. $50/month service fee. $400 activation fee (goes out of trust account in second month). Then they take 30% of savings on debt settlement with a max of 24% of total settlement. For example, if the debt is $10000, if they settle for 6000, saving is $4000, so their fee will be 30% of $4000, which is $1200. Since 1200 is less than 24% of $6000 (which is $1440), so their fee will be $1200. So the actual saving for consumer will be $2800. That is how I understood.

As far as calls from creditors are concerned. Well, so far I am getting them. But after about 1 week of making the first payment, they are supposed to stop. Because the company sends letters to creditors I will further update you guys in that regard.

Any one looking for debt settlement - go with A+ rating company, care one credit. google it, you will find them. Whoever said, that all debt settlement companies have F ratings is a lie. Proof is right here. A debt settlement and debt management company with A+ rating. Go figure.

Care one credit is a debt management company . It is not a debt settlement company . They refer client's that don't qualify for a DMP to Persels & Associates, LLC a national law firm that offers debt settlement. FYI--- They have a C- rating with the BBB. The post about the BBB being biased against debt settlement is true. Go to TASC's site to read more about the response towards the BBB's position on debt settlement.

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Was nearly scammed into working for these monsters

There are two different Debt Settlement company Models. One is like a life gaurd or Brite debt solutions they do not contact your creditors until you have accumulated enough money to settle the debt and then they will settle your debt BUT they send a welcome package with Cease and desist letters that you have to send to your creditors yourself.
The second model is a Consumer Law Firm, with this type of settlement or Debt resolution company the lawyer contacts your creditor immediatly and if at some point you need legal representation they will provide that a company like Life gaurd or safetrust whatever they are this week will not. BUT no matter who you use the creditors will keep calling for a minimum of 30 days and say anything to scare you into sending them money Things like we don't accept settlments (every creditor accepts settlement except credit unions).
Debt settlement has been around since the 50's it is not a scam but pesonally I would rather deal with Lawyers than a typical debt settlement compnay.
A little side note the owners of LGF had a Loan Modification company they shut down just before opening LGF and left many people hanging with out finishing thier loan modification.

This company is a scam. I spoke to an attorney about my friends situation because she signed on with lifeguard. He told me that any company who makes you put money into a separate account is a fraud. You could put that money aside yourself without the fees and pay a credit card company the same way without the middle men. They don't deal with her creditors and she gets repeated phone calls. Watch out. These companies are praying on the innocent. They say they have an a rating but that is not true check for yourself. Why would you sign over power of attorney to your bank accounts to anyone. They can take everything you have.

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Then why do you not reply to my calls and fax messages?? It is pathetic!!!!!!!!!!!!!!!!!!!

renee im confused as to who you are trying to reach?

this is a scam

People, beware! Hold onto your money! What a dummy I am, they've had ALL my money for more than 60 days. Can't beleive I fell for this! My creditors have not been paid and report that they have never been contacted by Lifeguard/Safetrust or whatever they call themselves. Dan Ruocco and Derek Schaffer are good talkers! BEWARE!!!!!

lifeguard finacial is a ripe off. I too called several times over a 6mo period and was put on hold then hung up on. because of my continueing calling they sold me to fld fin. which i canceled everything called a attorney, bbb, attorney generals office. I have recieved some money back. still trying for more...

I googled the number that is recurrent on my cell phone 713-337-0733 and came up with this company and read all the posts about how they are harrassing many other people with the consistent calls and no messages. Wish they would just STOP!!!

jesus this never ends with lifeguard safetrust financial and national debt relief group ndrg whatever, people will scam you till you die.
in the meantime, enjoy life

hehe

call888-333-3860 and talk to my representive I am not sure that is who you have. We have our charge account calling & warning us. But she tells me not to talk to them so I hope this is areputable firm. She also informed me if it goes to court there is a lawyer in our state that will represent us. We are like u hopefully it isn't a scam.we are going thru the same with lifeguard financial. IQuote:

lol.. this is the same guy posting non stop.. all the same stuff .. all bs.. its funny stuff.. people don't listen to competitors. thanks John, stop abusing this blog