National debt relief program - Is it a scam in USA?

Seems the company is based out of Midvale, UT, but their website leads to a landing/capture page and lists other companies in the debt industry. Could be a lead generation company.

National debt Relief has got a F rating from BBB. So, check its credentials. You may follow the points mentioned in the following page: -
Points that can be followed for selecting a good debt settlement company

Governmental Agency my butt, thanks for the warning!

It seem the president(notice no capital) is getting RID of the MIDDLE CLASS. Only people gaining are he ones that work and live off the system or should I say the one we had!

Mr. President need to give a relief for everyone. We American people need jobs. All of the Gov't and private contractors are asking for background checks and if you owe debts, no jobs, no job will be awarded they tell you no. This need to be address . Protest people for more help.

I got this letter too. These are ???debt consolidation??? companies. They tell you to stop paying your credit card debt and they will ???handle??? your account for you. Don???t be stupid. I was??? I hired My Credit Solutions and they sent a letter to both of my credit card companies saying they were hired by me to handle my debt. Which in ???plain English??? means they tell your creditors to get off your back for a few years while you save up a negotiated ???portion??? of the money you owe. You pay them a monthly fee and when you have ALL the money, they pay off your credit card debt. They charge a small fee for themselves (of course)
What they don???t tell you is they aren???t paying any of your debt until you have the grand total in your bank account. That means your credit card companies aren???t getting ANY money until 4-5 years. Keep in mind they don???t HAVE to deal with whatever debt consolidation company you hire. They run credit checks on you every week, which knocks your credit score out of the ballpark. (I went from a 790 credit score to a 540 in 6 months) If they see you have any assets, or that you are paying your mortgage on time, they can and will sue you. (if they see you have any money, they will not let you slide) 5 months after I hired My Credit Solutions I was served a summons that one of my credit cards is suing me. (they saw I paid off my car and was paying my mortgage on time). I had to fire My Credit Solutions, deal with the collection agencies and work out a plan with them.
So in a nutshell, call your credit card companies and handle it yourself. You can usually get the same rates as debt consolidation companies. One tidbit I learned the hard way is??? my bank of America credit card balance was $19,000. BOA offered me a settlement of 11,000, but I had to pay it in 4 equal payments. I knew I could not afford that, with their 28% interest rate, so my account went to collections. When you make payments to the collection agencies (not the credit card companies directly) the interest rate is about 8% (depending on your state). Had I known that, I would have let it go to collections long before that to get the lower interest rate so I could put a faster dent in my debt.
So when your credit cards do go to collections, don???t blow off their calls like I did. (they can be extremely rude). They are willing to work with you and your debt problem will get handled. As for the letter you got in the mail, toss it. Those companies provide a service you can do for yourself.

I just wanted to say that I received a letter regarding national debt relief program as well. I am already with a company - CareOne Credit Counseling AKA CareOne Services. They have an A rating with the BBB and they do distribute payments monthly to your creditors. I know this because there are times that I have had to change the dates and I have had creditors call to confirm that I'm making a payment...other than those instances - creditors don't call me. They submit offers on your behalf and I did have a few creditors want more...but I'm still paying less overall through them than I was on my own and again, no calls from creditors anymore. You do pay a monthly fee to the company...in my experience, their customer service is impeccable.

not a govrnment agency but truly helpfull....call 888 217 9216 ext 7824

If you have no assests, there isn't a lot that credit card companies can do to collect. In some states they can garnish your paycheck, but only for a small amount. And if there is no activity for 7 years, (no payments by you and no lawsuit by them) the debt does just "go away". If you are married, put all assets in your spouse's name. And when the collection agencies call, just tell them that you are recording the conversation. Then tell them to stop calling. By law they must.

Regarding Post #7 above. You say that the collections agencies charge less interest than the credit card companies involved. I had always heard that once an account goes to collections, your credit rating pumults, and there is no need to even settle with the collection agency, as they have bought the account from the creditor, pennies on the dollar, hoping to intimidate you to pay your debt in full, thus making a profit. Guess my question is.....does the collection agency turn in favorable reports to the credit bureaus on your behalf, if you settle with them, and does making the payments help your score ?

There are two kinds of collection agencies. The first one is legitimate and represent the creditor. If they collect, then the amount is forwarded to the creditor but creditor pauys fee. The second is to buy junk credits. If junk credts people contact you, demand a legal proof, by which the collection must prove that they are the legitimate creditor.

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How do you know a Junk collector vs the card company collector...?

Keep in mind that settlement with a third party collection agency is typically cheaper than the original creditor or creditor representative. Because they purchase the debt for pennies on the dollar, they are willing to settle for much less than the original creditor. The original creditor is trying to mitigate it's loss while the collection agency is trying to turn a quick profit.

I worked with XXXXXXXXXXXXXX, they are located in San Diego, California and they offer the debt settlement plan. From my experience, they helped me a lot. They explained about potential lawsuits, and the incredible rate they have, check out this examples: XXXXXXXXXXXXXXXXXXXXXXXXXXX They also told me on how te accured interest would increase my debt over the time due to non payment and how they quote clients at 50% instead of 40% like all the other comapnies do. The best of all is that they charged me 10% of fees instead of the 15% like the other companies do. They reached my first settlement on the 7th or 8th month, dont recall exactly. I am comparing all these factors, because my father in Law used another company, Debt free America or something like that, and he had a lot of problems. I personally saved around 22K i owed like 50K or so. The most important thing to me was the TIME, I was free of debt in only 28 months.

Their phone number is: 1-XXX-XXX-XXXX

Please tell them that XXXXXXXXXXX told you about them.

solicitations removed --- mobile0311

When your account goes into collections will they settle with a lump sum and /or a payment plan?

i just received this same letter from NATIONAL DEBT RELIEF PROGRAM. of course i went right to google to find the info i needed.

I just received a letter from National Debt Relief Program. Is the coming OK are is it something for me to ignore.

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Thanks to everyone who took the time to share what they have been through, positive and negative. We the "real" people are oboviously the only ones looking out for the little guys. Thanks for helping me and my family from getting into something that wouldn't have been good.

Remember, if you settle for over $600 in most states, you will be taxed on whatever portion you have been forgiven as if it were net income - you get a 1099 form. And the credit bureau report will show "Settled for Less Than Full Amount," and will remain that way and continue to affect your credit score until you pay the remainder. And they say it 'falls off' in 7 years, but when I applied for a home loan, they asked me about a credit card that was "Canceled by Issuer" (bad) over12 years prior (which I explained was because I only used it twice but liked my other card better so it closed due to no activity) - So just a caution, they can SEE a lot further back, it just no longer affects your credit score.

i have been unemployed now for 8 mos, my wife became disabled through a brain anuerism and has remained disabled and on disability for 9 mos. she has huge debts through credit card companies and i have been trying to make payments with my small pension fund through general electric..its been very difficult--is there a solution??

As POSTSCRIPT TO MY REPLAY....THE ANSWER IS "NO" I DO NOT BELIVE THEY CAN THAT THEY CAN BE TRUSTED AND ARE NOT WORTH EVEN ATTEMPTING TO DEAL WITH AS THEY ONLY TELL YOU WHAT YOU WANT TO HEAR IN ORDER TO GET YOU PAY SOMETHING.
AS IN THE RESPONSE FROM #7, THEY DO NOT TELL YOU THAT EVEN THOUGH YOU TELL YOUR CREDITORS THAT SO&SO IS HANDLING YOU ACCOUNTS TO HELP YOU WITH DEBT CONSOLIDATION, THEY CONTINUE TO CALL AND HARASS YOU BECAUSE THEY ARE NOT GETTING ANY MONEY UNTIL THE "AGENCY" THAT YOU ARE DEALING WITH GET THEIR MONEY AND THEN WHAT COMES IN AFTER IS WHAT THEY USE TO NEGOTIATE PAYMENTS.
SAME AS IN THE QUOTE FROM #11, THEY HAVE PURCHASED YOUR DEBT AND IF THEY ARE ABLE TO (AFTER THEIR FEE IS PAID) SETTLE YOUR DEBT, IT DOES NOT APPEAR ON YOUR CREDIT HISTORY AS SATISFACTORY AS IT WOULD HAD YOU PAID IN FULL.
ANY FINALLY,FROM #15, THEY LIE TO YOU AND TELL YOU THAT THEY MUST GET AUTHORIZATION FROM THE ACCOUNT HOLDER TO ACCEPT ANYTHING LESS THAN IS OWED WHEN THEY HAVE THE ABILITY TO MAKE AND ACCEPT OFFERS AT ANY TIME AS LONG AS THEY COLLECT A HEALTHY PROFIT AND ARE CAPABLE OF GETTING THE OPPOSING PARTY TO ACCEPT WHATEVER SUMS THEY ARE OFFERING TO CLOSE OUT THE ACCOUNT, OBVIOUSLY SHOWING AS A SETTLED MATTER AND NOT AS A COMPLETELY SATISFIED ACCOUNT. AGAIN I HAVE TO ASK, HOW ARE THEY GETTING OUR CREDIT INFORMATION WITHOUT WRITTEN CONSENT?!?!?!?!? DEFINITELY SOMETHING TO THINK ABOUT.......NOT AFRAID TO USE MY REAL NAME!

I've been using Take Charge America on reference from my credit card companies. I've been paying through them for over a year and all is going well. I can see the payments made on my statements, they negotiated my interest from 22% to 9%, they take the money directly from a checking account. I never think about how much I owe, just make sure the money is in the account each month. and instead of thinking about the money I owe, I can concentrate better on making money. www.takechargeamerica.org/

Does anyone had experience with a firm from Austin TX named Heritage debt Relief LLC?

that sounded like the most BS posted message ever! Did the last posted message work for National debt relief program?

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I received a letter from national debt relief program a Form 1030 eligibility notice
Haven't called them want to know if they are legit. I am working with an atty now and am not satisfied with what he is doing....

National Debt Relief Program is a scam - They send you a letter in the mail claiming that they can reduce your debt payments, but really only want to make money off of those in debt. Google it and read the 2nd article (from Newson6.com, Tulsa, OK) for more information.

I am reading a book called money makeover and it suggest not to use these companies because it will definetly ruin your credit. It suggest you pay one card off at a time using the extra money you have from paying the first card off applying it to the 2nd and so on.This sounds good but getting it started is hard. When you stop paying your cards because of increase interest (28-29%) the credit companies will not work with you until you have accrued substantial late fees at the tune of $39.00 dollars a month. I did that and worked out a deal with BOA ,but before it got to the reorganiztion 2,000.00 dollars had accrued,so I guess they win. I really hope there was a real gov.national debit relief.

thats great but your not allowed to advertise or steer people to other sites here

I am with consolidated credit counseling service, a non profit, and they are working out great!

Call them. I have been with them for 3 years and am almost finished!
I will never apply for another credit card again! No matter what! They are not for us but against us, seducing us into their bondage!

There are some great debt settlement companies out there that will really help consumers in the time of financial hardship. XXXXXXXXXXXXXXXXXXXX - XXXXXXXX is one of those companies that will negotiate with creditors and will reduce your total amount of unsecured debt and will create a payment plan lasting 12 - 36 months.

"XXXXXXXXXXXXXX" and the letter that you received is a lead generation tool. They are not a debt relief company.

XXXXXXX provide all kinds of debt relief options, especially debt settlement. It may not be for everyone, and one of their experts will tell you what program is right for you.

I have rec'd a letter from National Debt Relief a few times in the mail and I'm not sure they are legit. That's why I came to this website. They have no address or website listed on their letter. I am enrolled in a different debt consolidation program and it DOES WORK and they are legit for those of you who do NOT believe in them. They contacted my credit card companies and got them to lower my interest rates, one of them to 2% and I'm paying it off little my little each month. I just wanted to let you know that IDK about THIS one but there are companies out there that can help and WILL help you!

Shaka?
For those of us that our recieving the National Debt Relief letters, and agree that they are a scam....what is the name of the debt relief company you are using?

i was told that my second mortgage can be totally wiped out if i paid attroney fee of 1,995.00 this all fall under the obnama stimlus packages is this true or fales?

I just got a letter from this company but it has a Washington DC P.O. box. It makes me sort of leary because it seems a little decptive. Is this a reputable company? is that just a marketing stratagy?

Obviously a scam.

Completely FALSE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

DO NOT GIVE THEM ANY MONEY.

NOBODY can do that for you. They only want your money.

Go check the Federal Trade Commission website and any state attorney general and the first thing they'll tell you is, never EVER pay any money to anybody who claims they can modify your mortgage.

Now that I know it is a scam I already gave a partial information to cherrie like my ss# , the bank name but not the account no. and routing no yet, what will happen?

I recieved a letter in the mail from this compaany stating that they can reduce my debt payments. It sound too good to be true so i am checking on them first. Do you have any info on them?

Please send me some information if this company is safe to do business with.

Get the facts from the horses mouth don't listen to these dead beats, who knows who they are or how educated they are. From my perspective call, whats the worst that can happen? You saying "no thanks". Wow and it only takes 10 minutes. Like I said we need the facts from the source not random people. If you need help call your bank, once you find they cant help, call the flier. Get things in writing and your all good. Thats it. Keep it simple.

is this a scam

people the government sucks, because they r the rich ones, why they would care about miserable mid-class people. u r making them rich look as an example this national debt relief program is scam as many other for years and its still going on and on because the herd of plain people is still on count, u the people doing as they tell u, and come again u r going to do it as many times as they tell u. my point, plain mid-class is doomed look for an example the madoff scandal why they arrested the guy, because he screwed with the richest and there is zero tolerance for screwing the rich and legislators who work for them, but the plain people, as tony the italian pizza master, best pizza in town, would say "forget about it". I can go on and on with the examples if written it will out-page the Holly Bible but dont forget that we the people have to get up one day and say this corruption is enough this was not the dream of our four fathers, they started the independence revolution against the corruption and predicted it to last up to 700 years but corruption broke the dream by killing all the dreamers.
thank u for your attention America.

My friend used a NDRF from the fed. gov. she rec'd a check in the mail for the amt she owed on her bills. She signed a contract to pay $230. back for 3yrs this will be 40% of what she owed for all her bills. Does this sound right to you? [email]ladyolivia1947@verizon.net[/email]

Is this a reliable co. Debt resolution division address 1101 Pennsylvania ave NW 6th fllor Washington DC 2004 tel 1877 471 0800/ 18772941025

I have looked into this address 1101 Pennsylvania ave NW 6th fllor Washington DC1101 and it seems to be a Virtual Office to make it seem like a government agency.

regus.com/DC/virtualoffices/dc.html

Look at this website and it states that floors 5, 6 and 7 at 1101 Pennsylvania Ave is a virtual office to make it seem like they are based out of a prestige government address, Obviously the white house is on Pennsylvania Ave so this makes it much more serious.

There actual address is
National Debt Relief Group


THIS COMPANY IS A FULL BLOWN LIE, Everything they do is a pitch and it is scary.

National Debt Relief Group has a B+ Rating with the BBB and is a memeber of TASC, USOBA and IAPDA. They are not a scam in any way. They help thousands of consumers get out of thier credit card debts. They will help negotiate with your creditors and will get you settlements that will actually get rid of your debt.

National Debt Relief is a ligitimate company, located in NY that will get you get of out debt. The BBB rating is B+, and they are a memeber of TASC and USOBA and IAPDA. Their site is **, they dont try to look like anyone else, they are who they are. I know that they have thousands of clients, I have seen their operation as well as their back offices.