About two months ago a received a very threatening letter in the mail from Nationwide Debt Reduction Services that I thought was a collection notice. The information on the letter wasn't accurate but it stated,
"Failure to call [us] and make your minimum monthly payments will likely result in interest accruing on your unsecured credit balances at an unreasonable rate."
I did some browsing online first before calling them and found that they are sending out these spam pieces of mail to everyone. I left a review on Google maps and was contemplating on removing it recently until I received another letter. I was frustrated because I don't want other people seeing it and thinking I'm in debt. So I called them and what they say sounded interesting but I hung up and when I went back to look at reviews I made it show low ratings first and I'm not the only one. So I did a google search on the company and found a lot of complaints from the BBB.
I must have spent at least an hour reading on this company. When I found out it was debt settlement and not a collection agency and wanted to learn more about it. Someone very close to me could use this help. But one site gives them a 7.9 out of 10 ratings then another gives them a 2.7 and Yelp is 1 star. So which should I trust. In the 5 star reviews on Goole people are saying "Nationwide Debt Direct" and I find that this was their prior company. It looks like they were collecting fees upfront and now they are not collecting fees until all the debt is settled. I saw someone asked the same question about Nationwide Debt Direct in the forums a few years ago so I'm wondering if I should consider all the information as one or not. I researched other debt settlement companies and I see the same thing. They all have very mixed reviews. Some call them scams and some swear by their services.
I haven't found any lawsuits against Nationwide Debt Reduction Services just a lot of bad reviews and complaints. The BBB has over 50 complaints this year on them and the Consumer Financial Protection Bureau
has a lot of complaints on them as well, and I've found them on complaints sites like Rip Off Report!
I'm considering referring my friend to a consumer counseling program it turns out they also received a letter in the mail but it was from another company in Texas.
Anyone find anything else on Nationwide Debt Reduction Services
? Or have any experience with letters, calls, or being a customer?
Better to not work with them since they have so many bad reviews. Based on what you have said, I wouldn't work with them. Refer a good credit counseling agency to your friend.
Sub: #1 posted on Mon, 05/27/2019 - 00:39Nick Jonas
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