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National Financial Assistance Bureau

Date: Thu, 03/04/2010 - 10:06

Submitted by Kirstin Pruyn
on Thu, 03/04/2010 - 10:06

Posts: Credits: [Donate]

Total Replies: 23


Does anyone have information on this company. My boyfriend signed up wth them to consolidate debt. He has paid the $700.00 and his creditors are still harrassing him? Any information on how to tell if they are legit? Thanks.


Quote:

Originally Posted by Kirstin Pruyn
Does anyone have information on this company. My boyfriend signed up wth them to consolidate debt. He has paid the $700.00 and his creditors are still harrassing him? Any information on how to tell if they are legit? Thanks.


The settlement company should receive accreditation from at least one of these institutions - BBB, TASC, IAPDA or USOBA. Check out with whom they are listed with.

Hasn't your boyfriend reported to the settlement company that he is still receiving harassing calls from his creditors? He must immediately do so and also maintain a log of the calls to present it to the settlement company. He must also direct creditors to the settlement firm. If the firm fails to stop collectors' calls, you may then have to check out options to get your money back from them.


lrhall41

Submitted by SC on Thu, 03/04/2010 - 22:11

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Quote:

Originally Posted by Kirstin Pruyn
Does anyone have information on this company. My boyfriend signed up wth them to consolidate debt. He has paid the $700.00 and his creditors are still harrassing him? Any information on how to tell if they are legit? Thanks.
I searched the BBB and they actually have an A+ rating as of the day I checked and so I joined and have been with them for 2 months and now that the money is flowing in, I cant get a hold of the person I'm supposed to deal with plus Fee's are just popping up everywhere?! And the creditor calls just keep commin' 8 times aday and they just say just hold tight it will stop and the creditors say they wont stop because they haven't received a settlement yet from National Financial Assistance Bureau and they should have by now??? I've lost $850 so far. I recommend staying away from this "company".


lrhall41

Submitted by on Sun, 03/28/2010 - 21:24

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Quote:

Originally Posted by Anonymous
my husband and i signed up with national financial assistance bureau 3 months ago and agter the calls got so bad we cancle d. we went to antoher company and they are doint a great job. we lost over 800$
Can I ask who that other company is? I'm in desperate need!


lrhall41

Submitted by on Sun, 03/28/2010 - 21:26

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Quote:

Originally Posted by Anonymous
Can I ask who that other company is? I'm in desperate need!



You can check out the company's raking chart to find a settlement company near you. You can also ask your acquaintances, who have used the services of settlement firms, to suggest you a reliable one.

If you are dissatisfied with National Financial Assistance Bureau, you may consider filing complaints against them with the FTC and the BBB.


lrhall41

Submitted by SC on Sun, 03/28/2010 - 22:02

( Posts: 3937 | Credits: )


One of the ways you can tell if a debt settlement company is legit is first by seeing who they are affiliated with. With they are members of the United States Organizations for Bankruptcy Alternatives (u.s.o.b.a. for short) then they are most likely following strict guidelines that they must adhere or to or run the risk of being reported and fined heavily.


lrhall41

Submitted by on Wed, 04/14/2010 - 08:21

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Quote:

Originally Posted by SC
You can check out the company's raking chart to find a settlement company near you. You can also ask your acquaintances, who have used the services of settlement firms, to suggest you a reliable one.
If you are dissatisfied with National Financial Assistance Bureau, you may consider filing complaints against them with the FTC and the BBB.

Try Green Path debt solution's They're HUD approved. Seem to be doing a good job for us. I do have to admit initially the debtors phone calls drove me up the wall. Once I got use to telling them Green Path was who they would need to call or settle with and thank them for calling. My revenge was so sweet I just hung up. My husband would giggle, but Green Path said they would handle it all the negotiations and payments. What a dream,can not describe the good feeling.


lrhall41

Submitted by on Mon, 04/19/2010 - 13:56

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Quote:

Originally Posted by SC
The settlement company should receive accreditation from at least one of these institutions - BBB, TASC, IAPDA or USOBA. Check out with whom they are listed with.
Hasn't your boyfriend reported to the settlement company that he is still receiving harassing calls from his creditors? He must immediately do so and also maintain a log of the calls to present it to the settlement company. He must also direct creditors to the settlement firm. If the firm fails to stop collectors' calls, you may then have to check out options to get your money back from them.


Nobody can stop a first party collector from calling you but they will have been sent a power of representation letter which informs them of your enrollment. It is their goal to get you to drop the program...so just let them know you are enrolled and give them the companies phone and fax number...then politely hang up.


lrhall41

Submitted by on Thu, 04/22/2010 - 11:23

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Quote:

Originally Posted by Anonymous
One of the ways you can tell if a debt settlement company is legit is first by seeing who they are affiliated with. With they are members of the United States Organizations for Bankruptcy Alternatives (u.s.o.b.a. for short) then they are most likely following strict guidelines that they must adhere or to or run the risk of being reported and fined heavily.



NFAB is a member in good standing with USOBA....you can verify that by calling 877-768-7622


lrhall41

Submitted by on Thu, 04/22/2010 - 11:25

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Quote:

Originally Posted by Kirstin Pruyn
Does anyone have information on this company. My boyfriend signed up wth them to consolidate debt. He has paid the $700.00 and his creditors are still harrassing him? Any information on how to tell if they are legit? Thanks.




The parent company Jackson Federal Mortgage has an "A" rating with the BBB and has been in business since 1995 with no unresolved complaints. Why would they tarnish that reputation by doing bad business with their debt division? Wouldn't make much sense. You are experiencing normal debt settlement issues...the company has not mislead you.


lrhall41

Submitted by on Thu, 04/22/2010 - 11:40

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Quote:

Originally Posted by Kirstin Pruyn
Does anyone have information on this company. My boyfriend signed up wth them to consolidate debt. He has paid the $700.00 and his creditors are still harrassing him? Any information on how to tell if they are legit? Thanks.


Saying your boyfriend has paid $700.00 does not mean that creditors should not still be calling. If I owe you $40,000 and I pay you $700 are you still going to call me to try to get the rest of it? Creditors have the right to call you and try to collect on a debt that is owed, (In regards to your question how can you tell if they are legit) I just looked them up and they are Members of U.S.O.B.A and they are members of I.A.O.P.D.A, International Association of Profesioinal Debt Arbitrators, as well as members of the Chamber of Commerce, so they seem to be Legit, My advice is to let your creditors know that you are enrolled in a settlement program and give them the number to the company your signed up with and hopefully that will help. I did a settlement program myself a couple years ago, it's not the most pleasant program to be in, but they work.


lrhall41

Submitted by on Thu, 04/22/2010 - 12:16

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Quote:

Originally Posted by Anonymous
I searched the BBB and they actually have an A+ rating as of the day I checked and so I joined and have been with them for 2 months and now that the money is flowing in, I cant get a hold of the person I'm supposed to deal with plus Fee's are just popping up everywhere?! And the creditor calls just keep commin' 8 times aday and they just say just hold tight it will stop and the creditors say they wont stop because they haven't received a settlement yet from National Financial Assistance Bureau and they should have by now??? I've lost $850 so far. I recommend staying away from this "company".


Most companies charge upfront fees to do your settlement, so if your saying you have only paid $850 and something should have been settled, you have to look at your program and if this company charges upfront fees then $850 would not have been enough to settle an account yet, How much total debt do you have? What is your lowest debt on the list? They should start with the lowest debt and work up the list from there. Example I had a debt of $4500 ot Bank of America that settled for 40%, but you see just on this debt alone I had to have $1,800 saved in order to settle this account. Not just $1,800 though I had to pay the company I was with the first 5 months up front before they settled that account for me. It took some time and I paid a lot of money in fees, but I still only paid a total of $22,000 for almost $50,000 worth of debt.


lrhall41

Submitted by on Thu, 04/22/2010 - 16:15

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I do, I also signed up with them, I have been working w/them for about three mths and nothing has changed my creditors still continuie to harras me via cell phone, house phone and mailings. This company told me they sent all my creditors proposals but yet my credit card companies have no clue who they are & why would they continue to call me, I paid the three payments of 367.42 & guess what turns out all of it is for fees as a matter of fact I looked at my trust account & they are charging me 3600.00 in fees yikes why would I pay that still ruin my credit & deal with this for the nx 4 yrs of my life, instead of either wking with the creditors myself for free since I have done all the wk anyway or file bankrupcy.

This company is worse then the credit card companies they are theifs.

I filed a complaint and suggest you do the same.


Company information:

National Financial Assistance Bureau
1851 Executive Center Dr ST 200
Jacksonville, FL.32207

Go to BBBonline.org

Dont let them take advantage of you.

Jill


lrhall41

Submitted by on Mon, 07/19/2010 - 14:40

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Me too I actually filed a complaint on the BBB, you should too Why should they get your $800.00 you clearly need it thats why you went to them for help and when they do not do as the should why should they get paid, its not fair they lie and do not help! Their fees are ridiculous for what nothing!


lrhall41

Submitted by on Mon, 07/19/2010 - 14:52

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Quote:

Originally Posted by Anonymous
my husband and i signed up with national financial assistance bureau 3 months ago and agter the calls got so bad we cancle d. we went to antoher company and they are doint a great job. we lost over 800$


What company did you go with? This company is not helping me either.


lrhall41

Submitted by on Sun, 08/08/2010 - 11:36

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this program nfab works i was with them for about 3 months before the calls stopped and now it has been a little over 1 year and they have done well it takes 4 years or so to get it all took care of so just hang in there it will all work out do what they suggest and in no time it will be paid off then they will help to get your credit built back up.


lrhall41

Submitted by big dave on Tue, 02/08/2011 - 17:08

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