BBB alert: Complaints about debt settlement companies rising

May 14, 2010 | Posted by: roboblogger | Full story: WCNC-TV Charlotte

Are you burdened by high credit card debt? Have you heard that it may be possible to settle your debt for a fraction of what you owe? The Better Business Bureau is warning financially troubled consumers to beware of debt settlement companies that claim they can easily reduce or eliminate your debt.

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1 - 4 of 4 Comments Last updated Mar 26, 2014
Ray

Salem, NH

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#1
May 16, 2010
 

Judged:

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There are good companies out there that are helping people and all that seems to come out is the bad. has anyone actualy stoped and looked for any good? I know there is good because I see it every day!

there are a lot of debt settlement companies with ZERO complaints. Also look at all the other major companies with complaints, look at all the big banks...

The BBB is a sham that extorts busines owners for money!!!
KIM

Charlotte, NC

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#3
Jul 14, 2010
 
If it sounds to good to be true well then it probably is?
Anonymous

Charlotte, NC

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#5
Jul 30, 2010
 
Ray wrote:
There are good companies out there that are helping people and all that seems to come out is the bad. has anyone actualy stoped and looked for any good? I know there is good because I see it every day!
there are a lot of debt settlement companies with ZERO complaints. Also look at all the other major companies with complaints, look at all the big banks...
The BBB is a sham that extorts busines owners for money!!!
Personally I think that the govenrment is putting a bad name on debt settlement because it almost always rules of Bankruptcy. So they are puttin emphasis on the bad only. I mean the bankruptcy laws where wirtten by whom use to be our Creditors. Somethings fishy about it all. I worked for a Debt settlement company and it was so useful that I told my family memebers about it. The company was back by 48 attorneys for crying out loud! Keep in mind that you can BUY a good BBB score. Look at wachovia and other banks. They have awful amount of complaint but class A? Come on. smh
Angelia

London, UK

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#6
Mar 26, 2014
 
This is the first time I had ever applied for a loan. I couldn't have asked for anything more from the staff that answered any of my questions to the application process. Once this had all been completed the money was transferred quickly into my account. I will definitely be recommending 911PDAY .COM ( http://goo.gl/EvYZBe ) too my friends and family.

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