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Ask Jean: Concerns With Debt Settlement

iStock_000008575134XSmall“I talked to Credit Solutions today. Are they a well trusted company to go with for debt solution?” – Mica

Mica,

No, no, no.  Do you know how I know this?  I went on the website of the company — Credit Solutions — looked into the about the company menu and found that they are based in Dallas, Texas.  Then I googled, “Credit Solutions, Dallas, BBB.”  I was looking for the Better Business Bureau report on this company.  It came up right on top.  And it is NOT pretty.  The BBB gives this company an F (and yes, that’s on a scale of A to F just like school).  The BBB said this:

BBB Rating
Based on BBB files, this business has a BBB Rating of F on ascale from A+ to F.

Reasons for this rating include:

Click here to read the full report.

Go to debtadvice.org and find yourself a not-for-profit credit counselor.  Debt Counseling, yes.  Debt Settlement, rarely.  I, for one, would steer clear of this company.

-Jean

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