| Credit Consultants Review |
 This is a popular name for a business in this industry as is evidenced by the fact that there are multiple listings under this name on the Better Business Bureau website. This company, however is based in Nevada with a customer service office location in Houston, Texas; and also has a DBA name of International Diversified Funding. They have one of the longest running tenures in this business. Quick facts about Credit Consultants: Founded in: March 1998 Years in Business: 11 Number of employees: Not disclosed. BBB Rating: C+ BBB complaints: 25 in the last 36 months which have to do with billing or collections, contract issues, customer service, refund or exchanges, sales practices, and service issues. To their credit, 24 have been closed and 1 was closed administratively. Free Information: From their website and via their toll-free number. Escrow or Payment Plan Available: Payment plan, but nothing is said about escrow. Source of Funds: Your monthly “savings” plan, based on your budget. Fee Structure: One of the highest in the industry at 20%, plus there is a monthly fee of $39 and a settlement fee of 10% of the settlement savings. Avg Settlement: Not disclosed, but they do show a sample of their results which are not verifiable. Refund Policy: Not stated. About the Company 
Based out of Lake Tahoe, Nevada, this company has been around among the longest of any debt settlement companies we have reviewed. Maybe that is what they use to justify their exorbitant rates. Beginning the Process A call to their toll-free number or by filling out the form on their website at www.ccdebthelp.com Types of Debt Serviced Not disclosed. Worth Noting There is very little information about their program given on the website. Their “fast answer guide” is indeed fast – only four short paragraphs under the headings of: how it works, qualifications, payment and effects on credit. These are all the standard things that you would see on other debt settlement company websites, too. Program Caution and Your Responsibilities You must do more in order to check out this company because of the little information that is given on their website. Will Debt Collectors Still Call? Not discussed. Other Information They are members of The Association of Settlement Companies, the Center for Financial Certifications and the United States Organization for Bankruptcy Arbitration. There is no claim on the percentage of debt that is reduced, just “less than the full balance.” They also claim to provide their “clients with unrivaled results” which is almost impossible to qualify as valid. Still, being in this business for 11 years carries a certain amount of credibility that we think warrants a look at them. Related Articles: |
| < Prev | Next > |
|---|