Posted on
July 15, 2009
at
2:10 am
has anyone ever worked with these guys before? please provide any insights on them? i am currently in debt and i want to take care of it
Posted on
July 15, 2009
at
3:20 am
They're affiliated with the Association of Settlement Companies. Having third-party accreditation from a regulatory body is always a good thing--you'll know that the company has standards that aim to provide top quality services for their clients.Debtmerica has actually been very helpful also in taking care of people's debt. In December of last year the company helped out a thousand consumers to settle their debts with different creditors.You can read more on Debtmerica's efforts on this news article: http://www.reuters.com/article/pressRelease/idUS175505+15-Jan-2009+PRN20090115
Posted on
July 15, 2009
at
4:44 am
That seems to be so noble of them. Are they a non-profit company?
Posted on
July 15, 2009
at
5:37 am
Debtmerica isnt a non-profit company, in fact they charge 15% from the debtor as a set-up fee. Another thing I think is notable abt Debtmerica is that they do not guarantee that collections calls would stop, although they can be able to negotiate even that fact to your creditors. Sounds good to me.
Posted on
July 15, 2009
at
5:56 am
Well the BBB seems to think otherwise. They've given Debtmerica a big fat F. Here's the corresponding explanation of the rating:"We strongly question the company’s reliability for reasons such as that they have failed to respond to complaints, their advertising is grossly misleading, they are not in compliance with the law’s licensing or registration requirements, their complaints contain especially serious allegations, or the company’s industry is known for its fraudulent business practices. "Given that the feedback was from the Better Business Bureau itself, I would pretty much use this as a gauge on choosing the right debt settlement companies for me.
Posted on
July 15, 2009
at
6:15 am
The nature of their complaints also deal with compliance to the contract that they have. Given that the BBB's standards uphold trust and integrity between businesses and consumers, I believe this is a very big deal. As noble as they seem to be, the numbers that we receive speak differently.You can actually receive help in regard to your current financial situation. Fill out a form on DestroyDebt.com and you'll be matched with a qualified provider. Consultation is free so you won't worry about a thing.
Posted on
July 27, 2009
at
6:08 pm
Is Debtmerica the same company as Debt America or DebtAmerica.com? I spoke to someone from there a few months ago, but I lost their contact info and can't remember who I was dealing with...thanks in advance
Posted on
July 28, 2009
at
3:14 am
Debt America and Debtmerica are two different companies, though DebtAmerica.com redirects to the former's website. Debt America is another name for Legacy Asset Management LLC, another debt consolidation company that deals with credit counseling.
Posted on
July 28, 2009
at
6:10 am
And just so you know, Legacy Asset Management actually has an A- with the BBB.
Posted on
August 17, 2009
at
4:41 am
Oh? Debt America and Legacy Asset Management are one and the same? What is the reason behind their making a bad company and a good company? Is that planned or..the other one just has bad management..
