Credit Solutions of America sends me a Cease and Desist Letter

Cease and Desist letter from Credit Solutions

I recently received an email from Credit Solutions of America which contained a Cease and Desist letter.  I was actually surprised because I had never even done an actual review of Credit Solutions.  However, they obviously felt that I was doing something that they didn’t like and wanted me to stop.  The following is a copy of the Cease and Desist letter along with my responses. Dear Mr. Day: Your website and blog postings contained therein contain several false and […] Read more »

Legacy Debt Solutions vs Credit Solutions – Who Can Bankrupt a Client Faster?

Debt Settlement Salesperson

Hiring a debt settlement company using a front loaded fee model endorsed by TASC and USOBA is more likely to lead a consumer to Bankruptcy then to a successfully completed settlement program.  There are various reasons why this is unfortunately true, but one of the most obvious to me is that debt settlement salespeople for the most part, always recommend debt settlement, regardless of whether or not it actually makes sense given the financial circumstances of the client. The following […] Read more »

Credit Solutions of America – Sued by Florida Attorney General

Credit Solutions Scam

Credit Solutions of America is another of a long line of Debt Settlement companies currently in hot water with State Attorney Generals throughout the Country for unfair and deceptive business practices. As is almost always the case, the unfair and deceptive practice stems form the structure and the amount of fees charged to consumers upfront.  In the case of Credit Solutions of America, after 17  months in their program, nearly 50% of client payments would actually go toward their fees. […] Read more »