BigSpike
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- May 11, 2004
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Debt Scams....
:topic: Have anyone of you hear about scams of Ameridebt.org ? It is true story, my friend and his wife did sign up because they wanted to get out of heavy debt so they contacted ameridebt...went through processing of application all etc. The representative promised this multi of bill statement will be combined into one payment...so they explain rules such as like this:
1. If creditor bother and call you about your behind payment just inform
Ameridebt and they will handle it for you
2. Ameridebt will neogtiable with the creditors for you to settle the new interest rate and make it into one payment
3. You will be entering the credit counseling...
All of them turned out to be full of scams...It was featured on TV news...
answer from above
1. Ameridebt keep delay your neogtiable and make things more nightmare for your creditor and they keep blah this they are still working on it with creditor..
2. Once Ameridebt get in touch with your creditor, your credit card will be IMMEDIATELY closed due to under the condition of debt consolidation image this even no matter how small or large your outstanding balances is with credit card...and it will be hard to reopen...since you need to prove yourself to make credit history clean before you can reopen it.
3. Credit counseling, it was promise to contact and follow up but it was never done...they want your creditor information and screw it up even their mission statement is to assist people to reduce their debt into zero.
It is sad, this is why my wife and I dont trust any debt consolidation organziation...best for it is your banking or citifinancial or something well know financial insituation better than unfamilar financialing company.
More info: http://www.creditinfocenter.com/FeaturedArticles/ameridebt.shtml
And other are plenty cases sue ameridebt.org
:topic: Have anyone of you hear about scams of Ameridebt.org ? It is true story, my friend and his wife did sign up because they wanted to get out of heavy debt so they contacted ameridebt...went through processing of application all etc. The representative promised this multi of bill statement will be combined into one payment...so they explain rules such as like this:
1. If creditor bother and call you about your behind payment just inform
Ameridebt and they will handle it for you
2. Ameridebt will neogtiable with the creditors for you to settle the new interest rate and make it into one payment
3. You will be entering the credit counseling...
All of them turned out to be full of scams...It was featured on TV news...
answer from above
1. Ameridebt keep delay your neogtiable and make things more nightmare for your creditor and they keep blah this they are still working on it with creditor..
2. Once Ameridebt get in touch with your creditor, your credit card will be IMMEDIATELY closed due to under the condition of debt consolidation image this even no matter how small or large your outstanding balances is with credit card...and it will be hard to reopen...since you need to prove yourself to make credit history clean before you can reopen it.
3. Credit counseling, it was promise to contact and follow up but it was never done...they want your creditor information and screw it up even their mission statement is to assist people to reduce their debt into zero.
It is sad, this is why my wife and I dont trust any debt consolidation organziation...best for it is your banking or citifinancial or something well know financial insituation better than unfamilar financialing company.
More info: http://www.creditinfocenter.com/FeaturedArticles/ameridebt.shtml
And other are plenty cases sue ameridebt.org
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