Another way to get taken advantage off
Stay away from the folks with little or no credibility - Credit Foundation USA Inc. Besides the obvious shame of a business name, these fine folks in Glen Burnie, MD make their business out of junk mail offerings, scare letters to defendants in small claims and civil lawsuits, and only seem to have mastered the concept of rapid junk mailings. Of course when you can send out “We are a not for profit” in two letters in two days to the same incorrect name and address as the lawsuit filing went out with, it shows you are just trolling for business. Gee, where on their not for profit business plan did they include thousands of letters to people who don’t know them, in hopes of stealing some of your funds.
Credit consumer agencies make their money by getting you to pay 100% of your bills through them. They then negotiate with your creditors to accept 85% of the amount as payment - and the credit agencies skim the 15% into their pockets. Is this a deal? For any educated American, 100% not. All these people are doing is serving as collections agencies and instead of acquiring the debt and collecting it and their fees, they pretend to be agencies to help you, get your money, collect their fee, and pay the original creditor. Its a collection agency with a different name up front - don’t be fooled. They dont want to help you, they just want to collect their fee by skimming off the top. Want to call down there and talk to them at 888 KNOW DEBT or the more correct 888 588 9332 and find out for yourself.
Just be prepared for this BS line - well our letter tells you we are not a lawyer, and if you dont answer the lawsuit you can be in worse trouble. Its a line sent to scare you to call their office. The language about answering the complaint was in the letter from the courts. Everything else these types of ahem people ahem send you is just a scare tatctic to get you into their offices.
So a letter shows up from an agency wanting to rip you off. And then the next day a second notice comes in. Well if you read their details, its a fraud. They want you to pay them for their free services, offer nothing, and manage to put in a few scare words in their letters. All of which are form letters. How did I get these? An idiot agency wanted to collect on an already paid debt, so they filed a complaint. This outfit trolls active litigation to send out solicitation letters - this alone makes them scumbags in the same category as ambulance chasers, and clearly not a company for you to do business with, ever.
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