UPDATE: See photo's below of Eric Synstad's home & car, the owner of Premier Savings.
When this company called me, they said they could help me to pay one low credit card payments by transferring all credit card balances into one credit card w / a processing fee of $279.
It sounded real good because I was having hard time paying for all my credit cards every month. However, unlike other debt-consolidation companies, they DO NOT negotiate the interest rates or other terms w / the creditors for you.
You are suppose to do EVERYTHING on your own. All they "helped" me was referring the phone numbers of these credit card companies / banks.
I did not know I was suppose to get approved on my own w / my own credit. If you already have financial problems or bad credit so that you're interested in debt consolidation, who would lend you any money w / that credit or debt balances, especially a high credit limit?
They do say there's 60% refund if you get rejection letters by all 3 creditors they refer in 90 days, but the KEY POINT is that they don't refer all 3 creditors at the same time, but ONE BY ONE - so I ran out of time waiting for the decisions from the credit card companies. Now all my $279 is down the drain.
Min
Chicago, Illinois
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