I too was ripped off by federated financial, they sold me the farm, and ruined my credit. They did the same thing as the original complaintant, took 4 months to get payment to the credit card companies, took my first months deposit. Marge my so called account manager was great until i signed with the company then never talked to her again.
She also told me that all my creditors would accept their program before i signed with them, after i found that several of my credit cards wouldn't accept them as they were not
non-profit. I still feel that i should sue this company and might. It was a nightmare from the start!!!
To the couple who had the same thing happen to them, leave this company and go with consumer credit counseling service. You will lose the money given to federated financial services but it is well worth it not to deal witht his
company. Why would you risk anymore damage to your credit staying with them.
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