I worked for this company for over 5 years. It took me a long time to find out the truth, but once I did it all made so much more sense. They make promises they can not keep. They will tell you they can help you get out of debt faster by lowering your rates and applying more money towards your principal. They will charge you any amount they can as long as you have the availability on your credit card. No one person is charged the same amount as the last person because not everyone has the same amount available on the credit cards. You can do all of this yourself, do not pay them to do it for you.
All they do is call your credit card companies and negotiate a lower rate by threatening them to transfer balances or not pay your bills. They call your banks pretending to be you and that is illegal. That is exactly why they will tell you there is no third party involvement.
Everything they do on your behalf can be done by you, and the way they do it is illegal. They have recently changed their name from Financial Freedom to Consumer Financial to be able to claim non-profit for licensing reasons. As a non-profit their sales reps do not have to carry a license to work with your sensitive information, meaning they do not have to have a criminal background check. The reps on the other end of the phone could have an extensive criminal record, even credit card fraud on their record and you are giving them enough info to be able to charge your cards themselves.
0 comments