My wife and I signed up with Natonwide in an attempt to get our debts under control and paid off. We paid them in excess of $2,000.00 in fees and $3,000 in funds to negotiate with. They assured and promised us that they were in contact and negotiations with the five or six accounts we have them and that we would not be exposed to any law suits. To the contrary, they never contacted one debtor, never negotiated one debt and, we were sued and my wife's wages garnished. This while we had $3,000.00 in their account to settle the debts. I settled one debt and they refused to pay the creditor causing yet another law suit to be filed.
They have a deceptive practice of obtaining large enrollment fees and then utilizing the funds paid to them each month to collect interest and to tap the individuals account for monthly fees.
They have no intention of settling any debts because they are making their money by maximizing the interest they collect on the accounts and prolonging the period of time they can tap the account for fees.
After we cancelled the account with them, we settled five of the six debts within 30 days. We are now taking action to recover all of our enrollment fees and monthly bank fees as a result of them breaching the agreement.
We have filed complaints with the Attorney General's Office in Arizona, Florida, Colorado and Oklahoma. We have filed complaints with the respective DPR's in each state and the respective Better Business Bureau in each state. We have forwarded all of our complaints to an attorney in hopes of organizing a Class Action Lawsuit to recover our losses.
This company (s) created undue financial hardship on us for 16 months and worsened our credit position. They did absolutely nothing. They have a business practice that insures that you never speak to the same person so that there is nothing ever being resolved. It is a cycle of confusion intentionally created to prevent any results from happening.
0 comments