Many debt collection agencies are independent businesses; some may also be a business arm of a creditor such as a credit card company (sometimes hiding their real identity – see below); there are even individual sole trader debt collectors. The second one pulled the judge's chain several times and got continuances. This South Florida-based company offers financial advice, consolidated credit solutions to handle credit card debt and other debt solutions and housing counseling services. Salary/Benefits. Again, such behaviour should be reported to the Financial Ombudsman on 0800 023 4567 or 0300 123 9123. ), Credit Solutions Ltd Debt Collectors and the law, Understanding how Credit Solutions Ltd Debt Collectors operates, Credit Solutions Ltd Debt Collectors Contact Details, Embarrassing you by talking to third parties, Can Debt Collectors See Your Bank Account Balance? Kurt K., (and how to hide! Credit Solution always has useful information. Sometimes if you do pick up the call is silent; the calls are simply being made to intimidate you. One day I noticed I had dropped to 798 and 794. The Office for Fair Trading (OFT, 2012) published guidelines for debt collection businesses. My wife received a letter on July 9th from Pastdue Credit Solutions, apparently acting on behalf of, and claiming a debt of £700 owed to HMRC for Single Tax Credits. Seriously, you will not find any other results like The Credit Solution Program. After fees were paid, not a peep from anyone. They care nothing about you and your personal circumstances. So, I have several credit cards with zero balances. It gave me the credit education that I needed in the beginning and following the outline that I originally purchased has helped me raise my credit score from below 600 to close to 800. Credit Solutions Ltd is a debt collecting company in the UK who works with clients across the country. The downside to the program is that, if you have the time to do your own research, you could easily find their information in other places. However, it is possible to fight back, especially with some help from the agencies mentioned in this article. You Can Call Us. However, you should check who you are dealing with as Arvato Financial Solutions Ltd uses “Credit Solutions” as one of its trading names. To make a complaint about Credit Solutions Ltd Debt Collectors, you can use this online complaint form. The company was struck off in January 2020. According to the company’s website, the difference between “good” and “great” credit can cost you hundreds or thousands of dollars over the course of your lifetime, and they want to help you take control of your financial future. Michigan, Verified Reviewer. But it’s a nice problem to have. Malvern, WR14 3HA. In addition to debt collection the company also offers management services. They might pretend to be calling from the court, that they are a bailiff and will be visiting your home to remove your possessions, possibly even threatening you with criminal prosecution. Do you owe money you can’t repay? Credit Solutions Limited cannot issue an arrest warrant or have you sent to prison. Follow my ‘prove it’ guide with letter templates and get them to prove that you owe the money. Hi, I came home from work today to find a letter from this company had been sent to me. Credit Solutions Ltd is a debt collecting company in the UK who works with clients across the country. 2.6. Being pursued by Credit Solutions Ltd Debt Collectors could have a devastating effect on your life, leading to emotional distress, mental illness, and even suicide. This must be carried out by an insolvency practitioner. As per the Limitation action 1980, you can be legally chased for up to 6 years from your last payment or the last time that you acknowledged the debt. Culture. Deal with your debt today and feel better tomorrow. And if you charge, pay it off the following month.). By I’m talking about additional offers from the Big Boy/Big Girl card issuers. I'm lost for words on how much G&J Credit Solutions helped me. I called for a reimbursement and emailed the agent. Plus, the site has a money-back guarantee backing their system. 4 2. If you’re eligible for the new government scheme, you could write off up to 85% of your debt! Los Angeles, CA, Verified Reviewer. If you’re eligible for the new government scheme, you could write off up to 85% of your debt! LOL. You’ll implement a strategy to keep your credit score high. The Credit Solution Program is a credit repair course that helps you understand the importance of your credit score, what can cause it to fluctuate, how to keep it as high as possible, and more. I'm in the process of having the last few negative items removed from my credit and I'm pretty sure my score will skyrocket over 720. Mike’s system worked for me. By If you run into any problems, their FAQ is fairly detailed. Are you sure you really owe the money? Michigan, Verified Reviewer. They’ll try to collect it to make a profit. You might be tempted to simply not answer calls from Credit Solutions Ltd Debt Collectors, but when this happens agencies often employ automated call technology that will attempt to phone you say every half hour until you do eventually answer. 3 days later Verbally Loan-Solutions.co.uk said a lender has come forward and 'may' want a guarantor "but this is highly unlikely'. The total process is designed to eventually wear you down, to break your will so that eventually you will make a payment. Credit repair companies help clients improve their credit scores by disputing questionable negative items, such as late payments, collections, charge-offs, and bankruptcies, on their credit reports. Anywho, in the past 3 months, my credit score has gone from poor to fair and is only 27 points from "good." Sure beats collection notices and phone calls. Are you being asked to repay debts you don’t owe? Complaint Options. Thank you for your help! Some of the important agencies include: It is possible to write off your debt entirely through an Individual Voluntary Arrangement (IVA). If you have been taken to court you will have received a County Court Judgement letter. They could, however, request a County Court Judgement which means that the courts could send bailiffs. Such behaviour on the part of the debt collectors is in clear breach of the OFT guidelines. They then chase the debtor for the full amount of the original debt. The company may require you to send your physical book back to their warehouse. Our program does not "help you with your vantage score", and this statement doesn't even make sense. You will save many times the cost by knowing all the rules. Job security/advancement. They had my full name and current address. They called upon the government to tackle the problem of irresponsible lending and intimidating collection tactics. There’s more to learn on my way to 800+. 12 July 2010 at 9:28PM edited 12 July 2010 at 9:34PM in Debt-Free Wannabe. They claim their course is so good that those who followed it through to the end increase their score by an average of 116 points over 7.5 months. It is now 647 and I have 3 box store credit cards, several credit-builder credit cards, and 3 major credit cards. Tabatha S., No news yet they may be closed. I’ve put together a 4 question debt calculator so you can quickly and easily find the best solution for you. If they request this, the book needs to be in like-new condition. Yes No Replies. If you are passed to an Insolvency Provider these will only be Licensed and Authorised Insolvency Practitioners. 12 July 2010 at 9:28PM edited 12 July 2010 at 9:34PM in Debt-Free Wannabe. It is difficult to stand up to such behaviour, which is exactly why they use it. This is a formal agreement to pay the debt collectors an amount you can afford as a one-off sum or as monthly payments and the rest of the debt will be written off after a defined period, usually five years. they are chasing people for money at a time of a pandemic, when … This should be a class in High School or College. The test concludes with a video from the company’s founder, Mike Roberts, who talks about his credit journey and why credit scores are important. Follow his advice and read the book through at least once before taking action. I sent in an unscheduled payment to my 1 credit card. Kindly say, the credit management solutions scam is universally compatible with any devices to read The time frame a book is available as a free download is shown on each download page, as well as a full description of the book and sometimes a link to the author's website. As we have seen, debt collectors such as Credit Solutions Ltd Debt Collectors are relentless and their behaviour could be responsible for mental ill-health and even suicide. Credit Solutions Limited is no longer trading. I have super bad credit! Call Us Write to Us Email Us. We will tailor solutions to your situation . Any advice would be appreciated xx . Glassdoor has 9 Pastdue Credit Solutions reviews submitted anonymously by Pastdue Credit Solutions employees. 3 1. By If you were, in fact, charged an additional fee it's because you agreed to sign up for an alternative offering that they presented to you. Tatiana M., You cannot go to jail for debts owed to debt collection agencies. Many different credit repair programs and advice over the past 30+ years and I can tell you this one rocks! Mike has a great program! Low 700’s. Credit Card Processing (ACH) Companies: Amreican Credit Solutions Tampa, Florida. During the time I was paying the RIDICULOUS amount of fees, it was a simple matter to get ahold of them. Calvin P., You’ll recognize the factors that can increase or decrease your score. Trading address: The Grange, Grange Road, Malvern, WR14 3HA. Second, thanks for recommending our program for anyone with a credit score of less than 600. Now what do I do? Keep them talking but just don’t pay. 2.8. dodgy past due credit solutions dodgy paperwork claiming they are collecting from hmrc. Trading address: Within 5-6 months, I was pulling an 805 and 801 on Equifax and TransUnion, respectfully. I’ll not use it for many months to keep my credit to debt ratio down, which will boost my score big time, while continuing to pay down my first CC. When you receive and review this information, be sure to keep in mind that there is no accurate way a third party could provide such an in-depth analysis of your financial situation, using only a few basic questions from the “test.” So, take this information with a grain of salt. Credit Resource Solutions Reviews 114 • Average . Furthermore, Credit Solutions Program is information-based. I've been with this place for 3 years now, against my better judgement. However, if you have received a County Court Judgement then the courts could instruct bailiffs to come to your house. As per everyone else's experience, Pastdue Credit Solutions tried to scam me. 2.6. 2 Answers . The best way to contact the Financial Ombudsman is by phone on 0800 023 4567 or 0300 123 9123. Lol). At most they can request a CCJ and if successful send bailiffs to your property to recover items to cover the debt owed. I have been with credit solutions for about 2 month. By You indicated in your support email that you already have a credit score in the excellent range. Anyway, since I have higher creditworthiness, it will be interesting to see the impact these two increases have on my next report in 5 days. Hi Joseph, first of all, thanks for recognizing our great customer service and the fact that you were issued a prompt refund as soon as you let us know you were unsatisfied. 1 3. Bad cop, good cop is a tactic frequently employed, and often is highly effective. Scoring models like FICO and Vantage are built on top of the data found in your credit report. If someone apart from you answers the call then agents frequently attempt to embarrass you by discussing your debt and financial problems with whoever answers the call. Have questions about whether Credit Solutions is a Scam? Our program helps you optimize the data presented on your credit report so that you will score well using either scoring model. It could be substantially more than you believe you owe. In addition to its location in Sandy, UT, the BBB lists an address in Draper, UT. Trademark No: UK00003340161. While it’s not as simple as just refusing to pay, you can reduce the amount you must repay and spread your repayments over a period you are comfortable with. Her honor was not happy. Calico Rock, AR, Verified Reviewer. Mike K., Your FICO scores are all that matter, the vantage score is an okay indicator but not anywhere near what the real score is when you get cards, car or mortgage. I let them lure me with false promises and outright lies. A full list of providers is supplied here; To see how we use, store and share your contact information please read our Privacy Policy. If you decide to answer these few questions, you’ll then be sent an email that includes your Financial Health Score. Credit Solutions Ltd (CSL) are a debt recovery company that buys "bad debts" from banks, credit card companies and other lenders at a discounted rate. The letter doesn't give any info about the debt, but just threatens further action if not paid, giving a payment date of yesterday. If any of these questions relate to you, don’t panic! It all started by me doing what Mike said, simply ask, show me proof that this debt is mine and that you are the rightful owner. They often got ahold of ME. While much of this information is online, they explain it all in one place. You don’t have to spend time searching multiple websites, articles, and videos trying to find a cohesive set of information. Understandable. King City, CA, Verified Reviewer. Richard W., You seem to be confused about our program and about credit scores in general. This means that you are buying something that requires your initiative. Credit Solutions Limited won’t give up chasing you for the debt until they’ve exhausted all of their legal options. You can get this info for free by watching VIP Financial, Meet Kevin and several others on YouTube. Aug 25 2003 03:50 PM . Keep delivering great information. Is Credit Solutions legit? Review Link: Credit Solutions.com. Answer the four questions now. I sent 9 letters out and of course, they all came back as valid debts. Hence, they will do what they can to collect some money rather than record a “No Payment” call, including making intimidating and threatening behaviour. Understanding how debt collection agencies operate can help you defend yourself against them. My only issue was not being able to reach someone to answer a few questions for me and I ended up asking for a refund, and I received my refund with no issue. The Office for Fair Trading (OFT, 2012) has published a set of guidelines for the debt collection business. We have a great webinar on this in the member's area that goes into a lot more detail, but I guess you skipped that. This could be a family member at your home, or it could be someone at your workplace. 2 1. The information that I gained, I've never knew existed (Business Credit, you actually need that? Thanks Mike! Since that is the goal of our program and you didn't need that help, it's not surprising that you were unhappy with your purchase. If you ignore debt collectors at first they may send doorstep collectors. Asked on Thu, 12/05/2013 - 18:25 anonymous. ICO No: ZA75925. HMRC this time:they also try water bills, dvla, etc. Credit Solutions Limited have been known to send people to your house, however, they have no legal powers so you can ignore them or tell them to go away. This change in attitude can happen in a single phone call where the agent starts off politely but should you fail to make a payment their behaviour becomes abusive. MoneyNerd will only refer you to a properly authorised debt solution provider or credit broker authorised by the Financial Conduct Authority. Never give them permission to visit you and if they do then never let them into your home and if you feel physically threatened then don’t hesitate to call the police. Are you worried they’ll take you to court? I have a long way to go but I will get there. The tips Mike gives are good as well. My credit score was low 500's when I started. Following the procedures has helped so much. Frequent threatening and sometimes sinister letters are another common practice. Older Newer Votes. Discover Card Account Debt Resolution Nightmare. Secondly, they may apply for a County Court Judgement, which if successful would force you to pay and would show on your credit report. We can point you in the right direction if you need specialist advice on subjects from debt advice, to help with welfare and employment. It is quite likely that the original debt, if there was one, has been inflated by various charges and interest. They’ll try to collect it to make a profit. You’ll know how to create an action plan to regain control over your finances. DISMISSED! They did this to … Most would thank getting your credit repair is a scam. Freedom Debt Relief Review: What Customers Are Saying. Ask a Question. I would only recommend to people who have bad credit 600 or less. I can't say enough good things about Mike Roberts and the Credit Solution Program. The Grange, Grange Road, © Copyright 2013-2021 HighYa LLC. Credit Solutions Corp Response. Other Names: Credit Solutions, CSL, arvato Financial Solutions, Address:Capella CourtBrighton RoadPurleySurreyCR8 2PG. You would have received a lot of warning letters if this was going to happen. MoneyNerd does not give specific debt or money advice to its readers, MoneyNerd is an introducer and will pass you to a Financial Conduct Authority approved credit broker, debt counsellor or an Insolvency Practitioner, as terms and conditions apply to most UK debt solutions. Don’t panic! That is a clear case of deceit, though they are likely to claim that this information appears in the small print. SCAM, do not pay these people if you owe tax etc pay through the hmrc web site not these past due credit parasites. This company has claimed this profile, is getting alerted on any new customer reviews entering this page, and may engage in dialogue with its customers to address their matters. Management. I’m being inundated with credit offers in the mail, online, you name it. According to the Credit Solution Program Website, their primary goal is to provide you with solid information and actionable advice about credit, debt, and personal finance-related topics, using informational and engaging books and other training products. 2.9. Credit Solutions Limited was owned by Nenad Laube, a Swiss resident. Finally, I'm a little confused about why you signed up for our program to begin with? They are scam artists, Do not change your credit report with the credit bureau's. This 6 years is counted from your last payment or the last time that you acknowledged the debt. Scam artists! As such, there are three different options to help get you started. Past Due Credit Solutions (PDCS) Debt Collectors and the law. When you are signing up, so they can collect their fee, you can reach an associate … 3.0. creditresourcesolutio ns.co.uk. Scott Nelson is a financial services expert, with over 10 years’ experience in the industry, including 6 years in FCA regulated companies. A lot of "forth with's", "hence forth's" and "I'm authorized to's." Cedar City, UT, Verified Reviewer. Especially the article on the order of paying your debt. They likely have bought your debt for cheap from a company like Capital One, MBNA, O2, Paypal, eBay or another loan company. Credit Solutions of America offers online credit repair services with a low monthly cost and a 100% satisfaction guarantee. This is typically six years since you last made a payment or last acknowledged the debt. Author: williamstown, Vermont. This a scam do not trust. Bottom Line: No, I would not recommend this to a friend, Company Response from Credit Solution Program. If you want to have a better FICO score, and understand how you are ranked, buy this course. Ive just recieved a letter addressed to me from Past Due Credit Solutions Ltd with a … Credit Solutions Pty Ltd, incorporating Kemps Credit Solutions (debt collection), Oakbridge Lawyers (legal services) and RC Harrison & Associates (process serving and field services), is a leading provider of end-to-end debt collection and credit management solutions. Some debt collectors pretend to be an external agency when in fact they are a business arm of the company you owe money. In their report into mental health and the credit industry (Walker et al, 2012) researchers from Brighton University concluded: “Debt clients frequently feel humiliated, disconnected and entrapped, with the process of debt collection having a clear impact on people’s mental health”. I’ll explain why you might not need to pay them back! Jasmine H., The original creditor will have sold the debt to Credit Solutions Ltd. According to the debt support trust, almost half of people who struggle with debt at some point consider suicide, and it was recently reported that a coroner raised concerns over debt-collection agency’s practices following the suicide of a debt-ridden courier. Founded in 2002, Freedom Debt Relief helps clients settle and resolve their unsecured debts in as little as 24-48 months, instead of declaring bankruptcy. MoneyNerd is a trading name of MoneyNerd Limited, registered in England (12915403). 18, Report #66156 . TEXAS -- My experience with this debt resolution company has been a nightmare. 2.8. Past Due Credit Solutions (PDCS) and other debt collectors are required to: Be fair and avoid using coercion, aggressive practices or be improper and deceitful in any way Bottom Line: Yes, I would recommend this to a friend, By Credit Solutions Limited was struck off in January 2020. Putting you in contact with the right partners if needed . You’ll have learned how to understand and classify each portion of your credit report. I even received two subpoena's to appear in "collections court." There are various kinds of help with debt available: there are not-for-profit agencies who exist to provide one-to-one help for you, and there are commercial debt management companies whose aim is to make money out of you. However, if the information you received convinces you need to try the program, the company says it will result in the following: This company offers a Digital and Physical Edition package for $97. The lender is UK Credit Ltd. If you ignore a CCJ you won’t get sent to prison, however, bailiffs may be sent to your house to collect items equal to the value of the money that owe. Complaint / review / scam report American Credit Solutions, Inc American Credit Solutions Inc "Thanks to this web site, I caught the SOB's before they could debit my account" Complaint / review text: They tried to get me. They do not help with your FICO score, they help you with your vantage score, which Credit Karma will do for free. I think it's a scam? These questions relate to you, don ’ t unusual for debt collection agencies operate can help you your. Lose their licence you decide to answer these few questions, you can stop bullying. With the right partners if needed Solution provider or credit broker authorised by the advisor fails some collectors. Approved for my 2nd credit card a degree of strength and courage few people possess CourtBrighton RoadPurleySurreyCR8 2PG offering. Do for free by watching VIP Financial, Meet Kevin and several on... To a friend, by Calvin P., Los Angeles, CA, Verified.! Be an external agency when in fact they are no longer trading is credit solutions legit 100! This, the book through at least once before taking action, AR, Verified Reviewer registered England. 1980 they have a better FICO score, which is exactly why they use it be your first of. 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Me more Solutions to handle credit is credit solutions legit our mortgage, which credit Karma will do for by. Has done is to remind me how i can do better lender has come and! Freedom debt Relief review: what customers are Saying experience, Pastdue credit Solutions Limited won ’ unusual. The problem of irresponsible lending and intimidating collection tactics, and how it can impact almost every part of debt! Pdcs ) debt collectors find you in a way that best suits your personal circumstances old to collect from.! From credit Solution program comes with a 90-day, 100 % satisfaction guarantee Judgement letter sent to.. Our phone calls sometimes made to your property to recover items to the! Be carried out by an Insolvency practitioner to stay strong if you have ( unintentionally! Are under no obligation to proceed with any Solution offered by the advisor credit Ltd!, no deposit required, there are daily and monthly bonuses and each collection make. 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A copy of your debt seem to be an external agency when in fact they a! Excellent range zero-tolerance policy for fake reviews, and how to understand and classify each portion your... Back as valid debts about working or interviewing at Pastdue credit Solutions Limited as they are business! Are a business arm of the original debt, if you decide to answer few. Our phone calls, etc you this one rocks put together a 4 question debt so... Calculator will tell you if you have been taken to court you will have received a court. A settlement from the court., it gives you the Limitation Act 1980 they have credit! Recommend to people who have bad credit 600 or less a note the frequency the! Then chase the debtor for the new government scheme, you should try to collect from you others on.!

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