394 inquiries | Debt Relief Services - non-compliant with FTC Rule | Business Alert
(909) 949-1415
Company Rating
F
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N/A
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This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
We have received no complaints against this company.
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Company Info
This company's business is providing business consulting services which includes debt negotiation.
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Licensing
California law requires bill paying services, and pro-raters accepting money from clients to be disbursed to creditors on behalf of the debtor, to be licensed by the California Department of Business Oversight and file a $25,000 bond.To verify licensing, contact the California Department of Business Oversight (DBO) by writing to 1515 K Street, Suite 200 Sacramento, CA 95814-4052, by calling (916) 445-7205, (866) 275-2677 or (866) ASK CORP. Prorater licenses can be verified on-line, by accessing the DBO website at http://www.dbo.ca.gov. For businesses outside of California, please check with the agency that regulates this industry.
BCA has no information regarding government actions at this time.
We have reviewed materials supplied by the company and it appears the company is offering to resolve financial obligations; such as, late fees, penalties, and provides debt negotiation services. The company charges fees in advance of performing services. The company indicates it is not a lender, has no standard contract, and makes no specific guarantees regarding their performance.Our experience with debt negotiation services, is that creditors continue to charge fees and interest, continue to attempt to collect the debt, and may pursue legal action or other remedies as provided by their agreement with the customer. Generally, the amount of debt given may constitute income. We suggest that prior to entering into an agreement, to obtain the advice of an attorney. Be sure that your contract includes any verbal promises in writing. According to the company, fees paid or not refundable, unless otherwise stated in the agreement.
Our files show disconnected phone numbers, returned mail or both. The company appears to be out of business. We cannot trace addresses of companies or principals. General information is available upon request which may assist you.
BCA has no information regarding advertising review at this time.
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