"The benefits of showcasing our company on Trustlink have been amazing. New clients have expressed a sense of security knowing that Unity West maintains a 5-Star rating on Trustlink’s site and that there are over a hundred reviews about our company from
real customers that they can easily navigate through. The transparent view of what a client can expect when considering doing business with Unity West Lending has definitely increased our client base."
- Jarrod Thomas, Customer Service Manager,
Unity West, Inc.
1/20/2010 1:14 PM (PST)
1/20/2009I've recently talked with a debt management officer at Debt Choice, Inc. I received appropriate communication, clarification of contract and no hidden fees with a substantial reduction of APR interest rate/consolidation of credit card/personal loan debts (under $15K).Has anyone recently worked with Debt Choice, Inc.? Why do they have a Better Business Bureau rating of F? How often does the BBB rate business practices, etc.?Would you share your personal experience on interaction with Debt Choice, Inc. of Costa Mesa,CA 92626? Thank you!RJE
1/20/2010 3:24 PM (PST)
Well, you saw the report and some of the significant complaints the BBB has received are viewable in the report. They have 40 complaints on record. The debt settlement industry has been such a complaint generator that BBBs nationwide have designated this business as "inherently problematic". The experience of the BBB with debt settlement firms has been decidedly negative. Most people who complain about these companies state that their debts weren't negotiated, they were told to stop making payments, and the result is that they're in worse shape than when they started. Many are sued and are forced to file bankruptcy to rid themselves of the lawsuits. Debt settlement companies have a good sales pitch that makes the program seem like a no brainer. Unfortunately, it's a mirage. This industry is rife with companies using predatory fee models. Debt settlement is a topic the BBB of the Southland has posted about on our Facebook page: http://www.facebook.com/pages/BBB-of-the-Southland/117568537756You should check out the proposed rules on fees and disclosures that the FTC is considering for the debt settlement industry because of the rampant abuse. The Federal Trade Commission issued a press release about these on July 30th, 2009: http://www.ftc.gov/opa/2009/07/tsr.shtm. In fact, these rules will most likely shut down the industry as it stands today. Good luck with your situation. Let us know how it works out.