Setup Fee: 20%
Monthly Fee: $39
Settlement Fee: 10%
TASC Members: Yes
BBB Complaints: 11*
Credit Consultants, which is a DBA for International Diversified Funding, comes up with three different listings in the BBB. One in Ohio (which appears to be where their call center is located), one in Texas and another in Nevada (which appears to be their main account). The 11 complaints quoted above is from the Nevada account ONLY. There were 3 other complaints for the Ohio registry.
Credit Consultants have some of the highest fees we have seen, charging 20% to setup plus 10% of the settlement savings. On the plus side, they are members of TASC and USOBA.
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I was with this company for 8 mths. They never had 1 offer to settle an account during this time. I had to small accounts that probally could have been settled. When I inquired about it I was told they try to settle the highest one first. Also, I ended up being sued by one of my credit cards at which time I was told “sorry that u have hit a bump in the road”. After 8 mths I am worse off then when I started and am seriously considering bankruptcy. I have filed a complaint with the PA Attorney’s General Office for misleading statements made by this company. My main complaint is they take a large sum upfront before any settlement are made and by the time u realize this is not working they have your money and it’s not refundable. They are making a fortune because of this. I do not recommend using this company