Setup Fee: 15%
Monthly Fee: None
Settlement Fee: None
TASC Members: Yes
BBB Complaints: 23
In Business Since: June 2006
GHS Solutions, also known as GHS Debt Solutions is a Florida based debt settlement company. GHS charges the industry standard 15% of your total debt amount spread out over the first 18 months of your program with GHS taking the first 4 payments for fees. GHS Solutions is a member of TASC. They have received 23 complaints over the last 36 months with the Better Business Bureau, 4 of which are unresolved at this point. They have received an F rating from the BBB.
I was told my accounts would be settled for 25 to 35 cents on the dollar, which is red flag. They also take the first 4 payments to fees, with the standard being the first 3 payments. The company has been in business for less than three years which is not unreasonable but you should check on their client base to make sure things are stable with the company.
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I find many of these comments above to be incorrect. I have been in the program for at least three years with my last two out of nine credic cards left to be settled. They tell you in the beginning you have to put money away in the escrow account each month. If you have a lot of accounts or big balances, it takes many months to build up the escrow account balance so they can indeed settle. If you have a balance of $10,000 they are not going to settle for $100. They settle for about 40-45% or so of the original balance. They tell you all of this when you sign up. Come on, people, you need to actually listen to them when they are trying to help you. Everything everyone stated wrong or bad about GHS is not true. They told me, and I suspect they told all of you, when you were signing up about all these things. You have to listen to what they are telling you so they can actually help you. Once your settlement is done, you will have a balance at the end of the year that you must add to your taxes when you file as well. This means your income for tax purposes will be higher. Before someone complains, yes they do tell you this in the very beginning.
‘Jared’ is obviously working for company or uniformed. This company calls pretending to be Potential Employers . Misrepresentation if a violation of Federal and State laws and statutes
I think jared is very misenformed,i have been with GHS since july 2010,they have settled 1 card,out of 5,they say they can only pay one at a time,and i only have 700.00 in my account??i have paid 5370.00 to them since july,im being suied by a crediter and now filing bankrupsy,please people,if you are in this program get out of it now,please.these people are a scam.
Okay, I am a Debt Collector and have been in this industry for longer than I care to admit. I have worked with many CCCS agencies as well as attorney’s offices. I treat people the way I want to be treated, respectfully.
This is one of the biggest SCAM debt negotiation agency I have ever dealt with. They’re a joke. Don’t waste your money. Pick up the phone and deal with your creditors directly. It will save you a ton of headache, heartache, and money.
Everytime this company is contacted they have a different story, they offer settlements to the creditors without client approval, funds available, or some other impropriety. For privacy reasons, obviously I cannot give specifics about my multiple interactions with them.
I can tell you they are liars and they will not help the consumers they claim to want to protect. They will force you into a bankruptcy because of judgements and garnishments and ANYONE telling you not to answer your phone? ummm… I’m just saying that should be a giant RED FLAG that something is not right.
Ok,i just wanted to update,i have filed for bankrupsy,it will be final may 16th,i am no longer with GHS,they are a scam and will not help you at all,deal with the creditors yourself,not these people,all they do is take youe money,believe me,i started the program in 2010,i paid 266 a month,i just got out of the program, with 750.00 dollars refund from them,and no settelments but one…….please
if you are in this program,get out of it now.
Add me to the list of people who got had by these people, they did not settle all the accounts. Now they say I need to give them even more money to settle accounts. any one know how to go to facebook, so I can post complaints there? Do not deal with GHS
How did GHS rip me off, oh let me count the ways;;
1) most inportant, they did not pay of the debts!!
2) after taking money for 3 years, there is not enough money in my account to pay off any more bills, here is the funny part, they asked me if i wanted to re-join pay them even more money to pay the accounts, I know, this still even makes me laugh
3) now they claim that I cancelled my account, which makes any thing void, I did not cancel, my contract came to an end!!!
4) please—- do not do business with these people
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