On the heels of our post about problems at the Rocky Mountain Bank and Trust, we have now heard that Noteworld, another key player in the debt settlement industry, has had its accreditation stripped by the Better Business Bureau. The accreditation was revoked by the BBB at the end of April. Noteworld appealed the decision in May but the ruling was upheld and the BBB Board noted that the “revocation is due solely to their affiliation with the debt settlement industry”.
While Noteworld’s issues are small compared to those of Rocky Mountain, this move shows that the BBB is now 100% against the debt settlement industry and their ratings can not be relied upon to give an accurate assessment of a debt settlement company (they often give debt settlement businesses an automatic F rating). This move by the BBB will only hurt consumers in the long term as their ratings are now useful for anyone seeking the aid of a debt settlement program.
For anyone interested, you can see Noteworld’s BBB rating here.
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THIS COMPANY SEEMS LIKE A SCAM WHICH IS APART OF FORTIS FINANCIAL WHO ACTS POLITE WHEN YOURE SIGNING UP THEN WHEN YOU WANT TO CANCEL THERE IS MAJOOOOR ATTITUDE AND GAVE ME MORE REASON TO CANCEL BECAUSE THEY DONT SEEM LIGATE.