Credit Solutions Featured on the Today Show

July 8, 2010

The Today show did an investigative piece on debt settlement companies, specifically Credit Solutions. The video is about 7 minutes long and follows a family who signed up for Credit Solutions program only to be misled and eventually cancel after a year on their program and paying around $6,000 in fees. Today’s Credit [...]

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Rocky Mountain Bank and Trust FDIC Problems

June 22, 2010

The Federal Deposit Insurance Corporation (FDIC) has issued a cease and desist to the Rocky Mountain Bank and Trust for “unsafe or unsound banking practices”. As you may know from reading this site, a large percentage of debt settlement companies use the Rocky Mountain Bank and Trust, usually in conjunction with Global Client Solutions [...]

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Department of Consumer Debt Scam

June 21, 2010

A new scam to con consumers has hit the market. A lead generation company called Legal Helpers Debt Resolution is mailing out forms which appear to be from the IRS or another government agency (see pictures below). These forms show your debt amount and claim to be a government run debt relief program [...]

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