Noteworld BBB Accreditation Revoked

July 19, 2010

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 The accreditation was revoked by the BBB at the end of April.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 [...]

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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 Solutions review [...]

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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 (GCS), [...]

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