Quote:
Originally posted by C_U_Next_Tuesday
Will have to find that piece of paper. I didnt agree that my credit was going to be ruined, i didnt agree that my credit card balances were going to be more than when I handed it over to them, i didnt agree that when my 36 months were up I would still have all my debt.
According to them.. my debt was supposed to be paid off when I am done with them. We are now in month 20 and there is only $1500 paid off on all the bills. I paid them around $7000 so far.
they basically lied to my face when I asked them specific questions like "Will I be able to refinance my car or house"..surrrrre, no problem. They have my credit so bad right now..its not funny. They have me by the balls and they arent squeezing gently
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What were your other options? Your credit was going to be ruined if you didn't pay the bills. Your credit was going to be ruined if you filed bankruptcy.
The contract will tell you how much they are golng to apply to the credit balances.
I do volunteer work with one of the consumer help programs here in Atlanta and these companies are one of our biggest "headaches". But mostly because people aren't reading what they're signing and don't understand how tney work
They are there to keep you from filing bankruptcy, lower your interest rates and hopefully keep you from getting into serious debt again.
There are VERY many that don't do what they'll TELL you they'll do, but IME, every single one of them has done what the contract said they would do
A verbal agreement is worth the paper it's printed on.