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Debt elimination program gets busted

Thu Mar 23, 2006 03:03PM | By Tony

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Debt elimination program solicited by Debt Solutions Inc. is under fire from FTC and Washington State Attorney General as it "offers a false promise of substantially reduced interest rates and thousands of dollars in savings." The debt elimination program was sold from $399 to $629, and consumers were "not told that the promised savings may take decades to achieve, or that most of the savings will result from simply paying more money every month, not from reduced interest rates." Now people are trying to get their money back, but Debt Solutions is not in a hurry to refund money.
As we always said, you have to be very careful when it comes to any promises of debt relief, debt help, and anything else that has something to do with "debt". Get some ideas from our pages on
debt settlement,
debt negotiation,
debt management,
debt reduction,
debt help.