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CWDSI - Consumer Wise Debt Solutions Debt Settlement is a scam company and lies to their customers Boynton Beach, Florida
I work for a debt settlement company out of New Hampshire. We purchased leads from a lead vendor who also sold leads to CWDSI (Consumer Wise).
After talking to a few customers of theirs who signed up what they told me was quite disturbing.
A.) They tell their customers that they work with a Government program to get them out of debt. That is a lie. There is no such program.
B.) They charge an upfront fee, usually $500, on top of their regular fees, so even if you cancel they still get some money from you.
C.) They have an F rating with the BBB and 9 complaints just in the past 12 months, because of not fullfilling their end of the contract.
They also called clients of ours that signed up with us and told them that we were a scam and we only have 8 clients. Which is a lie again. We have over 650 clients and we also offer a full money back guarantee as well.
This company will be shut down shortly. They give a bad name to legitimate debt settlement companies that really do help people.
I have already filed a complaint with the Attorney General in Florida to investigate this company.
2 Updates & Rebuttals
unhappy customer
boston,Massachusetts,
USA
Exactly
#3Author of original report
Tue, April 27, 2010
Again feel free to reply back with some FACTS to back up your rebuttal. Everything I have stated is of truth. And anyone who uses boss or chief in a paragraph.....well you can figure it out for yourself.
David lee
Lake Worth,Florida,
U.S.A.
WRONG
#3UPDATE Employee
Thu, April 01, 2010
You are completely wrong, check your facts before you badmouth a company boss...I know people from New Hampshire are little slow, but we are in accordance with all government laws including the fair credit reporting act, the fair credit billing act, the fair debt collection practices act, the fair credit and charge card disclosure act, the truth in lending act, and the equal credit opportunity act. I will gladly look into the practices of your company as well, and can not wait to see the violations you are guilty of. Have a good one chief