Complaint Review: Jubilee Financial Services

My husband & myself borrowed money from relatives to pay Jubilee the up front fees of around $1,100.00. We then paid $200.00 monthly to Jubilee for over 21/2 years while we were barely struggling to get by. We had lost our well paying jobs & were forced to move cross country . We thought because Jubilee was operated by self proclaimed Christians we were safe & we rejoiced that we would be able to pay our bills & become debt free within a few years . I recieved a phone call from a Jubilee rep stating that our Creditors had settled for 30% of the amount owed. We were exstatic! It was a month later when we recieved notice from the FTC that Jubilee was a fraudulant company. We are now at wits end not knowing how to begin to repay these debts which have doubled or tripled since we first started with Jubilee. The only peace we have now is in knowing that Mr. Gustafsan & his helpers will meet thier maker eventually & will need to answer for the terrible situation they have put so many into. They will also need to answer to God for using God's name to do their dirty deeds. Michele Safford, Arizona
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