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  • Report:  #540143

Complaint Review: Square One Debt Settlement

Square One Debt Settlement Could only deal with collection agency Internet

  • Reported By:
    Tom — Warner New Hampshire United States of America
  • Submitted:
    Wed, December 16, 2009
  • Updated:
    Wed, December 16, 2009

I went into debt settlement with Square One to hopefully make deals with credit card companies as I had a large debt and income had significantly decreased. Their terms seemed reasonable so I went with them. I have since  been sued by two of the credit card companies
 
I then found out that Square One can only deal with collection agencies. They cannot deal directly with credit card companies or with the court. I have now been sued and must come up with the money.

My previous credit score was in the high 700's, it is now destroyed after 30 years of never being late! Square One has received $2600. for no service. $4000 in credit card fees have already acrued in the past 7 months.

Square One did not lie, they just didn't tell me all of the truth. BEWARE!

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