contract agreement was that freedom fidelity (aka) alliance 8 was to negotiate settlement for six credit cards. with 12 monthly payments one credit credimay have been settled. they took their fee off the top then added a monthly maintence fee. now they are asking for more money in order to settle other cards the amount which I already paid was to be what was needed to settle all six accts. its a scan .
Lex
United States of America#2Consumer Comment
Mon, August 01, 2011
I am sorry for your misfortune. Credit Card debt is a problem. I am also in this situation. I started with Beacon and then Alliance 8 acquired the company. I enrolled with a contract with Beacon and will finish my payments in the next few months. I enrolled 4 credit cards and 2 have been settled already at great rates. I know that I will probably have to make some payments myself since one of the credit cards has a high balance but so far they are negotiating at a great rate. They never promise to pay the credit cards themselves. They just try to set up a payment plan to use the money you save with their program. You can take the rest of the money out of your account and stop using them and negotiate on your own but I think you will still get a better deal with attorneys that deal with this every day. Speak with them about your concerns. Maybe you can work something out.
Good Luck!