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Can't find the Answer you were looking for?
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15298 page views
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Who has oversight over these debt consolidators?
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10/22/2010 8:44 PM (PST)
Has this company cheated you out of your money? Have any business contact with this company? This company lied and said I signed up April 2010. My contract is dated 9/2009. If you know anyone who needs to do debt consolidation, tell them to avoid this company. Does anyone know who has oversight of so called debt consolidation companies? Do I contact Consumers Affairs? If anyone else has had problems with Provanta, would you please contact me?
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10/25/2010 8:50 AM (PST)
Betty,
There are several agencies that can help, you may certainly start by contacting your state attorney generals office, local BBB, and the Federal Trade Commission.
Check out this link found in the New Scams section at TrustLink tab. It describes how the industry works and who to contact should something go wrong.
http://www.facebook.com/note.php?note_id=385794969381
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4/5/2011 10:19 PM (PST)
You don't pay a credible debt consolidator like that. You first check their accreditations and the consumer reviews. If you're satisfied with what you've read only then you proceed. Again, their fees are actually associated with their success. More often, they'll charge you after they settle each account.
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4/5/2011 10:29 PM (PST)
I've heard of some good consolidators who'll charge you for each account that they settle and not before that. I guess the ones with true good intentions are paying the price for a handful of on-line scams. You've mentioned about some FTC proposals that will cause problems for this industry. Can you give us a clear idea on such rules?
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