Similar
Stories
Saturday, March 28, 2009
Richardson-based Credit Solutions of America accused of fraud
Texas Attorney General Greg Abbott alleges that the company failed to negotiate settlements for the majority of its clients.
When something sounds too good to be true, it usually is.
Richardson-based Credit Solutions of America is facing charges of fraud after Texas Attorney General Greg Abbott filed a lawsuit against the company Friday. The suit alleges that the company never tried to negotiate a settlement with the majority of its clients' creditors, which, basically, is their sole purpose.
Posted by Alex B.
Faved or commented on by...
Latest Contests
Latest comments...
The Flaming Lips' Wayne Coyne gives a nearly naked performance on Jimmy Fallon
He's a sexy, sexy man even at his age... YUUMMMMMYYYEE!!!!!!
Plano will reconfigure unpopular median left turn at Preston and Legacy
Fascinating stats in docs from the police chief year before last...
Realtors resort to excavating tax records to ferret out potential clients
Nah. That fad is all but gone. Thay use them thar smart phones for stuff like that nowadays, I betch
Clay213, anonymous:
Great example of when 'No comment' should have been followed..
"We absolutely look forward to coming to an acceptable resolution and working with Greg Abbott and his team," said Heather Carmichael, vice president of legislative affairs at Credit Solutions.
Link to this comment | Suggest removal
Johnblog, anonymous:
Richardson-based Credit Solutions of America has some great information. I am using Credit Solutions to lower my debt. What other credit card debt solutions would you suggest.
Link to this comment | Suggest removal
BobDobbsson, anonymous:
First off, why would a company of under 1000 employees need a VP of Legistlative Affairs? That should tell you something right off the bat.
Second, I worked for CSA for about a year and I can tell you first hand everything both the TX AG and the NY AG are alleging is true. This company completely misrepresents what they will do for their customers. My guilt was killing me once I realized CSA was consciously ripping their customers off.
Third, Heather doesn't know when to keep her mouth shut. She's not nearly as smart as she thinks she is.
If you're condsidering becoming a customer of this company, please reconsider. 99 times out of a 100 they will make your problems worse.
Link to this comment | Suggest removal
Pavel Lishin, verified:
<i>What other credit card debt solutions would you suggest. </i>
Well, not running up a huge bill would be a good first step.
Second step is to pay the bills, I gues. When I was $15k in the hole after being hospitalized without insurance, my solution was to transfer balance to a single credit card, make payments every month.
Link to this comment | Suggest removal
NYone, anonymous:
I have had the pleasure of working at CSA. Heather, clearly you will be next up to bat to be let go from the company. Clearly for performance issues. I mean you could not even answer the questions that the reported asked. Oh wow, what do you know there are people out there that are smarter than you dum !@#. This is priceless!
Link to this comment | Suggest removal
(This comment was removed by the site staff.)
DC, anonymous:
Yes to wherever this is going.
Link to this comment | Suggest removal
Mike Orren, verified:
NYOne's second comment had unsubstantiated information that was personal and not really germaine to the story.
Link to this comment | Suggest removal
What do you think?