Upon entering the program, I had a customer service person who really took great care of me. After I actually signed up with the program, everything has been crashing down.
What they DON'T tell you is that you will MOST LIKELY get sued by the creditors! I have experienced four so far and a lien on my property. Oh, and also, you WILL be getting forms (after the settlements on accounts) that show the DIFFERENCE (saved amount) and you will have to report this amount as income on your taxes when you file them!
And, though the attorneys representing FDR through NLLG are legit, they are only limited to a certain amount as well, and the fees that pay them (from your account) on a monthly basis, are CRAZY. Now, I realize people need to get paid, however, I was CRAZY trying to keep my head above water BEFORE entering into the FDR program.
Now, well, my advice is: DON'T do it! Try and handle things yourself in any way possible. I have been on the phone for three days STRAIGHT trying to get a litigation settlement payment from my account straightened out, and all I have gotten is, "I will handle it," but NOTHING has been done.
They keep raising my payment amount and auto withdrawal when there is a settlement. I started at $300, to $486, and to now $526$! Really? Not to mention my credit score it bottomed out. If you want a real person's advice, stay away!
Bottom Line: No, I would not recommend this to a friend
13 people found it helpfulLink to this Review
Dear Ms. Vetter,
We are sorry to hear about the concerns you have and the frustrations you are experiencing. We would like the opportunity to go over things with you and assist you however we can to resolve your concerns. Please let us know the best time that we may reach out to you!