I received an letter from this company called Nationwide Debt Reduction Services, and after looking online I can't find the difference between them and another company called Nationwide Debt Direct. I think I've gotten both letters from both companies.
It says I'm elligble for a class action law suit and could recieve money and savings from a settlement. Has anyone else receieved these calls and letters? I'm getting about 4 or 5 calls a day from them now. The say they can settle my accounts with Chase, Wells Fargo, Bank of America, Discover, Capital One and many others, but I don't owe any of these people.
I only owe to my credit union and my balances are small. Everything I find online about debt settlment is negative and says to stay away from those companies because they are all scams... is this another scheme that is too good to be true?
Please do your own research so we can find out the truth about this company. I see they do have an A rating with they BBB but that other company Nationwide Debt Direct has an D rating.
Product or Service Mentioned: Nationwide Debt Reduction Services Credit Repair.
Reason of review: Not as described.
Preferred solution: Contact a private firm to find out more information about these practices.
I liked: Person on the phone was patient.
I didn't like: Telling me to stop paying my creditors, This program would temporarily hurt my credit, Credit union would close my accounts, Credit union would take the money straight from my account, Open a new bank account in a third party to pull my money.