• Report: #45109

Complaint Review: Gibson Trust

  • Submitted: Wed, February 12, 2003
  • Updated: Wed, February 12, 2003

  • Reported By:Wichita Kansas
Gibson Trust
4081 N. Federal Hwy #110 A Pompano Beach, Florida U.S.A.
  • Phone:
  • Web:
  • Category: Banks

Gibson Trust Lied to customers, didn't pay creditors, ruined credit breech of contract dirty SOB's Pompano Beach Florida

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I contracted with Gibson Trust in Jan. 2001 to provide debt consolidation services. They told me to pay a $384 upfront fee and I was charged monthly fees around $50 to $60 per month - It is illegal for any debt managment company to charge a Kansas resident a fee for this type of service, which started my investigation.

They also failed to make numerous payments on time, which left scars on my credit report. I terminated my contract with them in August after they failed to pay my creditors twice. Those payments, did eventually show up on my credit card statements - two and three months later. In the meantime I borrowed from my savings to pay my creditors on time, and cancelled my contract with them.

They claim that because I cancelled my contract without fulfilling the agreement to complete the program, they did not owe me any money. They owe me $1,292.41 - this is the monthly fees I was charged as well as the $384 they should have paid me since they did not fulfill the agreement to pay creditors on time!

Wichita, Kansas

This report was posted on Ripoff Report on 02/12/2003 01:14 AM and is a permanent record located here: http://www.ripoffreport.com/r/Gibson-Trust/Pompano-Beach-Florida-33064/Gibson-Trust-Lied-to-customers-didnt-pay-creditors-ruined-credit-breech-of-contract-dir-45109. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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