- Report: #370321
Report - Rebuttal - Arbitrate
Complaint Review: Nationwide Asset Services, Inc And Global Client Solutions, LLC And American Debt Arbitration
Nationwide Asset Services, Inc And Global Client Solutions, LLC And American Debt Arbitration1990 West Camelback Road, Suite 215 Phoenix, Arizona U.S.A.
Nationwide Asset Services, Inc And Global Client Solutions, LLC And American Debt Arbitration Promises to Negotiate Debts, No Results, Just Law Suits and Fees Phoenix Arizona
*General Comment: Come Correct
*General Comment: The latest on American Debt Arbitration and Nationwide Asset
*Consumer Suggestion: Things have changed
*Consumer Suggestion: I urge you to continue your efforts-Attorney General's of states, Federal Trade Commission ets.
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They have a deceptive practice of obtaining large enrollment fees and then utilizing the funds paid to them each month to collect interest and to tap the individuals account for monthly fees.
They have no intention of settling any debts because they are making their money by maximizing the interest they collect on the accounts and prolonging the period of time they can tap the account for fees.
After we cancelled the account with them, we settled five of the six debts within 30 days. We are now taking action to recover all of our enrollment fees and monthly bank fees as a result of them breaching the agreement.
We have filed complaints with the Attorney General's Office in Arizona, Florida, Colorado and Oklahoma. We have filed complaints with the respective DPR's in each state and the respective Better Business Bureau in each state. We have forwarded all of our complaints to an attorney in hopes of organizing a Class Action Lawsuit to recover our losses.
This company(s) created undue financial hardship on us for 16 months and worsened our credit position. They did absolutely nothing. They have a business practice that insures that you never speak to the same person so that there is nothing ever being resolved. It is a cycle of confusion intentionally created to prevent any results from happening.
This report was posted on Ripoff Report on 09/06/2008 06:53 AM and is a permanent record located here: http://www.ripoffreport.com/r/Nationwide-Asset-Services-Inc-And-Global-Client-Solutions-LLC-And-American-Debt-Arbitration/Phoenix-Arizona-85015-3465/Nationwide-Asset-Services-Inc-And-Global-Client-Solutions-LLC-And-American-Debt-Arbitrat-370321. 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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