• Report: #308960
Complaint Review:

American Financial Solutions

  • Submitted: Thu, February 14, 2008
  • Updated: Thu, February 14, 2008

  • Reported By:Eureka Springs Arkansas
American Financial Solutions
PO Box 6119 Columbia, Maryland U.S.A.

American Financial Solutions Company claims were satisfied. They did what they said they would do. Columbia Maryland

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AFS is one of the 1st debt consolidation companies in the US. In my case, they paid off $49,000 in credit card debt in less than 5 years. The only fees involved was a $5 contribution added into my monthly draft from my account. For all that debt, my monthly payment was less than $1000. If I had not "hired" this firm to rid me of this strangling debt, I would have been paying the minimums at a total of $1700/mo and it would have taken me close to 30 years to pay off. This was one of my better financial decisions. I opened the account with AFS in May of 2001 and it was paid off in December of 2005.....so it took 4.5 years.

Now I see there are thousands of "debt fixers" available, and also nightmares to boot. AFS is not a scam, they didn't ask for money up front, and at $5/mo for the fee, I believe the total cost to me was $275 spread out over the 4.5 years. I no longer fretted about where the money was going to come from to pay theoe creditors, as soon as the first AFS payment was paid. I was very happy with the outcome, and the restoration of my good credit.

Eureka Springs, Arkansas

This report was posted on Ripoff Report on 02/14/2008 04:18 PM and is a permanent record located here: http://www.ripoffreport.com/reports/american-financial-solutions/columbia-maryland-21045/american-financial-solutions-company-claims-were-satisfied-they-did-what-they-said-they-w-308960. 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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