Report: #485605

Complaint Review: CLEAR DEBT RESULTS

  • Submitted: Wed, August 26, 2009
  • Updated: Tue, September 22, 2009
  • Reported By: PD — USA
    251 O'Connor Rdge Blvd
    Irving, Texas
    United States of America

CLEAR DEBT RESULTS CDR, Debt Grad Clear Debt Results-TOOK $2,500 AND DID NOTHING, DO NOT DO BUSINESS WITH!!!! Charlotte, North Carolina

* : More info


* : foolish consumer

Show customers why they should trust your business over your competitors...

Clear Debt Results took $2,500 from me for their service fee from my debit account over 2 years.  After I finished paying them I got an email stating they were going out of business and would not be answering the phone. 

 I have already been solicited by ex-employees who have gone to another company that can handle my debt, of course, for a fee.  I have consulted attorneys in Irving Texas, notified the Attorney General with queries for Criminal Investigation, and have reported the Irving Police Department. 

I have the names of the owners and managers and am in the process of pursuing them in a court of law. Both companies websites (what remains of them) have dissapeared as of today.  Scum.  CDR took my money and settled none of my debt.  My debt is now astronomically more than what it was when I first started with CDR due to interest rates, late fees, etc.  I risk being sued by my creditors and my credit score of 785 when I started is now a 400.  CDR is Scum.  And we all know what happens to Scum.


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This report was posted on Ripoff Report on 08/26/2009 12:29 PM and is a permanent record located here: 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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More info

AUTHOR: Peeved - (USA)

First off, "manager", maybe you haven't noticed but times are tough. Whatever the reason for credit issues, people go to companies like these for help. Ripping people off can't be explained away bu telling people "you shouldn't have needed help in the first place."

I'm in a similar situation, had a high credit score, but a series of events put me under and falling behind.  Pay goes down, taxes go up, expenses incur, etc. 

So far the info I found via (((Redacted)))regarding DebtGrad and CDR:
- Both websites are registered to 251 OConnor Ridge Blvd Suite 270, Irving Tx
- Both websites have the same administrative contact: Charles Steward
- DebtGrad is registered to CDRS LLC, CRD is registered to Clear Debt Results

What I have seen from the website of the Texas Comptroller of Public Accounts (
- CDRS LLC was incorporated by Attorney Ralph C Perry, 1601 Elm St, Suite 4100, Dallas, Texas, 214-954-4135, on Jan 4, 2005, Tax ID 12021048264
- Clear Debt Results was also incorporated by the same attorney, transferred on Sept 5, 2006, Tax ID 32020552959

These two companies are in fact one company. When CDR got a bad enough rep and became listed by the BBB with an F rating, they decided to close up shop, keep the cash, and try to sell everyone to DebtGrad (not even listed on BBB). Talk about double dipping. I'm out over $3,500 and not too pleased about it.


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This is a former manager from Clear Debt Results who moved over to Debt Grad and is closely watching Rip Off Report hoping that not many ex-CDR clients catch on...He has solicited services to old CDR clients for more service fees when he knows well they were never provided with service fees from the original company.  This is a poor excuse of a man who will need to organize a search and rescue crew to find his balls. is in relations with CDR and contains/or is ex-CDR employees.  Their website was already shutdown as of yesterday... because they can't pay their own bills, much less help other people pay theirs.  Unfortunately, going out of business is the least of the worries faced by ex-CDR employees as swift and aggressive legal action will soon be at the doorsteps of this fraudulent scum.
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foolish consumer

AUTHOR: manager - (USA)

First of all, why would you try to "reduce your debt" through any company when your credit score is in the high 700's? You get what you pay for... and pay for what you do. Sounds like you were trying to get out of paying interest and ended up with your accounts going into past due status; which would not have happened if you had simply called your creditors direct and tried to negotiate lower interest rates with them or taken out a consolidation loan. Consumers who think they can get out of terms/interest by having a third party "negotiate" get what they deserve! The surest way to reduce your debt is to pay your bills, on time. Next time, research a company before you hand over money to them!
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