• Report: #448755
Complaint Review:

One Source Management

  • Submitted: Mon, May 04, 2009
  • Updated: Mon, May 04, 2009

  • Reported By:hackettstown New Jersey
One Source Management
2015 N. Dobson #4-363 Chandler, Arizona U.S.A.

One Source Management Made my credit worse instead of better. Chandler Arizona

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The above company was supposed to not only give me a plan in which to pay off my credit cards faster (which I told them that part I already knew how to do), but also help reduce my interest rates (which they did not do and I told them that was the only part of thier services I was interested in).
After following thier advice to transfer a balance from one card to another, it started a chain reaction that eventually made me close two of my three major credit cards, or else the interest rates would be raised by over 10% on all three. Out of nessessity I had to keep one open even though the rate was increased.
The account I left open also reduced my credit limit by over $10000.00 and my FICO score dropped. I feel I am in allot worse position than I was than before I took thier advice.
I was also told in the beginning that there was a money back guarantee, which of course they denied when I called them on it.

hackettstown, New Jersey

This report was posted on Ripoff Report on 05/04/2009 05:27 PM and is a permanent record located here: http://www.ripoffreport.com/reports/one-source-management/chandler-arizona-85224/one-source-management-made-my-credit-worse-instead-of-better-chandler-arizona-448755. 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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