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Versa Debt


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Versa Debt Scammers
Posted by Cagylady on 11/02/2007
MARIETTA, GEORGIA -- I was contacted by this so called company which should be named VersaSCAM not Versadebt.I fell for the scam and yes paid my 990.00. After I got the so called package which stated in the terms and conditions that they promise you nothing and can change the thems and conditions at anytime and not receiving in writing like I was told that my credit card rates would be set to a fixed rate of between 10% and as low as 5% I requested my money back and was told I would have in in around 3 days,that never happened and then I was told 7-10 business days then next was that by law they had up to 30 days! Well it's now been 41 days and nothing. They haven't spoke to me in weeks after I give my name I am hung up on or put on hold and they never pick it back up.

The billing inquiry number of 800-350-3046 is constantly busy cause they aren't going to listen to anyone with a complaint. The contact of customer service (haha)number 1-877-680-3328 half the time you get a recording that tells you to call during office hours although you are calling during office hours. As for the post from VersaScammers I have personally spoken to and been hung up on miss Geraldine so if you think she gives a hoot she doesn't and why should she,I am sure she is living high off the hog on our money.Anyone with a complaint should make a report to the better business bureau of GA and to the FTC and the Attorney Generals Office we need to stop the thieves in their tracks. For more info on them Google Versadebt complaints, as well as Debtsafe, Debtsuite.

Just look they have so many names it will boggle your mind and confirm they are cheats!!! I never got anything for my money and consumers please protect yourself and don't deal with these people!!

     
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Posted by Anonymous on 2007-11-02:
I hope you didn't wire them cash by Western Union.

Disbute the debit with your bank or if you used a charge card, disbute the charge with your credit card company. Do so soon. They are stringing you along. Your time frame to disbute any charges on your bank account or credit card are running out.
Posted by Slimjim on 2007-11-02:
Cagy, no debt assistance agency guarantees anything when it comes to what or how your lenders will modify their terms. You had to sign a contract before you received a package and it probably was pretty clear on that. You also are canceling out without even giving them a try. That being said, it may come down to opt out time. If you are canceling beyond the grace period, then you may be shooting your own foot by not using what you paid for. My suggestion would be to contact their local BBB. They have to respond with a couple weeks and unless they are adamant that your contract had full disclosure, they may just refund you to close the case. Robl, you can't pay for these services with a credit card.
Posted by Anonymous on 2007-11-02:
Your credit rating is base on your FICO scores from three credit reporting agencies. Your credit card interest rate is base on your FICO scores and payments/purchases history. You can call the credit card company and tries to negotiate a lower rate.
Posted by cagylady on 2007-11-02:
Slimjimjohnson I know about how creditcard companies will negotiate the terms of credit.I was promised by this company that they could reduce all my rates to 5% to 10% for the life of the card.When I received the package I didn't sign anything and cancelled prompty in fact 3 days after they took my money.I have disputed the charges with the credit card companies (cancelled the old ones and got new ones to protect me from further charges also)Reported them to the better business bureau and to the FTC as well as the Attorney General's Office of Consumer Fraud in Ga.Just do a google search on this company of many names and addresses and the one the charge on my card is by is DebtSafe which has an unsatisfactory report with the credit bureau.I did this by the book they are the ones who did not.I have been promised my money back in 3 days and then 7-10 business days and then was told they had 30 days by law from the date the charge was taken to refund my money.If laws count for anything with them it's them who are not abiding by them not me.My point here is to warn other consumers to beware and don't fall to the same fate.Believe me you live and learn and I learned a hard lesson from them I just hope people report them in the future.As for a contract from them they were not to take my money till I signed their agreement and they took it the same day before I ever received a package as they call it which I never signed but thank you for your insight.
Posted by lady678 on 2008-04-30:
Ms. Geraldine used to be my supervisor before I resigned from the company. When I worked there, they were located in Marietta Ga. She is a trip, but the real trips are the owners. I used to see boxes of Visa Credit Cards with customers names on them and they used to charge them like 2 or 3 times.
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Fraud
Posted by Mytaz12 on 07/11/2007
MARIETTA, GEORGIA -- This company contacted me by phone promising they could get me out of debt 3 to 5 times faster and save me $3000 for a fee of $790. The phone number they gave me does not work. I faxed a letter requesting a refund, which was responded to by 2 different people with 2 different numbers (neither was the one given to me) telling me they cannot give me a refund, that I don't have a valid complaint.

Beware of this company!!!!I feel I have been ripped off!!!!!
     
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Posted by SarahinFlorida on 2007-07-11:
Bummer! If it sounds to good to be true, it probably is. Hard lesson learned...
Posted by poppapia on 2007-07-11:
How, exactly, were they going to get you out of debt faster? I assume you did your research on how this was going to work. If not, then you will probably never see your money.
Posted by Starlord on 2007-07-11:
If someone calls me, offering to get me out of debt, I will ask them where they got the idea I needed help. If they ereveal their source, then I would get a lawyer and go after the source.
Posted by Masha on 2007-07-23:
I too think I have been scammed by this company. But my charge was $990.00. I was on the phone with this guy for 45 minutes asking all kinds of questions and let me tell you he had all the answers! Then I couldn't reach him the next day to cancel my agreement. I am a single mom of two and this is a lesson I literally can't afford!
Posted by Slimjim on 2007-08-23:
Neither of you two (masha/mytaz) necessarily have been ripped off. In fact, you haven't given them time to do anything. I will say this, everybody has a 3 day right to recision on their contract. This company posted a contact number here, assuringly in response to the two complaints. I'd call Geraldine and if you still want out, push it and threaten Attorney General intervention. BTW, if your credit card lender finds out your account was charged by a debt management company for a large set up fee, they will flip a script and force the pull of that merchant account from them stat. More leverage for you to hit them with.
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I think I've been scammed
Posted by Masha on 07/23/2007
MARIETTA, GEORGIA -- I was contacted by phone on 7/11/07 and was told I could save $3,000 to $5,000 and get an interest rate reduction to MAYBE 6.9% on my high interest credit cards. When I asked if I could think about it and call back I was told NO. There were a lot of red flags I should have clued into but this guy was REALLY good. He told me there were no out of pocket expenses but $990.00 was charged to my Visa card by Debt Safe not Versa Debt. When I tried to call the number he gave me to call anytime with questions I received the "all circuits are busy" message. I have been sick for days.....

Beware of anyone calling from Versa Debt! I have a feeling I've been scammed in a big way!
     
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Posted by warddw1526 on 2007-07-23:
If something sounds too good to be true, it probably is. You could have saved the money and applied to the bills.
Posted by Ponie on 2007-07-23:
Sorry, but your first clue should have been when you were told 'NO.' The 'all circuits are busy' message has nothing to do with the destination number. The routing to get there is overloaded.
Posted by steve101 on 2007-07-24:
Call Visa ASAP and dispute the charge. Tell them it is a scam and you received no services.
Posted by Talent on 2007-07-30:
Actually to be totally honest with you , i have worked with a service just like this one and no matter how scary it may seem this actually does work, but you should be very careful in the future who you give your credit card to in the future.
Posted by glory128 on 2007-08-15:
please tell me everything is working out for you with versa debt.. I just agreed for there services.. did you get your packet in the mail and mail it back? please tell me why you think it's a scam, I have already been charged the money but now I'm not so sure I want to mail any more info to them please let me know how its turned out for you.. I did call to get a password for there web site I was on hold a few minutes but I did talk to someone and got a password.. did you call this # 1-877-680-3328
I am really worried now I knew I should of just hung up and not listen but boy they make it sound good.
Posted by glory128 on 2007-08-18:
Posted by Determined07 on 2007-11-26:
I am a former employee of Versa Debt/Debt Safe and they are total rip offs. You can also read testimony of their rip offs at ripoffreport.com! I will be reporting on this website and others their real local number as well as their address. Please pass along this information to your friends and family for I know being out of $990.00 for nothing is not worth it!
Posted by lady678 on 2008-04-30:
I agree I am also a former employee of Versa Debt/Debt Safe and it all was a scam. Phone conversations that were supposed to be recorded to protect the customer were not even recorded. The company would get Visa Cards in your name and would charge them like 2 or 3 times. Call your credit card company and cut this company OFF!!!!!!
Posted by tjackson2503 on 2009-04-23:
I am a current employee and can't stand to see disgruntled ex-employees spill out lies. First, All verification calls are recorded for customer's protection as well as our own. Second, we absolutely do work to reduce your interest rates on your cards, and when you actually work with the advisors on your scheduled phone appointment you will see we do just that. We have also Never gotten credit cards in a customers names and charge them as the last poster claims. We have strict security consisting of off-duty police officers and will prosecute to the full extent of the law if an employee even attempted to jot down a number.
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