For those of you who want to know what he REALLY told his clients...He said we would get a lot of cards and to go ahead and use the money, that in a few months we would transfer the the balance owed onto cards that had less interest. That by transferring the balances to fewer cards with less interest, we would be able to pay the balance in a more timely manor. He also said that if it didn't work out that we could always file bankrupt. Well, after receiving the cards, using the money to save my legit business of 12 years, he would NOT return phone calls, he never helped to transfer funds, he just dropped me and moved on to the next 15%.
I have paid off 5 credit cards on my own, I'm still working on paying off the rest, about 10 left. I still have my business but times are still tough. I didn't pay for anything personal, and the only thing I did benefit from was saving my company. I am not the guilty one, the banks are getting their money back from me.
More information about formatting options