New Beginnings Debt Settlement llc - Need info about this company

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I just checked them out was thinking about going with them , they are at a D+ now so it sounds like maybe things might be going down hill for them, only speculation.

I am really torn after reading this whole blog? I don't know what to do. 2 of them wouldn't settle with us? and the other 2 wouldn't even lower the interest rate? any adivise on this?

Don't do it, they take your money for months and do nothing for you.They tell you want you want to hear, this is just another company trying to scam your money..They never follow up with the multiple messages that you leave for them, also they never contacted any of your creditors as they initially promised, I should know, I contacted several creditors to see if new Beginnings had contacted them and their answers were absolutely not.

Oh, just to confirm, I had several lawsuits file already that will cost you another $300.00+ in court fees to file that new Beginnings will tell you to pay on top of their monthly fees. This company is a joke. You're better off negotiating with the credit card company on your own, I just did and got a substantial savings by negotiating my debt with the credit card company..approx. 60% savings..

:evil:I've been with New Beginnings for 1 year and they are WORTHLESS-they took my money but NEVER contacted any of my creditors and now the creditors are taking me to court and I have no choice but to declare bankruptcy.

I would call DS Financial they don't BS anybody and they don't take your money and hold on to it, they negotiate directly with your creditors. They can be reached at 866-833-6398.

I just checked on BBB and they do NOT have a rating for it-it says NR so I do not know where the person that said it had an A rating came from.

DS Financial is by far the most honest and ethical. They are more than effective and they don't charge a hefty fee. Give them a call at 866-833-6398 they are highly reccomended.

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Debt settlement companies DO have advantage in settling your debt for you instead of you trying to negotiate it yourself. They negotiate accounts "in bulk" and for this reason are able to negotiate for a lower amount. Creditors benefit from this as well because it keeps THEIR costs down. Pursuing a lawsuit is very costly for the credit card companies, and unless it is a really big amount they most likely are not going to do this, although you never know.

I would use DS Financial. They don't put your money in an escrow account. They negotiate with the creditor then get you a settlement and you pay the creditor directly. Give them a call at 866-833-6398.

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WARNING--New Beginnings Debt Settlement is NOT a BBB accredited company, regardless of what people on this page are saying. It's easy to check--go to BBB.org and search "New Beginnings Debt Settlement." Not ONLY are they NOT accredited, they have a D+ rating by the BBB and over 40 client complaints in the past few years. New Beginnings is NOT represented by a law firm and therefore offers no legal representation...which means even after you've paid them their "fees," they can drop you like a hot potato if the credit card companies are unwilling to negotiate your debts with them.

You'd be better off using a law firm-backed company with an A+ BBB rating. xxxxxxxx is one such company; they have offices in all 50 states and you'd be represented in debt negotiations by an attorney local to you.

Please read TERMS OF SERVICE for a more detailed description regarding advertising. Shazzers

I just found the same with Provanta. They had an "A" or an "A-" rating when I joined them, but now are listed as "NR" but still accredited. What's up with this?!

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Well, I just signed an agreement with New Beginnings this evening and now your all scaring me. I just suffered a major hardship in my life. I have 4 credit cards totaling 25.000. I am newley divorced. I have multiple sclerosis. I have two teenage daughters to raise for the most part on my own. All I have is social securlity disabillity and childsupport that will not last forever. I almost filed for bankruptsy. I was very much afraid of debt settlement, but I finally went for it because I am desperate. I can't do this alone. Nor could I change my own oil or plugs in my car. I don't know If I'll be able to afford to higher anyone to do that now, but you better believe you won't catch me trying to do that on my own, hence I wouldn't know the first thing about settleing my own debt either. I am hoping they will help me. Once the contract is signed there is no turning back anyway right? Some of you sound so smart in handling your own debt settlement, maybe you could help someone as down and out and on the verge of a total emotional break with your expertise.

They are affiliated with 2 attorney networks. If you all them they can tell you more. Like most good debt settlement companies they offer several solutions depending on your situation. But educate yourself first and make sure you know what you are signing up for.

[QUOTE=Anonymous;695643]WARNING--New Beginnings Debt Settlement is NOT a BBB accredited company, regardless of what people on this page are saying. It's easy to check--go to BBB.org and search "New Beginnings Debt Settlement." Not ONLY are they NOT accredited, they have a D+ rating by the BBB and over 40 client complaints in the past few years. New Beginnings is NOT represented by a law firm and therefore offers no legal representation...which means even after you've paid them their "fees," they can drop you like a hot potato if the credit card companies are unwilling to negotiate your debts with them.
You'd be better off using a law firm-backed company with an A+ BBB rating. xxxxxxxx is one such company; they have offices in all 50 states and you'd be represented in debt negotiations by an attorney local to you.
Please read TERMS OF SERVICE for a more detailed description regarding advertising. Shazzers[/QUOTE]

I have been with New Begginings since April 2010. Since that time, I have had any correspondence from them regarding my debt settlement besides monthly statements from Global Client solutions LLC about how much money they have deposited in my account. My debt is not as the result of bad money management but employer cutbacks and no cost of living raise in the past three years. Trying to manage the mortgage, insurance and other household responsibilities have become trying and so Yes I was desperate and the deal sounded nice. So I go for the okey doke and now I am still broke... WTF??
I have currently been receiving calls from attorneys that represent my creditors and my accounts are in judgement. So I try to contact them (new beginnings) once again and threaten to close my account and stop the payments. Well, guess what? I a get a call back immediately... so this has me thinking.. five months and no correspondence until I make a threat??
I contact the Better Business Bureau and find that this company is NOT a member as it was previously stated and guess what?? there is no rating or information from BBB about the company even being in existence. So now I am pissed. New Beginnings has over 1800 dollars of my money, my credit is shot, and I have judgements and lawsuits against me.
I didnt read any of the previous posts, because no one at this point can influence me to believe this is a reputable company. Now what do I do? Contact a lawyer and shell out even more money to get a refund and then attempt to rectify my credit?? Im exhausted, confused and need help bad.
So what ever you do...DO NOT USE NEW BEGINNNINGS OR GLOBAL CLIENT SOLUTIONS OR THIS CAN BE YOU IN THREE OR FOUR MONTHS....
Thanks for reading my story... will keep you posted.

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I would call 866-833-6398 they can get you a deal at around 20-25 percent of what ever you owe. They only charge a fee when you receive a settlement letter. Now thats trust.