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Ameridebt

12850 Middlebrook Rd. 4th floor
Germantown, MD

AmeriDebt • AmeriDebt • Debticated --- • AmeriDebt Founder Settles FTC Charges for $35 Million • AmeriDebt to Close as Part of FTC Settlement • IRS Hits AmeriDebt for $15 Million • FTC, Texas & Minnesota Sue AmeriDebt • AmeriDebt Retreats Under Legal Assault • Missouri Sues AmeriDebt

Sharah of Valdosta GA (03/22/08)
I used AmeriDebt as a way to fix my credit. I was a sophomore in College and had a lot of debt because I had to take out loans for school. They insured that my payments every month would eventually pay off my debts. I recently received my updated credit report and now my debt is worse than when I started with AmeriDebt

I am married with a child and because of AmeriDebt I am in worse shape then when I applied for assistance. None of my debt was paid off that AmeriDebt said they would pay off. Now I have no way of getting a car or a house for my family.

Gayle of Glenwood Springs CO (01/15/08)
I have just received information that a hospital bill added in with my Ameridebt was never paid, and now my bill from 2001 is showing up from Advantage Network Systems.

Tamisha of Bronx NY (01/09/08)
I join Ameridebt in 1999 after seeing their commercial. I was 4 months pregnant with my first child and unemployed. I called Ameridebt to help me get my credit on track. I was close to $8000.00 in debt which include two hospital bills. Everything started out at first then about then about 7 months later I notice that my debt was not really going down. So called them left several messages and finally someone got back to me. They said if I paid a little more I'll see my debt go down. So I went from $297.00 a month to $417.00 dollars a month. Then four months later I still did not see my debt go down.

I couldn't reach them and the bill collectors started harrassing me again. My check was being garnished by the NYC Marshals and I ended up being homeless with my child because my check was not suffient enough to pay my rent. The homeless shelter help me and refered meto bankruptcy lawyer. I filed bankruptcy because Ameridebt never helped me.

Craig of Kemp TX (04/10/07)

I was laid off work for a while, and my finances were in trouble, so I contacted AmeriDebt to help me to get them back in order. Within about 3-4 months, I was receiving late charges on all my credit cards, and things weren't getting taken care of in the way I was assured they would be, I tried contacting AmeriDebt on numerous occasions, and I left several messages, but to no avail. My credit was ruined because of all of this.

BJ of San Diego writes (2/28/03):
Approx. mid year in 2002 I contacted Ameridebt and agreed to their plan to reduce the interest rate on two of my credit cards and also reduce the length of time on payments. I also agreed to pay Ameridebt a small monthly fee for their service. I had trouble on the account due to a name problem which took about two months to correct. Because this problem existed my payments did not go out to the creditor which in this case is Discover card. I made all timely payments to Ameridebt. I contacted all parties several times requesting assistance.

What resulted was late payment to Discover card and they in turn INCREASED my interest rate to 19.9%. Ameridebt did just the opposite of what we agreed plus charge me a fee. I did file a complaint via e-mail with them but I have not received a reply.

Beth of Cornelius OR (10/14/03):
I became a client of Ameridebt in April 2002. It was not until later that year that I realized they had completely destroyed my credit. Contrary to belief, I did not join with Ameridebt because I could not pay my bills. I simply wanted to do a consolidation, and after speaking with a counselor, was assured that that was what they did.

Payments were taken electonically out of my account on time every month, to be distributed to creditors. After ordering my credit report from Equifax, I found out that every account I had listed with them was paid 30-90 days late. I now have a horrible credit rating due to these late payments. I withdrew from the company and paid off the debts on my own, but this will in no way repair the damage done. I have repeatedly requested that they look into this matter, and have been repeatedly ignored. Ameridebt will in NO way accept any responsibility for this matter, claiming it was all in fine print. They expect you to make double payments for the first few months, because your first payment to them is for a contribution. I have since found numerous reports of complaints for this same issue, as well as several lawsuits from Attorneys General in different states.

Since my association with Ameridebt, my credit is ruined. In fact, I would have been better off filing bankruptcy. I am now unable to finance a home loan event though money isn't the issue. I am a single mother, not receiving child support, and up until now have always been able to handle things economically for my family. I now feel totally at the mercy of others. I am looked upon different when dealing with lending agencies or finance companies, and am unable to secure a loan.

Linda of Bend OR (10/14/03):
I just read your article about AmeriDebt. Inc. I was also a victim of theirs. By the time that I realized what was happening I owed $5000. more then I did when I started with them 7 months before. I stopped sending them money and called all of my creditors and started working with them my self.

Bardell of Washougal WA (10/20/03):
Ameridebt is a consumer credit counseling service that claims to help you pay unsecured debt by reducing interest and fees. On most of the credit card accounts I submitted to them they did reduce the interest however I did not see a single fee rollback. Recently one of the accounts was turned over to a collection company. I was told by Ameridebt if this should happen to have the collection company contact them. I did this by fax because they had me served with pending judgement papers and I also faxed Ameridebt at the fax number provided on their internet "creditor Inquiry Form".

After a a few weeks went by and I had not received a call or letter from either party I assumed they had worked it out. I was wrong. A few weeks later I received a default judgement letter from the collection service. I again sent by fax to Ameridebt the problem and a note about my concern and a demand to contact me in the next couple of days. I was never contacted so I called them and told them of the situation. They claim they hadn't received the faxes I sent and the fax number was not one of their fax numbers. I read the number off the form from their website. The number is a legitimate fax number and shows up on my fax machine as sent. When I asked who has my personal information they had no answer.

So I am not sure who is mst at fault here -- Ameridebt, Monogram Credit Card Bank of Georgia for not accepting the payments as agreed, or Suttelland Schweet Attornies at Law in the Seattle area after I faxed Ameridebts contact info to them.

Instead of improving my credit history I now have a judgement on my record for the next ten years, my bill has increased by over $700. and I now have very little faith in these programs and may have only a chapter 7 option.

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