Debt Arbitrators
Debt Arbitrators Overview
The aggregated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Debt Arbitrators has 5.0 star rating based on 1 customer reviews. Consumers are mostly satisfied.
- Rating Distribution
Review authors value the most Diversity of Products or Services and Reliability. The price level of this organization is low according to consumer reviews.
Debt Arbitrators
The letter is to help you and the balances are estimates not accurate figures. The company helps and is not a scam.
The program offers a hardship to help Americans who are in debt. They do not have your info or your card info they have a name and address and if you ever filled out anything online ever your info is sold why junk mail exists but in this case they help if you need it. They helped me with my debt. I got super sick and behind.
NOT A SAM!!! AT ALL!!!! NOT A SAM!!! AT ALL!!!!
NOT A SAM!!! AT ALL!!!!
NOT A SAM!!! AT ALL!!!!
- Help
Rio De Janeiro, Rio De Janeiro
Same history as other consumers... FRAUD !
I received a letter on mail just like I've read happened to other people, but I believed in the veracity of it since I do owe credit cards.
Here is all the information on the email the supposed agent sent me:
Aaron Molloy
Credit Specialist
Direct 972-202-****
1-80*-249-**** Toll Free EXT 5241
877-298-**** Facsimile
First sign of fraud was after I email him: Delivery to the following recipients failed. Aaron.Molloy@***.com
So I decided to google about the company and found out this reports...
How come authorities allow this people to act freely??
Debt Arbitrators Are A Scam
I received a letter in the mail May 2013 from a company calling themselves Debt Arbitrators (DA) located 15851 Dallas Pkwy Ste 600 Addison, TX 75001 phone number 1-80*-400-****. They claimed I had credit card balances in excess of $25,000 that they could settle for me through mediation for $14,250 by sending in monthly payments of $445.83.
The odd thing is they addressed it to my maiden name and I have zero credit card debt. All of my cards combined wouldn't even amount to $25,000 even if I maxed them all out. Google searched the company and discovered they are a scam. They use the name of legitimate law firms to trick people into sending them money, but the law firms have no knowledge of these contracts.
If you get one of these letters with a seasonal catalog beware. If you call the number do not agree to sign up for anything or they will take your money and do nothing for you.
Received the letter called in and found out that they do not have our debt or info. They offer help for those who are in debt.
Ever since I signed up at Credit Karma I found out they sell your info and I was getting lots of payday loan offer letters.
They looked up my debts and I had 3 collections (already knew this) and they found my other debts. This is not a scam they are a company that wants to help if you want the help.
Replying to
Englewood, Colorado
DA ,15851 Dallas Pkwy, Addison, TX...SCAM!!!!!!!!!
Received letter, saying I owe $15,000.00 and would settle for $8,550.00. They want $335.00 per month Program Payment each month.
No # to talk to anyone just the # to activate. Does anyone know who we can report this to? If so please list it here on the comments page. I did call the phone number listed that it said to call, but as an after thought, I may have activated their SCAM, SCAM, SCAM, SCAM, SCAM,SCAM, SCAM, big big scam, SCAM SCAM SCAM.
THESE LOW LIFES HAVE NOTHING BETTER TO DO THAN TRY AND RIP OFF EVERYONE THEY CAN. A HARD DAYS WORK WOULD DO THEM IN!?
More than PISSED!!!!!!
I just reported them to the US Postal service. https://postalinspectors.uspis.gov/contactus/filecomplaint.aspx
Feel free to report them, as they need to be stopped.
Yonkers, New York
THEY ARE A SCAM!!! REPORT THEM TO US POSTAL SERVICE
I received a letter via US Mail from "Debt Arbitrators" similar to others listed here. I owe nothing on any credit card, so I know it is a scam. Since this scam is being done via US Mail service, I reported them. I urge others to report them -- it needs to stop, especially since they're using tax-funded mail service.
Again, THIS IS A SCAM -- DO NOT RESPOND TO THEIR LETTERS AND DO NOT CALL THE ACTIVIATION NUMBER.
Below is the site to report mail fraud via US postal service: Everyone who receives this scam letter should report it to:
https://postalinspectors.uspis.gov/contactus/filecomplaint.aspx
Burlington, New Jersey
Angry Consumer
I received a letter and catalog addressed to me at my job, #1 mistake. I don't know how they got my job address.
I pay all of my bills on time, no need for anyone to contact me at work. The letter said my program payment would be $366.67 per month. I have an excellent credit score, I don't need any help paying my bills or consolidating them. And it said "your renegotiated credit card balance.
I don't have a renegotiated credit card balance. Even their "opt out" website is a scam.
Don't fall for this scam! Don't give them ANY information!
I just reported them as mail fraud to the US Pstal Inspection: https://postalinspectors.uspis.gov/contactus/filecomplaint.aspx
Oakland, New Jersey
Such a scam
Received a letter from them @ address 15851 Dallas Pwky Suite 600, Addison TX 75001 saying I owe about $50,000 and that I need to make monthly payments of $728.57.... LOL have never owed that much to anyone in my life. The only phone number listed is the activation number. The signature at the bottom is chicken scratch and doesn't have the name printed underneath so wouldn't even know who to speak with if I did call (which I won't, thanks to this site!)
DO NOT RESPOND to these letters, they are scams and will take your personal information!!!
Report as US Mail fraud: https://postalinspectors.uspis.gov/contactus/filecomplaint.aspx
Newark, New Jersey
Letter received ....
The letter addressed to my husband and contained false information regarding debt they said we owed... we do not owe the amount they quoted.
I called on behalf of my husband as he is unable to take time during the day to call, to request his name be removed from their mailing list. I was told that the only person who could do that would be hubby because his name is on the envelope and therefore governed by the postal laws. I asked to speak to a manager and was told all 3 were in a meeting.
My guess is they always are. However, since the postal service is likely the only one who benefits from their mailings, how nice of them to site the 'law'.
You have to protect your rights by, within 30 days of receipt of their letter send this letter by CMRRR to them. Do not hand sign, just print your name. Go to post office and collect a certified mail registration card and type that number inside the letter as below, keep the green card stapled to their letter, your reponse for life! If you cannot record a call never talk to a debt collector on phone, use CMRRR mail.
Date
Dear *** Debt Collector
RE: CEASE & DESIST
VIA USPS CERTIFIED MAIL RECEIPT NUMBER xxxxxxxxxx
I am writing in response to your Your letter dated xx/xx/xxxx (copy enclosed) received on xx/xx/xxxx. I do not owe this false debt whatsoever. Pursuant to the Fair Debt Collection Practices Act, 15 USC 1692g Sec. 809 (b) your claim is disputed and validation is requested.
Failure of which this is your order to cease and desist from contacting me further regarding captioned matter. All telephone calls are inconvenient.
Be adviced if need be I will vigourously enforce my rights including suing yourselves & your lawyer for any violations of federal FDCPA, FCRA and applicable state laws as well.
Cordially,
PISSED CONSUMER
That's it. That covers everything and they cannot call or write you again, ever! They will cease all collection efforts until they send you a validation of debt (VOD) if you legitimately owe the debt. If they make contact in any way before they validate they just violated FDCPA and it's time to sue for about a grand. Just make sure you collect evidence - record the call, save a voicemail, photo your call ID, if they send a letter save it + envelope, etc. Basically slam - dunk evidence.
VOD is not a simple letterhead stating that you owe this much - it has to be the original contract with your signature, all account activites/statements from original creditor, etc. (Google VOD proof).
If you want to teach them an expensive lesson and make some cash too hire a Dave Ramsey endorsed consumer attorney at collectionbully.com (that will cost them an extra $3000 +/-), or just search at NACA.org. Hire an attorney that will take your case on a contingency basis, or just Google how to sue pro se in your state.
Watch your credit report, if they put anything there, sue per FCRA - innacurate reporting.
Debtorboards.com is the place you want to seek guidance and answers to any debt questions.
THE LAW
FDCPA Section 809. Validation of debts [15 USC 1692g]
(b) If the consumer notifies the debt collector in writing within the thirty-day period described in subsection (a) that the debt, or any portion thereof, is disputed, or that the consumer requests the name and address of the original creditor, the debt collector shall cease collection of the debt, or any disputed portion thereof, until the debt collector obtains verification of the debt or any copy of a judgment, or the name and address of the original creditor, and a copy of such verification or judgment, or name and address of the original creditor, is mailed to the consumer by the debt collector.
The requirements for meeting debt validation are not tough. However, it's not enough to send you a computer-generated printout of the debt. There is an opinion letter from the FTC to back this up.
So, if a creditor can't validate a debt:
They are not allowed to collect the debt,
They are not allowed to contact you about the debt, and they are also not allowed to report it under the Fair Credit Reporting Act (FCRA). Doing so is a violation of the FCRA, and the FCRA states that you can sue for $1,000 in damages for any violation of the Act.
Los Angeles, California
Debt arbitrators is not a scam
They saved me thousands of dollars on my credit card accounts. I had tons of debt and they helped me get out of it.
I and truly greatful for what they have done. I would advise anyone looking to get out of debt to use this company. there are tons of scammers out there but Im a living witness for Debt arbitrators. I went from 76k total in credit card balances to none whatsoever in 3 years.
They stuck with me through collection calls and threatning letters from the credit card companies. It was the best decision of my life .
I first signed up with Credit Answers to consolidate my debt. I paid into their pockets over $4.000 back in 2007.
Later on I spoke to their sister company Credit Arbitrators, (traitors by name) who told me that the money would roll over to this company and would go towards paying off my debts.That was back in 2011. They lied, they said that the money was upfront fees. To this day they still have my money.
If you need help consolidating your debt, I would not recommend either of these scammers, but go directly to the bank, and settle with them. It will cost you less money than you would pay to them.
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I got a letter got the same rep. He emailed me from the same email and nothing bad happened. I did my research and found good reviews and the company settled one of my credit cards already!