have been dealing with these people since Jan 2014  it is now going into 7th month with no lower interest rates...hav had better results calling credit card people myself.....has anyone reading this been helped?

Barbie & all who read this,
I would also advise you to change all your login IDs and passwords. Also, if possible, change your phone numbers you provided to these scumbags. While they were "transferring" you to the "supervisor" which consisted of a 2 minute fax machine sound coming through your phone, they were breaking in to your router, internet and phone lines. After I cancelled my card numbers that I gave them, they apparently have the technology to reroute the phone calls you make to the fraud division for your credit card (Hint: That's why they ask you for the 800 number on the back of the card as soon as you provide them your full credit card number and expiration date.) You think you're talking to your card issuer, but you are actually not. I was on hold for 30 minutes or longer for two days straight after hearing an automated message about long wait times. I eventually ended up faxing my fraud dispute to a fax number that the credit issuer said doesn't exist. They wanted the card #, brief description of complaint, and of course, your name and signature. Even if you don't send all your information from their "packet" you are supposed to get (which I never did because I caught on to the scam), they can make new cards with your signature you provided them. They also keep track of any phone numbers that you dial out on the numbers you provided them. I made the mistake of dialing my new home phone number on my cell phone number that hadn't been changed yet, and they called my new number via a private line (no number) the same day the phone line went live. Even called and left a few automated messages a few times later just to be obnoxious. By the way, DO NOT trust the names/phone numbers you see on caller ID. They can make it look like they're calling from your bank, or even another state and it will not show where they are actually calling from.

Got a call and despite all my senses saying this is not a good idea I did it anyway. Can't find much online abt them except for this site. Any other resources available?

they were to lower my interest on my credit card by % 3.

No third party can reduce the interest rate locked in on the existing mortgagee, unless the holder of the current mortgage  sells the loan to the new party.  

But face it:  what lender is going to voluntarily reduce interest rates in the current market, or any market?  Less interest means less income to the lender.  This is just a total scam.  

Anyone getting these calls should hang up and tell the existing lender what happened.      

Fell for this BS too, they tried to charge $1k to card and $295 to another, called all my cards hand had them close the accounts and issue new numbers.

I just got this call as well and I did enroll, did you ever get a reduction

Nice pre-emptive strike there Alex.   Starting out with  "I came across this site here by accident",  knowing that many will question what brought you here to applaud and cheer for the skunk scammer.    Shills are so easy to spot anymore that it takes the challenge out of it.

Yeah, these sites also seem to bring out the shills for these scams.  Nice try, but no cigar!

From: http://www.consumer.ftc.gov/articles/0131-cre ... reduction-scams

Voice mail boxes across the nation are being clogged with prerecorded phone calls from companies that claim to be able to negotiate significantly lower interest rates with your credit card issuers if you just pay them a fee first.

The Federal Trade Commission (FTC), the nation's consumer protection agency, says consumers who get these interest rate reduction robocalls should listen to them with extreme skepticism, and delete them. Many are scams.

The companies behind the sales pitches claim to have special relationships with credit card issuers. They guarantee that the reduced rates they offer will save you thousands of dollars in interest and finance charges, and will allow you to pay off your credit card debt three to five times faster. They claim that the lower interest rates are available for a limited time and that you need to act now. Some even use money-back guarantees as further enticement.

The FTC says that the companies behind these robocalls can't do anything for you that you can't do for yourself ? for free. You have just as much clout with your credit card issuer as these companies, and you are just as likely to get turned down for a rate reduction regardless of their promises or supposed efforts to negotiate on your behalf. Indeed, FTC investigators found that people who pay for these services don't get the touted interest rate reductions, don't save the promised amounts, don't pay off their credit card debt three to five times faster, and struggle to get refunds.

Amendments to the FTC's Telemarketing Sales Rule prohibit companies that sell relief services like these rate reduction scams on the phone from charging a fee before they settle or reduce your debt. If you do business with a debt relief company, you may be required to put money in a dedicated bank account, which will be administered by an independent third party. The account administrator may charge you a reasonable fee, and is responsible for transferring funds from your account to pay your creditors and the debt settlement company when settlements occur. See Settling Credit Card Debt.

Protect Yourself
The FTC says that if you?re looking to reduce the interest rate you?re paying on your credit card purchases, your best bet is to handle it yourself for free: call the customer service phone number on the back of your credit card and ask for a reduced rate. Be calm, patient and persistent. And if you are tempted by the promises in a rate reduction robocall, the FTC says hold off ? and hang up.

Don?t give out your credit card information. Once a scammer has your data, they can charge your credit card for their own purchases or sell the information to other scammers.
Don?t share other personal financial or sensitive information like your bank account or Social Security numbers. Scam artists often ask for this information during an unsolicited sales pitch, and then use it to commit other frauds against you.
Be skeptical of any unsolicited sales calls that are prerecorded, especially if your phone number is on the National Do Not Call Registry. You shouldn?t get recorded sales pitches unless you have specifically agreed to accept such calls, with a few exceptions.
If your number is on the National Do Not Call Registry, a telemarketer may call you only if you have agreed to accept calls from the company the salesperson works for, if you have bought something from the company within the last 18 months, or if you have asked the company for information within the last three months.
To report violations of the National Do Not Call Registry or to register your phone number, visit DoNotCall.gov
or call 1-888-382-1222.
File a Complaint
If you think you?ve experienced a credit card interest rate reduction scam, file a complaint with the Federal Trade Commission at ftccomplaintassistant.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357).

If your credit card has been charged for a service you didn?t order, authorize or receive, and you can?t get a refund, dispute the transaction with your credit card company. First call to try to stop the payment, and then follow up in writing. Under the Fair Credit Billing Act, you have the right to dispute charges for any service you didn?t get or any transaction you didn?t authorize.

This article was previously available as Credit Card Interest Rate Reduction Scams.

I received a call from these people today, first they said they were 'credit card services' which is a legit business and were authorized by EXPERIAN to offer lower interest rates on credit cards. Was originally told their fee was 'seven ninety five', as conversation continued and I fell for his crap, I finally starting asking questions, turns out the fee was 'seven hundred ninety five'. Told him I wanted to review the paper work he was going to send out before I pay $795.00, he said it was already charged to my credit card! I said I was going to contact EXPERIAN to get more information, of course he said that was not necessary. After hanging up, I tried getting into the website he provided (which does not exist), then called my credit card companies and contacted EXPERIAN. My advice...avoid these scamming thugs!    

I was promised a lower rate for life and
Money back from last 2 yrs for interest paid !fuckn scammers!

If it sounds to good to be true, it is! Any reputable company will provide their business name, website and other pertinent info. as well as what their services entail in print, BEFORE they charge you and request sensitive financial acct. numbers and information from you. Red flags should go up when someone asks you for your CC info. Don't do it! You are opening yourself up to a major financial headache. Indeed, check with the Federal Trade Commission on the practices of debt counseling service scams and also check with your credit issuer before believing these companies. They have investigated and found a list of steps these types of companies tend to take consumers through before they realize damage has been done.  

I signed up with this company about 7 months ago. i came across this site here by accident.  I was never promised that they could lower anything. But I was uneasy with the two talked to that signed me up so I called my card and stopped payment. When i spoke to a customer service person they explained the service.  I did understand it was interest savings. I called my credit card company and stopped the fraudulent claim.  Anyway, the person helping me with my accounts and bills was actually very helpful in finding ways to stop paying so much money in interest and actually helped me.  With some of the tricks they showed me I almost have this debt payed off. These sites give you so many horror stories and none of the successful ones.  Thats sad.  

I hope we did not get screwed.  I was presented the same information only a few days ago.  Let me know if you plan on waiting for you return on the large investment or if you decide to take other action.   If you do not get a positive response.  Let me know and I will try to get my money back.

If you haven't already done so, I would file a dispute for fraud with your bank (and have them put a fraud alert on your accounts) - you might get your money back that way.  If you sent money via Western Union or a pre-paid, reloadable card, then you're out of luck.  You should probably also contact at least one of the credit agencies (TransUnion, Equifax, Experian) and have them put fraud alerts on your files. Please do report your caller to the FTC and your state's Attorney General.

http://www.consumer.ftc.gov/articles/0131-cre ... reduction-scams

I'm inquiring about this group too. They took $900 from my wife and I guaranteeing that they will lower out credit card balance. I called back the line and they refuse to talk to me and told me that they don't have my info on record, which I have my SsN and acct # to get charged with an upfront fee.

They ask for a lot for money to enroll but promise to reduce all your interest/mortgage rates to close to 0. My friend fell for this. They took her money right away, then wanted more info like her SSN, ALL of her acct numbers, and her mortgage info and now she hasn't heard a thing. Praying she didn't get totally screwed here. Anyone know if this is legit?? It sounds like BAD NEWS to me....