Credit Foundation of America Review

I had very good credit but came out of a divorce with a lot of debt and needed a solution to assist with some of my credit cards. I found this company via a recommendation from a lender and they were nothing but stellar from top to bottom. They helped organize a plan with multiple lenders and lowered some of my credit card interest rates significantly. Yes there is a fee, but their impact on my overall credit was nearly immediate. It takes time to pay off debt and you have to commit to something like this with an understanding of the pros and cons. My primary con was that I had to set aside a significant chunk of change each month but with about 9 months remaining in my plan I can say it has all been worth it and my credit score has increased about 200 points.

Pros: They will help reduce your monthly payments and their monthly service fee is only $40 a month. They will make the payments for you each month after you setup a monthly draft to them. Interest is also reduced and your credit does not get affected.
Cons: The lower monthly payments mean longer term to payoff which also means more profit for each creditor than the original interest would had provided. I went from a 3 year debt period to a 5 yr with ACF. This means they profit $2500 and each creditor makes a few extra hundred dollars.
So yes your monthly pmts decrease a little. But the amount to payoff is way higher and for longer term in the long run.
Caution: They will show you a balance total one month and then later tell you it was a higher balance to make it look as if more was paid off in your account.

This company is awesome! very understanding and always to help you stay on track. Was able to pay off 1/2 credit cards already with their monthly plans. Thanks

They helped my wife and I get out of mounting debt!! We tell everyone we can about them and their great service!!

Not good at all...is dum n u can pay your credit card dont need another

Very good since I been with them my credit is getting much better I recommend this company