Hello -
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Remember, as with any company, there's always going to be bad
experiences, especially with high profile ones. Prior to April 2000,
Myvesta was known as "Debt Counselors of America," so you may want to
do some more searching under that name.
Make sure to visit each link, as I've only included excerpts.
BBB Record
http://www.dc.bbb.org/report.html?compid=W6749&national=Y
"The company has resolved most customer complaints presented by the
Bureau; one answered complaint remains unresolved in our files,
however. In its responses, the company provided an explanation of the
matter stating their position and referred to the written terms of
their contract."
Shanni.org
http://www.shanni.org/blog/archives/000876.php
"I used myvesta.org to consolidate mine... it was the best thing I
ever did. The only thing is -- if you do it the loan way, the credit
cards are still available to you, and then you can run them up again.
Everyone swears they won't, but they still do, and then you've got the
cards AND the loan to pay off. If you use CCCS or myvesta, that won't
happen, because you can't use the cards, because you're in credit
counseling."
---
Credit/Debt Management
http://credit.about.com/library/weekly/aa011400a.htm
"Another excellent source of advice and assistance is Myvesta,
formerly Debt Counselors of America, a nonprofit financial crisis
center. Myvesta offers individualized counseling, a debt management
service, advice on avoiding bankruptcy and foreclosure, and even
counseling for families buried in debt. This is another source you can
trust completely."
---
http://216.239.53.104/search?q=cache:poS45mwj2ccC:www.nwconnection.com/2001_08/pdf81/onlin81.pdf+myvesta+%22I+was%22&hl=en&start=11&ie=UTF-8
"Another feature that I enjoyed and profited from at Myvesta.org was
the scam section. After browsing through this section, I'll be much
more able to spot a scam and avoid being a sucker to someone else's
scheme.
---
Consumer Affairs
http://www.consumeraffairs.com/newsletters/july_31_2000.html
"OVER YOUR HEAD? HERE'S A HELPING HAND
There are hundreds, maybe thousands, of credit counseling
organizations around the country. Some are OK, others are doubtful. We
think one of the best is myvesta.org, a respected non-profit that's
now offering crisis relieft, debt work-out and financial counseling on
the Web. Anyone struggling with multiple credit card bills, personal
loans and car payments should take a look."
---
Official Safety Scores for Myvesta.org
http://www.safeshoppingnetwork.com/detail.cfm?lstid=841
---
"http://www.myvesta.org/ is often suggested on Right On The Money.
Another one is www.ihatefinancialplanning.com and this one may be good
broad information on budgeting and options for someone with moderate
debt."
http://groups.google.com/groups?q=%22myvesta.org+%2Bis%22&hl=en&lr=&ie=UTF-8&selm=3%24--%24%25%25%25_%24-%24_%25%25-%24%24%40news.noc.cabal.int&rnum=1
---
Right On The Money
http://www.rightonthemoney.org/shows/421_parkinsons/show_421.html
"Go with a legitimate blue-chip nonprofit organization. Consumer
credit counseling services are all over the country. Online, a good
organization is Myvesta.org."
---
"I used myvesta.org to control my debt and brush up my credit report
during my last years of college. Myvesta.org used to be Debt
Counselors of America. They were great and I paid everything off
before I made a major purchase...which is REALLY good because as
others have said, debt
consolidation is not pretty on your report."
http://groups.google.com/groups?q=%22Debt+counselors%22+America+%22good%22&hl=en&lr=&ie=UTF-8&selm=3d1866e1%40news.unc.edu&rnum=6
---
"The only thing I wish was better with myvesta is how we make our
monthly payment to them. There is a variety of options available,
including ACH and personal check and others, but there are significant
fees for using all of them, which means that I have to purchase a
postal money order each month. But that's a minor inconvenience as
far as I'm concerned in exchange for the peace of mind they've given
us and the knowledge that we'll be debt-free in about 18 months..."
http://groups.google.com/groups?q=%22myvesta+%2Bis%22&hl=en&lr=&ie=UTF-8&selm=3e7c478f.0202150916.55256862%40posting.google.com&rnum=1
---
"If anyone is planning on using myvesta.org you might want to think
twice. I have been using them and have found it to be nothing more
than rhetoric, scare tactics and burecratic BS. I chose them because I
really wanted to try and pay my debt w/o going bankrupt...."
"...I also used Myvesta! I agree with you totally! Also when you call
them it takes days to get a reply! I feel like I wasted a lot of money
with these people which I could have used to pay my bankruptcy
attorney!"
http://groups.google.com/groups?q=%22used+myvesta%22&hl=en&lr=&ie=UTF-8&selm=2Rlx8.78132%24XP2.29293994%40typhoon.southeast.rr.com&rnum=2
---
Credit Info Center
http://www.debt-consolidation-credit-repair-service.com/cgi-local/cutecast/cutecast.pl?forum=7&thread=1829
"I unfortunatly tried Myvesta and yes they are more interested in
controlling all of your finances and setting up a special account were
you even direct deposit your paychecks. Their tactics quite frankly
scared me and I even asked them directly how was I to know with them
having all of my account information that they wouldn't up and
transfer money right out of my account without me even knowing it and
they never replied to it. I backed out and am now trying to get my
money back and I think I will follow the advice of CIC and file a
complaint with FTC and BBB. Lee"
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