1,091 inquiries | Credit Counseling and Management Services Non-Profit
(800) 516-3834
http://www.abacuscc.org
Monday-Thursday: 5am-10pm PT Friday: 5am-7pm PT Saturday-Sunday: 7am-7pm PT
Company Rating
AAA
Customer Reviews
based on 2 reviews.
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Complaint Experience
N/A
Membership Information
This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
Recent Review
No Wavier For The Poor
I meet the 150% poverty guidelines and they are trying to charge $23 for the certificate. They say my Food Stamp is income. I explained to them EBT cards cannot be used as money here on my state just food only. I know they are getting government grant money to assistance the poor with bankruptcy but they still charging. Gave me a $2 discount when I explained I have no income . I am waiting for disability. This is so wrong
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BCA's Summary and Analysis:
We have received no complaints against this company.
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Company Info
Abacus Credit Counseling provides consumer credit counseling and management services. Their online courses help you to analyze your spending and debts, and review the basics of good financial planning to help you get a fresh start after bankruptcy.
Interested in Abacus Credit Counseling? Contact them directly!
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Licensing
As of our last verification August 16 2010 we verified that this compay is registered with the Department of Corporations. You may verify bonding by calling the Department of Corporations at (213) 576-7690 or visiting their website at www.corp.ca.gov. ~~Nonprofit credit counselors are exempt from the licensing requirement for companies performing similar services if among the other requirements for exemption they maintain a $25 000 bond with the Commissioner of Corporations.
BCA has no information regarding government actions at this time.
Credit counselors perform services that include education and counseling and debt management, whereby they collect money from you and make monthly payments to your creditors. Credit counseling organizations are nonprofit organizations and are, therefore, exempt from the provisions, including licensing, that would otherwise apply. They are subject to limitations on what they can charge you. For example, if they make payments to your creditors of $300 in a month and may charge only the lesser of 8 percent or $35, their charge could be no more than $24. Debtors may not realize that if their creditors do accept a negotiated settlement, the amount forgiven constitutes taxable income. For businesses outside of California, please check with the agency that regulates this industry.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
BCA has no information regarding advertising review at this time.
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