About Chris G. Expertise I am a financial counselor that can answer consumers' personal finance questions in following areas: - Beating & Reducing Debt - Budgeting - Building Savings - Careers & Extra Jobs - Dealing with Collectors - Identity Theft - Money & Marriage - Personal Insurance.
Experience The past four years in the banking field have given me a heart for helping families with their finances to better their financial future.
I hope you can help me out this company called me up out of the blue and asked if I was interested in reducinf my credit cards mortgage l o credit iHE TOLD ME ABOUT THE PROGRAM AND THEY SAID NEED CARD INFO JUST THE TWO MIDDLE BLOCK OF NUMBERS THEN HE WENT ON TO TELL ME THE REST OF THE NUMBERS AND THEN ASK FOR NUMBERS AT THE BACK THEY NEED THESE SO WHEN THEY CONTACT MY BACK ETC TO SAY THEY VARIFIED IT WITH me to give them permission I was so reluctant about doing this and they kept on talking to me and at times I was ease he told me how much money I was going to save over the life of the mortgage and said with his figuires it shows that I will save about $25oo.00 less their fee $690.00 and I still will be well ahead and for the life of the mortgage it will remain on the low end of per cent .and he also said the banks tend to charge way to much and because I have a good credit and pay my bills on time they are going to work for me .I guess I fell for this because it was not long ago I was asking the bank to lower my rates and they said no.Another concern I have I am afraid I will go to my account and they will be empy our L o C and cards max out and this will affect my credit score is there some in the law for Canada that protects me from fraud then May they are a respectable company I am just worrying about this problem I am having I hope you can contact this company and get inf o and pass it back to me how respectable there are their number is www.MCSPROGRAMS.COM
ANSWER: Hey Terry,
Thanks for telling me your story. I don't know if I completely understand everything that you wrote, but I will try my best to help you in some areas.
If you gave them a credit card number, go and cancel that card now. Even if you have a balance on the card, it can be canceled. OR you can tell them that you lost the card and they will cancel that number and issue a new one. That way, they cannot charge that account.
I do not recommend using this company or anything like it. If you do the debt snowball with your debts, you can get out of debt just as quick, and won't have to pay a company a "fee" to do it. Just put "debt snowball" into a search engine and you will find plenty of resources discussing it.
If they have charged your account without telling you about the charge, you should not be liable for the the charge. Call the bank and find out how to file a "dispute" on an unauthorized charge. They should be able to help you.
I hope that helps you out.
Chris Gagner
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QUESTION: I did give authorization they tell me that they go the bank and have all my cards per centages lower and mortgage and will continue to this now that I am member I just felt terrible by doing this giving all my info up
Thanks FOR time
Answer Alright. Well, since you have already went with this deal, you might as well stick with it. In the long run, it might save some money. Just keep an eye out on your accounts and make sure that they aren't taking money out of your account that they shouldn't. I have checked out their website and they look like a legitimate company.
Try to learn as much about this company as you can. You might need to try to look up some more information about this company online. As long as they are legitimate, you'll be okay.
