Enrolled in a program in April 2024 to…
Enrolled in a program in April 2024 to consolidate 5 separate creditors. Six months into the program, I was advise to to do a loan in the amount of their proposed settlement plan amounts, $35K. Applied and got loan on 36 month payment terms. This month, received an email that settlement with creditors was completed and all funds ($35K loan) had been expended. Only 1 creditor paid in full and partial disbursements to remaining 4 creditors. Now I'm responsible for remaining balances with said creditors as well as $35K loan. Final statement from CDR showed they paid themselves their 20% ($19K). Same balance owed to remaining 4 creditors. **AVOID AT ALL COSTS**