Robert Stanley Gitmeid

Positives: It’s not a scam. It took a while and I got sued in the process but they eventually settled. In the space of 2 years, I would have cleared 35k in credit debt. Another plus is that after I signed up with Gitmeid, the collection calls surprisingly stopped, and I also did not have to appear i...n court after I got served. They took care of all legal matters as they said they would. Negatives: They are not very transparent about “how” they do things. They rarely have updates and they give you little information about the process. I called them several times asking for updates and got nothing even after I got served by the creditor. Another negative is that after the settlement was agreed, first thing they did is pull their whole fee amount (over 7K) from the escrow account. That money could have gone a long way I’m sure to negotiate a lower settlement. In the end, a large amount of the money I had saved for a year went to Gitmeid first instead of the creditor? Not cool… And my biggest complaint is that the settlement amount was so high (80%) that once I add their fees, I will end up paying a lot more than what I owed the creditor in the first place. They did not even flinch when they told me over the phone. The conversation was very impersonal. My monthly payment tripled to maintain the payoff schedule to the creditor. Luckily, I got a new better job or else I am not sure how things would have turned out. My Advice Gitmeid will do for you what they say. But don’t think it’s necessarily going to be easier and cheaper. No one can defend your interests better than yourself. In retrospect, I could have faced my creditor and worked something out directly with them.

They may convince your creditors to what you owe, but your credit will spiral into the abyss, unless it’s DISCOVER. DISCOVER WILL NOT NEGOTIATE. I have to pay DISCOVER the full amount, plus a percentage to Gitmeid PLUS my good credit, starting at over 700 is now destroyed. Big help they were. I asked... Gitmeid if my credit still takes a hit once a settlement was made. They couldn’t tell me. “We’re sorry, we don’t give advice on credit”. You can’t answer that simple question?? They don’t give a damn. If you’re in debt, they will take advantage of you and make their money. It’s kind of like declaring bankruptcy, but you’re paying money and your credit is destroyed while they claim no comment. I wouldn’t do this again. Find another way.