Robert Stanley Gitmeid

I used this service and it would take months to reach a settlement. I had to remove several of my accounts and settle them myself. They were great in the beginning, but as I came close to the end the got worse and worse. On my last account they never sent an agreement to negotiate so I received a set...tlement offer. I sent it to them on the 15 of dec and nothing happened. I followed up several times and still nothing. On the 2nd of Jan the sent the letter to authorize. On the 8th they said that the letter was out of date and needed a new one. But never bothered to contact me in any way. They promised to expedite almost one month prior but didn’t even bother to follow up. But they kept charging monthly fees. If you are in no hurry or don’t worry to resolve quickly I’m sure they are ok. But if you plan to pay off quickly they are absolutely terrible. I would suggest another service for sure that can at least follow up. There were a lot of fees not disclosed up front. So be warned!

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.

I did call them a year and a half ago and I don’t regret it, it’s been hard for me to keep up with the payments but I’m working hard to be out of debt as soon as possible, they have been working hard to handle all my creditors, I have no harassment calls for creditors, no appearances in court and I h...ave six credits cards paid off by now even Discover, they charge a reasonable amount of money and I think that all the process is worth it, they have to deal with all the mess that we caused for living beyond our means.

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.

18 months later and they’ve helped me clean up almost $30K worth, plus the creditors don’t call/harass me anymore. I’ve been served to appear in court with some creditors. As soon as this happens, I let the Gitmeid team know and they take it from there. I haven’t had to go to court yet, thankfulll...y. The key is to make the scheduled payments every month, and to notify them immediately of any court notices so they can handle them for you. One month at a time. Slow and steady, and I’ll be out of this soon. Yes there are fees, but with the settlements they arrange, I’m still not paying back all that I’m in debt for, even with their fees. Work hard, make the deposits. Gitmeid will get you out of debt. I’ll give them 5 stars when I’m debt free.