The company currently has an F rating with BBB, the lowest possible.
Factors that lowered the rating for Consumer Financial Freedom include 10 complaints filed against business, failure to respond to nine complaints filed against business, nine serious complaints filed against business and the business has failed to resolve underlying cause(s) of a pattern of complaints.
According to BBB files, Consumer Financial Freedom has a pattern of disputes alleging non completion of service issues. Complainants allege they were contacted by business to assist them with credit repair.
Complainants also alleged that they paid between $250 to $400 in upfront fees for credit repair services. Once paid, they had limited to no communication from the company and often, no services were not rendered. Complainants generally seek a refund.
A search for the company’s phone number found directory listings for business names Consumer Financial Freedom and New Beginnings Credit Repair Solutions that listed Christopher J. Jaramillo as principal. Consumer complaints received by BBB referred to Jaramillo as the owner.
A BBB investigator from Texas called the business and was told negative items could be removed from his credit record. The business quoted a price of $275 for one person, $500 for a couple to perform this service.
The Federal Trade Commission has these tips to recognize a credit repair offer that could be a scam. Stay away from any company that:
Additionally, BBB recommends consumers:
Check with the BBB before doing business at bbb.org. BBB works for a trustworthy marketplace by maintaining standards for truthful advertising, investigating and exposing fraud against consumers and businesses.
BBB of Acadiana services the parishes of Acadia, Evangeline, Iberia, Lafayette, St. Martin, St. Landry and Vermilion.