Dec 21, 2015 – Following the Great Recession, a crisis that plunged thousands of people into overwhelming debt, many companies have entered the consumer debt relief industry to meet the growing demand.
That’s a good thing, to an extent. Unfortunately, because of the vulnerability of consumers in tough financial situations, the industry can attract unscrupulous operators. How can you know whom to trust?
At Woodland Hills, Calif.-based Vantage Acceptance, our integrity is backed by three organizations: The Better Business Bureau, the International Association of Professional Debt Arbitrators, and the American Fair Credit Council.
But what do these endorsements really mean?
• Better Business Bureau – Vantage Acceptance has earned an A+ rating, the highest rating possible, from the Better Business Bureau as an accredited business. The consumer protection organization assigns ratings to businesses based on how it believes they will interact with customers. In rating a business, the BBB looks at complaints it has received about the business and how the company handled them; the type of business, and whether it operates lawfully; how long the business has been operating; and whether the business has complied with all licensing and regulatory requirements.
• International Association of Professional Debt Arbitrators – Formed in 2000, this organization has trained and certified more than 4,000 debt relief professionals. The IADPA has awarded Vantage Acceptance its highest credential, an Accredited Service Center, which validates an organization’s commitment to staff training and certification, resulting in consumer confidence. It identifies organizations that employ a significant percentage of IADPA-certified customer service and debt negotiation staff.
• American Fair Credit Council – The AFCC, the leading association of professional consumer credit advocates, promotes and enforces best practices and a strict code of conduct; and advocates for legislation and regulations that support consumers dealing with overwhelming credit and debt problems. AFCC members only accept a fee from consumers after they have achieved a settlement agreement with their creditors and the debt has been resolved. The AFCC was formed in 2011 by a group of industry-leading companies, to help ensure members comply with new Federal Trade Commission regulations enacted after the Great Recession. The organization replaced The Association of Settlement Companies. Members achieve accreditation annually after undergoing inspection and auditing from a third-party accreditation and/or certification company.
For information and help with your credit issues please contact Vantage Acceptance of Woodland Hills, California.
Video Link: http://www.youtube.com/embed/gzggw86Iuzs
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Company Name: Vantage Acceptance
Contact Person: Brian Daniels
Phone: (800) 829-7700
Country: United States