There are a number of debt consolidation companies that are targeting American consumers by claiming that they can clear all their debts at lower interest rates. They are engaging with consumers through direct mail, cold-calls and internet ads. The consumers are getting trapped in their luring offers and making their financial trouble worse. It has become a business in the US to target people who are passing through narrow financial conditions.
Keel Associates is also alleged to be the part of this network that is controlled and operated by the MHA Nation of North Dakota. There are many complaints about Keel Associates surrounding direct mail offers that are sending mail to consumers with below-average credit scores to have a low rate debt consolidation loan. After considering public records including the Better Business Bureau, Keel Associates reviews are prepared which are not going according to what company claims to offer consumers.
Debt consolidation loan providers claim to clear all debts such as credit card debts, personal loan, and healthcare debts. Innocent consumers feel trapped in their lucrative offers and are forced to pay high monthly installments. Even people with low credit scores are also being offered low interest rate debt consolidation loan. But they are compelled to pay monthly installment at high-interest rate after getting the loan. In 2017, consumers’ credit card loan was $1 trillion. A rapid rise in medical costs and food prices compared to income has developed this negative cycle.
