Anthony Alexander found himself $8,000 in debt from hospital bills and other expenses last year when a commercial for United Debt Services, a Frisco-based debt settlement company, came on his mom’s TV.
Its claim? It will get you out of debt.
Alexander, a 33-year-old mailman from Little Rock, signed up in February 2015 and paid a $300 deposit to United Debt Services. The company had him set up a “special purpose” account where he would put in between $300 and $500 a month that he thought was going toward paying off his debt.
But United Debt Services didn’t tell him how long it would take for him to be debt-free, Alexander said. In June 2015, he called the company and discovered that the $1,300 he had put in the account had gone to Unit…
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