Fidelity Debt Solutions

Fidelity Debt Solutions, based in San Diego California, offers debt settlement services for credit cards, unsecured loans and lines of credit, auto debt and medical debt. The Company was founded in 2004 and also operates as the Aaron Mortgage Group.

Since its inception, the company has received 14 consumer complaints filed with the BBB. The complaints have involved the following:

5 complaints for Service Issues
4 complaints for Billing or Collection Issues
2 complaints for customer services issues
1 complaint for contract disputes
1 complaint for refund Or exchange issues
1 complaint for selling practices

Of these 14 complaints, 5 were resolved with the consumer. In addition to the complaints filed with the BBB, the company has recieved several complaints on ComplaintsBoard.com that involved service and billing issues. If you are considering working with this company, please do your research beforehand.

Fidelity Debt Solutions

Aaron Mortgage Group Inc
591 Camino De La Reina #305
San Diego, CA 92108

TJ Belfanti, Vice President
Phone Number: (888) 241-2416
Fax Number: (866) 996-0995

Advanta Cancels Small Business Owners Lines of Credit

Advanta, a lender that specializes in providing credit to small businesses, announced today that it is retracting all of it lines of credit to small business owners.

The root of Advanta's problems stems from its need to re-pay the principal on bonds sooner than expected. In short, Advanta no longer has investor capital to lend to small businesses.

Ironically, Advanta was offered TARP money last year, but declined saying their balance sheet was in healthy shape.

This is the largest cancellation of lines of credit in recent history, and will affect more than 1 million small businesses.

Read the actual letter that Advanta sent to its employees on May 11th at the consumerist website.