Is Ascend Finance the same debt consolidation scam preying on vulnerable consumers?
Ascend Finance has been making waves in the debt consolidation world with their assertive claim of utilizing proprietary algorithms and government forms to help customers compare their options. While the company portrays itself as a revolutionary solution at www.tryascend.com, a closer look reveals that their offerings might not be as innovative as they seem. This article will delve into the legitimacy of Ascend Finance’s claim and examine whether their services are truly as groundbreaking as they appear.
Debunking the Proprietary Algorithm
At the core of Ascend Finance’s claims is their alleged use of a proprietary algorithm that takes advantage of government forms. However, upon further investigation, it seems that the company merely employs a simple Chapter 7 Means Test Calculator – which ultimately refers you out to debt settlement companies like CuraDebt. This common tool, used to determine if an individual qualifies for bankruptcy, hardly qualifies as a sophisticated or proprietary algorithm.
Unmasking the Ridiculous Claim
Ascend Finance’s claim appears to be a marketing tactic designed to generate intrigue and attract customers. By promising a unique and exclusive approach, the company aims to set itself apart from the competition. In reality, their methods are far from revolutionary, and the assertion that they have a proprietary algorithm utilizing government forms is, quite frankly, ridiculous.
The Hidden Agenda: Debt Settlement Services
While Ascend Finance touts its alleged algorithm as its primary offering, a closer look suggests that their main business is actually selling debt settlement services. By disguising their true intentions behind the facade of a cutting-edge tool, the company attempts to gain trust and credibility with potential clients. In reality, their primary objective seems to be enrolling customers in their debt settlement program.
In an industry fraught with competition and fraud, it is not uncommon for companies to make bold claims to stand out from the crowd. However, it is essential for consumers to be vigilant and scrutinize the legitimacy of these claims. In the case of Ascend Finance, it appears that their proprietary algorithm is nothing more than a marketing ploy to sell debt settlement services. Customers should approach such claims with caution and conduct thorough research before making any financial decisions.