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American Settlement Solutions
American Settlement Solutions is a timeshare exit company based out of Springfield, MO. The company claims it can help you get out of a timeshare contract legally. The company website is very user-friendly, and as we scanned the site, we saw a few things that stood out to our team. We advise anyone who’s looking to work with American Settlement Solutions to reach out to our team by initiating Live Chat or fill out the form on the right, so you stay protected from timeshare scams. American Settlement Solutions also charges its customers up-front fees.
American Settlement Solutions Reviews
American Settlement Solutions reviews are mostly negative, and we will discuss this in the review below. The first thing that stood out was American Settlement provides a guarantee if they accept your case. This is very good in our eyes because you want security when you pay any timeshare exit company, end of the day you are spending a few thousand dollars, and your peace of mind is a priority. If you are skeptical about a timeshare exit company, we recommend working with a company that provides an escrow option.
An interesting find was that American Settlement Services was tied with Nationwide Settlement Solutions (another timeshare exit company). This was determined by identical CEO stories from “Michael Miles” stated on both websites. Many American settlement Solutions reviews also have confirmed this information. Another thing that stood out to our team was a statement that American Settlement claimed:
“Each situation is unique, and yet, there are similarities to every story. Did your closing process feel rushed? Were you promised that your timeshare would gain significant value, but the market hasn’t moved? Were you told that owning a timeshare would provide tax benefits? Share the particulars of your experience with us, and you will be under no obligation to engage our services. However, you will learn your options and gain confidence that we can help you terminate your timeshare agreement, should you so choose. It’s quick. It’s easy. Best of all – every case we take on is 100% guaranteed”.
From this information, it seems like American Settlement solution focuses on misrepresentations you faced during your presentation, which is good because they focus on the lies and deceit that got you trapped in this timeshare contract. The company does not offer an escrow option or payment plans, there are no indications of cost, but as we examined multiple review platforms, we have concluded that the cost varies on your timeshare situation, just like many other timeshare exit companies.
Our team recommends working with companies that offer escrow because it gives you an extra layer of protection, so you don’t have to pay up-front fees, and unfortunately American Settlement Solutions does not provide this option. The company has written testimonials, anyone can write something and claim its true, we’ll let you be a judge of that. We have attached a testimonial directly from the website below.
American Settlement Solutions Cost & Fees
The cost and fees for American Settlement Solutions were not directly listed on their website. This is common in the timeshare exit industry. Most companies don’t state the cost or fees so they can get you to pay more. We suggest you get everything in writing before working with American Settlement Solutions and always haggle the price if you are working with this timeshare exit company!
American Settlement Solutions Ratings
American Settlement Solutions has a “D+” rating on the Better Business Bureau (BBB). They do, however, have 3/5 stars on the Better Business Bureau with 37 complaints that were closed in the last three years and 22 complaints closed in the previous 12 months. It’s also stated that this company has been in business for five years with no rating. This is concerning for our team because if you have been in business that long, you should be accredited by the Better Business Bureau.
As we mentioned earlier, American Settlement Solutions is connected to Nationwide Settlement Solutions, and as we scanned the yelp for Nationwide Settlement Solutions, we came across an interesting find. They have 1.5/5.0 stars on yelp. A lot of these statements on yelp were about individuals stating they were pressured into getting out of their timeshare contract, that isn’t right because you’re seeking help so you can get out of your timeshare contract and you don’t want to be pressured because that already happened when you originally purchased this timeshare! There were no Trustpilot reviews by either company.
After much consideration, this company receives a 2.0/5.0 MyTER Rating. We gave American Settlement Solutions this rating because they do not have an escrow option or 100% money-back guarantee, they have many negative reviews compared to positive reviews on Yelp and the Better Business Bureau. If a company has to save face by operating under a different name such as American Settlement Solutions operating under Nationwide Settlement Solutions, that should already tell you a lot about the company.
Our team does not recommend American Settlement Solutions due to the vast amount of negative reviews. If you are paying thousands of dollars up-front, we recommend working with a company that offers escrow or a company our team determines is legitimate. Protect yourself from timeshare scams and initiate a live chat or fill out the form on the right so we can help determine the best timeshare exit company for your situation.
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