I just got a call from this number while I was at work, it came through my work phone. It was an automatic message telling me to "Press 1 to take advantage of our low-interest credit card or 2 to remove your number from our calling list." I pressed 2, but instead of any message confirming the removal, the automated system hung up.
They shouldn't have called in the first place. I don't know much about the laws on this, but I suspect it's illegal to make unsolicited sales calls to businesses.
google the name and its actually a debt management program. looks like its there to help you manage your debt. At least that was one of the links I found.
An automated message plays when you answer "To reduce debt press 1.... to remove press 2" as other people have put above. Googled the name and have the following below. The person above "tg" must work for them or not be very swift. Scammers!!!!!!!!!!
"I was contacted by this so called company which should be named VersaSCAM not Versadebt.I fell for the scam and yes paid my 990.00. After I got the so called package which stated in the terms and conditions that they promise you nothing and can change the thems and conditions at anytime and not receiving in writing like I was told that my credit card rates would be set to a fixed rate of between 10% and as low as 5% I requested my money back and was told I would have in in around 3 days,that never happened and then I was told 7-10 business days then next was that by law they had up to 30 days! Well it's now been 41 days and nothing."