Debt Settlement

Is FinanceSolutions.org a Reputable Company?

Written by Steve Rhode

Question:

Dear Steve,

I have $37,500 in unsecured debt. Credit cards and Lending Club. High interest rates.

Is FinanceSolutions.org a reputable company?

I can be out of debt in 36mos @ $762/mo, 45mos @ $596/mo.

Allen

Answer:

Dear Allen,

All I have written about Finance Solutions can be found here.

I would recommend that anyone considering using such a company should read the following free guides.

  1. The Ultimate Consumer Guide to Checking Out a Debt Relief Company Before You Sign On the Line
  2. 10 Must Do Steps to Find the Best Credit Counseling or Debt Settlement Company for You
  3. How to Check Out a Business or Company to Avoid Getting Scammed or Ripped Off

The FinanceSolutions.org website says they are located in New York City at 132 East 43rd Street, #237, New York NY 10017. The BBB says the president is a Daniel Blumkin. – Source

That mailing address might be this UPS Store. I’m not entirely certain.

The BBB website also lists a number of consumer complaints regarding the service they provided. – Source

No company was found registered to do business in New York State under the name Finance Solutions.

Clearly, more research and homework seems warranted before you make your eventual decision about what to do.

If it helps, here is my online calculator to compare the primary types of debt relief solutions available.

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READ  Should I Get My Credit Card Debt Restructured Through Finance Solutions?

About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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