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Elite Financial Services vs Greenwise

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Pros
  • Free debt analysis
  • Gave you access to your progress in real-time
Pros
  • No upfront fees
  • A+ rating from BBB
  • Free consultation
Cons
  • Were available in only 21 states
  • Pricing information not transparent
  • $10,000 minimum debt required
Cons
  • Lack of transparency on fees & services
  • High-end program fees
  • No mobile app
Summary

Elite Financial Services, a debt relief company located in Beverly, Massachusetts, is no longer in operation. According to the Better Business Bureau and customer reviews on Yelp, the company has ceased its services, with an inactive and insecure website. Before their closure, Elite Financial Services provided debt settlement and consolidation solutions and aimed to help clients become debt-free within 12-36 months. The company was accredited by the International Association of Professional Debt Arbitrators and a member of the American Fair Credit Council. However, their services were only available in 21 states.

Summary

Founded in 2017 and headquartered in Boca Raton, Florida, Greenwise Debt Relief manages unsecured debt and offers personalized debt negotiation and settlement services designed to meet their client’s unique financial needs. What sets them apart is their accessible minimum debt requirement of $5,000 and the potential to complete their program in as little as 12 months. They hold accreditations from the American Fair Credit Council (AFCC) and the American Association for Debt Resolution (AADR). Their customers often praise their dedicated and intuitive customer service team. However, some areas for improvement include transparency around fees and the states in which they operate. To know for yourself whether Greenwise Debt Relief can help you regain financial control, explore this review.

Quick Stats
  • Credit Score Impact : May impact
  • Average Net Savings : Up to 45-60% of debt, before fees
  • BBB Rating : N/R
  • Fees : 15% to 25% of total enrolled debt
  • Timeframe : 12-36 months
  • Trustpilot Score : N/R
  • Customer Experience : Poor
Quick Stats
  • Credit Score Impact : Program may lower score temporarily
  • Average Net Savings : 50% before fees
  • BBB Rating : A+
  • Fees : 18%-25% of the enrolled debt
  • Timeframe : 24-48 months
  • Trustpilot Score : 4.3 out of 5
  • Customer Experience : Excellent
Selling Points
  • Multiple debt relief options were handled
  • AFCC member
Selling Points
  • Accepts unsecure loans from $5000
  • No upfront fees
  • Excellent customer reviews
Services Offered
  • Undisclosed
    Bankruptcy Counseling
  • Undisclosed
    Consolidation Loans
  • Credit Card Debt Relief
  • Credit Counseling
  • Debt Consolidation
  • Debt Counseling
  • Undisclosed
    Debt Management Plans
  • Debt Settlement
  • Undisclosed
    Loan Refinancing
Services Offered
  • Bankruptcy Counseling
  • Consolidation Loans
  • Credit Card Debt Relief
  • Credit Counseling
  • Debt Consolidation
  • Debt Counseling
  • Undisclosed
    Debt Management Plans
  • Debt Settlement
  • Loan Refinancing
Types of Debt Covered
  • Undisclosed
    Collection Accounts
  • Credit Card Debt
  • Undisclosed
    Medical Bills
  • Personal Loans
  • Private Student Loans
  • Undisclosed
    Professional Bills
  • Secured Debts
Types of Debt Covered
  • Undisclosed
    Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Personal Loans
  • Undisclosed
    Private Student Loans
  • Undisclosed
    Professional Bills
  • Secured Debts
Payment Options
  • Undisclosed
    Cash
  • Escrow/Savings Bank Account
  • Undisclosed
    Major Credit Cards
Payment Options
  • Cash
  • Escrow/Savings Bank Account
  • Major Credit Cards
Customer Support
  • Email
  • In Office
  • Undisclosed
    Live Chat
  • Undisclosed
    Mobile Application
  • Phone
  • Undisclosed
    Ticket
Customer Support
  • Email
  • In Office
  • Live Chat
  • Mobile Application
  • Phone
  • Ticket

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