Debt Relief
Top Companies in 2024
GreenPath Debt Relief vs New Era Debt Solutions
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- Free consultation
- No minimum debt required
- Available in all 50 states
- A+ BBB rating
- No upfront settlement fees
- Free consultation
- IAPDA-accredited & BBB-accredited with A+ rating
- Transparent fee structure
- Settles debt in as little as 28 months
- Fixed setup and monthly fees
- Limited in-person availability
- Restricted credit card use
- Few debt-relief options
- No guarantee of settlement
- Not available in all states
- Solutions limited to debt settlement
- Limited support hours
- No mobile app
GreenPath Financial Wellness has been prominent in the debt relief and financial counseling landscape since its inception in 1962. First opened in Michigan and now operating nationwide, this non-profit organization offers a wide array of services, including debt counseling, a Debt Management Program (DMP), student loan counseling, housing counseling, and bankruptcy counseling, among others. Their team of NFCC-certified counselors provides personalized guidance to people seeking financial stability. Despite having limitations like fixed fees and credit card use restrictions, they maintain industry accreditations and have an A+ rating from the Better Business Bureau (BBB). Read this review to find out whether GreenPath can help you reach your financial goals or not!
For the last 25 years, New Era Debt Solutions has helped many people, especially families, lighten their financial burdens by settling their debt in an average of just over two years. They follow a personalized approach, pairing you with dedicated debt relief specialists who negotiate with your creditors to significantly reduce your obligations. The company has scored an A+ rating from the Better Business Bureau (BBB) and is accredited by the International Association of Professional Debt Arbitrators (IAPDA). They have a reputation for boasting trust and transparency with clients, for whom they settled over $275 million in debt across 47 states.
- Credit Score Impact : May impact your credit score
- Average Net Savings : Undisclosed
- BBB Rating : A+
- Fees : Up to $50 one-time setup fee & Up to $75 monthly fee
- Timeframe : 3 to 5 years
- Money-Back Guarantee : False
- Trustpilot Score : 3.7 out of 5
- Customer Experience : Good
- Credit Score Impact : Program may lower credit score
- Average Net Savings : Around 47.77%, before fees
- BBB Rating : A+
- Fees : 14% to 23% of debt settled
- Timeframe : 28 months on average
- Trustpilot Score : 5 out of 5
- Customer Experience : Excellent
- NFCC-certified counselors
- Wide range of financial counseling options
- Over 550 partnerships across the United States
- Extensive educational resources
- 24/7 Virtual Financial Coach
- Relatively low debt settlement timeframe
- Offers Rapid Resolution Program (RRP)
- Has flexible payment options
- Bankruptcy Counseling
- Consolidation Loans—Undisclosed
- Credit Card Debt Relief
- Credit Counseling
- Debt Consolidation—Undisclosed
- Debt Counseling
- Debt Management Plans
- Debt Settlement—Undisclosed
- Loan Refinancing—Undisclosed
- Bankruptcy Counseling
- Consolidation Loans—Undisclosed
- Credit Card Debt Relief
- Credit Counseling—Undisclosed
- Debt Consolidation—Undisclosed
- Debt Counseling—Undisclosed
- Debt Management Plans—Undisclosed
- Debt Settlement
- Loan Refinancing—Undisclosed
- Collection Accounts
- Credit Card Debt
- Medical Bills
- Personal Loans
- Private Student Loans
- Professional Bills
- Secured Debts
- Collection Accounts
- Credit Card Debt
- Medical Bills
- Personal Loans—Undisclosed
- Private Student Loans
- Professional Bills—Undisclosed
- Secured Debts
- Cash—Undisclosed
- Escrow/Savings Bank Account
- Major Credit Cards—Undisclosed
- Cash—Undisclosed
- Escrow/Savings Bank Account
- Major Credit Cards—Undisclosed
- In Office
- Live Chat
- Mobile Application—Undisclosed
- Phone
- Ticket
- In Office
- Live Chat
- Mobile Application—Undisclosed
- Phone
- Ticket—Undisclosed
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