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Elite Financial Services

Elite Financial Services - Is It Really Elite?

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Elite Financial Services - Is It Really Elite?

Elite Financial Services is an elite company that specializes in providing financial aid for people who are struggling with debt. It has been helping people for more than ten years and is still helping people to this day.

But, is Elite Financial Services the right debt-settlement company for you? In this review, we will go over everything you need to know to make your decision. 


You get free debt analysis
You have access to your progress in real-time
AFCC member


Available only in 21 states
Pricing is not mentioned on the website
$10,000 minimum debt required

Quick Stats

Credit Score Impact
Not Available
Average Net Savings
BBB Rating
15% - 25%
Minimum Debt Required
Money-Back Guarantee
Not Available
12-36 months

Clients who use Elite's services can expect to get rid of their debt in as short a period as 12-36 months; their specialists have been trained and accredited by the International Association of Professional Debt Arbitrators (IAPDA).

Elite Financial Services is also a member of the largest trade association for the debt settlement industry, the American Fair Credit Council (AFCC).

Before we get into their debt relief program, you should keep in mind that Elite Financial Services is only available in 21 states; if you go to the "Get Started" page, you will be asked to choose the state that you live in; there will be a drop-down menu for you to choose from; you can know if your state is included or not from there.

How Elite Financial Services Debt Relief Program Works

It is such an easy, simple process that will help you get rid of your debt easily and quickly. This is how it goes:

The first step for you to apply for the debt relief program at Elite Financial Services is to call them for a free debt analysis so that Elite's team can evaluate your situation. They will then come up with a few options for debt settlement and lay out the options for you to choose from. The programs you will receive are all customized to fit your situation according to your needs and your budget.

In this first step, you will need to provide some info, such as your name and the total debt that you owe. Based on the provided info, Elite Financial Services' team will be able to evaluate your situation and come up with the right repayment program. You will then receive a call from their accredited specialists, providing you with all the options that you have.

You can then take a look at all the options that you have and then choose one according to your situation and financial abilities. All you need to do in this step is to choose a program; the rest is done by Elite Financial Services' team. 

After choosing a program, Elite's debt specialists will negotiate with creditors to convince them to lower the total amount of debt that you owe them while providing professional support all the way. 

You will be able to reach your goal and finish and settle your debt repayment program in no time, so you can throw it all behind and live with peace of mind.

Please note that debt settlement may affect your credit score.

Elite Financial Services Eligibility Criteria

To be eligible for enrolling in the debt relief program offered by Elite Financial Services, you need to be older than 18 years old and have more than $10,000 in debt. Other requirements vary depending on your situation, which will be evaluated by their specialists. 

To be able to benefit from their debt relief programs, you must be behind on paying your debt to the creditor. Elite Financial Services usually works with clients who are struggling with financial hardships that are preventing them from paying their debt to the creditors as agreed on. 

As required by law, there will be no upfront fees for you to pay at Elite Financial Services. Instead of paying an upfront cost, you pay fees based on a percentage of the debt you settle with the company. This brings us to the next section.

Elite Financial Services - Fees

Elite Financial Services charges fees per program instead of upfront fees; these fees are based upon a percentage of the debt at the time the client enrolls. Usually, the fees are based on a certain percentage of the savings the specialists of Elite negotiated with the creditors. Usually and on average, debt settlement clients typically see a 45% to 60% in saving.

Elite Financial Services charges fees that range from 15% to 25% of the enrolled debt, depending on the amount of debt provided.

Debt relief service fees can vary greatly from one client to another based on their situation. To know the fees you will be paying; it is best to speak to Elite Financial Services' specialists directly to get an accurate quote.

Types of Debt Addressed by Elite Financial Services

Elite Financial Services addresses only unsecured debt, including the following:

  • Credit card debt

  • Private student loans

  • Unpaid medical bills

  • Personal loans and payday loans

  • Back rent

  • Business debts

Customer Support

There is a whole section on the website dedicated to providing you with debt settlement resources as well as educational documents that can be used to educate people on how to manage their money and settle any debt-related issues. You can also make use of the FAQs section on the website to find answers to all the common questions you may have at any time. 

If you still can't find an answer to any of your questions, you can contact Elite Financial Services' specialists by phone.

Final Verdict

Living debt-free might sound like a far-fetched idea to someone who is drowning in debt. However, trust us when we tell you that resorting to a debt relief company can solve all of your problems. 

Elite Financial services will help you every step of the way to make sure you get rid of your debt as soon as possible. It is worth giving it a try. 

Are debt relief programs really worth it?
How long will it take me to get out of debt?
Will debt collectors still call me?
What is a credit card loan?
Is there a minimum amount of debt I need to have?
Will I be debt-free at the end of the program?
Can I negotiate on my own?

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