Elite Financial Services
Elite Financial Services
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Pros
- Free debt analysis
- Gave you access to your progress in real-time
Cons
- Were available in only 21 states
- Pricing information not transparent
- $10,000 minimum debt required
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.
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
Selling Points
- Multiple debt relief options were handled
- AFCC member
Services Offered
- Bankruptcy Counseling—Undisclosed
- Consolidation Loans—Undisclosed
- Credit Card Debt Relief
- Credit Counseling
- Debt Consolidation
- Debt Counseling
- Debt Management Plans—Undisclosed
- Debt Settlement
- Loan Refinancing—Undisclosed
Types of Debt Covered
- Collection Accounts—Undisclosed
- Credit Card Debt
- Medical Bills—Undisclosed
- Personal Loans
- Private Student Loans
- Professional Bills—Undisclosed
- Secured Debts
Payment Options
- Cash—Undisclosed
- Escrow/Savings Bank Account
- Major Credit Cards—Undisclosed
Customer Support
- In Office
- Live Chat—Undisclosed
- Mobile Application—Undisclosed
- Phone
- Ticket—Undisclosed
FAQs
Is Elite Financial Services still in business?
Is a debt relief program like that of Elite Financial Services really worth it?
How long did it take to get out of debt with Elite Financial Services?
Would debt collectors still have called me if I worked with Elite Financial Services?
Was there a minimum amount of debt I needed to have with Elite Financial Services?
Would I have been debt-free at the end of the Elite Financial Services program?