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New Era Debt Solutions negotiates a payment that is less than the balance owed, which is more beneficial for the borrower than just reducing the interest rate, as with other debt relief solutions such as debt consolidation and credit counseling, since other debt relief solutions don’t reduce the total debt balance.

Yes, it's been a BBB A+ accredited business since 2001.

The timeframe ranges from 24 to 48 months.

Debt settlements have their drawbacks; affecting the credit score comes on top of the list. It’s an inevitable result when deciding to settle your debt due to federal taxes, late payment penalties, and fees charged to negotiate your debt.

The fees are 16% to 20% of the enrolled debt.

New Era Debt Solutions has many other debt relief solutions, including debt management programs, debt consolidation, and bankruptcy.

It covers unsecured debts such as personal loans, credit card debts, and private students loans.