Greenwise Financial Solutions wants to be your ally in your journey out of debt using a 澳洲幸运5官方开奖结果体彩网:process known as debt settlement. Debt settlement requires you🃏 to stop making payments on your bills and set aside the money for your payments in a dedicated savings account. Once you have enough money saved, Greenwise will work on your behalf to help you pay off your debts for less than you owe. 

Greenwise offers a free, no-obligation evaluation and will design a custom solution for you. It estimates that you'll be debt free in 24-48 months. Greenwise Financial Solutions holds an A+ rating from the Better Business Bureau.

Pros Explained

• Free evaluation for how much you can save: Greenwise Financial Solutions offers a free savings estimate and consultation to help you learn more about debt settlement.
• Accredited member of the American Association for Debt Resolution: Greenwise Financial Solutions is a member of the AADR, a leading association of professional consumer credit advocates.

Cons Explained

• Fees are as high as 25% of your settled debt: Greenwise lists fees of up to 25% in its fine print, a higher range than many competitors charge. 
• No mobile app or client dashboard: Some debt relief firms have a mobile app or client dashboard customers can access online, but Greenwise doesn't offer these services. 
• Less than transparent about its fees and services: The Greenwise Financial Solutions website requires you to speak with a representative to get most of your questions answered.

Types of Debt Addressed

Greenwise Financial Solutions doesn't actively advertise the types of debt it helps settle, but debt settlement is a process geared toward unsecured debt unsupported by collateral. You cannot use debt settlement for secured debts like a mortgage on your home or an 澳洲幸运5官方开奖结果体彩网:auto loan for the car you drive. For the folloꦫwing types of debt, debt settlement could be for you:

Credit Card Debt

If you have out-of-control credit card debt you cannot seem to pay off on your own, Greenwise Financial Solutions can help you settle for less. Also note that 🌞its debt settlement plans address the total amount you owe, including all interest and fees you ♎have accrued.

Personal Loans 

Debt s💝ettlement also works for unsecured personal loans you have, which could come from a bank or an online lender. Other unsecured lines of credit you have could alꩵso qualify.

Unpaid Medical Bills

Greenwise ꧋Financial Solutions can also help you bundle unpaid medical bills into your debt settlement plan. This means it will work with hospitals, doctors, and other medical providers to help settle debts on you🐈r behalf.

Client Onboarding

Like other debt relief firms, Greenwise Financial Solutions begins with a free phone consultation where potential clients learn how much they could save and how 🍎long the debt settlement program might last. To qualify for help from Greenwise Financial Solutions, you must have at least $7,500 in unsecured debt. 

Customer Service

Greenwise Financial Solutions employs trained debt specialists to help you settle debts for less than you owe. These experts know the law and use rules like the Fair Credit Reporting Act, the 澳洲幸运5官方开奖结果体彩网:Fair Credit Billing Act, and the 澳洲幸运5官方开奖结果体彩网:Fair Debt Collection Practices Act.

Customer service options are a🥂vailable via email or phone Monday through Friday from 9 a.m. to 8 p.m. EST. You can also send a message . Greenwise does not offer online chat, a mobile app, or a client 🌼dashboard.

Company Reputation

You can find information about debt relief companies online and read reviews about user experiences. We suggest checking the 澳洲幸运5官方开奖结果体彩网:Consumer Fin🐼ancial Protection Bure🐎au (CFPB) database for complaints and the 澳洲幸运5官方开奖结果体彩网:Federal Trade Commission (FTC) to see if any company you're considering is under inves🌳tigat🌠ion or part of a lawsuit. 

Greenwise Financial Solutions doesn't show any open complaints on the CFPB database and has not had any reported problems with the FTC, which has the authority to ban debt relief companies from offering services. Greenwise is an accredited member of the American Association for Debt Resolution (AADR), an organization that sets standards for debt relief companies. However, it's only been in business since 2018 and has a fairly limited number of customer reviews.

Average Relief Amount

Greenwise Financial Solutions says customers pay an average of 68% to 75% of their enrolled debt amounts after accounting for debt settlement fees. This means total debt savings typically fall between 25% and 32% of the amounts owed. 

Average Time for Relief

Like most debt relief c📖ompanies, Greenwise Financial Solutions claims to help most clients over 24 to 48 months.

Cost

Greenwise Financial Solutions charges fees up to 25% of your enrolled debts.

The Competition

Research several top options within the debt relief industry and compare providers. We compared Greenwise Financial Solutions to National Debt Relief, a highly rated and respected debt relief company. While both firms promise they can help you get out of debt in approximately 24 to 48 months, and both offer a free consultation, National Debt Relief can easily be seen as a "safer" option.

Not only does National Debt Relief charge debt settlement fees that start at 18% of your settled debts, but it also has an online client portal that lets customers track their debt relief progress over time. It is also accredited with the AADR.

Final Verdict

While Greenwise Financial Solutions is not one of our top debt relief companies, it may be worth considering if you're looking to get a better idea of your available debt relief options. You can speak with one of its debt specialists for a free evaluation, which can help answer your questions so you can decide if debt settlement will work for you. Receiving a free estimate will also help with your research into other debt relief firms as you compare available options. You may find that another debt settlement company offers more benefits and customer service options with lower fees.

Methodology

cnjem.compared more than 15 debt relief companies for our🐓 reviews. Factors we c🧸onsidered include customer service and satisfaction, reviews and rankings, cost and transparency, debt relief services, and company reputation. 

We gave the highest rankings to debt relief companies with transparent pricing and plenty of information for consumers, as well as those not subject to lawsuits or complaints with federal departments like the Federal Trade Commission. We also compared debt relief companies based on their accreditation or standing with the American Fair Credit Council and the International Association of Professional Debt Arbit⛦rators.