NationwideDebtSolutions.com
NationwideDebtSolutions.com has been in the Credit and Debt industry since 1998 and it is evident when you talk to their debt consultants that they are very experienced and knowledgeable in the field. What we found to be extremely pleasing about their approach is that they really listen to their clients and thoroughly cover the pros and cons of the debt management options available. They are very patient and seem to be more focused on finding the right solution, instead of just quickly enrolling anyone.
Another important factor when choosing any debt program is knowing what percentage of your total debt is being collected into escrow for direct use in making settlements. Our research shows that companies are all over the map on this one; ranging from 25% to 50%. The debt settlement program offered by NationwideDebtSolutions.com collects a full 50% into settlement escrow which allows for a worst-case scenario. This is very good, because a huge number of complaints about other companies are regarding not having enough funds in escrow to adequately settle all accounts. An important note is that many companies collect a lower amount for settlement to entice clients in with a lower monthly program payment. In our opinion, companies that do that are simply setting clients up to fail. Since NationwideDebtSolutions.com collects a full 50% into settlement, you are effectively building funds for settlement faster and are in a better position for success in the program.
The time they take with each client with an initial consultation really pays off when their client’s tend to be dedicated to staying in the program for a successful completion. They also explain to every client why this industry tends to have a lot of complaints, and that the reason they don’t, is simply because they prepare every client with what they need to know to effectively handle creditor calls and communicate regularly with a dedicated customer service staff.
Each client is also provided with online account access to closely monitor their progress in the program, as well as get up to date information and support tools such as educational videos and a monthly newsletter. The fees they charge are well within the standards for the industry as outlined by TASC and USOBA.
On March 17, 2009 ChoiceREVU Editor wrote:
We are giving this debt consolidation and settlement company very high marks, which is unusual in this industry. I think that their approach to really educating their clients and not just pushing to enroll is driving their great reputation. Hats off to them for putting their client’s first. – ChoiceREVU Editor
On March 17, 2009 Samantha Wheeler wrote:
I had a great experience with this company. I was under huge stress when I called in and they provided me with some great information that made me feel a lot better. I did not enroll in their program, but my debt consultant there helped me formulate a plan to stay on track. If I cannot keep to my plan, I will certainly call them back and enroll with them. They are really great to work with.
On April 4, 2009 marcainas wrote:
I just signed up as a client with these guys and feel very confident in their program. I feel they were very up front with me about the program pros and cons. I also really like the fact that I can monitor my progress online and communicate very easily with them at any time. Over the next 42 months, I will be getting completely out of debt – YEAH! I wish I had gotten started about 4 months ago when I first looked in it.
On August 5, 2009 Jennifer Coffax wrote:
I was so impressed with these guys. I have spent the last 3 weeks talking to different companies that all seemed to only want to tell me limited info to get me enrolled. The person I was working with here actually gave me counseling with some great advice. I am completing my enrollment now and actually feel like I have a solid understanding of debt settlement, and know what to expect during the program. Thanks guys, I so much appreciate your help and will recommend you to anyone going through what I am.