Simple Dept Solutions Reviews {2022} Does It End Your Debts Problems?

Have you heard of Simple Debt Solutions? A debt settlement company that offers debt relief services to borrowers. Are you wondering if it’s legit or another scam? Go through this article to find out how it works.

What Is Simple Debt Solutions All About?

Simple Debt Solutions is a debt settlement company based in Los Angeles, CA. It offers debt relief services to borrowers in 26 states (and Washington, DC). Simple Debt Solutions is an early stage company that was launched 2 years ago.

Simple Debt Solutions operates on a contingency fee basis. Companies operating under a contingency fee model charge fees that are based upon a percentage of the debt at the time the consumer enrolled; occasionally they are based on a percentage of the savings negotiated by the debt-settlement company. Across the industry in general, debt settlement clients typically see a 45% to 60% reduction of their enrolled debt.

How Simple Dept Solutions Works:

• Simple Debt Solutions only considers companies who have at least $10,000 in debt or individual accounts if they have a balance of $450 or more per account
•  Bases its fees on how much you save when a settlement is accepted and not on the total debt enrolled like most debt settlement firms do.
• Simple Debt Solutions is accredited by the International Association of Professional Debt Arbitrators (IAPDA).
• Simple Debt Solutions has only been in business for 2 years.
• Settles private student loans, business debt, and all types of unsecured debt, such as credit cards and personal loans.
• Simple Debt Solutions is only available in 26 states.
• It uses a third-party company to service debt settlement accounts.

Is Simple Debt Solution Legit?

First of all, Simple Debt Solution offers no monthly consultancy fee and has been accredited by IAPDA accredited debt specialists on staf. there are positive customers reviews on Trustpilot about Simple Debt Solutions. Majority of users are so joyful that the get out of their debts.

See what a user has to say –

Les Pierce was wonderful to work with, he took his time to explain everything in detail with the whole process and he was very helpful and informative. I learned a lot about the credit card and loans industry. I wish I would have got on board with this program earlier!! Thank you Les!

jaclyn parry

Luis was very engaging and helpful describing how their program works, patient and attentive throughout and answered all questions to my satisfaction. Shareece also explained and answered all questions to my satisfaction.

Oleta

However, there are some inconsistences associated with Simple Debt Solutions –

• Debt relief services only available in 26 states
• Is not an AFCC member
• Only considers clients with a minimum debt balance of $10,000
• Requires a minimum balance of $450 per account.

Conclusion:

Simple Debt Solution seems to be a legitimate debt settlement company that offers debt relief services. However, its criteria is so tedious that some individuals cannot afford them. Therefore, potential customers should trend with caution.

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