New Era Debt Solutions Review


Rating: 8.8 / 10 (Excellent)
Disclosure: We receive advertising revenue from some partners. 
Learn more.
Based in California, New Era Debt Solutions is a debt relief company that aims to help its customers become debt free. The company has been providing services since 1999 and has helped settle over $200 million in debt for their clients across the country. New Era Debt Solutions is accredited with the IAPDA and AFCC and enjoys an A+ rating with the BBB.

How is New Era Debt Solutions rated?

Breakdown

10/10
Reputation
8/10
Qualification
10/10
Pricing & Fees
8/10
Services

Overall Rating: 8.8 / 10 (Excellent)

New Era Debt Solutions has a fine reputation and is a sound choice for those who are seeking negotiation and settlement of unsecured debt. The company has developed considerable expertise in that realm and provides a great deal of information about it on its website. People looking to explore a wider range of options for dealing with debt problems, however, may wish to look for a more comprehensive firm.

New Era Debt Solutions Services

Services - 7.9 / 10

New Era focuses on debt settlement. It does not make debt consolidation loans or advise people about bankruptcy. For consumers who are certain that debt settlement is the route for them, New Era provides expert services. However, consumers who wish to explore other strategies may wish to consult firms that offer a wider range of debt relief options.
Services Offered
Debt Settlement
Professional Consultation
Estimated Debt Reduction
56.27%
Program Length
27.3 months

Qualification

Qualification - 7.7 / 10

New Era negotiates debt settlements involving unsecured loans. It does not handle obligations relating to mortgages, credit unions, medical bills, and secured debts. The company does not publish a minimum loan balance that a consumer must have to become a New Era client.
Debt Solutions For
Personal Loans
Unsecured Loans
Credit Cards
Collections & Repossessions
Excluded Debts: Mortgages, student loans, credit union debts, medical bills, car loans, secured debts.

Pricing: How much does New Era Debt Solutions cost?

Pricing & Fees - 10 / 10

New Era Debt Solutions stands out as one of the very few debt relief firms that publishes statistics about its average settlement amount, its customers' average program time, and the percentage of clients who are sued while in the program. It should be commended for this transparency. Disappointingly, however, the company does not publish its fee schedule.
Up-front Fees?
No

Reputation

Reputation - 9.5 / 10

Although New Era doesn't have many reviews with the BBB, those that it has are overwhelmingly positive. The company is highly rated by that organization. It has no presence on TrustPilot. Though New Era, together with a number of other debt relief companies, was investigated by the New York Attorney General, no charges were ever filed. The company has not been the subject of any reported consumer or regulatory litigation--and it has been in business for over 17 years. Overall, the company's reputation is very sound.

Company Details

Year Founded
2000
Amount of Debt Settled
$200

Compliance & Accreditations

IAPDA Accredited
No
FTC Compliant
No

Online Reviews

BBB Rating
A+
Number of BBB Positive Reviews
13
Number of BBB Neutral Reviews
0
Number of BBB Negative Reviews
0

Contact & Additional Information

Homepage URL
Headquarters Address
330 Wood Road, Camarillo, CA, 93010

Leave a comment for New Era Debt Solutions
Minimum 12 words.
 No maximum length.
* What's Your Rating?
To make this comment as helpful as possible for our community, please provide at least 2 sentences.

Top Rated
Our Partner
9.9 / 10
  • Chosen by Almost 90% of ConsumersAdvocate Visitors
  • Our #1 Choice: 100% Satisfaction Money Back Guarantee
  • No upfront fees
  • One-on-one evaluation with a debt counseling expert
  • Reduces your debt in 24 to 48 months
  • For people with $7,500 in unsecured debts and up
  • Rated A+ by Better Business Bureau
  • Free consultation, 100% Confidential