startnewfinancial.com

2.5
2.5 Based on 32 reviews

Start New Financial is a U.S. company headquartered in Grand Rapids, Michigan. Over the last few years, Start New Financial has helped thousands of clients eliminate, in total, millions of dollars in debt. Start New Financial is a member of the American F...

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Harry Lewis
I wouldn’t recommend this company

I wouldn’t recommend this company. My experience didn’t go too well with them. They dropped the ball more than once and left me with a 18K debt with a credit union that was named on the account from the start. Like many reviewers mention, their strategy is for you to stop paying your bills, ruin your credit, and put you in collections. This makes it easier for them to settle with your debtors. However, in my case, I moved once during the process. Then they dragged their feet with one of my debtors and that debtor took me to court and I never received the court notice/date and so I lost the case. I was court ordered to pay the full amount. No discount settlement on this debt. All SNF had to say was oops too late after they dragged their feet too long on that debt. I ordered them to pay off that debt to the court-ordered amount right away before things got any worse. Finally, I received a notice from Global Holdings, their bank associate company, that they were done and closing my account. SNF never informed me they were done with my account. I logged on and went through everything and saw that SNF left me with a 18K debt still in collection by my credit union. I called SNF and they claimed that the CU wouldn’t settle. I called my credit union and had a very friendly voice on the phone and they accepted a offer of half (.50 on the dollar) as a settlement to clear my debt which I am doing on my own. When I asked the CU if SNF ever called to settle. They looked through my records and saw that I had provided the number to SNF, and they logged several attempts to contact SNF and settle, but they never received a call back. If you use these people stay on top of what’s going on because they can drop the ball on you and things can get worse. And by all means, if by any chance you have the resources to negotiate and settle on your own with the creditors, do so, and don’t use these people.

1
Date of experience: Mar 15, 2024

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Business Details

  • Start New Financial is a U.S. company headquartered in Grand Rapids, Michigan. Over the last few years, Start New Financial has helped thousands of clients eliminate, in total, millions of dollars in debt. Start New Financial is a member of the American Fair Credit Council; the International Association of Professional Debt Arbitrators; and the Better Business Bureau, with which Start New Financial maintains an A+ rating.

    Start New Financial’s team members have, together, decades of experience in the debt-resolution industry. Start New Financial’s team members maintain accreditation from the International Association of Professional Debt Arbitrators.

    Start New is committed to helping its clients and in conducting it's business honestly, ethically, and professionally.See more

  • email customercare@startnewfinancial.com
  • call 8889102632
  • language https://startnewfinancial.com

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