Terry Savage and The Chicago Sun Times Put New Era Debt Solutions To The Test
The following article appeared today in the Chicago Sun Times… Firm accepts challenge and saves reader big bucks — but it’s still buyer beware June 28, 2010 BY TERRY SAVAGE Over the years, I have written several columns about the dangers of debt settlement firms. My main complaint is that they are expensive, unregulated and may cause more problems for your credit than they solve. Most of these companies suggest you stop paying your credit card bills — and instead divert that monthly amount to a set-aside account. When...
read moreNew Era Debt Settlement Pushes the Bar Higher With an Industry First Triple Guarantee
New Era Debt Solutions, a national leader in providing consumers and small businesses financial relief through debt settlement, today launched yet another first in the market– the Triple Guarantee. This policy, included in New Era’s updated client contract, enhances the company’s existing performance-based compensation model, a fee structure that allows the majority of fees to be paid only after the client’s debts have been satisfactorily settled. The Triple Guarantee offers customers an increased level of...
read moreNew Era Debt Solutions Offers a Much Welcomed Life Line In The Turbulent Waters of Debt Relief
It’s no secret — Americans love to spend. As consumer debt continues to grow, Americans are now entering uncharted waters. According to CardWeb.com , 43 percent of American families now spend more than they earn each year. The nationwide fiscal fallout has resulted in personal bankruptcies doubling over the past decade. According to the Associated Press, bankruptcies are soaring, and in 2009 1.41 million Americans filed for personal bankruptcy. This is a 32 percent jump from 2008. Although bankruptcy has a negative impact on a ...
read moreNew Era Debt Solutions Recognized For Excellence in Broker Banker Magazine
New Era Debt Solutions was recently recognized in Broker Banker magazine for its commitment to buck the debt settlement industry trend and actually put consumers before profits. When Dan and Alex formed their company over 10 years ago to address the huge consumer need, there were only about 20 debt settlement companies in the nation. Since that time thousands of companies have sprung into the marketing place, and a large majority of those are nothing more than sales organizations looking to sell a service to anyone that they can convince to...
read moreRush of New Debt Settlement Companies is a Threat to Consumers, New Era Calls For Needed Regulation
Here is an excerpt from a recent Press Release Article… “I am extremely concerned for consumers,” said Alex Viecco, VP and co-founder of New Era Debt Solutions. “There’s been an influx of sub-prime mortgage lenders rushing on to the settlement bandwagon trying to make a quick buck.” Today, many new debt settlement companies are appearing. These companies, many of dubious character and expertise, are creating problems that are leading to a patchwork of state legislation that will close or highly regulate...
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