Eagle One Debt Solutions has been helping clients with debt settlement since 2006. In 2010, they merged with National Debt Relief, which has left many consumers confused. Unlike many similar companies in the industry, Eagle One Debt Solutions offers its services to 49 states. Those who call Eagle One Debt Solutions will be given a free consultation, but there seems to be a lack of consistency in pricing.
Call Eagle One Debt Settlement (EODS) if you think you need debt settlement for your unsecured loans. A consultation with one of their agents is free, and they advertise that they can resolve your debt in 24 to 48 months (in line with most debt settlement companies).
After signing up, clients will pay anywhere from 15 to 20 percent of the total debt enrolled to EODS (number from a company representative - not found on their website). This is average in the industry. Online, the company has a section about the percentage they have saved clients:
On their website, Eagle One Debt Solutions has a library of resources for those interested in learning about debt and debt settlement. Resources include financial planning and the e-book "How to Drop Debt Weight and Become Financially Fit."
Eagle One Debt Solutions is available in all states except Indiana.
Even though a settlement representative quoted us a price of 15 to 20 percent, another associate stated that fees started at 18 percent. We also heard prices may rise to 21 percent. This lack of consistency and transparency raises a few red flags for EODS. This makes it hard for us to feel comfortable recommending Eagle One Debt Solutions. One consumer noted that she was charged 25 percent of her overall debt, and that when she tried to stop working with EODS, they took most of the money she had set aside for her debt settlements.
Additionally, Eagle One Debt Solutions is not accredited with the AFCC, or the IAPDA. Accreditations are an important factor to consider when choosing a company to work with. When a company is accredited, they have to meet specific criteria and standards set by the accreditor. These standards guarantee quality services to customers.
T Baptista Spring Valley, CA
5 years ago