Simple Debt Solutions is a debt consolidation service that services consumers in the United States with overwhelming amounts of unsecured debt. The company specializes in negotiating an appropriate debt consolidation payment plan with creditors to get the consumer back on track to being debt-free.
Simple Debt Solutions (SDS) has been in business for more than 15 years and has a simple three-step process for consolidating debt. An SDS professional works with the consumer step by step to ensure a customized plan.
Simple Debt Solution’s primary focus is getting consumers out of debt. They work with a large marketplace of lenders and debt relief companies to get you the help you need.
After applying for debt consolidation, a specialist will contact you and do an assessment of your financial profile. They will discuss your monthly income, the desired amount of debt you would like consolidated, and go over your current monthly payments to the creditors.
With that information, they will be able to present you with the best offers from within their network of financial service companies. The goal is to work around your budget and choose the most affordable option.
Simple Debt Solutions offers its services in 37 states. Being available in most states is a unique feature of SDS.
Additionally, SDS has a customer service number that links to a Certified Debt Specialist to ensure all questions are answered.
Simple Debt Solutions outlines a straightforward three-step process for debt resolution on its website.
The cost of this plan is unknown but having it broken down in this general process helps a consumer have an idea of how things will go. The company does state on its interactive debt calculator that the minimum debt for a case is $7,500.
Simple Debt Solutions is a premier member of the CDRI (Consumer Debt Relief Initiative). The CDRI’s goal is to help protect consumers by upholding strict industry standards to ensure consumers have access to ‘safe and transparent solutions to achieve financial stability.’
We appreciate Simple Debt Solution for aligning itself with an institution that aims to protect consumers. This shows us that the company is truly dedicated to helping those in need by adhering to a higher standard of integrity.
The refund process for Simple Debt Solutions is not clear on the website. For consumers, working with a company that doesn't have a transparent approach can complicate the process. Even if the company has a pricing structure that does not allow for refunds, we would like to see this pricing structure made more clear on the company's site.
Typically with debt relief companies, customers won't pay anything upfront, so debt relief companies only make money if they help you settle your debts. Thus, not all debt relief companies have a refund or money-back policies, which is something to consider, should you choose to use one.
Unfortunately, if a consumer is looking to price shop, this is not easily accessible information on the company's website. All prices (fees) are given after a consultation and are built into the payments to a creditor.
Since most companies operate on a quote-based system, customers should know that debt relief isn't the easiest industry to price shop.
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