Golden Financial Services is a debt settlement company that aims to ease the constraints of debt. The company has a great record of industry experience, having been in business since 2004. GFS provides a variety of financial services, including debt settlement, consolidation, counseling, and more. In 2014, it was voted the “#1 Debt Relief Company” by eKomi, a global feedback company.
- Free phone consultation
- 12+ years of experience
- All settlements are protected by an attorney
Golden Financial Services has over 12 years of experience in the debt settlement industry, which is longer than many of its competitors.
Debt Settlement Calculator
On their website, GFS has a calculator for potential clients to see how much they could pay for debt settlement. It is one of the few companies in debt settlement that offers a tool like this. GFS also has information in Spanish on their website that is easy to find.
Because Golden Financial Services only offers its services in select states, the company offers a free phone consultation where a staff member will asses the financial status of the caller to determine qualification.
- Overall lack of transparency
- No AFCC accreditation
The most important negative aspect to highlight about GFS is that it lacks accreditations with the AFCC. Nation and industry-wide accreditations such as these help keep debt settlement companies on top of federal laws and best practices.
GFS is also a smaller debt relief company. The company employs between 11-50 employees, and there is no mention of a CEO, president or chairperson anywhere on their website. This mainly concerns us because we don’t know the credentials of who is running the business. We like to see when companies are transparent with this information.
Lack of Clarity
From looking at Golden Financial Services’ website, it is difficult to determine which services the company offers and which ones it simply consults on. The company does not disclose pricing information, minimum debt amount, or state availability. The only way to find out is to call the company and request a free consultation or ask for clarification. Additionally, some portions of the company website are difficult to navigate and do not appear to function as intended or as you would think.