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Brite Solutions, Inc. Review |
 The goal of Brite Solutions, Inc is to offer clients who are struggling with
debt affordable programs to eliminate debt and get back on financial track with
12 to 36 months and find solutions for preventing debt in the future.
Here are some quick facts about:
Company Founded: Unknown
Years In Business: Unknown
BBB Rating: Unknown
BBB Complaints: Unknown
Escrow Available: Yes – flexible monthly savings plan
Source of Funds: Consumer
Fee Structure: Unknown
Avg. % Settlement of Amount Owed: 40-60% reduction in unsecured debt balances
Refund Policy: unknown
Minimum Debt Required: Not noted
About the Company:
Brite Solutions, Inc is a debt settlement company located in Hollywood, FL that
aims to help consumers reduce and eliminate their unsecured debts in 1 to 3
years. The company enrolls participates into the program and then works on their
behalf to negotiate a debt settlement for the balance owed, usually 40-60% of
the amount due.
The Program:
According to the company website, immediately after enrollment the participant
is required to sign a limited power of attorney agreement in front of a notary
public. Once the form is returned, a monthly savings amount is suggested by the
debt settlement staff. The savings amount is flexible and the consumer is able
to determine how much is put into savings each month. The company recommends the
initial savings amount calculated should be saved each month, if not more. The
monthly service fee payment, which is not disclosed on the site, is
automatically deducted from the participant's bank account. Participants will
also be required to turn in copies of recent statements. The negotiation with
the creditors will then begin. The company sends “cease and desist” letters to
get the collection agents to stop calling or contacting you for payment due.
Participants can include any unsecured debt into the program such as credit
cards, personal loans without collateral, medical bills, and department store
cards.
Program Cost:
There is no information on the website currently that refers to the cost of the
program. Consumers will have to inquire directly about the cost of the program
based on their debt situation.
Website Experience:
The website is not big on information specific to the company's program from the
perspective of the consumer. They answer a Frequently Asked Questions section
that doesn't provide a great deal of reassuring information about the program.
The Client Form is simple and essentially asks for basic information so a
customer service representative can contact potential participants by phone. The
company contact form does offer toll free phone numbers and an email address to
contact Brite Solutions, which seem to be the only means of really discovering
the information on the program they offer.
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