| Sunrise Debt Solutions Review |
 Debt settlement wannabes – that is what this debt settlement company appears to be from their website and a few other review sites. They have the standard debt settlement wording that is found elsewhere. The only difference that can be found is that their fees are based upon the settlement amount between what you own and what is actually settled upon. This settlement fee option is often more expensive that they standard 15% fee based on the total amount of debt that you place into the program. Quick facts about Sunrise Debt Solutions: Founded in: Not disclosed. Years in Business: Not disclosed. Number of employees: Not disclosed. BBB Rating: Could not find. BBB complaints: None could be found. Free Information: From their website at www.sunrisedebtsolutionsusa.com. There is NO toll-free number by which you contact this company. Escrow or Payment Plan Available: Not disclosed. Source of Funds: Not disclosed. Fee Structure: This company uses the fee based upon the difference between the amount owed and the settlement amount agreed to with the creditor. This is generally a more expensive fee structure than the standard 15% of the total amount of debt that is enrolled into a program. Avg Settlement: Not disclosed. Refund Policy: None given. About the Company 
Not too much is known about this company. There is no Better Business Bureau information on them and their blog entries begin on March 2009. So, one can surmise that they are so new that they are not yet listed with the BBB and therefore have no rating or other information. Beginning the Process Fill out their form on their website under the contact us link, or call their local number (toll-free not supplied). Types of Debt Serviced Unsecured only Worth Noting Their website is lacking on critical information and their lack of a listing with the BBB is disconcerting as well. Program Caution and Your Responsibilities Be extra careful with this company just because of the lack of good information about them out there. They could be really good or bad but word has yet to spread about their business practices. Will Debt Collectors Still Call? They do not state that they will, but that they will try to direct all phone calls concerning your accounts to their offices. Other Information They state on their website that they prefer to settle debts with creditors within 24 months of signing up for their program. This is somewhat restrictive and aggressive as a settlement strategy. It restricts those who cannot amass that kind of money in that short of a time period. And it is also aggressive when considering that most creditors realize that it might take a good many months in order to settle a debt with a customer. In looking at this company compared to all of the others, it appears that they are just too new in order to be worth a serious consideration. Maybe down the road after they have been in business longer, they might be worth a shot, but as it stands right now, spend your time elsewhere. You will probably be glad that you did. Related Articles: |
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