The Truth About New Era Debt Solutions
Anyone who spends much time learning about debt relief options eventually hears debt settlement horror stories. Unfortunately, some of the less-than-ethical debt settlement companies have no problem lying to consumers and taking money without delivering any promised results.
New Era is not one of those companies.
We believe in truth and transparency, and toward that end we have provided on this page both historical and recent data few debt settlement companies are willing to share. First, a little background…
The History of New Era Debt Solutions
The foundation of New Era dates back to 1999 when co-founders Dan Smith & Alex Viecco launched a financial consulting firm named DTS Financial. It soon became apparent that clients needed to address their high debt balances before DTS Financial could put together a sound financial plan.
Seeking a solution led Dan & Alex to Debt Settlement in its earliest stages. As time went on, more and more clients needed debt relief help, and soon Debt Settlement became the core product. In 2007, the two launched New Era Debt Solutions specializing 100% in Debt Settlement solutions.
Our Debt Settlement Statistics
In answering the following questions, we refer to both historical and recent data. Historical data dates back to 10/31/2000 and recent data dates back to the transition from DTS Financial to New Era Debt Solutions on 11/8/2007.
- What is the cost of the program?
- What percentage of clients drop out before completion?
- For those who complete the program, what was the average length of time in the program?
- What is your average settlement amount?
- What percentage of clients accounts experience any legal activity for a debt that was included in the program?
- What percentage of clients continue to get collection calls while in the program?
- What are the reasons why clients have left the program before completion?