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Where is Elite Financial Solutions, Inc located?

Elite Financial Solutions, Inc is a debt resolution firm based in Ft Lauderdale, FL. It was founded in 2004 and offers debt resolution services in Washington, DC and 38 states around the country.

What does Elite Financial Solutions, Inc do?

Elite Financial Solutions, Inc offers debt relief services for unsecured debt such as credit card debt, personal loans and medical debt.

What does Elite Financial Solutions, Inc charge?

Debt relief service pricing / costs can vary greatly from one client to another so it's best to speak to Elite Financial Solutions, Inc directly to determine an accurate quote. 

Does Elite Financial Solutions, Inc offer a guarantee?

No, Elite Financial Solutions, Inc does not offer a money back guarantee.

What is the minimum debt Elite Financial Solutions, Inc will consider?

Elite Financial Solutions, Inc will only consider customers with unsecured debt of $2000 or more. Customers with less than $2000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.

Does Elite Financial Solutions, Inc perform its own servicing in-house?

No, Elite Financial Solutions, Inc partners with third party service providers who negotiate on behalf of the clients they enroll.

What accreditations does Elite Financial Solutions, Inc have?

The two main trade associations in the debt relief services space are the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA). Elite Financial Solutions, Inc is not an accredited AFCC member. Elite Financial Solutions, Inc is an IAPDA member.

  • Minimum Debt Owed
    $2000
  • Debt Type
    Unsecured Debt
  • No Monthly Consultancy Fee
  • Pricing Model
    Contingency Fee (% of enrolled debt)
  • Free Consultation
  • IAPDA Member
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I would think twice before getting into bed with this company... If it sounds too good to be true, it most likely is! I was working with Sam and this company claimed that they could take my debt and work with the creditors to reduce the amount I was paying them, but it was all a scam! The company told me that I would stop making payments to my creditors, and instead, would begin making smaller payments to them. They would then call my creditors to work out a smaller ... pay-off to save me money and stated they would take a certain percentage of the money that was saved. For about 7 months, I made payments to this company, but they never attempted to reach out to my creditors... I called each and every one of my creditors, who I mailed a copy of the paperwork provided by Elite Financial Solutions saying that if the creditor needed any information, they should contact them and them alone. I also used the provided script when my creditors called, instructing them to contact Elite Financial Solutions. Several months passed, I stopped getting calls, and everything seemed to be going according to plan. Until one day, I got a call from one of my creditors telling me they had been unsuccessful in contacting Elite Financial Solutions and they were never contacted by them either. After almost $1100 paid to this company and being 7 months behind in payments to all my creditors, there was no way I was able to come back from the debt this company forced me into by not holding up their end of the deal. Because of this company, I was forced to pay a lawyer to file for bankruptcy. They refused to refund the money I had paid to them and my bank was unable to get the money back for me.

In closing, this company is a scam and they're just going to leave you high and dry with your money in their pockets. Learn from my mistakes and do your research before using a company to help with your debt. If they say to stop making payments all together and just pay them BEFORE they work out a payment plan, or they say they will get them to settle for a smaller amount than what is owed, it's probably too good to be true!
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