Debt Settlement
3 more
Last Updated: 07/15/2025
SuperMoney User Recommendation Score +20
Mostly recommended15 total votes
Explore a similar product
Try this top product in Debt Help
Debtmerica Relief
Strongly recommended11 reviews
Community Recommended Products
View AllSponsored
Strongly recommended11 Reviews
Learn More
Strongly recommended185 Reviews
Learn More
Strongly recommended22 Reviews
Learn MoreCompare All Debt Help
Check to see if you are a good candidate for debt relief.
Get matched with a firm that specializes in your unique case.
Enjoy a free consultation from a leading debt expert.
Highlights
Community Rating
Mostly recommended
Minimum Debt Owed
$10,000
Settlement Fee %
15% - 27%(Verified 06/21/2024)
Monthly Service Fee
$0(Verified 06/21/2024)
Number of Reviews
GreenSpot Funding Review
GreenSpot Funding is a consumer and small business finance company based in Boca Raton, FL. It offers loan services, along with a variety debt elimination programs to borrowers in 42 states (and Washington, DC). GreenSpot Funding was founded in 2017. It is an established company that has been in business for 6 years.
Key Takeaways
- Minimum debt balance of $10,000. GreenSpot Funding only considers clients who have at least $10,000 in debt. This is a typical requirement for most debt settlement companies. However, it will also only settle individual accounts if they have a balance of $500 or more per account.
- Not accredited by the ACDR or the IAPDA. GreenSpot Funding is not a member of the Association for Consumer Debt Relief (ACDR), which is the major trade association for the debt settlement industry. Furthermore, it does not invest in the accreditation of its debt resolution specialists by the International Association of Professional Debt Arbitrators (IAPDA) either.
- Established company. GreenSpot Funding has been in business for 9 years.
- Multipe types of debt settled. GreenSpot Funding settles all types of unsecured debt and business debt. Unsecured debt includes credit card debt, personal loans, and certain types of student loans.
- Available in most states. GreenSpot Funding is available in 42 states, and Washington, DC.
GreenSpot Funding Pros & Cons
| Pros | Cons |
|
|
GreenSpot Funding FAQ
What does GreenSpot Funding do?
GreenSpot Funding offers debt relief services for the following types of debt:
- Unsecured debt, such as credit card debt, medical debt, and personal loans.
- Business debt.
What does GreenSpot Funding charge?
GreenSpot Funding settlement fees typically range from 15% of the enrolled debt up to 27% of the enrolled debt, depending on state regulations.
Debt relief fees and settlement terms can vary based on your state and individual circumstances, so it’s best to speak directly with GreenSpot Funding for an accurate quote.
Does GreenSpot Funding offer a guarantee?
Yes, GreenSpot Funding does advertise a program guarantee and you won't be charged any fees until your debts are settled. Charging upfront fees is illegal in the debt settlement industry anyway. Check with Premlo Inc for more details on their guarantee.
What is the minimum debt GreenSpot Funding will consider?
GreenSpot Funding is recommended for customers with an unsecured debt of $10,000 or more. Customers with less than $10,000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.Does GreenSpot Funding perform its own servicing in-house?
No, GreenSpot Funding partners with third party service providers who negotiate on behalf of the clients they enroll.
What accreditations does GreenSpot Funding have?
The two main trade associations in the debt relief services space are the Association for Consumer Debt Relief (ACDR) and the International Association of Professional Debt Arbitrators (IAPDA).
- GreenSpot Funding is not an accredited ACDR member.
- GreenSpot Funding is not an IAPDA member.
Is Premlo Inc a legit company?
Premlo Inc was founded in 2017, it is a well-established company that has been in business for 9 years. Based on their "mostly recommended" SuperMoney community rating, they seem to be a reputable company.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
9:00AM - 6:00PM
Tuesday
9:00AM - 6:00PM
Wednesday
9:00AM - 6:00PM
Thursday
9:00AM - 6:00PM
Friday
9:00AM - 6:00PM
Saturday
Closed
Other Services by Premlo Inc
Personal Loans
Be the first to rate
Community Recommended Products
View AllSponsored
Strongly recommended11 Reviews
Learn MoreStrongly recommended185 Reviews
Learn MoreStrongly recommended22 Reviews
Learn MoreSuperMoney Net Recommendation Score
SuperMoney users mostly recommend this product, giving it a user recommendation score of +20, or 3.4 on a 5-point rating scale.
+20
-1000+100
No one recommends
Everyone recommends
GreenSpot Funding Community Reviews
Would you recommend GreenSpot Funding to your friends?
CT
Charles T.
Jul 15, 2025
May or may not recommend
Thank you Jerry for helping me with my consolidation! I didn’t think anyone would help me, but you pulled through. I am sending you some friend referrals that could use your help and expertise as well! It was refreshing to work with you and made the entire loan process a breeze and now I’m saving a LOT of money! Thanks Jerry!! ☀️😀
RH
Raymond H.
Apr 29, 2025
May or may not recommend
Chelsea helped secure my loan and accomplish what I needed with a lower monthly payment. I'll definitely reach out again if I ever need anything. Thank you!
LP
Larry P.
Apr 21, 2025
May or may not recommend
I had a great experience with this company. I was looking to get a loan to consolidate my credit cards and a personal loan I had. I was getting a lot of calls with the same old pitch every time. The representative with GreenSpot took the time to understand my situation and not only got me a loan, but it was at a better rate than the bank ...Show More
WT
Winston T.
Apr 5, 2025
May or may not recommend
Finally a business that had MY interest in mind. I work with Jerry to go over all my debts and he helped me put a plan together to attack all the debt I acquired after my divorce. Jerry was super respectful and listened to my needs. Thank you for helping me!!
KH
Kimberly H.
Apr 1, 2025
May or may not recommend
I’m extremely happy to have found a company willing to work with me. The loan officer at Greenspot Funding handled everything, making the process simple and hassle free. I had over $30,000 in credit card debt, and with their help, I was able to consolidate everything into a single loan.
Not only did I pay off my credit cards, but I also used the loan to complete some home renovations. Thank ...Show More
SA
Scott A.
Apr 1, 2025
May or may not recommend
They got me a great rate and saved me a ton of money. Would highly recommend !! 10/10 !!
Aaron K.
Mar 21, 2025
May or may not recommend
I spoke with one of their advisors, and after a brief consultation, he was able to determine that my income was higher than I realized, and was able to get me offers that were significantly better than what I was getting on my own. He helped walk me through the approval and acceptance process to ensure everything went smooth, and I was funded within a couple days. I couldn't be ...Show More
RK
Roger K.
Mar 21, 2025
May or may not recommend
Green Spot Funding was amazing to work with! Their team was professional, knowledgeable, and made the entire loan process smooth and easy. They helped me secure funding with a fixed rate, which improved my monthly cash flow and gave me peace of mind. I highly recommend them to anyone looking for a trustworthy lending partner!
DL
Davis L.
Mar 17, 2025
May or may not recommend
I had a great experience with Greenspot Funding! The entire process was smooth, transparent, and easy to follow. Unlike other lenders I’ve dealt with in the past, they took the time to walk me through all the details and made sure I fully understood my options.
What I appreciated most was their honesty there were no hidden surprises. The loan officer I worked with was professional, answered all my questions, and ...Show More
AJ
Alexander J.
Dec 12, 2024
May or may not recommend
Their loan officer had a 2FA text sent to my cellphone via Google and asked me to give them that number. Total scam.
U
Anonymous
Oct 21, 2024
May or may not recommend
The whole process seemed shady. Had a call with their main office who said their agent would call me between 10-1 the next day. Received a call 2 days later from an unknown number. Nice guy, no complaints. Said he’d let me know within 24 hours. 5 days later no call so I reach out to them only to hear, “how about our debt consolidation program?” Ya no thanks. So…kinda ...Show More
RH
Rebecca H.
Aug 31, 2024
May or may not recommend
It’s misleading information! Foo everyone to apply thinking they would receive funds. Instead they are referred to damn sneaky debt relief/settlement/resolution programs! Those programs ruin one’s credit!
I do not understand why all lenders would not lend funds to high DTI borrowers to save interest, ONE managable monthly payment and improve the DTI only for borrowers with good salary with one condition —limit credit card use.
U
Anonymous
Jul 26, 2024
May or may not recommend
Lied too, they lied about my income my housing which in turn caused me not to get a loan which I was told I was qualified for. Long story short, all that happened was debt was transferred from credit card to a loan which didn't cover what I needed and I would not have done it if I would have known I wasn't getting the second ...Show More
MP
Michael P.
Nov 16, 2023
May or may not recommend
Received a letter in the mail saying that I pre-approved for a personal load with great low rates. I had done some research and found this was not the case. Also asked that it not be with SOFI as their rates were still higher than desired. As I got handed from one person to another all promising such great clients and low rates, they still came back with SOFI. ...Show More
U
Anonymous
May 20, 2023
May or may not recommend
I will save everyone a lot of time. This is not a lending company, what they do is take your info and submit it to several actual loan companies, who reach out to you on their own. You can get the same free results with a Credit Karma account. GreenSpot literally does nothing for you, but expects you to pay them 10% of any loan you get on your own. ...Show More
Showing 15 of 15 reviews
You might also like
Best Debt Relief Companies
SuperMoney
7 Credit Card Debt Forgiveness Options
Erin Gobler
How Much Does a Debt Settlement Lawyer Cost?
Lacey Stark
Can a Credit Card Company Garnish Your Wages?
Benjamin Locke