Is New Era Debt Solutions the right fit for you?
Debt Settlement
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Last Updated: 04/18/2025
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Highlights
Community Rating
Strongly recommended
Minimum Debt Owed
N/A
Settlement Fee %
15% - 23%(Verified 06/21/2024)
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Monthly Maintenance Fee
$0(Verified 06/21/2024)
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Number of Reviews
New Era Debt Solutions Review
New Era Debt Solutions is a debt settlement company based in Camarillo, CA. It offers debt relief services to borrowers in 42 state across the USA. Founded in 1999, it is a well-established company that has been in business for over 20 years.
Key Takeaways
- ACDR and IAPDA accredited. New Era Debt Solutions is a member of the Association for Consumer Debt Relief (ACDR), which is the largest trade association for the debt settlement industry. It also employs debt resolution specialists that have been trained and accredited by the International Association of Professional Debt Arbitrators (IAPDA).
- Well-established company. New Era Debt Solutions has been in business for 27 years.
- Multiple types of debt. New Era Debt Solutions settles private student loans, business debt, and all types of unsecured debt, such as credit cards and personal loans.
- Available in most states. New Era Debt Solutions is available in 42 states.
New Era Debt Solutions Pros & Cons
| Pros | Cons |
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New Era Debt Solutions FAQ
What does New Era Debt Solutions do?
New Era Debt Solutions offers debt relief services for the following types of debt:
- Unsecured debt, such as credit card debt, medical debt, and personal loans.
- Business debt.
- Private student loans.
What does New Era Debt Solutions charge?
New Era Debt Solutions charges a settlement fee based on the debt handled. Instead of monthly payments or upfront fees, New Era Debt Solutions only collects a fee once a settlement has been reached. Fees are calculated as a percentage of the enrolled debt and may vary by state. Across the industry, debt settlement clients typically see a 45% to 60% reduction of their enrolled debt before fees.
New Era Debt Solutions settlement fees typically range from 15% of the enrolled debt up to 23% 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 New Era Debt Solutions for an accurate quote.
Does New Era Debt Solutions offer a guarantee?
Yes, New Era Debt Solutions 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 New Era Debt Solutions Inc. for more details on their guarantee.
Does New Era Debt Solutions perform its own servicing in-house?
Yes, New Era Debt Solutions employs its own in-house servicing staff who manage the process and negotiate settlements on behalf of their customers.
What accreditations does New Era Debt Solutions 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).
- New Era Debt Solutions is an accredited ACDR member.
- New Era Debt Solutions is an IAPDA member.
Is New Era Debt Solutions Inc. a legit company?
New Era Debt Solutions Inc. was founded in 1999, it is a well-established company that has been in business for 27 years. Based on their "strongly recommended" SuperMoney community rating, they appear to be a very reputable company.
New Era Debt Solutions Disclosure: We can help you if you live in the following: AL, AK, AZ, AR, CA, CO*, CT*, DE*, FL, GA*, HI*, ID*, IL*, IN, KY*, LA*, MD*, MA, MI, MN*, MS*, MO, MT*, NE, NV*, NH*, NJ*, NM, NY, NC, OH*, OK, PA, RI*, TN*, TX, UT*, VT*, VA, WA*, WI*, and WY*. In association with New Era’s affiliate law firm CFLN
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.
Message from New Era Debt Solutions
Hours of Operation
SundayClosedMonday7:00AM - 9:00PMTuesday7:00AM - 9:00PMWednesday7:00AM - 9:00PMThursday7:00AM - 9:00PMFriday7:00AM - 9:00PMSaturday7:00AM - 2:00PM
Other Services by New Era Debt Solutions Inc.
SuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +100, or 5 on a 5-point rating scale.
+100
-1000+100
No one recommends
Everyone recommends
New Era Debt Solutions Community Reviews
Would you recommend New Era Debt Solutions to your friends?
LA
Lisa A.
Feb 5, 2023
May or may not recommend
They are the best! Always available for questions and very supportive. The best thing I've ever done. Great company to work with.
William B.
Oct 1, 2022
May or may not recommend
New Era deserves 6 stars! Best Customer Service experience ever. Gerri Askren and Cecy Wing are highly knowledgeable, well-formed, and courteous staff members, who
genuinely are concerned about your overall financial stability.
Mike S.
Nov 1, 2021
May or may not recommend
I`m very pleased with the help I have been given to get my debt under control. This group is a great group of people wanting to help you.
RC
Rene C.
Sep 24, 2021
May or may not recommend
We have been clients of the New Era for over two years and really appreciate their professional respect and treatment provided by them in their line of business. Would strongly recommend that an individual or family in a similar financial situation engage the professionals at New Era for assistance. We are very close to completing our program which was originally a 3 year plan.
U
Anonymous
Aug 21, 2019
May or may not recommend
My wife and I completed the program with New Era about a year ago. I could not he happier with the customer service and the results. Before I started the program I was barely making it with a new baby on the way and a lot of bills to pay. New Era helped manage my payments and settle many of my accounts in only 2 years.
Showing 5 of 5 reviews
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