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Last Updated: 05/02/2025

New Haven Financial

in Debt Help from New Haven Funding LLC

Last Updated: 05/02/2025

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Highlights

Minimum Debt Owed

$15,000

Settlement Fee %

27%(Verified 01/15/2025)
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Monthly Service Fee

$0(Verified 01/15/2025)
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New Haven Financial Review

New Haven Financial is a marketer for debt settlement based in Albuquerque, NM. It offers debt relief services to borrowers in 40 state across the USA. New Haven Financial is an early stage company that launched 2 years ago.

Key Takeaways

  • Minimum debt balance of $15,000. New Haven Financial is recommended for clients who have a total debt balance of $15,000 or more, and will only settle accounts with a minimum balance of $250 per account.
  • IAPDA accredited. New Haven Financial invests in the training and accreditation of its debt resolution specialists by the International Association of Professional Debt Arbitrators (IAPDA). However, it's not a member of the Association for Consumer Debt Relief (ACDR), the debt settlement industry's major trade association.
  • New firm. New Haven Financial has only been in business for 2 years.
  • Only considers unsecured debts. New Haven Financial will only settle unsecured debts. These include credit card accounts and personal loans.
  • Available in most states. New Haven Financial is available in 40 states.

New Haven Financial Pros & Cons

New Haven Financial FAQ

What does New Haven Financial do?

New Haven Financial offers debt relief services for the following types of debt:
  • Unsecured debt, such as credit card debt, medical debt, and personal loans.

What does New Haven Financial charge?

New Haven Financial charges a settlement fee based on the debt handled. Instead of monthly payments or upfront fees, New Haven Financial 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 Haven Financial settlement fees are 27% of the enrolled debt.
Debt relief fees and settlement terms can vary based on your state and individual circumstances, so it’s best to speak directly with New Haven Financial for an accurate quote.

Does New Haven Financial offer a guarantee?

Yes, New Haven Financial 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 Haven Funding LLC for more details on their guarantee.

What is the minimum debt New Haven Financial will consider?

New Haven Financial is recommended for customers with an unsecured debt of $15,000 or more. Customers with less than $15,000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.

Does New Haven Financial perform its own servicing in-house?

No, New Haven Financial partners with third party service providers who negotiate on behalf of the clients they enroll.

What accreditations does New Haven Financial 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 Haven Financial is not an accredited ACDR member.
  • New Haven Financial is an IAPDA member.

Is New Haven Funding a legit company?

New Haven Financial is an early stage company that launched 2 years ago.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

New Haven Financial Disclosure: Advantage First Financial is an affiliate marketer and does not do any servicing of loans or debt settlement. Through our platform,m we carefully select and match people with potential lenders and top debt settlement providers in the industry based on needs and qualifications. Terms and approvals vary and are not always guaranteed.

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.

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Message from New Haven Financial

At Advantage First we have over 24 years combined experience and access to top negotiators that work creditors directly to confidently find a resolution, and give consumers an Advantage on their financial position... Not to mention save some money in the process!

Contact

Headquarters

120 Madeira Dr NE
Albuquerque, NM 87108
Visit Site

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

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