Trident Debt Solutions
Trident Debt Solutions is a debt settlement company based in Colorado, but services clients in every state in the continental U.S. except for Alaska. They’re also one of the few debt consolidation companies owned by a lawyer. They’re also members of the Boulder Chamber of Commerce and the Better Business Bureau, from whom they’ve received an A rating, which is their highest.
Trident Debt Solutions has been around a very long time compared to most companies in the debt consolidation business, since 1990. It’s amazing then that this company has no negative reports found across the internet, which probably helps to explain Trident’s BBB rating. They state on their website that if they can’t save consumers at least 30% that they won’t charge for their services at all; that’s an interesting guarantee that no other debt consolidation company offers.
This company is also unique in that they have articles on their site, articles in article directories, and videos on YouTube that talk about the different aspects of debt management. There are a lot of reviews on them and everything has been positive. Their website has a FAQ (frequently asked questions) where one can find as much information as they need on different financial questions and solutions. They’re not afraid to share information that may lead customers in a different direction. That shows they’re a quality company.
They offer a free debt estimate, and if you decide to work with them, their fee structure is different than any other agency. They charge $100 per creditor instead of the flat percentage fee up front, and then 25% of whatever they end up saving their clients, unless they don’t reach that magic 30% figure, which almost every debt consolidation company will attain. They also offer an in-person visit if you decide to try to visit them, charging $50 for the pleasure, and if you’d like to talk to them live via Skype, the web conference is $125. That seems sort of excessive since Skype is free, and they only offer a ½ hour consultation.
However, they only take people with really high debt. Most debt consolidation companies say the prospective client must have debt of at least $10,000; Trident Debt Solutions will only take you on if your debt is more than $40,000. They’re also hoping that potential clients will have a lump sum of at least half of what they owe so they can begin working for you. They’re rather not have to wait for months while your credit gets trashed, but they will work with someone if they can pay enough to help them get you out of debt within 18 months or less.
Trident Debt Solutions seems like a reputable company that does things their own way, and it’s obviously worked for nearly 20 years. Since they work with anyone anywhere, they’re worth at least a telephone call to learn more.