Setup Fee: 10-15% (I was quoted 12%)
Monthly Fee: None
Settlement Fee: None
TASC Members: Yes
BBB Complaints: 0
In Business Since: June 2006
Eagle One Debt Solutions is a Pennsylvania based debt settlement company. Eagle One charges 10-15% of your total debt amount. I was quoted 12% with a $20,000 debt load. They break up that 12% over the first 18 months of your program. This is a nice bonus since most settlement companies put 100% of the first 3 payments towards their fees. Eagle One allows you to start saving immediately.
Eagle One Debt Solutions is a TASC member. Have been operating since June 2006 and have been listed with the BBB since February of 2007. They have zero complaints during that time period. Their explanation of their program was pretty upfront and honest. Their one potential negative could be that they have not been in business for an extended period. As always, please perform your due diligence.
- : 7.2
- : 7.6
- : 7.2
{ 7 comments… read them below or add one }
Has anyone successfully completed their program with Eagle One Debt solutions?
I’m one settlement away from successfully completing this program. They have been great to work with. The only downside is the occasional e-mail gets lost during server upgrades. I went into the program needing to settle 5 accounts and am almost done. I had some extra money come up that allowed me to knock out a big chunk quickly, but still they have done a great job.
I’ve graduated from Eagle One’s Program. Surprisingly it was over in 22 month instead of 30 month as originally quoted. I guess they were able to reach cheaper settlements with some of my cards and subsequently use the remainder of the money for the rest of the settlements. I wanted to say thank you to Eagle One and especially their Customer Service Team.
I looking at the program. How badly did your credit rating drop? Have you seen the rating improve as you neared completion of the program?
They are not a bbb company. I look and they are not associated with them in any form or fashion. You have to pay their fees and have banked up half of your debt before they will do any work and if you cancel after 5 days of making your 1st payment you loose all that you sent to them.
They actually do belong to the BBB, not accredited with the BBB, ….but they have a rating of D-. The next level rating of F is as low a rating as the BBB gives out. You can check this yourself by goint to http://www.dc.bbb.org and search on Eagle One Debt Solutions and enter Pennsylvania as the state. It will bring up the report. There are currently no complaints against them and part of this rating is due to the type of business they are. They have not settled 1 debt of mine, nor contacted any of my creditors. You also can’t get anyone to call you back. I did what I thought was due diligence when I signed up with their program but it fast becoming my worst nightmare.
OMG what a scam company.
They took full advantage of us with outragous fees
and refused to give money back.
They were even drafting more
money out of my account than what we agreed on.
Buyer beware…They want huge money paid in advance before
settling any debt at all. When I called them on this they refused to
take my phone calls!!!