Pacific Debt was founded in 2002 and settles millions of dollars worth of debt on a monthly basis. Although they do require a minimum of $7,500 in debt to qualify, their industry accreditations, pricing, and reputation help them stand out from the competition in a big way. Read our expert review below or scroll down to see hundreds of Pacific Debt reviews from real customers.
Lower Industry Pricing
Pacific Debt Inc (PID) brings a lot of expertise and experience to the table, reportedly being able to reduce balances owed by as much as 70% through their services. Additionally, they have better pricing than most companies in the industry, charging between 15-25% (but an average of 17% – 20%) of the total debt enrolled.
Money Back Guarantee
Services are covered under a money back guarantee, offering both a measure of protection for customers and a show of confidence in their ability to resolve even the most complex debt scenarios in 2 to 4 years.
Holds Major Industry Accreditations
Of particular note is PDI’s reputation, both amongst consumers and in the industry as a whole. The company carries every major industry accreditation we look for, which demonstrates a commitment to ethical business practices and a high level of expertise. Furthermore, PDI maintains an A+ rating with the BBB due to the low number of customer complaints filed against them and their relatively lengthy time in business.
Positive Customer Reviews
Clients have expressed appreciation for PDI’s customer service quality, both in terms of professionalism and honesty. Between the BBB rating and online reviews, there are enough reported success stories across multiple sites to suggest that PDI does indeed take good care of their clientele.
Pacific Debt Highlights
- Low cost: 15-25% of total debt
- AFCC & IAPDA Accredited
- A+ rating with the BBB
- Average of 3 years to resolve debt
- High level of customer satisfaction
- Money back guarantee
Average Minimum Debt Requirement
Although certainly not a deal-breaker for many, PDI’s minimum required debt of $7,500 (on par with the industry average) may keep some people from being able to use their service if they don’t owe that much.
Not Available in All States
Additionally, they aren’t available everywhere in the country. More specifically, at time of writing, PDI does not operate in the following states: CT, DE, GA, IL, KS, KY, ME, MS, NV, NH, NJ, ND, OH, OR, RI, SC, TN, VT, WA, WV, WI, WY
About Pacific Debt
Pacific Debt was founded in 2002 by Kevin Landie in order to help Americans manage and eliminate debt. The company offers a high level of customer service compared to many of its competitors. This is reflected in Pacific Debt’s A+ rating with the BBB.
Time in Business
13 years. Pacific Debt Management was started on June 21, 2002.
This company has been accredited by the BBB since 2010 and has earned an “A+” rating. There have been 15 complaints filed against the company within the last 3 years, the majority of which were regarding problems with the product or service. They have responded to and resolved all of the complaints filed against it.
This company offers free textbooks, workbooks and handbooks that you can use to enhance your understanding of debt and money management. These materials act as educational courses which provide in-depth knowledge so you can receive a quality education without leaving home. These materials can be downloaded and accessed using Adobe Reader.
Additionally, this company maintains a monthly newsletter that teaches customers how to spend wisely and save money in their everyday lives. The PDI blog also contains useful information for people interested in employing a debt relief company or service.
Their site, which has recently been updated, is now mobile-friendly.
Pacific Debt Management is a debt settlement company. Their goal is to offer customers an alternative to bankruptcy or obtaining a new loan for the purpose of paying off old debts. You will pay one monthly payment which will be set aside in a separate account until you have enough to make a settlement offer. At this point, their team of professionals negotiates with creditors to settle your debts for less than the original amount owed. They also try to get you out of debt in as short a time as possible. This company tries to get customers out of debt within 24 to 48 months, although results vary depending on individual situations.
Pacific Debt Inc. offers a client portal that allows customers to see progress on their accounts and keep connected with everything surrounding their debt relief status.
Yes, this company holds an AFCC accreditation and IAPDA accreditation.
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