Best Debt Companys

163 Companies 4,603 Real Customer Reviews

Reviews for Rescue One Financial | 2019 Debt Relief Reviews
Current

What Others Are
Researching Right Now:

#42
Reviews for Rescue One Financial | 2019 Debt Relief Reviews

Rescue One Financial

Rescue One Financial charges customer 18-35% of the total debt they enroll. This pricing is higher than industry averages.

Our Score
2.0
User Score
3.2
Our Score
2.0
User Score
3.2
Rank this Company

Ratings Breakdown

Price - % of Debt

18-35%

Accreditations

AFCC & IAPDA

Free Consultation

Yes

Min. Debt Accepted

Unknown

Money-Back Guarantee

No

Number of Reviews

6

This Review is maintained by

Review Last Updated: September 18, 2019

What is Rescue One Financial? A debt settlement company that frames itself as an alternative to bankruptcy. The company works with your debtors to settle for a fraction of what you owe.
Who is this program for? This debt settlement program is for people who are either already delinquent on their accounts, or who are not able to meet their monthly payment. This program helps with unsecured loans, credit cards, medical bills, and autos in repossession.
How long will it take? Program takes 24-48 months to complete.
How much will I save? Rescue One will work with your creditors to settle your enrolled debts for an average of 50% of what you owed. After their fees, you end up paying 68-85% of what you owed.
How must will it cost? 18-35% of the debt you enroll.
Rank Chart
Price (% of debt)
Smallest Debt Accepted
Review

#1

15-25%
$7,500

#2

15-25%
$10,000

#3

15-25%
$7,500

#42
Reviews for Rescue One Financial | 2019 Debt Relief Reviews

18-35%
Unknown

Pros

Industry Accreditations

Rescue One financial has AFCC accreditation and has recently added the IAPDA and AFCC accreditations, showing a commitment to good business practices

Types of Services & Education Available

They offer many services including consumer loans with affordable rates, business loans, debt resolution services, debt management and debt counseling for those who want to make sure they avoid similar financial strains in the future. They offer some debt education to those in debt or worried that they may end up there again in the future. Those who are interested in debt education should express so during the initial consultation.

Multiple Payment Options

Rescue One Financial has multiple monthly payment options you can choose from to customize your account to fit your budget and debt management plan. You can also speak to a financial consultant to help you determine which debt resolution and/or debt management plan is best for you before making your decision on which payment plan to go with.

Rescue One’s debt reduction program ranges between two and four years. This makes for a quick debt settlement program and helps you get out of financial hardship faster than if you were to wait to pay your debts off at a slower pace.

Cons

Complaints and Reviews

Rescue One Financial Reviews say the company reaches out to people to work with them. Often their advertising tactics are confusing and vague. Some reviewers have applied to work with Rescue One Financial, been turned down, and then see a negative effect on their credit. Overall, people experience unclear communication and expectations of the company.

High Fees

Rescue One Financial charges up to 35% of the total debt you enroll to use their services. For example, if you enroll $40,000 of credit card debt, you’ll pay Rescue One $15,750 max. Similar debt settlement programs charge a max of 25%. You may also pay a minimum fee of 18% of the total debt you enroll. The amount you are charged depends on what state you are in and how much debt you have.

Our Recommendation

Rescue One Financial is a younger company with mixed consumer reviews. With a high minimum debt requirement and costly fees, we recommend going with a more reputable company such as Freedom Debt Relief and Pacific Debt Inc.


Top Lenders Rescue One Financial Works With

Capital One, Wells Fargo, Synchrony Bank, Citi Bank, AMEX, Bank of America, Discover, OneMain Financial, USAA, Lending Club, Prosper, and Best Egg.

Are there any inaccuracies in this review? We take our accuracy very seriously and would love your feedback. Give feedback here.

Request Reconsideration

6 Rescue One Financial Reviews

1. Select Your Rating:

3
1
1
1
0=WORST 10=BEST

2. Subject For This Review*(Select all that apply)

3. Review Validation*

or

    Sort By:

  1. User Score
    0
    November 11th, 2017
    5 people found this review helpful!
    I to received a letter in the mail, offering me a pre approved Loan. Than rejection the next day with another program that would help me out. I asked point blank is this a Debt consolidation plan and was told no. After phone calls I checked the reviews and they all hit at home base. I then in return Email them to cancel me from all programs due to the reviews. Thanks everyone it helped a lot
    Read More
  2. User Score
    1
    August 24th, 2017
    9 people found this review helpful!
    I was solicited by this company and initially it was not at all clarified to me what exactly the company did. Even though I made it clear during first conversations that I paid double and triple minimum due on my accounts, that sometimes I paid them in full, and that I was not struggling financially and had a good savings account, I was coached into the contract by making it sound like they were simply doing a debt consolidation agreement. I cancelled in less than 24 hours, had I agreed to do what they wanted me to do it would have been a huge, very disastrous move backward. I would call this a business of vulture culture.
    Read More
  3. User Score
    8
    October 13th, 2016
    6 people found this review helpful!
    I would love to find someone to believe in and trust what they say but I have so many calling I just don’t know what to do.you have my attention because you haven’t ask for money from me all I ask is don’t build me up and then drop me like a hot potato because when they ask me for money I don’t have at the time so thank you please help me out if you can I’m on a once a month fixed income
    Read More
  4. User Score
    0
    August 21st, 2015
    14 people found this review helpful!
    I received Rescueone’s Advertising material in the mail that said i was Pre Selected*for up to $35,000. The * had conditions like everything. So i applied. I earn over $65,000 a year and only have debt of $15,000, which is credit card debt all around 19% interest (average). In short i was rejected,. The woman could not tell me why, even admitted that it was strange because i earn much more than the loan i was asking for. I believe this material is like applying for any other loan or credit card, Because i have debt in place its rejecting me, just as if i had found a company on my own and applied. There’s NOTHING SPECIAL to what they say in the letter. Its actually misleading or false advertising because if i was pre-Selected I would have got :something. I should have read these other reviews before I applied …MY BAD. All I have now is another Hit on my Credit score. !
    Read More
  5. User Score
    0
    July 15th, 2015 Aberdeen, MD
    22 people found this review helpful!
    They are running a scam, IMO. They mail out letters to people who are in debt, promising that they are “pre-approved for a consolidation loan!”

    When you call in, they ask for information about all of your individual debts, balances, etc. This should be your first clue that it’s a scam.

    A day or two later, they call back with “sorry, you don’t meet the lending criteria (what person swimming in debt ever would?), but presto magically, we have this awesome debt relief program where we negotiate with your creditors and pay them for you.

    In other words, I suspect that they have never actually made a loan, to anyone, and the entire promise of a consolidation loan thing is a scam to recruit potential customers for their actual business – debt settlement.

    Read More
  6. User Score
    10
    June 5th, 2015 Huntington Beach, CA
    44 people found this review helpful!
    I contacted Rescue One Financial to help me with my credit card debt 2013. I was in over my head with about $36k of debt. I too noticed their website was down at one point but I was told it was due to up grades. I checked a couple weeks later and it was running just fine. One very reassuring aspect of this company is that every time I called I reached a customer service rep. that was friendly and well knowledge with my account. It is now 2015 and I’m completely debt free!!!
    Read More
  • Takes your existing debt and try to settle with your creditors for a lower amount. If you pay off the settled amount, your debt will be considered paid in full.
  • Negotiates with your creditors on your behalf.
  • Fee based on a percentage of your total starting debt or a percentage of the debt they save you.
  • Most settlement companies have you create a separate "escrow" account where you will make monthly contributions over a certain amount of time to contribute to your settlement. Once there is a substantial amount of funds to show your creditors, the settlement company will try to negotiate a lower amount of debt.
  • Combines all your debts and creditors into one monthly payment.
  • Allows you to pay one monthly payment to the consolidation company, instead of multiple payments to different creditors.
  • You no longer owe your original creditors; instead you pay one monthly payment to your consolidation company.
  • Consolidation companies can help negotiate lower interest rates on your debts and help lower your total debt payment in the long run. A lower interest rate will lower the amount you owe in the end.
  • Allows you to consolidate all your different debts into one personal loan that can be paid off over time.
  • Can offer borrowers a lower interest rate with a longer payback term (compared to high-interest credit cards or medical bills). This will lower the amount of money required to pay off the loan over time.
  • Personal loan debt consolidation can be an effective way to raise your credit score quickly (within 3-6 months).
  • Borrowers can receive funds from their loan within only a few days.

Want us to review a company?

If there is a debt company that you don't see on our site, and would like us to review, please contact us.

Real Reviews (yes they’re real)

With so many debt relief companies out there, and a lack of sites willing to bring you the HONEST breakdowns of each company, what source can you turn to for the real information you can trust?

We are dedicated to bringing the truth out, and rank debt relief companies as they should be. Through our investigation, and experience with each company, we rank each company, and bring you our honest, unbiased opinion. We also include authentic user reviews by past customers of each company that are moderated and verified.

Like many sites, we are compensated through affiliate relationships with each company we review, however all of our rankings are based on our 11-Point Ranking Criteria.

All reviews are subject to moderation and approval. Any reviews that may resemble false information, or competitors of another company will need to be verified by our staff before being approved and published. We reserve the right to approve or deny any reviews left on this site.

Step 1: Introduction

We'll get you set up with Rescue One Financial

By submitting this form, I consent to receive calls using automated technology from Rescue One Financial at the number provided and understand this is not a condition of purchase.

Our Score
2.0
User Score
3.2
Rank this Company

Ratings Breakdown

Price - % of Debt

18-35%

Accreditations

AFCC & IAPDA

Free Consultation

Yes

Min. Debt Accepted

Unknown

Money-Back Guarantee

No

Number of Reviews

6
Our Score
9.1
User Score
9.1
Rank this Company

Ratings Breakdown

Price - % of Debt

15-25%

Accreditations

AFCC & IAPDA

Free Consultation

Yes

Min. Debt Accepted

$7,500

Money-Back Guarantee

Yes

Number of Reviews

1,261