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Debt Solution Network Debt Consolidation Loans Review

Debt Solution Network
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Michael Graw
Aug. 13, 2024
3 min read
Michael Graw
Debt Solution Network Summary
Debt Solutions Network is an online debt consolidation company that can help reduce the total amount you owe and slash your monthly payments. You won’t find much information on the company’s website since every debt situation is different, but Debt Solutions Network claims to save customers an average of 50%. Importantly, the fees you pay are based on how much money you save, so Debt Solutions Network’s interests are aligned with your own.

Pros

  • Free debt consultation
  • Fees are based on how much money you save

Cons

  • Very little information on the company’s website
  • No customer reviews and not Better Business Bureau accredited

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Why Go with Debt Solutions Network

Debt Solutions Network offers a custom-tailored debt consolidation solution that can potentially save you thousands of dollars in debt payments. The service starts with a free consolidation to evaluate the types of different debts you have, your current monthly payments, and the total amount you owe. From there, Debt Solutions Network will help you decide whether debt consolidation could save you money and contact your creditors to renegotiate your debts.

One of the most interesting things about this company is that the fee you’re charged depends on how much money you save through consolidation, not on how much you owe. So, for example, if you owed $50,000 and Debt Solutions Network brings that down to just $30,000, you only pay a fee based on the $20,000 the company saved you. The company claims that it reduces the amount that clients owe by 50% on average and up to 70% in some cases.

Another benefit to Debt Solutions Network is that the company can help you clean up your credit report at no extra charge. That can make it easier to refinance your debt at a lower interest rate or to take out another loan in the future.

What’s Offered

  • Renegotiate your total debt, interest rates, and monthly payments with creditors.
  • Fees are charged based on how much you save, not how much you owe.
  • Save up to 70% on your debt payments.

Highlights

Debt Solutions Network claims to save clients an average of 50% debt payments by renegotiating with your creditors. There’s no upfront charge for using this service, and the company’s fees are based on the amount of money that it can save you. On top of that, Debt Solutions Network makes it easy to refinance your remaining debt by cleaning up your credit report.

  • Free consultation to determine whether debt consolidation can help you.
  • Negotiate with your creditors on your behalf to lower the total amount you owe.
  • It can reduce your total debt load by up to 70% (50% on average). 
  • Fees are based on how much you save, not the total amount you owe.
  • It helps clean up your credit report to make refinancing easier.

Types of Debt Covered

Debt Solutions Network can help you renegotiate and consolidate a wide variety of debts. The company works with unsecured personal loans, credit card debts, payday loans, and medical bills, even if you are several months behind on your payments. Note that Debt Solutions Network may not be able to help you consolidate secured debt, such as auto loans, mortgages, or loans guaranteed by a friend or family member.

Site Security

Debt Solutions Network doesn’t put a lot of effort into securing its website. There is no privacy policy or terms of service listed, and the pages aren’t encrypted with TLS (your browser may warn you about the site before connecting you to it). The good news is that you only have to input contact information, not sensitive payment information.

It’s also worth noting that there are very few public reviews of Debt Solutions Network. The company doesn’t have a page on Trustpilot and is not rated by the Better Business Bureau. Debt Solutions Network also isn’t accredited with the American Fair Credit Council or the International Association of Professional Debt Arbitrators, which typically regulate debt consolidation companies.

Help & Support

To get started with Debt Solutions Network, just fill in your contact information and basic details about your debt in the form on the company’s homepage. A support representative will get in touch with you within one business day.

You can also get in touch with Debt Solutions Network by email and phone from 9 am to 6 pm Eastern, Monday to Friday. The Debt Solutions Network website has an FAQ page, but there is no information on it.

Physical Address

Debt Solutions Network

P.O. Box 234

New Baltimore, MI 48047

Contact Details

Phone: (586) 716-8711

Email: chriss@debtsolutionsnetwork.com

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Michael Graw
Written by
Michael Graw
Michael Graw is a Bellingham, Washington-based writer focusing on finance, tech, and science. His work has been featured in print magazines and high-impact websites. He writes for BestMoney and enjoys helping readers make sense of the options on the market.‎
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