Ad Disclosure: We earn referral fees from advertisers. Learn More
Are you struggling to pay off your debts? Are you considering debt consolidation as a way to get back on track? If so, you may be wondering if Advocate Debt Relief is a scam. In this blog post, we will take a look at Advocate Debt Relief and give you our honest opinion about whether or not we believe it is a legitimate company. We will also discuss the pros and cons of using their services so that you can make an informed decision about what is best for your financial future.
When it comes to debt relief, there are a lot of scams out there. So, when we came across Advocate Debt Relief, we wanted to do a thorough review to see if they were legitimate or just another Scam Alert.
Unfortunately, what we found was a lot of negative reviews from customers who felt scammed by the company. While we can’t say for sure that they’re a scam, we would recommend avoiding them. There are plenty of other legitimate options out there that can help you get out of debt.
Advocate Debt Relief Pros and Cons
There’s no question that debt can be a major burden. It can cause stress, lead to financial problems, and damage your credit score. If you’re struggling to keep up with your debt payments, you may be considering enrolling in a debt relief program.
Before making a decision, it’s important to research all of your options and understand the pros and cons of each one. In this blog post, we’ll take a closer look at Advocate Debt Relief and some of the things you should know before enrolling.
Advocate Debt Relief is an enrollment center for Start New Financial, LLC (SNF), a Florida-based company that provides debt settlement services. Since its inception in 2013.
The company’s services are available to residents of all 50 states and Puerto Rico. If you’re considering enrolling in Advocate Debt Relief’s program, here are a few things to keep in mind:
- Scam Alert: There have been numerous complaints about Advocate Debt Relief being a scam. The Better Business Bureau has given the company an “A” rating, however, there are many negative reviews online from disgruntled customers.
- High Fees: One of the biggest complaints about Advocate Debt Relief is the high fees they charge. Their enrollment fee is $495, and their monthly service fee is $49.95. On top of that, they also charge a success fee of 20% of the total debt settled.
- No Guarantees: Advocate Debt Relief does not guarantee that they will be able to settle all of your debts. In fact, their success rate is only about 50%. So, there’s a good chance that you may not even save any money by enrolling in their program.
If you’re considering enrolling in a debt relief program, be sure to do your research and understand the pros and cons before making a decision. While Advocate Debt Relief may be able to help some people get out of debt, there are also many negative reviews and complaints about the company.
Before enrolling, make sure you understand all of the fees involved and the risks associated with their program. Otherwise, you may end up worse off than you were before.
How does Advocate Debt Relief work?
If you’re considering using Advocate Debt Relief to help you with your debt, there are a few things you should know. First, it’s important to understand that Advocate Debt Relief is not a lender or a debt relief company. They’re an enrollment center for Start New Financial, which is a for-profit organization. While Start New Financial may be able to help you lower your payments or consolidate your debt, they will charge you fees for their services.
Additionally, there have been many negative reviews of both Advocate Debt Relief and Start New Financial online. Some people have accused them of being a scam, so it’s important to do your research before working with them.
If you’re still interested in using Advocate Debt Relief, the first step is to fill out an online form. Once you’ve submitted your information, someone from the company will reach out to you to discuss your options.
They may be able to help you lower your payments or consolidate your debt, but it’s important to remember that there will be fees involved. Make sure you understand all the terms and conditions before signing anything.
How much does Advocate Debt Relief cost?
Advocate Debt Relief is an enrollment center for Start New Financial, a company that offers to negotiate with your creditors to lower your monthly payments and/or interest rates. They charge an upfront fee of $495, which they claim is refundable if they are unsuccessful in getting you a settlement. However, many people have reported being charged the fee even when no settlements were reached.
Additionally, customers have complained about being misled about the success rate of the program and not receiving the promised refunds. If you’re considering using Advocate Debt Relief, be sure to do your research first and read the fine print carefully.
Who Is Advocate Debt Relief Affiliated With?
Advocate Debt Relief is an enrollment center for Start New Financial, a debt settlement company. They also work with National Debt Relief and Freedom Debt Relief, two other well-known companies in the industry.
However, what they don’t tell you is that they are also affiliated with dozens of other, lesser-known companies. This raises a lot of questions about their business practices and their commitment to their clients. Are they simply trying to enroll as many people as possible, regardless of which company they ultimately end up working with?
It’s hard to say for sure, but it certainly doesn’t give us a lot of confidence in Advocate Debt Relief. We recommend that you steer clear of them and work with a company that is more upfront about its affiliations.
Advocate Debt Relief BBB Reviews
There are many negative reviews and complaints about Advocate Debt Relief on the BBB website. Some people have accused the company of being a scam, and others have said that they were not able to get the results they were promised.
Here is some Start New Financial and Advocate Debt Relief BBB Reviews:
Sean G 02/11/2022
We received the call and honestly thought it would help us get out of debt however in the end they didn’t reduce much of our debt after paying them $600.00 a month for a year and a half. It finally came to the point where we were being sued by one of the creditors. When submitted to SNF they told us it would be addressed in a week or so when in reality we only had 20 days to respond to the summons. Needless to say, I did all the work, canceled my account with them, and took care of the debt. They set up a cancellation call and then never called. It was NOT a good experience and we ended up having more stress over it than we did before we started the program. I would NOT recommend them for any financial help. They are not a legitimate company!
Anthony P 02/04/2022
Why is no one reaching out to me? I am a client that is being sued by 2 credit card companies that are supposed to be negotiated. I have more than enough money in my escrow but you are failing to reach a settlement and now I’m being sued and have a court date in a few days. What am I supposed to do!!!! Someone, please help me!!!
James F 01/11/2022
This company has made my credit very bad, initially, I was under the impression that they could get my debts paid off faster than I could myself. At the time that I was contacted by this company I was not behind on any of my accounts, my credit score was over 650, but now those accounts have doubled and my credit score has fallen into the low 500s. What SNF does anyone with a phone and a little time can do themselves. They tell you to stop paying your bills so that interest continues to add up with late fees and other charges, then when they finally settle an account for you it’s approximately what it was at the beginning of the contract!!!!
Is Advocate Debt Relief Legit or a Scam?
If you’re considering using Advocate Debt Relief to help you get out of debt, you may be wondering if they’re legit or a scam.
Unfortunately, there are quite a few negative reviews and complaints about Advocate Debt Relief online. Some people say that they were promised one thing but ended up with something else entirely. Others say that the company is very difficult to work with.
It’s important to do your research before working with any debt relief company. There are many scams out there, and you don’t want to end up getting taken advantage of. If you decide to work with Advocate Debt Relief, make sure you understand everything they’re going to do for you and what the terms will be. That way, you can avoid any unpleasant surprises down the road.
Have you worked with Advocate Debt Relief? What was your experience like? Let us know in the comments below.
Advocate Debt Relief Review
Advocate Debt Relief Review
Unfortunately, there are quite a few negative reviews and complaints about Advocate Debt Relief online. Some people say that they were promised one thing but ended up with something else entirely. Others say that the company is very difficult to work with. It’s important to do your research before working with any debt relief company. There are many scams out there, and you don’t want to end up getting taken advantage of. If you decide to work with Advocate Debt Relief, make sure you understand everything they’re going to do for you and what the terms will be. That way, you can avoid any unpleasant surprises down the road.
User Review( votes)