Golden Financial Services offers consumers a wealth of debt settlement services to help ease the burden of debt, something that millions of Americans are struggling with right now. We have covered countless companies here on DebtReviews, detailing the very best and worst of this industry, but it's rare that we come across a company as decorated as Golden Financial Services.

They were voted the best debt settlement program by eKomi, a social commerce technology that can be used by business to generate reviews. And when you consider how many services were taken into account for that accolade, it's an impressive achievement to say the least.

The company has been practicing since 2004, which means they have been going for nearly 15 years at the time of writing, and will no doubt last for many more years to come.

Golden Financial Services Review

About Golden Financial Services

There is a lot to like about Golden Financial Services and we'll cover those things and more in our review. But before we get to that part let's cover the basics as we look at everything you need to know about Golden Financial Services.

Basic Information

  • Address: 600 Palm Ave #221, Imperial Beach, CA 91932-1246
  • Web Address:
  • Date of Founding: 2/6/2004
  • Contact Number: (866) 376-9846
  • BBB Accredited? No.

The Company

We have spoken out about the low quality of some websites in the debt relief sector, from the likes of ZipDebt and Fast Debt Settlements, which look like landing pages for marketing eBooks, to poorly made, unprofessional, and even overly cluttered websites. It's rare that we find something that looks like it fits, but Golden Financial Services bucks that trend, or at least it does initially.

It's a clean homepage that is easy to navigate but still contains a wealth of information that can teach you more about Golden Financial Services and show you ways that you can manage your budget better. The issue we have with this is that it all goes to pot once you enter some of those informational pages. It becomes messy, cluttered, and ugly. Still, they have built a strong foundation and it's not that difficult to fix all the other pages.

The Services

Golden Financial Services offer a number of different services, all of which revolve around consolidation, debt relief, and debt settlement. There are tailored programs based around specific types of debt, such as credit card debt (which is a huge issue in the United Sates right now) to tax relief, student loan relief, and more.

The Prices

The prices depend on the service required, but they have some very competitive prices and can help to bring debts down considerably. You need to have debts of at least $7,500 in order to qualify, which is lower than the industry average of $10,000, and they claim to be able to reduce debts by up to 40% in the space of 48 months.

The Employees

Golden Financial Services employ over 50 members of staff, many of which work in their Californian headquarters. Their staff report having good experiences and also claim to be paid very well. It's ultimately a sales job though and we gather that there is some kind of incentivized system here. That's not necessarily a bad thing, especially if the incentives are paid for getting the biggest savings possible, but it is a bad thing if they are being incentivized to get customers during the consultation.

This was an issue that we pointed out in our review of Navicore Solutions, although they still received a good score from us.

The Reviews

Obviously, reviews are not an issue for Golden Financial Services. They have won awards and they have received a lot of praise from all sides. However, no company is perfect and there are a lot of bad reviews out there. We have also noticed an increase in the number of bad reviews over the last few years, suggesting that there are more problems as they grow. That's not uncommon though, and it may also simply be the result of them getting more customers than ever before.

Our Golden Financial Services Review

Golden Financial Services

Now it's time for our review of Golden Financial Services. This is an award winning company offering a selection of seemingly great services. But is everything as it seems and is this a company that deserves your business?

The Good

Golden Financial Services provides debt relief services that aim to reduce total debt. They do this by asking experts to negotiate with creditors and to scale debt down to an affordable amount that can be paid off quickly and easily. They require a minimum of $7,500 in unsecured debt in order to qualify and their aim is to settle debt in 3 years or less, with some debts taking as long as 4 years.

A free phone consultation to all potential customers, during which time a staff member will assess their financial status and determine if they qualify or not, taking into account the size and scale of their debt, as well as the state in which they reside. For debt validation purposes, pricing will be determined on a case-by-case basis and the amount of debt a client enrolls into the program.

To give you an idea of cost, a $30,000 debt would be charged a rate of $1,750, which would be divided into monthly payments (no escrow account is required). Golden Financial Services also has services for those who are involved in lawsuits related to credit card debt, in which case they offer a free consultation to help customers find a lawyer who can help them.

The highlights of Golden Financial Services include:

  • The fees are just 15% of enrolled debt.
  • They are attorney protected.
  • They have nearly 15 years experience.
  • They regularly update their website with helpful infomation.

The Bad

Gold Financial does not have any accreditation with the AFCC. Pricing also isn’t clearly defined and may cause confusion among potential clients. This is because Golden Financial Services have different programs for clients in different states.

Information regarding these services would be extremely helpful at eliminating confusion and clarifying everything for the client. However, that being said, we find that the best way to gain an understanding of their services, their prices, and their relevancy to your situation is to take advantage of their free consultation and see where it takes you.

The Bottom Line

Golden Financial Services offer customers competitive rates for all of their settlement and validation services. However, they lack some key accreditations, and this is somewhat cause for concern, even in a company that is otherwise respected.

A free consultation is offered to help clarify which program is available in each state, and to give customers a clear idea on pricing and everything else. You can also find a host of articles, guides, and tools on their website, including a credit card debt calculator, budgeting guides, and more.

We're fairly divided on Golden Financial Services. On the one hand, they get a lot of things right, have great prices and a fantastic reputation; on the other hand, there are some missing accreditations, some irritating issues within the site, and a lack of clarity when it comes to what is available where.

As a result, our score is pretty much split down the middle: 3 out of 5.