Premier Debt Help helps consumers struggling with debt achieve financial independence by offering them a debt settlement service that is incredibly effective. They have been around for over a decade and have been steadily chipping away at the US debt problem throughout that time.
In this guide we will take a closer look at Premier Debt Help, learning more about them to help you decide if this is the right company for you or not.
About Premier Debt Help
- Address: 4400 Route 9 South – Suite 2100 Freehold, NJ 07728
- Web Address: http://premierdebthelp.com/
- Contact Number: 877-235-3878
You might wonder why we have given Premier Debt Help such a seemingly low score when we are full of praise (you can see this in our Premier Debt Help review below). The truth is, they have many small issues and they are lacking key things, but there are also bigger issues on their website.
The site looks good and is well put together, but this is 2018, so why does their copyright notice still think it's 2015 and why do they not have an SSL certificate? Good evergreen content doesn't need to be updated all of the time. We get that. But on the flip side, clients don't want to invest in a company that looks like it has been dormant for several years.
You wouldn't buy from a website that hadn't been updated in years because you'd be suspicious that it had closed down, much like walking into a ghost town and expecting the general store to be open. And it's the same story here. As far as we can tell they are still active, but they are not passing that message on to consumers and need to spend some time updating their website.
Premier Debt Help offer a debt settlement service that charges a 20% fee and aims to reduce all debts by half. They give each client their own debt expert who will then work tirelessly to deal with creditors. There are no upfront fees, which means they abide by the FTC regulations that forbid such fees.
Premier Debt Help have mixed reviews, but just like their website, these reviews have somewhat dried up in recent years. Maybe they are no longer asking for them and making the effort to acquire them, maybe they are winding things down. It's hard to tell–another reason what they need to get those updates sorted!
Our Premier Debt Help Review
There are a lot of good things to note about Premier Debt Help and the way that they do business. But if you have glanced at our rating at the top of this page you will know that it doesn't end there. So, let's take a look at the things that this company gets right and the things that ultimately let them down.
No Hidden Fees
Premier Debt Help provides debt solutions across all 50 states, and are one of a small percentage of debt settlement companies that covers the length and breadth of the country.
Premier Debt Help works by assigning a staff member to each individual client, after which that employee will work to negotiate the customer’s debt with their creditors. Their goal is to bring the debt down as far as they can, thus saving the client some money and ensuring that the fee they charge has as little of an impact on their settlement amount as possible.
The company does not charge any upfront fees as a result of a federal government rule that bans all upfront fees for settlement companies.
In many ways, they operate the same as Trinity Debt Management, but with one key difference: the person who takes charge on Premier Debt Help is a somewhat skilled and experienced employer; the person who takes charge at Trinity is one of the most experienced and well-regarded attorneys in the business.
The Premier Debt Help process works by setting up a third-party escrow account on the client’s behalf, as well as the funds charged for the company’s services. Premier Debt Help charges 20% of the total debt settled, and this is charged regardless of how much they save the client. However, they will always try to save them as much as they can and their ultimate goal is to reduce all debts by half.
Premier Debt Help was founded by an attorney, therefore the company comprehends the complexities involved with debt and has the experience necessary to conduct debt settlement, even if this service isn't offered to all clients with the level of personalization they might expect.
Premier Debt Help claims to be very successful and after speaking with some of their former customers, we have no reason to doubt them. All of their services are also backed by a money-back guarantee, so if they don't do their job then the client is no worse off than they were.
Low Minimum Requirement
There is a minimum requirement of $7,500 of unsecured debt, which is very reasonable when you compare it to the industry average of over $15,000. In fact, the only companies we know to have a lower minimum than this are the select few that don't have any minimum amounts whatsoever.
As mentioned already, Premier Debt Help offers a free consultation with an expert team member. During this consultation, the client will be informed of the settlement process and everything that is required of them. Unique factors pertaining to the client's specific financial situation will be reviewed, after which it will be determined if Premier Debt Help are the best choice for them. In the case that Premier Debt Help is not the best fit, the debt relief professional will guide them in the right direction.
Premier Debt Help are available in all 50 states, which is rarer than we would like to see in this industry, but this factor aside, there isn't a great deal that sets them apart from the competition.
What's more, although they claim that their staff is highly trained, they lack in accreditations from the AFCC and the IAPDA. These accreditations are important because they signify to a customer that the company’s representatives are appropriately trained to handle delicate tasks, such as determining your financial future and making sure all creditors are content.
The company also doesn’t have a rating. This raises questions about the company’s abilities and services with nothing to judge them from.
No Educational Tools
Premier Debt Help is severely lacking in educational tools on their website.
Our team of researchers found the staff to be exceptionally professional and attentive to any questions or concerns we had, but it seems that their website lacks greatly in a lot of general information about the process, fees, and prices.
They also have a blog that is outdated, a website that is full of broken links, and some poor content. It won't take a great deal of time or money to fix this, and it shows the client that they are active, they are working hard, and they are committed to the overall goal of long-term financial stability. The fact that it's lacking is a concern.
The Bottom Line
Premier Debt Help offers a debt settlement program to help Americans achieve financial autonomy. They they are able to help people across the United States, but they do not possess any other attributes that set them apart from the competition, and we have to score them down for this.
The fact that this company lacks accreditations with the AFCC and IAPDA lead us to find a different company. We recommend taking Premier Debt Help up on their free consultation, but do your research on other options, as well. There are many great services out there, many of which we have reviewed here on DebtReviews, so be sure you check those out.