Rescue One Financial is an experienced debt settlement company that has a strong team of debt consultants on its side, as well as years of experience in this sector.  They offer a variety of settlement programs, including loans and consolidations, and in this guide we will look at Rescue One Financial a little more closely.

If you're thinking of signing up to their services and you want to learn more about them, keep reading.

Rescue One Financial

About Rescue One Financial

Basic Information

  • Address: 16842 Von Karman #300A, Irvine, CA 92606
  • Web Address: http://www.rescueonefinancial.com/
  • Contact Number: (877) 399-7684

The Services

Rescue One Financial proudly state on their website that clients can expect to pay around 50% of their enrolled debt. This means that a client who has a debt of $10,000, which is the minimum needed to qualify for a Rescue One Financial debt settlement program, can expect to pay $5,000 in order to clear it.

However, and here's the kicker, if you look a little further down, in amongst the small print, you'll see it mentioned that the percentage equates to “between 68% and 85%” when fees have been applied. This is huge! And this is the biggest issue that most customers have with Rescue One Financial, as discussed in our Rescue One Financial review below.

This means that for a debt of $10,000 you could end up pay $8,500 to clear it. Once you factor in all of the time, the hassle, the stress, and the risk of litigation, is it even worth it? That's what you have to ask yourself, and in most cases your answer will be in the negative.

The Reviews

It seems that customers have a good experience with Rescue One Financial to begin with and this stems from what is usually a very honest and open consultation. However, that's when things begin to go downhill. They have been known to be very pushy with regards to their advertising and their use of customer data, they charge some high prices that you'll struggle to find anywhere else in this industry, and they don't have the best customer support.

There are a lot of bad reviews and complaints out there for Rescue One Financial, and our own review of this company is very similar, and equally negative.

Our Rescue One Financial Review

You've seen what others have to say about Rescue One Financial, now it's time for our own review, compiled by our expert researchers who spent a few weeks looking into this company.

The Good

As you can probably tell from our rating at the top of this page, there are a lot of things about Rescue One Financial that we don't like. But our goal is not to trash them completely and there are many aspects of this company that we really do like, so let's focus on the positives before we get to the negatives.

Major Accreditations

Rescue One is accredited by the AFCC, which means they follow the best practices and are a consumer-friendly business. There are questions being asked along the lines of, “Is Rescue One Financial a scam?” and these accreditations should provide you with all the answers you need in that regard. You might not have the best experience with them and they might take more money from you and do less for you than other companies, but that doesn't make them a scam.

Free Consultation

Rescue One offers a free consultation to help customers decide if this is the right service for them. This consultation will also help them to gain a better understanding of how Rescue One Financial works and of what is needed for them to signup.

Most companies in the debt settlement business offer free consultations, and it's far from unique, but it's still a welcome sight. As far as we can tell, there are also no issues with pressure selling during these consultations, something that makes an appearance from time to time even with the best companies.

Customer Satisfaction

Clients generally appreciate the free consultation free and the honesty that goes along with it. It's a great introduction to Rescue One Financial's customer service, and if you end up becoming a customer then the good support will not stop there. There have not been any reported cases of clients being directed towards different debt resolution options that weren’t appropriate for their situation, and we've heard very good things from the majority of those who have taken this consultation.

Rescue One Financial Review

The Bad

Customer Complaints

There are several complaints pertaining to the company’s advertising practices, and these are very concerning in an age where customers are becoming more aware of how their information is being sold and more reluctant to let it be misused.

These reports suggest that Rescue One Financial have been mailing out a “pre-qualified” loan letter to people with financial issues, only to bait and switch them with their debt resolution services. This comes off as very distrustful and leads consumers to lose trust. It's a shame, as their consultations seem to work.

Young Company

Rescue One lacks experience. At the time of writing they have existed for under a decade and while they are far from brand new, they are still lacking some of the experience that their rivals have. Their are companies in this sector that have been around for 20 and even 30 years, and when compared to those Rescue One Financial look like relative newcomers.

Lacking Money-Back Guarantee

Unfortunately, there is no money-back guarantee with Rescue One Financial, and they often cost more than the competition. They charge 7% of the total debt per year, which is super deceiving when trying to calculate how much the process will cost and how much they run compared to their counterparts. It also means they are incentivized to prolong the process for as long as possible, which is one of our pet peeves when it comes to debt settlement companies.

High Minimum Requirement

The company has a high minimum requirement of $10,000, making them a difficult company to work with. There are an increasing number of companies that have no minimum enrollment amount at all, including DMB Financial, so Rescue One Financial have gone in the other direction.

The Bottom Line

Rescue One Financial seems to charge more for their services than most of the competition, and there are also practices here that we don't agree with, especially when it comes to annual fees and the way they advertise their services.

There are many great companies out there in the debt settlement sector, including DS Financial Services and New Era Debt Relief, and we just can't see a reason why you would focus on Rescue One Financial instead.