New Era Debt Solutions
The leading debt settlement agency in the United States, New Era Debt Solutions seeks to provide alternatives to bankruptcy for individuals living in severe debt. In 1999, Alex Viecco and Dan Smith established a financial consulting firm, but soon realized that many of their clients needed to reduce the amount they owed before they could create a viable financial management strategy. Debt settlement soon became the company’s primary service. Today, New Era Debt Solutions continues to rely on debt settlements and debt negotiations to assist its clients. New Era Debt Solutions guarantees that its debt specialists will be able to achieve at least a 25 percent reduction in a client’s debts. After a settlement has been reached, New Era Debt Solutions assesses a 17 percent fee based on the original account balance. There are no monthly fees and no upfront costs.
In June 2010, Chicago Sun-Times writer Terry Savage evaluated the services provided by New Era Debt Solutions in her syndicated column. One of Savage's readers used the service, and Savage skeptically followed him through the process, eventually admitting that New Era Debt Solutions relieved the reader from a large portion of his debt. In all, the reader managed to eliminate approximately $15,000 from the total amount owed. In a more direct endorsement, author and customer advocate Gerri Detweiler features New Era Debt Solutions in her e-book, Reduce Debt, Reduce Stress: Real Life Solutions for Solving Your Credit Crisis.
New Era Debt Solutions has been awarded an A+ by the Better Business Bureau, and claims a 97 percent customer satisfaction rating. The company maintains a vision of assisting people in reducing their financial burdens, and broadcasts over the Internet a free weekly financial program co-hosted by Alex Viecco, the Vice President New Era Debt Solutions.