Looking for GreenPath Debt Solution Review? Keep reading!
Do you need assistance with credit repair or debt relief? GreenPath Debt Solution may be able to assist you for free.
The GreenPath Debt Solution is one of the biggest credit counseling firms in the US, having locations in 21 states and services offered nationwide over the phone and online.
For those striving to get out of debt, it is crucial to search for solutions that are both feasible and effective.
The sooner you repair your credit or pay off your debt, the more possibilities you’ll have to move toward financial independence.
But what options are there? And, more importantly, will they be able to help?
Find out more about the well-known GreenPath Debt Solution by reading our review of their services.
This will help you determine if GreenPath Debt Solution is appropriate for your credit or debt issues.
|Portal||GreenPath Debt Solution Review|
|Minimum Debt Settlement Requirement||Not disclosed|
|Fees||Set up a fee of $0-$50 and a monthly fee of $0-$75|
|Features||Free credit counseling, Money management courses, Available online.|
|Number of reviews||86|
Pros & Cons
- Offers free budgeting and advice
- Debt management services
- Bankruptcy counseling
- Online client portal
- Offers educational resources on website
- Not all services are free
- In-person locations are only available in 21 states
GreenPath Debt Solution is a great choice for debtors who are in need of assistance and are looking for options to get out of debt.
While their primary focus is on helping people find their way out of debt, GreenPath also offers credit counseling and education services.
The beauty about GreenPath Debt Solution is that they tailor their services to meet each client’s unique needs.
For example, let’s say you’re struggling with $20,000 in credit card debt.
Your monthly payments are high, you’re only making minimum payments, and you feel like you’re never going to get ahead.
At this point, you may want to consider enrolling in a debt management program (DMP).
GreenPath will work with you to create a DMP that fits your unique budget and sets you up for success.
They’ll also connect you with one of their qualified credit counselors, who will help you every step of the way.
Plus, GreenPath Debt Solution is one of the few debt relief companies accredited by the Better Business Bureau (BBB).
This accreditation means they have met the bureau’s high standards for quality customer service.
Overall, we highly recommend GreenPath Debt Solution for anyone looking for assistance repairing their credit or getting out of debt.
GreenPath Debt Solution offers various services to help consumers with their credit and debt issues. Services offered include:
- Credit counseling
- Debt settlement
- Money management
- Credit education
All services are available online or over the phone, making them convenient for consumers nationwide.
One of the most popular services offered by GreenPath Debt Solution is its debt settlement program.
This program is designed to help consumers struggling with high levels of unsecured debt.
The program can help these consumers negotiate lower payments and interest rates with their creditors, ultimately reducing the total amount of debt owed.
With GreenPath’s help, many consumers have successfully paid off their debt in a shorter amount of time than they could have on their own.
And, because the program is offered through GreenPath Debt Solution, it comes with the added security of being backed by a reputable company.
GreenPath offers free credit counseling and money management courses to anyone interested in learning more about improving their credit score or managing their finances.
These courses are a great way to get started on your journey to financial freedom, regardless of whether you decide to work with GreenPath Debt Solution or not.
What Is GreenPath Debt Solution?
GreenPath Financial Wellness, located in Farmington Hills, Michigan, is a national nonprofit organization.
Its goal is to assist individuals in achieving financial health so that they can have greater freedom in life to do what they desire.
GreenPath is a National Foundation for Credit Counseling member (NFCC).
It is also recognized by the Council on Accreditation (COA), a nonprofit, independent organization.
The Michigan Credit Union League founded the company in 1961 as a credit counseling service for consumers who were having financial difficulties.
GreenPath has expanded and evolved since the 1960s into a company with over 450 professionals and more than 30 offices in 21 states.
The company works with various financial institutions, including more than 550 credit unions.
GreenPath claims to be unique from competitors since it is focused on people and their needs.
This includes credit counseling, but it also includes debt management and financial counseling in several areas as part of its overall financial health plan.
GreenPath has assisted tens of thousands of customers to return hundreds of millions of dollars in credit card debt and is considered one of the best debt relief companies.
Rather than charging a percentage of a customer’s total debt, as is the case with debt settlement firms, debt management firms charge an upfront enrollment fee and a monthly cost.
GreenPath costs an average of $36 a month for financial services and account maintenance, which is less than what most companies in the sector charge for debt management programs.
GreenPath also imposes a one-time fee ranging from $0 to $50 for new clients who sign up, which is relatively normal for debt relief firms that provide debt management plan support.
Clients will also have access to a personal financial advisor.
Customer satisfaction is generally better when debt relief firms provide a personal financial advisor to each client.
Debt Relief Time
You can expect to get rid of your loan in 36-60 months if you decide to enroll yourself in the debt relief programs offered by GreenPath.
GreenPath provides a number of services to help you achieve overall financial wellness.
These include debt counseling, debt management, student loan counseling, bankruptcy support, credit report review, and a simple payment plan service.
This service involves debt counseling as well as credit counseling.
It can help you understand your debt management alternatives and build a strategy to achieve your financial goals.
This service can assist you in getting reduced interest rates, lowering your monthly payments, waiving some fees, and ceasing collection calls.
Student Loan Counseling
Standard student loan counseling could help you develop a debt repayment program, including a review of various repayment options.
If you pay for additional support, GreenPath will assist you with a more in-depth review and will handle part of the work of approaching your loan providers for you.
We advise that you start with free debt counseling, but GreenPath can also assist you if you need particular guidance through the legal procedures of bankruptcy.
Credit Report Review
Certified counselors can provide you with a free credit report review to help you understand how to understand your credit report and how it impacts your credit score.
This review may also include a strategy for managing your credit to help you achieve your desired financial future.
Simple Payment Plan
The simple payment plan solution, backed by the payment platform EarnUp, consolidates your debts or payments into one place for easy management.
This program can also help determine various strategies to manage debt so that you can pay it off faster.
Get Started With GreenPath Debt Solution
Requesting a free consultation call is the first step to getting started with GreenPath Debt Solution.
During the free consultation, an experienced debt counselor will review your financial condition to see if you are a good match for debt relief services.
When you agree to enroll, you will instantly stop paying your creditors. Your debt is merged into a single payment under the debt management plan.
Each payday, you put money into the GreenPath account, and GreenPath uses that money to make payments on your behalf.
They may be able to work with your creditors to negotiate reduced interest rates and monthly payments, allowing you to pay off debt sooner and save money.
When creditors agree to the program, collection calls end, and your balances start to decline.
With a debt management plan, you’ll have the support of a full GreenPath team. You will get information and assistance whenever you need it.
What Differentiates GreenPath Debt Solution From others?
Here are the features that differentiate GreenPath Debt Solutions from others:
- General advising sessions would be free
- You will have to pay $50 for bankruptcy, but it might lower depending on your case
- GreenPath Debt Solutions offers online tools such as financial health assessment, a client portal on their website
- GreenPath Debt Solutions has been accredited by the Council on Accreditation
NPC GreenPath Debt Rating
|Debt Settlement help||4.7/5|
|Ease of use||4.8/5|
Our Experience With GreenPath Debt Solution
It has been a great experience getting services from GreenPath Debt Solutions. It was getting really hard for me to keep up with my credit card bills.
I knew I needed help. I needed someone to guide me that how I could cope with my credit card bills. I didn’t want my credit card to get blocked.
I would definitely give 5 stars to this service. The person who handled my case was very positive and soft-spoken. I got the help I was looking for from them.
GreenPath Debt Solutions Comparison
|Company||GreenPath Debt Solutions||New Era Debt Solutions|
|Minimum Debt Settlement Requirement||Not disclosed||No minimum requirement|
|Features||Free credit counseling, Money management courses, Available online.||Personal advisor, Available in the Spanish Language|
|Fees||Set up fee of $0-$50 and a monthly fee of $0-$75||Not disclosed|
|Relief Time||36-60 months||24-48 months|
|Savings||Not revealed||52.23% on enrolled debt amount excluding fees|
Read our full New Era Debt Solutions Review
You can reach GreenPath Debt Solution review consultants via phone or in person at specific locations.
To speak with a GreenPath staff member, call 1-800-550-1961. If you are an existing GreenPath customer, call 1-866-476-7284 if you have any issues regarding your account.
The phone lines are open from 8:00 a.m. to 10:00 p.m EST Monday through Thursday, 8:00 a.m. to 8:00 p.m. EST on Fridays, and 9:00 a.m. to 6:00 p.m. EST on Saturdays.
Additionally, GreenPath has in-person offices in 21 states nationwide.
GreenPath Debt Customer Reviews
Upon reviewing several third-party sources, we found that GreenPath Debt Solution generally has positive customer reviews.
The company is accredited by the Better Business Bureau (BBB) and has an A+ rating and 11 closed complaints in the past 3 years.
GreenPath Debt Solution has a 4.9/5-star rating on ConsumerAffairs based on 91 reviews.
The majority of the reviews praised the company for its helpfulness and professionalism in assisting with debt management.
How We Review Debt Relief Companies
We take into account various factors when reviewing a debt relief company.
Some of these include the company’s history, accreditation, customer reviews, and fees.
We research each company thoroughly before including it in our list of the best debt relief companies.
We also check for complaints filed with the Better Business Bureau (BBB) or other consumer protection organizations.
In addition, we read customer reviews to see what actual users have to say about their experience with the company.
And finally, we look at the fees charged by the company to make sure they are fair and in line with industry standards.
Read Our Detailed Debt Relief Review Methodology
What is the best way to get out of debt?
There is no one-size-fits-all answer to this question. It depends on your circumstances.
You may want to think about a debt consolidation loan, a debt management plan, or a debt settlement.
Is GreenPath reliable?
GreenPath is a reliable debt relief company with over 50 years of experience helping people get out of debt.
The company is accredited by the Better Business Bureau (BBB) and has an A+ rating. GreenPath also has generally positive customer reviews.
How much does GreenPath Cost?
The fees charged by GreenPath Debt Solution vary depending on your individual circumstances.
The company offers a free consultation to determine if you are eligible for their services.
Is GreenPath legit?
Yes, GreenPath is a nonprofit company that strives to help people by reducing their financial burdens and is completely legit.
Can I settle debt for less?
GreenPath has an experience of quite a few years, and they have expertise in dealing and negotiating with creditors. So you might get your debt settled for less.
Shefali Jain is a Content Editor & Writer at National Planning Cycles.
After completing her graduation in hospitality, Shefali decided to follow her passion and started writing. Shefali has been writing for two years now and contributes to our website as a skilled editor and content writer with strong research skills. Writing product and service reviews, biographies, and book reviews are some of her key areas, among many others in which she specializes.