beneficial-2

Total Score

(4.5)

User Score

(4.5)

Woman makes payment with credit card

Settlement

Settlements are commonly negotiated by third-party agencies who help to discuss your dues with a creditor. In a settlement, it is usually discussed and agreed upon that the borrower pays the creditor a lump sum amount. This amount is usually less than what the borrower originally owes.

  • PROS:

  • Helps you quickly fix your financial problems

  • Might be more costly in comparison to paying the actual amount that you owe

  • CONS:

  • An immediate but a makeshift solution to your debt issues

  • Some lenders might not accept your settlement offer

Consolidation

To consolidate debt is to collectively combine all of your accounts and form them into one enormous, single debt. In debt consolidation, borrowers usually take out a big loan with a more affordable payment option or more moderate interest rates and use it to pay off several other creditors.

  • PROS:

  • Does not require collateral

  • More attainable payment options

  • Instantaneous and straightforward process

  • CONS:

  • May potentially decrease your credit score rating

  • Will accumulate a larger interest rate of up to 15-20%

  • More extended payment terms

Businesswoman Calculating Bill
Couple With Documents Calculating Finance At Home

Personal Loans

A personal loan is a process of borrowing money from banks, credit unions, online lenders, friends, or relatives with a set interest rate and payment plan. Personal loans can be categorized into a Secured or Unsecured Loan. Secured Loans are loans that require collateral or down payment while Unsecured Loans do not require any of it.

While applying for a personal loan can be a viable option, it is also crucial to consider the proposed interest rates and repayment plans being offered to you.

  • PROS:

  • A quicker method for clearing debts

  • Viable for a short-term solution

  • CONS:

  • Lengthy approval time

  • May have higher interest rates

Beneficial Funding

Total Score

(4.5)

User Score

(4.5)

Total Score

(4.5)

User Score

(4.5)

Price - % of Debt
15-25%
15-25%
Accreditations
AFCC & IAPDA
AFCC & IAPDA
Free Consultation
Yes
Yes
Min. Debt Accepted
$7,500
$7,500
Money-Back Guarantee
Yes
Yes
Number of Reviews
Sending
User Rating 5 (1 vote)

Sending
User Rating 5 (1 vote)

The Good

Competent Staff

Best-Priced

Flexible Choices

Competent Staff

It can be agonizing to deal with employees who know nothing about the type of service or products they provide. In our experience, this minute detail can sometimes pave the way to put customers off.

Beneficial Funding, on the other hand, is powered by very competent and knowledgeable employees who are privy to the ins and outs of the organization. They were able to educate us with the various programs they offer and candidly walked us through the whole process.

Best-Priced

Beneficial Funding has had a lot of raving critiques from editors and consumers alike. However, one of their most popular reviews is their offers. They are able to give customers competitive interest rates and terms that will help them alleviate their debt and shoulder them through their journey to financial freedom.

Flexible Choices

Beneficial Funding offers a diverse program set-up by giving clients the option to choose a more tailor-fit program that they are comfortable with. Their services range from debt relief plans, home equity loans, credit lines, personal loans, and financial management.

The Bad

Not Service-Focused

Not Service-Focused

Although we personally like the buffet of options that Beneficial Funding has offers, some clients are not too keen about it. Some clients prefer companies who are service-focused and do not give too many different choices for relieving them of debt. However, we feel that having options allows you to really compare the pros and cons about one program from another.

If you’re looking for a company with all the perks and benefits at a reasonable cost, Beneficial Funding is your guy. We’re really impressed by the way their staff handles their clients, we’re enthralled by their competence and their knowledge in their product, we like the various options they give out to help their clients, and we are definitely happy with the rates they offer. If value for money is what you’re seeking, Beneficial Funding will not let you down.

Contact Information

Website: beneficialfunding.com
Email: Contact Form
Address: Beneficial Funding, 101 S. Reid St., Suite 307, Sioux Falls, SD 57103

We'll Introduce You!

Call our recommended rep over at Beneficial Funding below.

Beneficial Funding
beneficial-2

Name: Beneficial Funding

Description: Beneficial Funding is a faster and more convenient way to pay off your debt. Their debt consolidation loan options are here to help and are designed to fit every customer’s needs. Their customized plans lower your monthly payment and interest rates, allowing you to pay off loans and become debt-free in a shorter time.

Price range: $3500-$10,000

Payment accepted: ACH

Currencies accepted: USD

Address: 101 S. Reid St., Suite 307, Sioux Falls, SD 57103

Telephone: 1-877-637-8461

  • Beneficial Funding Review
    (4.5)
4.5

If you’re looking for a company with all the perks and benefits at a reasonable cost, Beneficial Funding is your guy.

If you’re looking for a company with all the perks and benefits at a reasonable cost, Beneficial Funding is your guy. We’re really impressed by the way their staff handles their clients, we’re enthralled by their competence and their knowledge in their product, we like the various options they give out to help their clients, and we are definitely happy with the rates they offer.

Pros

Competent Staff Best-Priced Flexible Choices

Cons

Not Service-Focused

Sending
User Review
5 (1 vote)
Comments Rating 0 (0 reviews)

beneficial-2

Beneficial Funding

If you’re looking for a company with all the perks and benefits at a reasonable cost, Beneficial Funding is your guy. We’re really impressed by the way their staff handles their clients, we’re enthralled by their competence and their knowledge in their product, we like the various options they give out to help their clients, and we are definitely happy with the rates they offer.

Settlement

VS

Consolidation

VS

Personal Loans

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Honest and very upfront assessments of some of the leading debt relief companies in the industry.

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They are very thorough in presenting all the facts about one company from another, which gives me the option to compare programs, offers, and services.

It's an online service that helps you decipher the concept of each organization to find a program that is tailored for you.

3 Comments

  1. Ayana M October 9, 2019
  2. Jaydn L October 11, 2019
  3. Ned H October 15, 2019

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