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Alleviate Financial Solutions

Alleviate Financial Solutions review: Bad news; never again

R
Author of the review
2:53 am UTC
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This review was chosen algorithmically as the most valued customer feedback.

FYI: Most of my accounts, with them, not only went delinquent, but they went closed, due to no payments, even though making agreed payments each month. Therefore, I think this is how long they are willing to take to secure their fees, before a settlement, while our account/bills sit by the waste side, as they collect from us. That is, what I think is the reason for this is they wait until they have collected enough monthly payments from us, before a settlement, due to not being able to officially collect, until a settlement. Note: Look on each settlement document for what they will be paying your creditor monthly against what you're paying them, monthly. LOL, no it's not a monthly savings moving forward. I think it's gone as their expensive fee, which is right after any settlement.

Listen: As a few has already said, call your own creditors to work on options, especially if your bills become closed; if so, there are no additional interest when an account becomes closed. Listen: We have to pay the IRS on any settlements. That is, the remaining money not paid to creditors, in a settlement, gets reported to the IRS as either income or capital gain.

FYI: Any creditor can tell you this without a doubt; therefore, I think with any monthly money made to Alleviate period, along with what will be reported to the IRS, will it even ever be worth it? Our creditors and/or their collection unit will work with their customers.

Lastly, I think Alleviate ask some to possibly increase monthly payment: I wonder why. I think they also possibly ask if wanting a loan from them with interest, after already have paid their high fees.

Recommendation: Make sure you get a mailed agreement, as well as always check your portal against monthly payments made.

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    4 Park Plaza Suite 1500, Irvine, California, 92614, United States
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    May 20, 2026
Alleviate Financial Solutions Category
Alleviate Financial Solutions is ranked 312 among 437 companies in the Investment, Insurance and Financial category