When facing overwhelming debt, choosing the right relief company is crucial. Strategic Financial Solutions, also known as Strategic Consulting, offers customized debt relief solutions to help individuals regain financial stability. In this article, we’ll delve into who they are, how they operate, the services they provide, customer feedback, and recent legal proceedings.
If you’re exploring debt relief options, remember that CuraDebt offers a free consultation to help you determine the best path forward for your financial situation.
Strategic Financial Solutions (SFS)—also known as Strategic Consulting—was founded in 2007 and is headquartered in New York City. The company specializes in assisting clients with reducing their debt burdens through personalized solutions. They primarily focus on unsecured debts, including credit cards, medical bills, and personal loans. Their mission is to empower clients by creating financial plans tailored to individual needs, emphasizing transparency and personalized service.
Need a loan or help with debt relief? CuraDebt is here for you.
SFS primarily offers debt settlement services, which involve negotiating with creditors to reduce the total amount owed. Their process typically includes:
The duration of this process varies depending on the client’s debt load and financial situation.
SFS offers the following services:
Let’s look at what people are saying about Strategic Financial Solutions across various review platforms. These insights provide a balanced view of the company’s service quality and customer satisfaction.
On Trustpilot, Strategic Consulting holds a solid reputation with an average rating of 4.3 out of 5 stars, showing that many customers are satisfied with their services. Here are a few specific reviews:
Google Reviews reflect an even higher satisfaction rate, with an average rating of 4.7. Here are a few of those reviews:
On the BBB website, Strategic Consulting has an average customer rating of 2.82 out of 5 stars. Some customers expressed frustration with the communication process. Here are a few reviews:
Strategic Financial Solutions (SFS), also known as Strategic Consulting, has recently faced legal challenges that have raised concerns about its operations. In January 2024, the Consumer Financial Protection Bureau (CFPB) and attorneys general from seven states filed a lawsuit against the company. Regulators allege that SFS engaged in illegal debt relief practices by charging exorbitant and unlawful fees, swindling over $100 million from financially struggling families.
The CFPB has accused the company of misleading consumers and failing to deliver the promised financial relief in some cases. As part of the ongoing legal action, regulators are seeking to halt the company’s operations and secure restitution for affected individuals.
While Strategic Financial Solutions has denied the allegations, the case remains active, casting uncertainty over its business practices. Additionally, there is speculation online about whether the company may file for bankruptcy, although no official filings have been reported as of now.
This situation underscores the importance of thorough research when choosing a debt relief provider. Ensuring a company has a solid reputation, transparent practices, and a history of ethical behavior is crucial for consumers seeking financial relief.
Looking for a trusted alternative? CuraDebt offers a free consultation and personalized solutions to help you achieve financial freedom with transparency and care.
Discussions on Reddit about Strategic Consulting provide another perspective. In one conversation, a Reddit user asked whether Strategic Consulting is a trustworthy company. The responses were mixed, with one commenter advising caution, calling the company “a scam” due to the experiences others have shared online. These discussions can be valuable, as they provide real users’ opinions based on personal experiences or what they’ve seen others go through.
As a debt relief company committed to customer satisfaction, CuraDebt holds a strong reputation with numerous positive reviews from clients who have successfully reduced or eliminated their debts. Clients often mention our transparent process, knowledgeable staff, and accessible support. Many clients say that working with CuraDebt has helped them regain control over their finances and reduce financial stress.
When it comes to debt relief, you need a partner who prioritizes your financial well-being, which is why CuraDebt offers a free consultation to help you find the best solution for your needs.
Strategic Financial Solutions (also known as Strategic Consulting) offers debt relief services, but it’s essential to weigh the pros and cons. While they have positive reviews on platforms like Google and Trustpilot, their average rating on the Better Business Bureau and recent legal issues raise concerns.
When choosing a debt relief company, consider the following:
If you’ve previously worked with Strategic Financial Solutions and are looking for a new path forward, CuraDebt can help. We offer a free consultation to explore personalized options tailored to your situation. With a proven track record of assisting clients in reducing debt and achieving financial freedom, we’re here to guide you every step of the way.
Take the first step toward a debt-free future. Schedule your free consultation with CuraDebt today!
When faced with overwhelming debt, it’s tempting to look for quick solutions—and your retirement savings…
Death is an inevitable part of life, but it’s often accompanied by questions about what…
If you’re dealing with high-interest credit card debt, you may have heard about balance transfer…
When it comes to managing your finances, one of the most common questions is, "How…
Dealing with overwhelming debt can be stressful, but finding the right debt relief company can…
Running a business comes with financial risks, but one of the biggest concerns for business…