Business Debt AdjustersWe help business who are overleveraged on their Merchant Cash Advances. If your business is experiencing hardship because of debt payments. We can help.
Business Debt Adjusters (businessdebtadjusters.com) has 182 customer reviews on Five Star Index, with an average rating of 4.8 out of 5.
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Credit & Debt Services · Manalapan, New Jersey
Excellent
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182 approved reviews, newest moderated first
JOVAN EDUARDO RIVERA R.
A great company looking to help business owners who have been put into loan cycles, they won’t cheat you and will be honest about how and if they can help you out! You always feel like they care and follow through with their word
customer
My experience with this team of people that works with the BDA are dedicated 👌 staff members thats goes the extra mile to help you get out of financial trouble so for the last two months they been helping me and I think most like me gets outta we making a bad decision on who we reach out and get cash advance loans that you paying back on a daily basis so I wanted to take the time to thank you all for helping my business get back its feet. Miss Samantha cesar Anthony George and all your staff Thank you for everything
customer
Staff was eager to understand concerns, and helpful in placing you on right program.
Kyle S.
My business was in a very tough place. I took out an MCA to keep my employees working and the business running but could not get out of the super high interest rates. Then I found BDA. I am cant speak highly enough of them. They were professional, courteous and simply worked their butts off to bring my interest rates down and lower my payments by 70%!!! Thank you Business Debt Adjusters!
customer
BDA was initially very responsive and explained the program very well. When I first enrolled in the program, Phoenicia Anderson was very attentive and responded when I called her. I was frustrated with the lenders calling me and harassing me. She assured me this would stop and I had nothing to worry about. It went south after I quit taking their calls. One of the MCA's filed a lien on my business and had an attorney send out letters to all of my customers stating I owed them money. This almost put me out of business. BDA was not able to negotiate with some of the lenders. I ended up negotiating with several on my own. In an effort to get the lien removed and pull my business out of the defaults that were caused going in to the program, I went ahead, settled and paid off the MCA's that were enrolled in the program. I was only in the program for 3 months. Since I negotiated most of the settlements myself, I asked for a reduction in my admin and settlement fees from BDA. They did agree to reduce the amount some. I went ahead and paid the balance owed. Unfortunately, they still managed to draft my account $500 after the check cleared. I asked for a refund. They were kind enough to give me the option to deposit back in my account in 3-5 days or overnight a check. I opted to overnight the check. The check did not arrive to me for two days and the amount was $40.95 less than the correct amount. It was explained to me there was a $35 fee for overnighting a check. This was not told to me upfront and the check was $40.95 less than the amount. The math does not add up either. I am now out of the program, and have my Zero Balance letter. I have been told by some other lenders, that my MCA accounts that were enrolled in the program, are showing as defaulted loans. Even with the zero balance letters, I will not be able to obtain additional funding at the present time. It typically takes 4 months for lenders to consider loaning money to me again. I completely understand their concern. If I had to do it all over again, I would have just went to the MCA directly and asked for modified payments or settlement instead of using BDA.
Response from Business Debt AdjustersJul 13, 2022
We apologize for that inconvience, we an easily send you the additional money. In terms of new cash advances, it will be harder to obtain but. Traditional loans you wont have an issue with. The companies do not report on your credit.
customer
i was in trouble with loans and they step right in and took care of them for me and they work with you on all aspects and the are polite and have Excellent customer service and they always handle any problems you have
Travis
Dedra saved me from paying my $1300 daily loan payment. I never thought I would be debt free and it seemed like the loans were causing me to borrow more money just to stay alive. Dedra saw what was happening, came up with a plan, and executed like a BOSS. My loans are a fraction of what I owe, no more daily payment, and will be paid off sooner then originally planned. My loans were crazy and if she can help get me out and stable then I know she can with anyone. Don't waste time call Dedra now!!
Valentino R.
They did exactly what they said! I was skeptical at first especially after the bad experience with the merchant cash advance lenders but the team has been communicative and they got me new help in less than a week!