Smart Money CapitalReviews of smartmoneycapital.com

Communication is a huge help

I've wanted to consolidate some debt for awhile, but it's a rather daunting task. I was pleasantly surprised with how smoothly this went and had it all completed within an hour! Justin Skiles was awesome! He explained the process very well and answered all of the questions I had. I'm thrilled to be tackling this debt and getting things paid off quicker and with MUCH less of a monthly payment.

Ron was so supportive, clear, and honest about the process...it took a while, but I felt no stone was left unturned. Overnight I had a question, received the scheduled follow-up phone call the next day; Ron had anticipated that question and had the answer right away. I feel 100% comfortable with this decision -- thank you!

I worked with Chris. Throughout the process he was courteous, professional, informative and explained each step along the way. He is very pleasant and knowledgeable. I greatly appreciate his help in my journey to become free of my debts.

Responded to a marketing gimmick mailer that promised that I was pre-approved for a personal loan. I was intrigued because I have quite a bit of credit card debt and was looking to consolidate and pay less interest. My credit score is 730 and I pay more than the minimum and always on time. My income fluctuates and it's normal for me to get large paydays followed by lighter months. Currently I'm in a longer lull than normal and it's making me freak out. I wasn't eligible for the loan (reduced income, hardship, high utilization) so it immediately went to debt consolidation pitch. The spiel was centered around "savings" Basically you stop paying your bills and they negotiate a settlement for you. They will tell you there's no interest and emphasize the savings and how you will be out of debt so much faster, in a matter of 48 months or even less when you adhere to their payment program. I'm giving one star because it took me asking several times over a few days to get the breakout of what/where payments were going. They were not forthright in how they make their money or what their fee structure looks like. To break it down simply it looks like this: Say you have 100k in debt and paying 25% interest annually. Smart Money negotiates and settles that to 55k in debt with no interest and then tacks on fee of 25% of the original debt or 25k fee. You then make a fixed payment bi weekly to smartmoney to pay down the now 80k balance. They call that 20k in savings. To me, its worth it to preserve my credit rating because its useful for things like mortgages, leases, and medical care credit (like if you need to finance something major, like IVF) I shopped around and spoke with Accredited and Freedom Debt Relief (both A+ BBB rated) and was given the lowdown on how these programs work in under thirty minutes. I found the sales pitch practices of Smart Money Capital suspect, they are small, they aren't even BBB accredited. The trust pilot five star reviews look padded and don't give any real story of how they operate.

Ron was great help. Listened to my situation and provided exceptional customer service.

Reaching out for financial help can be a bit intimidating. I had been putting it off for a while because I didn't know where to start. Justin was super helpful, he explained the process so well, I felt no judgment, instead I felt empowered and hopeful to get rid of my debt. He was honest and made sure I understood well this process. After the call I felt very silly for not reaching out sooner, Justin was very relatable and understanding. I wish there were more "Justins" out there helping people take the first step to financial stability. I am looking forward to working with him and celebrate my financial progress.

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