BBB Business Review
This Business is not BBB accredited
Preferred Financial Solutions, Inc.
Phone: (317) 554-3166 View Additional Phone Numbers 5656 W. 74th Street, Indianapolis, IN 46278
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This business is not BBB accredited.
Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.
To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.
Reason for Rating
BBB rating is based on 16 factors. Get the details about the factors considered.
Factors that raised the rating for Preferred Financial Solutions, Inc. include:
- Length of time business has been operating.
- Complaint volume filed with BBB for business of this size.
- Response to 3 complaint(s) filed against business.
- Resolution of complaint(s) filed against business.
- BBB has sufficient background information on this business.
Customer Complaints Summary Read complaint details
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||3|
|Total Closed Complaints||3|
Customer Reviews Summary Read customer reviews
|Customer Experience||Total Customer Reviews|
|Total Customer Reviews||0|
Type of Entity
Business ManagementMr. Jeff Brooks, President Mr. L D Wilson, C O O Mr. Dan Yuksa, C F O
CREDIT-DEBT CONSOLIDATION SERVICES
Alternate Business NamesC C R Now Credit Card Relief Credit Card Relief Now Credit Card Rescue Debt Settlement Program Enrollment Trust Services Preferred Community Services Preferred Companies, Inc.
Companies or organizations offering debt consolidation services do not lend debtors money to pay off their bills. They may, however, offer to total all the money you owe and try to make arrangements with your creditors to pay them what they are owed in manageable monthly installments. They may also offer counseling on good credit and budgeting practices. They cannot obtain the removal of accurate, adverse information on your credit history from credit reporting agency reports.
A variety of providers offer credit counseling services. The cost of the services may range from nothing, or very little, to several hundred dollars in up-front fees plus a monthly membership or service charge based on a percentage of your total debt.
Debt consolidation services may have arrangements with local retailers and financial institutions, such as banks or loan companies, to help set up debtors' repayment plans. Before signing up with a debt consolidation service, ask your major creditors if they have - or are willing to make these arrangements with the service you are considering. If there are no prior arrangements, or your creditors are not willing to make them, you may have a hard time structuring a helpful repayment plan.