Is Greenwise Financial Solutions legit?
It’s hard to say if Greenwise Financial is legit or not. It says it offers customized debt relief programs for clients, but its terms and conditions say it’s “an online marketplace for you to find third-party lenders and other providers…” At any rate, its message isn’t consistent.
It also has many positive reviews and high ratings on trusted sites like the Better Business Bureau (BBB) and Trustpilot, but at least some of those don’t ring true. It also has some very poor reviews, with a few going so far as to call it a scam.
For these reasons, you may want to consider a company that’s more upfront about exactly what it offers, such as Freedom Debt Relief, National Debt Relief or another provider with a more established reputation.
Where Greenwise Financial Solutions falls short
Greenwise Financial fails to be up front about what it does or what it charges. On the surface, it presents itself as a debt relief provider, but it also claims to be an online marketplace. So, which is it? It’s hard to know without signing up and taking the risk that it might sell your info.
Plus, no one answered the multiple phone calls we made attempting to get clarification. You can’t even leave a message.
How Greenwise Financial Solutions compares to other providers
What is the Finder Score?
The Finder Score crunches 6+ types of personal loans across 50+ lenders. It takes into account the product’s interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate – this gives you a simple score out of 10.
Read the full Finder Score breakdown
What makes Greenwise Financial Solutions shine?
Given all the questions and lack of transparency about Greenwise Financial, we can’t find a good reason to recommend it over other providers. If you’re seriously considering a debt relief program, you may want to look elsewhere. Just keep in mind that debt settlement should generally be considered a last resort alternative to bankruptcy.
Another alternative, if you have considerable debt but can still make your minimum payments, is to consider a debt management plan (DMP). With the help of a nonprofit credit counseling agency, a DMP can help you restructure your debt to make it more affordable, without defaulting.
Or, if you have decent credit, a debt consolidation loan may be a good option. This way, you can consolidate your debts into a single loan at a lower interest rate than you’re currently paying. Some lenders offer loans specifically for debt consolidation, where they’ll even send the money directly to your creditors on your behalf. But really, any personal loan can serve the same function.
How much can I save?
Greenwise Financial doesn’t specify exactly how much you can save, but most debt relief companies advertise that you could save as much as 50%, not counting fees. So, realistically, you may only save 25% or 35%. But it’s important to note that your creditors may refuse to settle and you won’t save anything.
How much does it cost?
Again, Greenwise is light on the details, but most debt relief companies charge around 15% to 25% of your enrolled debt. For example, if you enroll $20,000 in debt, your fee would be between $3,000 and $5,000.
Will Greenwise Financial Solutions hurt my credit?
Yes, any debt settlement will negatively impact your credit because part of the program requires you to stop making your debt payments. Then those missed payments get reported to credit bureaus and cause your score to drop.
Having said that, if your credit score was poor already, the damage may not be so drastic. But if you go into the debt relief program with a good score, you’ll see a significant drop.
Greenwise Financial Solutions details
Since Greenwise doesn’t give a lot of specifics, the details provided are typical of most debt relief companies.
| Free quote or consultation | Yes |
| Services | Debt settlement |
| Minimum debt | $5,000 to $10,000 |
| Average turnaround | 12 to 48 months |
| Fees | 15% to 25% |
| Types of debt | Unsecured debts, including credit cards, personal loans, medical bills and store cards |
| Accreditations | none listed |
| Direct or third-party negotiations | Unclear |
| State availability | May not be available in all states |
Before you sign up with a debt relief company
Debt relief companies typically charge a percentage of a customer’s debt or a monthly program fee for their services. And not all companies are transparent about these costs or drawbacks that can negatively affect your credit score. Depending on the company you work with, you might pay other fees for third-party settlement services or setting up new accounts, which can leave you in a worse situation than when you signed up.
Consider alternatives before signing up with a debt relief company:
- Payment extensions. Companies you owe may be willing to extend your payment due date or put you on a longer payment plan if you ask.
- Nonprofit credit counseling. Look for free debt-management help from nonprofit organizations like the National Foundation for Credit Counseling.
- Debt settlement. If you can manage to pay a portion of the bill, offer the collection agency a one-time payment as a settlement. Collection agencies are often willing to accept a lower payment on your debt to close the account.
Greenwise Financial Solutions contact info
| Phone number | 561-291-9497 |
| Customer service hours | Not listed |
| info@greenwisefinancial.com | |
| X, formerly Twitter | @GreenwiseF31038 |
| Greenwise Financial Solutions |
How to qualify for Greenwise Financial Solutions
Typical requirements to qualify for any debt relief program include the following:
- At least $5,000 to $10,000 in eligible debt
- Have unsecured debt
- Live in a state where the company operates
How the debt settlement process works
Here’s what typically happens when you enroll in debt relief.
- Attend a free initial consultation to assess your financial situation.
- Review plan options with a debt consultant.
- Stop paying your creditors and instead fund a dedicated savings account.
- Wait while the debt relief company attempts to negotiate with creditors to settle for less than you owe.
A legit debt relief provider typically only gets paid its fee after each debt is settled. Read your agreement carefully and watch out for hidden fees such as account setup charges or maintenance fees.
Greenwise Financial Solutions reviews and complaints
| BBB accredited |
No |
|---|---|
| BBB rating |
A+ |
| BBB customer reviews |
4.9 out of 5 stars, based on 276 customer reviews |
| Trustpilot Score |
4.3 out of 5 stars, based on 1,332 customer reviews. |
| Customer reviews verified as of |
29 August 2025 |
Greenwise Financial gets high marks on the Better Business Bureau (BBB) and Trustpilot. Customers praise the knowledgeable and professional customer service and affordable monthly payments.
But some report difficulty contacting customer service or getting a refund after closing their account. Others complain of excessive solicitation, including numerous calls and emails a day from multiple phone numbers and email addresses.
What do people on Reddit say?
A couple of years ago, someone on Reddit posted an email that looked like it came from Greenwise, but with a nonsensical email address, asking if it was legit. One commenter suggested it was most likely spam and to just ignore it and any future similar emails.
There’s nothing else about Greenwise Financial on Reddit, but there are dozens of threads about debt settlement in general if you want to read what people have to say about these kinds of programs.
Risks to debt settlement
Consider these key risks before jumping into a debt relief program.
- No guarantees. While debt relief companies may be able to settle your debts for less than you owe, they don’t guarantee it will happen, and you could end up worse off than when you started.
- Additional debt. As soon as you stop making debt payments, you’ll incur late fees and interest will continue to accrue until you settle.
- Potential lawsuits. Some creditors may choose to take you to court rather than agree to a settlement.
- Tax consequences. Money that you “save” by settling may be taxed as income.
