Beyond Finance

Beyond Finance Reviews

Overview

Beyond Finance has an average rating of 4.5/5.0, based on 108 reviews.

Staff

97%of reviewers were satisfied with the company's Staff
Excellent
Staff

56 recent reviewers mentioned Beyond Finance's staff. 96% were happy or satisfied with the staff, ranking Beyond Finance 7th among debt settlement companies on our site.

Customer Service

67%of reviewers were satisfied with the company's Customer Service
Fair
Customer Service

28 recent reviewers mentioned Beyond Finance's customer service. 66% were happy or satisfied with the customer service, ranking Beyond Finance 9th among debt settlement companies on our site.

Process

93%of reviewers were satisfied with the company's Process
Excellent
Process

27 recent reviewers mentioned Beyond Finance's process. 93% were happy or satisfied with the process, ranking Beyond Finance 5th among debt settlement companies on our site.

Transparency

83%of reviewers were satisfied with the company's Transparency
Good
Transparency

16 recent reviewers mentioned Beyond Finance's transparency. 83% were happy or satisfied with the transparency, ranking Beyond Finance 8th among debt settlement companies on our site.

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4.5(108)
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Written by Tammy Burns
+1 more
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Edited by Jon Bortin

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About Beyond Finance

Established in 2011, Beyond Finance is a debt settlement company that says it can cut your monthly payments by 40% or more while negotiating with creditors on your behalf to reduce the total amount you owe. Beyond Finance says its services are ideal for people with $10,000 or more in unsecured debt who want to avoid bankruptcy.

Pros
  • Free consultation
  • Mobile app
  • 24/7 live chat support
Cons
  • Not available in all states
  • Unable to offer legal support

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What is Beyond Finance?

Beyond Finance provides personalized debt settlement programs for unsecured debts such as credit cards, medical bills and private student loans. It is affiliated with Accredited Debt Relief, a debt settlement company that operates in 32 states. When you sign up for Beyond Finance online, the intake assessment is done by Accredited Debt Relief.

One notable perk of Beyond Finance is its mobile app that allows you to manage your enrolled debts and monitor your progress. The app has a 4.7-star rating on Google Play and a 4.9-star rating on Apple’s App Store as of publishing, with over 4,000 reviews combined.

How does Beyond Finance work?

With Beyond Finance, you’ll first set up a free consultation with one of its team members. Based on your financial circumstances, Beyond Finance will then help you choose a personalized debt settlement program. Beyond Finance says most clients fully resolve their enrolled debt in 24 to 48 months.

With any debt settlement program, the goal is to reduce the total amount you owe to your creditors. To do this, Beyond Finance will require that you stop paying your creditors and instead deposit a monthly payment into a settlement account. During this time, Beyond Finance will negotiate with the creditors on your behalf.

Once a settlement amount has been agreed to with a creditor and approved by you, the payments you’ve been making into the settlement account will be sent to the creditor. This may be in one lump sum or in multiple payments. Beyond Finance says that, on average, clients must save 40% to 50% of a debt before a settlement offer will be made.

Note that debt settlement will hurt your credit because you’ll no longer be making payments on those bills. You’ll incur interest and late fees on those unpaid amounts — and since there’s no guarantee a creditor will agree to settle, you could end up owing even more at the end of the process. Ensure the risks are worth it before pursuing any debt settlement program.

Beyond Finance services

Beyond Finance offers debt settlement services for the following types of debt:

  • Credit cards
  • Personal loans
  • Private student loans
  • Medical bills
  • Lines of credit
  • Debts in collections

It cannot help with federal student loans, mortgages, auto loans or other secured debts.

While Beyond Finance doesn’t specify a minimum debt requirement to participate in its program, it does say that debt settlement is best for people with $10,000 or more in unsecured debt.

Beyond Finance is not available in all states. However, it doesn’t specify on its website which states are ineligible.

Also, since Beyond Finance is not a law firm, it cannot offer any legal advice should a creditor decide to take legal action against you. However, Beyond Finance says it will attempt to resolve that creditor’s account and can refer you to further help as needed.

Beyond Finance fees

Beyond Finance charges a percentage-based fee of 15% to 25% of your enrolled debt. If it is unable to resolve a debt with a creditor, Beyond Finance says you won’t be charged any fees for that particular debt.

The initial consultation is free, and Beyond Finance doesn’t charge any upfront fees. You’ll only owe your fee once you’ve reached a settlement.

Beyond Finance FAQ

Does Beyond Finance have a money-back guarantee?

Beyond Finance does not mention anything about a money-back guarantee on its website. However, it does say that you will not be charged any fees unless a settlement is reached.

Will using Beyond Finance hurt my credit score?

Yes, you should expect your credit score to take a hit with any debt settlement company because you must stop paying your creditors as part of the negotiation process. However, if your settlement is successful and you show responsible financial habits, your credit score will eventually go back up over time.

Does Beyond Finance give out loans?

Beyond Finance offers a “graduation loan” of $1,000 to $75,000 through its affiliate, Above Lending. The purpose of the loan is to help you complete the debt settlement process faster. The funds are deposited into your settlement account so that you can pay off any remaining debts and fees in as little as 90 days. The loan is by invitation only, based on your ability to make consistent deposits and your creditworthiness.

Is Beyond Finance legit?

Beyond Finance is a legitimate debt resolution company that is accredited by the American Fair Credit Council, the Consumer Debt Relief Initiative and the Better Business Bureau. Its repayment accounts are insured by the Federal Deposit Insurance Corporation. Beyond Finance says it has helped resolve more than $3 billion in debt to date.

Beyond Finance Reviews

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    How do I know I can trust these reviews about Beyond Finance?
    • 4,592,094 reviews on ConsumerAffairs are verified.
    • We require contact information to ensure our reviewers are real.
    • We use intelligent software that helps us maintain the integrity of reviews.
    • Our moderators read all reviews to verify quality and helpfulness.
    Page 1 Reviews 0 - 5
    StaffTransparency

    Reviewed Sept. 14, 2024

    I have been battling the debt devils for many years, and even though my debt loads are not unique but substantial, the experience was very positive. The staff (Joan **) was very pleasant, knowledgeable, and took her time as we worked through the history and the "debt" damage. Each person's situation is different (though we all fit into specific categories), but we all have unique income, expense, and debt situations. She navigated it quite well, and with the attached videos, education, and documentation, it was very understandable (at least to me). How one processes loss and shame is always owned by the person; however, staff like Joan really take great care to ensure you feel safe and transparent throughout the whole process.

    The biggest suggestion I can make to those who read this and are contemplating the process is to make sure you know honestly what your debts and payments are and exactly what your budget/expenses are. If you do this and process your feelings, when you talk to staff like Joan, you understand and can learn to feel less stress. Do go and research the reviews, take web searches (e.g. Reddit etc) with a salt of truth and know every situation is different.

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    Customer ServiceStaffTransparency

    Reviewed Sept. 6, 2024

    Beyond Financing has been an absolute lifesaver in my journey to becoming debt-free. Before finding them, I was overwhelmed with debt and struggling to make ends meet, feeling like there was no way out. From the first conversation, their team made me feel heard, understood, and supported. They created a personalized plan that fit my needs perfectly, and I finally felt hopeful about my financial future. Beyond Financing handled everything with my creditors, reducing my payments and easing my financial stress. Their constant communication and transparency kept me informed every step of the way, and I always knew they had my back.

    Thanks to their expertise and dedication, I’m now on the path to financial freedom. I can’t describe the relief and peace of mind I feel knowing I’m no longer drowning in debt. Beyond Financing didn’t just manage my finances; they truly changed my life. I highly recommend them to anyone feeling trapped by debt—this company is a true lifeline!

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      Customer ServiceStaffProcessTransparency

      Reviewed Aug. 27, 2024

      Oh my word, what can I say… I feel like a huge weight has been lifted from my shoulders and it started with a simple phone call. Jensen ** was my advisor and he was patient and kind and walked me through the process in about an hour and a half… We were able to do everything from my phone and laptop… Pull up records… Check balances… Calculate realistic monthly budget… And when I saw the cold hard facts that I was actually living in a negative state for so long… While still staying current with auto payments on all of my debt… But it required, substantial draws from my retirement in order to do so.

      We went through a lot of changes in the last few years… Separation… Reconciliation… Sold our home in the city and got 12 acres in the country… On a new journey together with my husband ❤️. I sustained a rotator cuff tear four months ago, saving a goat from my dog… So of course, a substantial drop in income. Getting prepared for surgery next week and that was looming over me, knowing that if I don’t work, I don’t bring in revenue since I am a self-employed nurse with her own corporation…

      Years ago I was at the pinnacle of my success bringing in sometimes $20,000 a month and now it’s closer to six to $9000 a month… I definitely was living beyond my means but I have learned so much moving to the country and living a more simple life… I truly have changed… And beyond finance is giving me a fresh start! I feel like I can breathe a little easier now going into surgery next week not stressing about money… I will be a work in progress for some time, but I can see that glimmer of light at the end and I am so looking forward to financial freedom.

      While I’m recovering from my surgery, I’m going to go through the financial peace University information that I have from my class I took at my church seven years ago… Because I truly want to make positive changes not only in my life but in my finances… And look forward to an amazing future on our farm with my husband, our dogs, and a pig named Wilbur. :-)

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      Customer ServicePrice

      Reviewed Aug. 15, 2024

      I am a disabled veteran. I was using Facebook when I noticed an advertisement for debt relief. I clicked the link and it connected me with Beyond Finance. After making the call to investigate the program, I decided this would be my best course of action. I was already in a program with another company and I definitely found out I would be able to include a debt with Beyond Finance that wasn't included in my current program.

      The best part is that it freed up more money in my budget while paying almost the same amount I am currently paying. The length of the program I was in is the same as what Beyond Finance offered. The process is very simple and they have an app for managing your account. You can see your progress, your accounts, and the settlement offers from your creditors. I highly recommend this company if you are overwhelmed with unsecured debt that continues to charge huge fees and interest. Beyond Finance can stop the snowball effect by negotiating with the creditors. The convenience of having a lower payment plan and stopping the annoying intimidating calls from your creditors is a huge relief. If you're reading this, then don't hesitate to contact Beyond Finance.

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      Staff

      Reviewed June 29, 2024

      I worked for a MAJOR INSURANCE Company for 50 yrs, a widow & was hired by an agent to help out with their agency. This agent screwed me every way she could. No pay checks & when I got one it came back NSFs. Had insurers coming in screaming @ me because they paid the agent & got cancelled because the agent had their checks made out to her. Deposited the $$ in to her personal acct. I quit, took her through TWC who found her guilty, she turned around. Filed bankruptcy. Leaving a 70 yr widow almost in bankruptcy with bills I couldn't pay.

      So far Beyond had kept them off my back even though my credit got ruined. So far I haven't gotten any nasty letters from my debtors in the yr that I signed up with them. The MAJOR insurance company I had worked for 50 yrs told me it was MY problem. Not theirs! Never offered to help a 50 yr employee that got screwed by an agent THEY hired. It will take me 7-8 yrs to clean up the mess she placed me in and the insurance I worked for 50 yrs to spit on me!! (Did I mention I was a widow too?)

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      StaffProcess

      Reviewed Jan. 15, 2025

      Arturo ** is very professional and carries his job well.. His patients allowed me to take a step back and really understand each process in becoming debt free.. Very genuine!!! I feel like I can breathe now. Thank you!!

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      StaffProcess

      Reviewed Jan. 15, 2025

      I was hesitant to move forward. When you find yourself in a situation needing this type of help, there are many emotions to deal with. From the very first words spoken by their agent, I felt a sense of relief and compassion. I was impressed by the professionalism, which was warm and caring rather than stiff and judging. It was a reasonable process that brought me to a peace of mind I have not had for weeks, even months. Much of the process is how you bring your need to them. Be open and honest and willing to accept help and guidance. Do your part to make it a good 'thing'.

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      StaffProcess

      Reviewed Jan. 13, 2025

      This company is very helpful. Thank you so much for walking me through all the paperwork and explaining everything to me. The employee was wonderful and went through everything step by step. I feel relieved to be in this program. Thank you!

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      StaffTransparency

      Reviewed Jan. 13, 2025

      I had an excellent experience, everything is very well laid out and explained perfectly. Melanie was very friendly and understanding, made sure I was comfortable with the decisions being made and the steps to go thru to get me back on financial track. I’m so thankful for the help and support.

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      Customer ServiceStaffTransparency

      Reviewed Jan. 13, 2025

      Daniel was amazing! He was very thorough and patient. I had a lot of questions and he walked me through every answer with great detail. I am so grateful for Beyond Finance. I don’t know what I would done without them!

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      Beyond Finance Company Information

      Company Name:
      Beyond Finance
      Website:
      www.beyondfinance.com