Start My Answer

Roseland Associates Debt Consolidation Review

Melissa Lyken | December 11, 2023

Legal Expert, Paralegal
Melissa Lyken, BS

Melissa Lyken is a senior paralegal and legal-finance content writer with over eight years of professional legal and business experience and a bachelor’s degree in Sociology and Community Studies from the University of California, Santa Cruz.

Edited by Hannah Locklear

Hannah Locklear
Editor at SoloSuit
Hannah Locklear, BA

Hannah Locklear is SoloSuit’s Marketing and Impact Manager. With an educational background in Linguistics, Spanish, and International Development from Brigham Young University, Hannah has also worked as a legal support specialist for several years.

Summary: Afraid that you'll never be able to pay off your debts? Wondering if debt consolidation is for you? Find out if you can save money and time by considating your debts.

Most people are in debt - and not just one type of debt, but often several parallel obligations requiring payments for credit cards, mortgages, student loans, and possibly even a car loan in any given month. Owing this much money can be stressful and frustrating.

On top of making monthly deposits, you also need to keep track of each separate creditor. So it is easy to understand why debt consolidation can be an attractive scenario. You can combine all your debts into one massive lump sum and even obtain a lower interest rate on the total debt.

Considering all of the potential benefits of debt consolidation, you may be shopping around for a debt consolidation company, and you may be considering Roseland Associates. If so, continue reading for our rating on this company.

Are you being sued by a debt collector? Respond in 15 minutes with SoloSuit.

Debt Consolidation Helps Minimize Your Debt

Debt consolidation allows you to combine all your debts, including medical bills, credit cards, and personal loans. But does it help? Consolidation doesn't equal debt settlement, and doing this won't get rid of your debt immediately.

However, debt consolidation is a debt management technique that can make your life easier if you pair it with other strategies. It isn't a way to stop you from having to pay your debt, as there is no way to get out of paying your debts altogether. Also, while you may obtain a lower interest rate and a monthly payment plan, it isn't guaranteed.

You want to make sure you take a close look at your current interest rates to determine if consolidating is the best option for you. The specifics of each plan vary for each customer, so make sure it's right for you.

Get to Know Roseland Associates

Roseland Associates is a Maryland-based US debt consolidation company that offers customers competitive interest rates. They are a relatively new company and opened their business in April 2019. They also don't just help their customers manage debt. Roseland Associates also teaches customers how to develop better money habits. Adhering to their tips can help you improve your financial status over a few years.

Roseland Associates will talk to your creditors and take over your debt. Now you are paying Roseland the entire debt sum at a better interest rate, making your monthly payment lower and manageable. Ultimately, debt consolidation may be an excellent option for you to obtain a better long-term financial standing. As you are considering Roseland associates, you want to take stock of:

  • Your current debt
  • Your current interest rates
  • Roseland's proposed interest rates
  • Current monthly payment vs. your new monthly payment
  • Your income and ability to continually pay the new loan

The advantage of partnering with an agency like Roseland Associates is not arbitrary debt reduction; instead, it lies in providing a manageable monthly payment sum, which is often a more workable solution.

Use SoloSuit to make the right defense and win in court.

Explore the Pros of Debt Consolidation with Roseland Associates

Suitable for large debts

If you have a large debt or owe more than two companies, Roseland Associates may be a good option for you. They specialize in large loans and have competitive rates that allow you to pay off your loan over several years. Additionally, they have policies that can help you pause payments for one to three months in situations such as losing your job. If the sum of the total debt you want to consolidate is relatively high, don't be afraid to consider consolidation if it will mean fast pay-off and management.

Clients with low credit scores are welcome

The biggest issue you will face when you're considering debt consolidation companies is their credit score requirements. Most of these firms require a high credit score to get a reasonable interest rate, which is extremely difficult when you need financial help.

If you've been in debt for several years, don't have a consistent job, or are working at a low wage, you've probably missed a payment or two over the years. Roseland Associates doesn't assess you strictly on your credit report and will take you on even if you have a poor credit score.

Flexible repayment options

Roseland Associates has flexible payment options that are available to a wide variety of debtors. They have no restriction for minimum debt amount, which means anyone can acquire their services.

Consider the Cons of Debt Consolidation with Roseland Associates

Higher interest rates for bad credit

If you have a low credit score, Roseland Associates will likely take you on as a client. However, you will have to pay a higher interest rate than a customer with a good credit score. While this is a standard policy within the industry, it is still a factor to consider if you're on the fence about partnering with a firm.

You will want to compare the quoted rates before making your final decision on a particular company.

Origination fees are added to the interest

Roseland Associates charges customers an origination fee when they sign up. This initial fee will be added to your loan, so make sure you take this into account.

Don't let debt collectors push you around. File a response with SoloSuit.

Final Verdict on Roseland Associates Debt Consolidation

Roseland Associates has an online customer rating of 3 out of 5 and sits under the MHA Nation of North Dakota's umbrella. They offer a host of services in the field of debt management. Be sure to remember the following:

  • Debt consolidation may not reduce or eliminate your debt. Roseland Associates will help you pay off your debt in reduced installments.
  • If you have two or more types of debt, debt consolidation can help lighten the load by combining them. Roseland Associates is recommended especially for people with several creditors.
  • The interest rate will vary depending on your credit history and the details of your debt. While Roseland Associates accept clients with poor credit scores, they will charge you a higher interest rate if you fall within this category.

If you are struggling with debt, you can contact them here and get a custom-built plan to suit your financial needs. An expert will help you formulate the best possible plan and engage with your current creditors on your behalf.

What is SoloSuit?

SoloSuit makes it easy to respond to a debt collection lawsuit.

How it works: SoloSuit is a step-by-step web-app that asks you all the necessary questions to complete your answer. Upon completion, you can either print the completed forms and mail in the hard copies to the courts or you can pay SoloSuit to file it for you and to have an attorney review the document.

Respond with SoloSuit

"First time getting sued by a debt collector and I was searching all over YouTube and ran across SoloSuit, so I decided to buy their services with their attorney reviewed documentation which cost extra but it was well worth it! SoloSuit sent the documentation to the parties and to the court which saved me time from having to go to court and in a few weeks the case got dismissed!" – James

Get Started

>>Read the FastCompany article: Debt Lawsuits Are Complicated: This Website Makes Them Simpler To Navigate

>>Read the NPR story on SoloSuit: A Student Solution To Give Utah Debtors A Fighting Chance

How to Answer a Summons for debt collection in all 50 states

Here's a list of guides on how to respond to a debt collection lawsuit in each state:

The Ultimate 50 State Guide

Guides on how to resolve debt with every debt collector

Are you being sued by a debt collector? We’re making guides on how to resolve debt with each one.

Resolve your debt with your creditor

Some creditors, banks, and lenders have an internal collections department. If they come after you for a debt, Solosuit can still help you respond and resolve the debt. Here’s a list of guides on how to resolve debt with different creditors.

Settle your medical debt

Having a health challenge is stressful, but dealing medical debt on top of it is overwhelming. Here are some resources on how to manage medical debt.

Guides on arbitration

If the thought of going to court stresses you out, you’re not alone. Many Americans who are sued for credit card debt utilize a Motion to Compel Arbitration to push their case out of court and into arbitration.

Below are some resources on how to use an arbitration clause to your advantage and win a debt lawsuit.

Stop calls from debt collectors

Do you keep getting calls from an unknown number, only to realize that it’s a debt collector on the other line? If you’ve been called by any of the following numbers, chances are you have collectors coming after you, and we’ll tell you how to stop them.

Federal debt collection laws can protect you

Knowing your rights makes it easier to stand up for your rights. Below, we’ve compiled all our articles on federal debt collection laws that protect you from unfair practices.

Get debt relief in your state

We’ve created a specialized guide on how to find debt relief in all 50 states, complete with steps to take to find relief, state-specific resources, and more.

Debt collection laws in all 50 states

Debt collection laws vary by state, so we have compiled a guide to each state’s debt collection laws to make it easier for you to stand up for your rights—no matter where you live.

Statute of limitations on debt state guides

Like all debt collection laws, the statute of limitations on debt varies by state. So, we wrote a guide on each state’s statutes. Check it out below.

Statute of Limitations on Debt Collection by State (Best Guide)

Check the status of your court case

Don’t have time to go to your local courthouse to check the status of your case? We’ve created a guide on how to check the status of your case in every state, complete with online search tools and court directories.

How to stop wage garnishment in your state

Forgot to respond to your debt lawsuit? The judge may have ordered a default judgment against you, and with a default judgment, debt collectors can garnish your wages. Here are our guides on how to stop wage garnishment in all 50 states.

How to settle a debt in your state

Debt settlement is one of the most effective ways to resolve a debt and save money. We’ve created a guide on how to settle your debt in all 50 states. Find out how to settle in your state with a simple click and explore other debt settlement resources below.

How to settle with every debt collector

Not sure how to negotiate a debt settlement with a debt collector? We are creating guides to help you know how to start the settlement conversation and increase your chances of coming to an agreement with every debt collector.

Other debt settlement resources

Personal loan and debt relief reviews

We give a factual review of the following debt consolidation, debt settlement, and loan organizations and companies to help you make an informed decision before you take on a debt.

Civil law legal definitions

You can represent yourself in court. Save yourself the time and cost of finding an attorney, and use the following resources to understand legal definitions better and how they may apply to your case.

Get answers to these FAQs on debt collection

How-to debt guides

Learn more with these additional debt resources