How the Site Works: Ascend's mission is to take the pain out of personal finance for everyone. Not everyone who comes to our site is currently best fit for the Ascend product, so we spend a great deal of time and effort finding partners that we hope will be beneficial to you.
How We Make Money: Our partners sometimes compensate us in the way of advertising. Some partners we recommend pay us referral fees for sending them new customers. If you click through an application link on our site and end up receiving the service, we may receive compensation when your application is approved, and you move forward with this product. Each partner is vetted based on the following criteria:
We prioritize lower interest rate providers.
We prioritize those who do not penalize checking your rate or have prepayment penalties.
We prioritize those that are customer experience focused. We measure this by the reviews on more unbiased review sites.
This article is for informational purposes only and should not be construed as legal or financial advice.
Did you receive a mailer from Clear Skies Lending offering a pre-qualification loan with a 5.95% interest rate and wonder what the reviews say?
Firstly, what I found most interesting is that we spoke with the person who received this mailer, who is already behind on their debt.
So, my first question is, 'How would they be pre-qualified for the loan if they have access to anonymous credit variables that show that this person has been behind on their debt?"
And, secondly, what does this mean for you?
Prudent Financial Solutions Mailer
Additionally, it's worth noting that this mailer was sent from the same address as a mailer for Prudent Financial Solutions (7550 Corporate Way Eden Prairie, MN.) At this time, it's unclear to us if the two companies are connected in any way. You can learn more about Prudent Financial Solutions in this article.
Who is Clear Skies Lending?
Honestly, we couldn't find much regarding Clear Skies Lending, but at the very least they are a debt consolidation company.
Source: https://www.tryclearskies.com/mail/
Please note: they are not to be confused with Clear Sky Lending Inc. or Clear Skies Capital - though their names are all very similar.
What Services Does Clear Skies Lending Offer?
Clear Skies Lending specializes in debt consolidation services, and aims to simplify and reduce monthly payments for those with unsecured debts, such as credit card balances or medical bills.
Let's next look at an explanation of debt consolidation.
What Exactly is Debt Consolidation?
You may receive a mailer claiming you qualify for a debt consolidation loan, but when you call the company, you’re told you don’t qualify for the loan - only for a debt consolidation program instead. It’s important to understand the key differences between consolidation loans and consolidation programs, as they are not the same.
Check out the video below for a detailed breakdown:
Clear Skies Lending Reviews
I could not find any reviews for Clear Skies Lending on Google, TrustPilot, or Better Business Bureau.
However, on their website they do include a few positive reviews that are allegedly from Google, though from what I can find there's no way to confirm where these reviews are from.
Additionally, they have a Facebook page, though it has not been active since 2024.
Looking for a Debt Consolidation Loan?
If you're looking for a debt consolidation loan, feel free to take our free debt consolidation loan calculator below! No personal information is required unless you want to provide it.
You'll find three different debt consolidation loan options using this calculator, it will even provide an estimated cost for alternative debt consolidation methods, like non-profit credit counseling (which helps lower interest rates through an agency).
What About Non-Profit Counseling?
Non-profit counseling is a free or low-cost option where you're paired with a credit counselor to help you understand your debt and create a plan to help you lower your payments and interest rates. (This is one of the options mentioned in the calculator above as well.) Non-profit credit counseling can be especially helpful if you don't qualify for a debt consolidation loan.
Check out this video for more details:
Closing Thoughts
Before working with Clear Skies Lending or any debt consolidation company, take the time to explore and compare all your debt relief options. A thorough evaluation of the company and its services will help you determine if debt consolidation is the right fit for your financial situation and long-term goals. It's essential to weigh the pros and cons before deciding if debt settlement is the right financial solution for you.
If you're interested in comparing all debt relief options, including bankruptcy, check out this calculator that will show you all potential options and cost estimates:
At Ascend, we recommend exploring your options as soon as possible, as taking early action gives you more flexibility and peace of mind. Whether you're considering debt settlement, bankruptcy, or consolidation, understanding your choices is essential for making an informed decision and moving toward financial freedom. You deserve to work with a company that prioritizes your best interests. Debt can feel overwhelming, but you don’t have to navigate it alone.
Feel free to call us today at 833.272.3631 if you're ready to get out of debt sooner than later, and have any questions!
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