What Pacific Associates does

Pacific Associates Corporation is a privately held, Irvine, California-based debt settlement and consolidation company that has operated for 25 years (founded circa 1998) helping individual consumers eliminate high-interest unsecured credit card debt. The company's core product is a Debt Relief Program that negotiates with all major credit card issuers to reduce enrolled debt, targeting resolution within 24-48 months with monthly payments below the client's current minimums. Clients who complete the program achieve an average savings of 50% before fees; Pacific Associates charges 20-30% of enrolled debt on an outcome-based, pay-as-you-go basis, and the company is licensed through the NMLS (#1819217).

The business is delivered through a direct response go-to-market model: phone-based inside sales, direct mail campaigns, and an online quote request form, supported by a $100 off first-payment incentive and free consultation. Pacific Associates maintains an A+ BBB rating that has been in place for over 20 years, a 4.99/5 average review score across BBB and TrustLink, and zero recorded BBB customer complaints — unusual reputational standing in the debt settlement category. Service is unavailable in 9 states (Hawaii, Kansas, Oregon, New Jersey, New Mexico, New York, North Carolina, Washington, Wyoming) due to state-specific licensing or regulatory constraints. The company operates from a single Irvine headquarters with 11-50 employees and no disclosed subsidiaries, funding rounds, acquisitions, or parent company.

Name

Pacific Associates

Legal name

Pacific Associates Corporation

Website

https://pacificassociates.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Pacific Associates Corporation is a 25-year-old, Irvine, CA-based debt settlement company that negotiates with major credit card issuers to help individual consumers eliminate high-interest unsecured credit card debt within 24-48 months, charging 20-30% of enrolled debt.

Ownership category

akta.pro rank

Product category

Debt Relief Services

NAICS

Credit Intermediation and Related Activities (522)

SIC

Personal Credit Institutions (6141), Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Debt Settlement / Negotiation Programs (Non-loan) (FSAKAIAK)

akta.pro secondary industries

Credit Card Debt Consolidation Loans (FSAKAIAC), Collections & Creditor Negotiation Support (Debtor-Side) (FSAEAFAI)

Keywords

• Debt consolidation services
• Debt settlement program
• Credit card debt relief
• Unsecured debt management
• Debt resolution consultation

Headquarters

HQ city

Irvine

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Debt Relief Program Fees: Pacific Associates charges fees of 20% to 30% of enrolled debt for their debt settlement and consolidation program. Clients who complete the program achieve an average savings of 50% before fees over a 24-48 month period. This is an outcome-based revenue model where fees are tied to successful debt resolution.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Pacific Associates provides a debt relief and debt settlement program that helps individual consumers eliminate high-interest unsecured credit card debt within 24-48 months. The company negotiates directly with major credit card companies on behalf of enrolled clients to reduce monthly payments and interest burdens, charging outcome-based fees of 20% to 30% of enrolled debt upon program completion.

Product overview

Pacific Associates is a debt relief service company offering a single unified Debt Relief and Debt Settlement Program designed to help individuals eliminate unsecured debt, primarily high-interest credit card debt, within 24-48 months. The core offering includes debt consolidation services where Pacific Associates negotiates with creditors on behalf of clients to reduce payments and interest rates. The company supplements this with a Free Quote and Consultation service for prospective clients. The program assists only with unsecured debt and has saved clients an average of 50% before fees, with fees ranging from 20% to 30% of enrolled debt over the program period.

Differentiator

Problem solved

Functional benefit

Products and services

• Debt Relief Program A debt settlement program for individuals with high-interest unsecured credit card debt, designed to help clients become debt-free within 24-48 months with payments lower than current minimums. Pacific Associates negotiates with all major credit card companies on behalf of enrolled clients.
• Debt Consolidation Services Service assisting individuals to consolidate multiple credit card debts into a single manageable payment plan. Pacific Associates works with all major credit card companies to eliminate high interest rate debts on behalf of clients.
• Free Quote and Consultation A free intake consultation that captures prospect contact details and creditor information via an online form to deliver a personalized debt relief quote within 24 hours, used to qualify and convert leads into enrolled Debt Relief Program clients.

Quantifiable outcome

• Clients who complete the program realize average savings of 50% before fees
• +4 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Major Credit Card CompaniescoreOthersPacific Associates works with all major credit card companies to negotiate debt settlement and consolidation on behalf of their clients. These creditor relationships are fundamental to the debt relief program's ability to achieve favorable outcomes for enrolled clients.

Scale indicators5 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• CuraDebt: Debt settlement and tax debt relief firm serving consumers and small businesses. Comparable in core debt settlement offering and creditor negotiation model, with overlap on small-business and consumer credit card debt segments addressed by Pacific Associates.
• CareOne Debt Relief Services: Provides debt consolidation, debt management plans, and settlement services to consumers across the US. Directly competes with Pacific Associates across the debt relief value chain, particularly for credit card debt, with broader product breadth (DMPs in addition to settlement).
• Freedom Debt Relief: Large national debt settlement company negotiating with creditors to reduce enrolled unsecured debt. Direct competitor with similar service model, fee economics (typically 15–25%), and target customer segment as Pacific Associates, but with broader geographic reach and more sophisticated digital onboarding.
• Accredited Debt Relief: Debt settlement and consolidation firm accredited by the AFCC. Directly competes for the same credit-card-distressed consumer, offering a comparable negotiation-driven program with a similar 24–48 month duration. Comparable in target market and service model to Pacific Associates, though with a stronger national digital brand.
• Beyond Finance: Technology-enabled debt settlement company that negotiates with creditors to reduce consumer debt balances. Direct competitor to Pacific Associates with the same core offering but a more digital-first onboarding experience, illustrating the technology trajectory the incumbent will need to follow.
• National Debt Relief: One of the largest US debt settlement companies, offering settlement programs for unsecured debt with outcome-based fees. Directly comparable in product offering, target customer (high-interest credit card borrowers), and fee structure to Pacific Associates, but operating at significantly greater scale and with national marketing presence.

Emerging players

• GreenPath Financial Wellness: Nonprofit credit counseling and debt management plan provider serving consumers nationwide. Competes for the same financially distressed consumer segment but through counseling/DMP services rather than settlement, making it a partial-overlap alternative that influences Pacific Associates' pricing power.
• Money Management International: Nonprofit credit counseling agency offering debt management plans, housing counseling, and financial education. Targets a similar distressed-consumer segment as Pacific Associates but routes through DMPs and counseling rather than settlement, representing the regulated nonprofit alternative in the same customer consideration set.
• Consolidated Credit Counseling Services: Nonprofit credit counseling organization that helps consumers with debt consolidation and debt management plans. Overlaps with Pacific Associates on the debt consolidation use case for high-interest credit card borrowers but competes on a counseling/DMP basis, providing a credible alternative funnel that caps pricing flexibility.
• TurboDebt: Digital-first debt settlement provider targeting younger, online consumers with streamlined onboarding. Overlaps significantly with Pacific Associates' target segment but competes through a modern self-serve experience rather than phone-based consultative sales, making it a comparable on customer base even if not on delivery model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/picassos

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific Associates