Balance Street

Balance Street is a direct marketplace between the consumer and creditor that provides free debt settlement services. It provides its consumers an opportunity to let go of their debt problems and disinter-mediate debt settlement companies who charge excessive fees to consumer to perform basic automatable tasks. The aforementioned procedure of Balance Street frees up about 20% of the market inefficiencies created by the middlemen, which provides better financial outcomes for both consumers and creditors. The company was started in 2011 by [Pawel Sasik](https://www.crunchbase.com/person/pawel-sasik), [Suzanne Coleman](https://www.crunchbase.com/person/suzanne-coleman-2), and [Johnny Simon](https://www.crunchbase.com/person/johnny-simon). It is headquartered in Culver City, C.A.

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