Peter Jacoves – Founder and CEO of Nationwide Debt Direct

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Peter Jacoves is an innovative and experienced strategic entrepreneur with a lengthy track record of success across a multitude of sectors, with his most recent success coming in the settlement default sector with Nationwide Debt Direct. Peter is the founder and CEO of Nationwide Debt Direct, a debt settlement company that relies on a truly unique front-to-back-end solution designed to assist consumers as they seek to reduce or eliminate their outstanding debts.

Inspired by the opportunity to help consumers overwhelmed by their outstanding debt, Peter founded Nationwide Debt Direct with the specific goal of working with consumers to satisfy and eliminate all of their unsecured financial obligations. Due to Peter’s expert leadership in his position as CEO of the debt settlement company, Nationwide Debt Direct has performed exceptionally well across all of the most important metrics while thriving in a settlement default sector that has only become increasingly competitive while undergoing rapid expansion.

A noted expert in the tenets of direct marketing, Peter has applied the knowledge gained over a lengthy career as a strategic entrepreneur to ensure Nationwide Debt Direct is ideally positioned to help debt-distressed consumers by providing debt reduction options in conjunction with financial education programs.


Do you know what steez is? If so, how do you express your steez?

It’s been a long time since I’ve used the expression, but yes, I do know what it is. My style would be best described as roll up your sleeves and get to work. I am willing to do any task that I have asked someone else to do and willing to get my hands dirty to get it done.


When you were younger what was your dream occupation?

I think I wanted to own a business from an early age, I just didn’t know what that business would be.


Who/What inspired you to get into your current field?

I kept seeing research on the amount of debt held by the average American, and the numbers were just so staggering that I almost couldn’t believe it. That information was enough to inspire me to action, which ultimately led to the founding of Nationwide Debt Direct.


What is one current trend that excites you?

The innovative use of crowd funding to raise business capital. Crowd funding is not only a way to raise money but also to validate a product or idea before investing substantial amounts of time and money.


What would you consider your biggest accomplishment?

I have a lot to be proud of, including creating the Fuel Rewards Program, but my biggest accomplishment has to be the important work I’m currently doing with Nationwide Debt Direct.


What do you think of social media? Has it made an impact on your professional career?

From both a personal and professional perspective, social media is simply astounding and has had a wholly positive impact on my career as well as the efficacy of my company’s communication efforts.


If you were ever to start again, would you do anything differently?

I would try to rely more on factual research than my gut instinct.


What do you see for the future?

Based on our current projections, we believe our company will continue to empower more and more Americans through effective debt-reduction strategies and financial education.


What’s one piece of advice you can tell our readers?

The greatest barrier to success is the fear of failure. I do not want young people to be afraid of failure, but be afraid not to try.

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