When managed properly, debt need not be a bad thing. It has advantages and may open doors to more affordable living. The benefits exceed the drawbacks when handled properly. However, debt can sometimes spiral out of control, and you may want the assistance of a debt relief agency to get back on your feet.
With the correct company, you could be able to pay off your debt more quickly. Here are the top debt relief companies, according to US News, to help you choose the best one for you.
Freedom Debt Relief
Freedom Debt Relief, established in 2002, employs more than 2000 debt relief specialists. Clients can discuss their debt problems and what they would like to fix during a free consultation with their skilled team. Following that, the business develops a tailored strategy to assist you in setting aside a specific sum to pay off your debt in the future.
As soon as you sign up for Freedom Debt Relief’s programme, you may monitor your advancement using the client dashboard. You can view savings, outstanding debts, and the company’s progress in negotiating repayments by looking at your dashboard.
Clients are not charged by Freedom Debt Relief until their debts have been eliminated. Users will make a payment based on the amount of debts they have paid off once the programme is through. The company has one of the best reviews for debt relief services.
Advantages & Disadvantages
- No up-front fees and consultation is free
- The client dashboard makes it easy to keep track of changes and progress.
- A lack of transparency in results reports
National Debt Relief
National Debt Relief was established in 2009 with the goal of assisting customers in getting their debts settled through a successful debt settlement programme. Examples of the company’s accomplishments are provided on the website. The business is transparent about its methods and outcomes.
Customers who use National Debt Relief first arrange a no-obligation consultation with a company expert. After the conversation is over, clients can use the business to settle their obligations.
In the following aspects, it functions similarly other programmes of a like nature:
Each month, clients lay aside money in anticipation of a lower-than-expected debt settlement.
Prospective clients’ efforts are coordinated by a National Debt Relief representative; there is no upfront fee.
Most programmes last between two and four years.
Advantages & Disadvantages
- The company has over a decade of experience
- It has proof of work and success
- No results, no payment
- It does not handle some debts like mortgages
Check out one of the best debt relief company reviews.
Accredited Debt Relief
Accredited Debt reduction is a family-friendly debt reduction programme that was established in 2011. Accredited Debt Relief touts a range of results on its website, with prior clients receiving roughly half of what they were due.
Through Accredited Debt Relief’s Money Back Guarantee, clients may also discontinue their programme at any time without incurring any fees. The company negotiates a debt settlement with creditors on behalf of consumers. It also boasts among the best reviews of debt relief companies.
Benefits and Drawbacks
Free advice is requested.
Up to 50% off your monthly payments
The cost is not disclosed.
Client testimonials for accredited debt relief
Ready To Address Your Debt Problems?
When US News lists the top debt relief companies, these three companies have to be on the list. Pick the financial organisation that appeals to you the most to ensure success.
“You might get where you’re going if you don’t change your course.” Tzu Lao