Debt in the form of mortgages or credit cards can offer several valuable benefits. But uncontrolled debt can soon lead to massive financial strain. Debt relief is a financial tool that allows you to get out of considerable debt for a fraction of the total amount you owe. Here’s our review of the top debt relief companies
National Debt Relief
With over a decade of experience in offering debt solutions, National Debt Relief has consistently delivered results. The company prides itself on its transparent debt relief process and helps customers settle debt for less than the owed amounts. The debt relief programs offered vary in term from 24 to 48 months. While the company doesn’t charge upfront fees, you would owe National Debt Relief 18%-25% of the total debt at the end of the term.
This program’s downside is that you need a minimum of $7500 in debt, and some kinds of debt are not covered.
If you’re struggling under substantial credit card debt, then DMB Financial is a great choice. The company’s debt consolidation programs span 36 to 48 months and help you settle high-interest debt for a considerably lower amount. Potential customers can benefit from free consultation for debt minimizing and the absence of eligibility requirements. Though DMB Financial can help you save money over time, some customers are unhappy about the absence of pricing information on the company’s website.
Accredited Debt Relief
Accredited Debt Relief has an impressive record while catering to individuals and families in need of debt relief. By negotiating with creditors for you, Accredited Debt Relief can help you eliminate your debt for as low as 30% of what you currently owe. Benefits of choosing this company include a free consultation with their certified debt specialists, access to help in stopping credit card use, and a money-back guarantee if you opt-out of the program.
While the programs offered suit those with debt over $10,000, the vague pricing on the company’s website could leave you confused.
It is important to take time and carefully select a debt relief provider based on your needs. A good debt relief company can help save you from bankruptcy and help you manage your finances better.