Consolidating credit card debt information online
The best debt settlement companies will recommend the ideal option for you.
Several of the programs we reviewed partner with credit counselors, and some offer debt consolidation loans.
Consolidating multiple credit accounts into one new loan with a single payment may help you lower your overall monthly expenses, increase your cash flow, and eliminate the stress of multiple monthly payments.
When you're choosing the term of a loan, consider the total amount of interest and fees you’ll pay.
National Debt Relief provides all the forms necessary to notify your creditors you’ve entered a hardship program and gives you access to a client dashboard where you can get updates on how your settlement is proceeding.
If you value customer service most, Freedom Debt Relief is a good choice as its customer service is highly regarded in the industry.
Based on our research and experience speaking with its representatives, this settlement company can reduce debt by up to 49 percent and has fees within the normal range of 15 to 20 percent.
The representatives we spoke to were quick to reply and thoroughly explained the entire program to our secret shoppers.
Some states put caps on that percentage, but in general we saw a range of 15 to 20 percent.For our most recent update we spent 80 hours researching the industry and reviewing individual companies.We spent another 20 hours interviewing these debt relief companies and conducting secret-shopper-style customer calls.student loan is subject to completion of a loan application/consumer credit agreement, verification of application information, credit qualification, and a benefit to borrower determination.We’ve been reviewing debt settlement for seven years.