Top Debt Relief Companies
1. Freedom Debt Relief
- Overall Score: 9.9
- User Reviews: 19,910 User Reviews
- Features:
- Minimum of $7,500 in Unsecured Debt to Begin
- Online Dashboard Tracks Progress
- No Upfront Costs
2. Americor
- Overall Score: 9.6
- User Reviews: 7,980 User Reviews
- Features:
- Debt Settlement
- AFCC and IAPDA Certified
- Available in 34 States
3. National Debt Relief
- Overall Score: 9.3
- User Reviews: 4,213 User Reviews
- Features:
- $7,500 Minimum Debt Requirement
- Fees: 18%–25% of Total Debt
- AFCC and IAPDA Accredited
4. Accredited Debt Relief
- Overall Score: 9.3
- User Reviews: 2,382 User Reviews
- Features:
- Free Consultations
- Be Debt Free in 24–48 Months
- Over $3 Billion in Debt Settled
5. Liberty Debt Relief
- Overall Score: 9.1
- User Reviews: 451 User Reviews
- Features:
- 24/7 Support
- Debt Consolidation and Debt Settlement Available
- No Pricing Information
6. Alleviate Financial Solutions
- Overall Score: 8.6
- User Reviews: 2,616 User Reviews
- Features:
- Resolve Debts in 24–48 Months
- Free Consultation
- Wide Variety of Services
7. Beyond Finance
- Overall Score: 8.6
- User Reviews: 1,267 User Reviews
- Features:
- Simple Process
- Accredited with the AADR
- Undisclosed Costs
8. Consolidated Credit
- Overall Score: 8.6
- User Reviews: 1,662 User Reviews
- Features:
- $49 Monthly Fee
- 0%–11% Average Interest Rates
- Certified Staff
9. Simple Debt Solutions
- Overall Score: 8.2
- User Reviews: 161 User Reviews
- Features:
- Available in 37 States
- Simple Application Process
- Quote-Based Pricing
10. Century Law Firm
- Overall Score: 8.1
- User Reviews: 289 User Reviews
- Features:
- Free Consultation
- Lawyers on Staff
- Online Dashboard Tracks Progress
Important Things You Need to Know Before Choosing a Debt Relief Company
Debt relief options include debt settlement, consolidation, and management. Examine your budget and consider your financial situation before making a choice. Different options may suit different debt situations, so consider what type of debt you owe and your financial capacity.
What is Debt Management?
Debt management programs help you create a budget and payment plan. Companies negotiate for lower interest rates, making this a good option for managing debt efficiently.
What are the Pros and Cons of Debt Management?
Pros:
- No negative impact on credit score
- One monthly payment
- Financial advice
Cons:
- Full debt payments required
What is Debt Consolidation?
Debt consolidation combines payments into one monthly payment, generally at a lower interest rate.
What are the Pros and Cons of Debt Consolidation?
Pros:
- Lower interest rate
- Doesn't hurt your credit score
- One payment each month
Cons:
- Longer repayment time
What is Debt Settlement?
Debt settlement involves negotiating lower debts with creditors, often through dedicated companies.
What are the Pros and Cons of Debt Settlement?
Pros:
- Pay much less than total debt
- Faster resolution
Cons:
- Negatively impacts credit score
- Not all creditors will settle
Why Should I Schedule a Free Consultation?
Consultations help you assess client-representative relationships, expected prices, and available debt relief options. Understanding these details can guide your choice of a debt relief company.