Debt Relief
Top Companies in 2024
American Debt Relief vs CreditAssociates
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- No upfront fees
- Free debt consultation
- A+ BBB rating
- User-friendly user dashboard
- No upfront fees and free consultation
- Performance-based fees
- Money-back guarantee
- Certified by AFCC, AFCC, and IAPDA
- 24/7 online access
- Fees are not disclosed
- Minimum debt amount not disclosed
- Do not mention states covered
- No mobile app
- Services not available in all states
- Lack of clarity about requirements
- Must prove financial hardship to qualify for the program
- Limited debt relief options
American Debt Relief was founded in 2012 in Plano, Texas. Their specialty is debt settlement solutions for anyone facing unsecured debt challenges, primarily with credit card debt. They are accredited by the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA), and boast an A+ rating from the Better Business Bureau (BBB). They have successfully settled over $1 billion in debt to date on behalf of thousands of Americans across 44 states and Washington, D.C. They follow a performance-based fee structure, charging fees only after successfully negotiating settlements with creditors. Their customer feedback is mixed with many admiring their personalized service and expertise, while some had concerns over communication delays and transparency. If you want to form your own opinion on them, read this review to learn more about them!
Since its foundation in 2007 in Dallas, Texas, CreditAssociates has been serving debt-ridden Americans across 44 states to settle their balances by half. Their specialty is personalizing debt-relief solutions, starting with a free consultation followed by creditors' negotiations and debt settlement, all while charging no upfront fees and utilizing a performance-based fee structure. Their efficient debt settlement process typically spans 24 to 36 months, faster than industry norms, underscored by accreditation from the American Fair Credit Council (AFCC), certification from the International Association of Professional Debt Arbitrators (IAPDA), and an A+ rating from the Better Business Bureau (BBB). Explore this CreditAssociates’ review and discover whether they can help you navigate your financial hardship!
- Credit Score Impact : Program may lower score temporarily
- Average Net Savings : 30% after fees
- BBB Rating : A+
- Fees : Undisclosed
- Timeframe : 24 - 48 months
- Trustpilot Score : 4.9 out of 5
- Customer Experience : Good
- Credit Score Impact : Program may lower score temporarily
- Average Net Savings : Up to 50%
- BBB Rating : A+
- Fees : 22-25% of total enrolled debt
- Timeframe : 24 to 36 months
- Money-Back Guarantee : "True"
- Trustpilot Score : 4.9 out of 5
- Customer Experience : Good
- Settled large amounts of debt
- Easy-to-use client dashboard
- You can track your progress in real-time
- Apple and Android mobile app
- Lower-than-average debt settlement time
- Relatively low minimum debt requirement
- High promised discount rate
- Bankruptcy Counseling
- Consolidation Loans
- Credit Card Debt Relief
- Credit Counseling
- Debt Consolidation
- Debt Counseling
- Debt Management Plans
- Debt Settlement
- Loan Refinancing
- Bankruptcy Counseling
- Consolidation Loans
- Credit Card Debt Relief
- Credit Counseling
- Debt Consolidation—Undisclosed
- Debt Counseling
- Debt Management Plans—Undisclosed
- Debt Settlement
- Loan Refinancing
- Collection Accounts—Undisclosed
- Credit Card Debt
- Medical Bills—Undisclosed
- Personal Loans—Undisclosed
- Private Student Loans—Undisclosed
- Professional Bills—Undisclosed
- Secured Debts
- Collection Accounts
- Credit Card Debt
- Medical Bills
- Personal Loans
- Private Student Loans
- Professional Bills—Undisclosed
- Secured Debts
- Cash
- Escrow/Savings Bank Account
- Major Credit Cards
- Cash
- Escrow/Savings Bank Account
- Major Credit Cards
- In Office
- Live Chat
- Mobile Application
- Phone
- Ticket—Undisclosed
- In Office
- Live Chat—Undisclosed
- Mobile Application—Undisclosed
- Phone
- Ticket
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