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ClearOne Advantage vs CreditAssociates

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Pros
  • No upfront fees
  • Free consultation with a personal debt specialist
  • The application process will not impact credit scores
  • Mobile app
Pros
  • No upfront fees and free consultation
  • Performance-based fees
  • Money-back guarantee
  • Certified by AFCC, AFCC, and IAPDA
  • 24/7 online access
Cons
  • You have to have a minimum of $10,000 in credit card debt
  • Only works with customers who have unsecured debt
  • Only available in select states
  • They send your info to other similar services
Cons
  • Services not available in all states
  • Lack of clarity about requirements
  • Must prove financial hardship to qualify for the program
  • Limited debt relief options
Summary

ClearOne Advantage is a debt relief services company, founded in 2008, that aims to help individuals become debt-free. They offer personalized settlement programs and expert guidance throughout the settlement process. They negotiate with creditors to reduce the amount you owe and provide ongoing support and guidance to help you pay off your unsecured debts within 24 to 60 months. ClearOne Advantage does not guarantee credit score improvement, and it's important to note that debt settlement programs may harm your credit score. Over time, they have won some accolades, including being on the Inc. 5,000 list and named Selling Power's "Best Company to Sell For." They are a member of the CDRI and follow their code of ethics. They will work with you to create a personalized plan that fits your budget and don't charge upfront fees, and you can track your progress with them through their online portal. They have generally good reviews but are not available in all states.

Summary

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!

Quick Stats
  • Credit Score Impact : May impact your credit score
  • Average Net Savings : Up to 50% before fees
  • Fees : Undisclosed
  • Timeframe : 24 to 60 months for qualified debt
  • Money-Back Guarantee : True
  • Trustpilot Score : 4.9 out of 5
  • Customer Experience : Good
Quick Stats
  • 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
Selling Points
  • Free, no-obligation consultation
  • Get a plan tailored to your specific financial needs
  • Get a free debt analysis to help you understand your options
Selling Points
  • Apple and Android mobile app
  • Lower-than-average debt settlement time
  • Relatively low minimum debt requirement
  • High promised discount rate
Services Offered
  • Bankruptcy Counseling
  • Consolidation Loans
  • Credit Card Debt Relief
  • Credit Counseling
  • Debt Consolidation
  • Debt Counseling
  • Debt Management Plans
  • Debt Settlement
  • Loan Refinancing
Services Offered
  • Bankruptcy Counseling
  • Consolidation Loans
  • Credit Card Debt Relief
  • Credit Counseling
  • Undisclosed
    Debt Consolidation
  • Debt Counseling
  • Undisclosed
    Debt Management Plans
  • Debt Settlement
  • Loan Refinancing
Types of Debt Covered
  • Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Personal Loans
  • Private Student Loans
  • Professional Bills
  • Secured Debts
Types of Debt Covered
  • Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Personal Loans
  • Private Student Loans
  • Undisclosed
    Professional Bills
  • Secured Debts
Payment Options
  • Cash
  • Escrow/Savings Bank Account
  • Undisclosed
    Major Credit Cards
Payment Options
  • Cash
  • Escrow/Savings Bank Account
  • Major Credit Cards
Customer Support
  • Email
  • In Office
  • Live Chat
  • Mobile Application
  • Phone
  • Ticket
Customer Support
  • Email
  • In Office
  • Undisclosed
    Live Chat
  • Undisclosed
    Mobile Application
  • Phone
  • Ticket

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