Debt Relief
Top Companies in 2024
ClearOne Advantage vs Freedom Debt Relief
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- No upfront fees
- Free consultation with a personal debt specialist
- The application process will not impact credit scores
- Mobile app
- Accredited by AFCC and IAPDA
- Program Guarantee
- Transparent fee structures
- Addresses different types of debt comprehensively
- Provides a free consultation
- Zero upfront fees
- Online Client Dashboard
- 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
- Lengthy process
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.
Freedom Debt Relief, established in 2002, is a prominent debt settlement company headquartered in the United States. Focusing on helping individuals manage unsecured debts, such as credit card balances and medical bills, the company has served over 1 million clients and resolved over $18 billion in debt. Their services involve negotiating with creditors to settle debts for less than the amount owed, offering a structured debt relief program without upfront fees, and providing a simple process where clients deposit funds into a dedicated account for settlements. Freedom Debt Relief stands out for their commitment to guiding clients through every step of the debt relief process and promptly notifying them of settlement offers. The company's expertise in debt negotiation and their track record of assisting clients in achieving financial freedom make them a trusted leader in the industry. Freedom Debt Relief is well-known for their dedication to helping people overcome financial challenges. They have received accreditation from reputable organizations like the Better Business Bureau and the International Association of Professional Debt Arbitrators.
- 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
- Credit Score Impact : False
- Average Net Savings : 20% to 35% after fees
- BBB Rating : A+
- Fees : 15%-25%
- Timeframe : 24-48 months
- Trustpilot Score : 4.6 out of 5
- Customer Experience : Good
- Free, no-obligation consultation
- Get a plan tailored to your specific financial needs
- Get a free debt analysis to help you understand your options
- Pay off debt in as soon as 24 months
- Keep track of your work in real-time
- Deals with various types of debts
- 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
- Debt Counseling
- Debt Management Plans
- Debt Settlement
- Loan Refinancing
- Collection Accounts
- Credit Card Debt
- Medical Bills
- Personal Loans
- Private Student Loans
- Professional Bills
- Secured Debts
- Collection Accounts—Undisclosed
- Credit Card Debt
- Medical Bills
- Personal Loans
- Private Student Loans
- Professional Bills—Undisclosed
- Secured Debts
- Cash
- Escrow/Savings Bank Account
- Major Credit Cards—Undisclosed
- Cash
- Escrow/Savings Bank Account—Undisclosed
- Major Credit Cards—Undisclosed
- In Office
- Live Chat
- Mobile Application
- Phone
- Ticket
- In Office
- Live Chat
- Mobile Application
- Phone
- Ticket
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