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CreditAssociates vs New Era Debt Solutions

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Pros
  • No upfront fees and free consultation
  • Performance-based fees
  • Money-back guarantee
  • Certified by AFCC, AFCC, and IAPDA
  • 24/7 online access
Pros
  • No upfront settlement fees
  • Free consultation
  • IAPDA-accredited & BBB-accredited with A+ rating
  • Transparent fee structure
  • Settles debt in as little as 28 months
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
Cons
  • No guarantee of settlement
  • Not available in all states
  • Solutions limited to debt settlement
  • Limited support hours
  • No mobile app
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!

Summary

For the last 25 years, New Era Debt Solutions has helped many people, especially families, lighten their financial burdens by settling their debt in an average of just over two years. They follow a personalized approach, pairing you with dedicated debt relief specialists who negotiate with your creditors to significantly reduce your obligations. The company has scored an A+ rating from the Better Business Bureau (BBB) and is accredited by the International Association of Professional Debt Arbitrators (IAPDA). They have a reputation for boasting trust and transparency with clients, for whom they settled over $275 million in debt across 47 states.

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
Quick Stats
  • Credit Score Impact : Program may lower credit score
  • Average Net Savings : Around 47.77%, before fees
  • BBB Rating : A+
  • Fees : 14% to 23% of debt settled
  • Timeframe : 28 months on average
  • Trustpilot Score : 5 out of 5
  • Customer Experience : Excellent
Selling Points
  • Apple and Android mobile app
  • Lower-than-average debt settlement time
  • Relatively low minimum debt requirement
  • High promised discount rate
Selling Points
  • Relatively low debt settlement timeframe
  • Offers Rapid Resolution Program (RRP)
  • Has flexible payment options
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
Services Offered
  • Bankruptcy Counseling
  • Undisclosed
    Consolidation Loans
  • Credit Card Debt Relief
  • Undisclosed
    Credit Counseling
  • Undisclosed
    Debt Consolidation
  • Undisclosed
    Debt Counseling
  • Undisclosed
    Debt Management Plans
  • Debt Settlement
  • Undisclosed
    Loan Refinancing
Types of Debt Covered
  • Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Personal Loans
  • Private Student Loans
  • Undisclosed
    Professional Bills
  • Secured Debts
Types of Debt Covered
  • Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Undisclosed
    Personal Loans
  • Private Student Loans
  • Undisclosed
    Professional Bills
  • Secured Debts
Payment Options
  • Cash
  • Escrow/Savings Bank Account
  • Major Credit Cards
Payment Options
  • Undisclosed
    Cash
  • Escrow/Savings Bank Account
  • Undisclosed
    Major Credit Cards
Customer Support
  • Email
  • In Office
  • Undisclosed
    Live Chat
  • Undisclosed
    Mobile Application
  • Phone
  • Ticket
Customer Support
  • Email
  • In Office
  • Live Chat
  • Undisclosed
    Mobile Application
  • Phone
  • Undisclosed
    Ticket

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