Debt Relief
Top Companies in 2024
CreditAssociates vs Progressive
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- No upfront fees and free consultation
- Performance-based fees
- Money-back guarantee
- Certified by AFCC, AFCC, and IAPDA
- 24/7 online access
- Addresses different types of debt comprehensively
- Live chat
- Personalized customer service
- Offers financial education and budgeting resources
- Services not available in all states
- Lack of clarity about requirements
- Must prove financial hardship to qualify for the program
- Limited debt relief options
- Lack of transparency
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!
Since their founding, Progressive Debt Relief has been a debt settlement company helping consumers nationwide resolve high-interest, unsecured debts. Headquartered in Maitland, Florida, the company specializes in negotiating with creditors on behalf of clients to settle debts for less than the total amount owed. Progressive Debt Relief's services cover a range of unsecured debts, including credit cards, medical bills, payday loans, and more. The company's approach involves creating a customized debt relief plan for each client and leveraging their industry expertise and relationships to achieve favorable settlements. Notably, Progressive Debt Relief charges no upfront fees and only collects a service fee once a debt has been successfully negotiated and the client has made their first payment. PDR customer reviews are generally positive, with clients praising the company's efficient and helpful staff and the tangible financial relief they've experienced. While the Better Business Bureau (BBB) has received complaints about the company's practices, PDR maintains an A+ rating, indicating a solid commitment to customer satisfaction. Overall, the company's focus on personalized debt solutions and transparent pricing structure make them an intriguing option for those seeking to regain control of their finances.
- 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
- Average Net Savings : Undisclosed
- BBB Rating : A+
- Fees : Undisclosed
- Timeframe : Unavailable
- Trustpilot Score : N/R
- Customer Experience : Good
- Apple and Android mobile app
- Lower-than-average debt settlement time
- Relatively low minimum debt requirement
- High promised discount rate
- Provides a free consultation
- No upfront fees
- Online Client Dashboard
- Bankruptcy Counseling
- Consolidation Loans
- Credit Card Debt Relief
- Credit Counseling
- Debt Consolidation—Undisclosed
- Debt Counseling
- Debt Management Plans—Undisclosed
- 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—Undisclosed
- Collection Accounts
- Credit Card Debt
- Medical Bills
- Personal Loans
- Private Student Loans
- Professional Bills—Undisclosed
- Secured Debts
- Collection Accounts
- Credit Card Debt
- Medical Bills
- Personal Loans
- Private Student Loans
- Professional Bills
- Secured Debts
- Cash
- Escrow/Savings Bank Account
- Major Credit Cards
- Cash
- Escrow/Savings Bank Account—Undisclosed
- Major Credit Cards—Undisclosed
- In Office
- Live Chat—Undisclosed
- Mobile Application—Undisclosed
- Phone
- Ticket
- In Office
- Live Chat
- Mobile Application
- Phone
- Ticket
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