Debt Relief
Top Companies in 2024
Debt Rx vs New Era Debt Solutions
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- BBB accreditation with an A+ rating
- No upfront charges
- Tailored customer assistance
- No upfront settlement fees
- Free consultation
- IAPDA-accredited & BBB-accredited with A+ rating
- Transparent fee structure
- Settles debt in as little as 28 months
- High minimum debt required
- Not available in all 50 states
- Absence of clear information
- Potential negative impact on credit score
- No guarantee of settlement
- Not available in all states
- Solutions limited to debt settlement
- Limited support hours
- No mobile app
Debt Rx, founded in 1999 and headquartered in Frederick, Maryland, offers personalized debt relief solutions for individuals facing overwhelming financial burdens. With a particular focus on engaging in negotiations with creditors to mitigate unsecured debt, their services extend to credit card debt, medical expenses, personal loans, and various other financial obligations. Debt Rx has established commendable standing and professionalism with an A+ rating from the BBB and IAPDA accreditation. Their experience of more than two decades further supports this. Their customers value their individualized strategy, straightforward communication, and commitment to assisting them in re-establishing their financial stability. The commitment of Debt Rx to providing effective debt settlement and negotiation services without requesting upfront payment enables people to receive relief without creating any initial financial obligations. Debt Rx provides individuals dealing with escalating debt or aspiring to attain financial autonomy with a dependable companion along the trajectory toward financial freedom.
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.
- Credit Score Impact : May impact your credit score
- Average Net Savings : Up to 50% before fees
- BBB Rating : A+
- Fees : Undisclosed
- Timeframe : 24-48 months
- Trustpilot Score : 4.8 out of 5
- Customer Experience : Good
- 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
- No examination of credit history required
- Legal expense plan
- Provides a free consultation
- Relatively low debt settlement timeframe
- Offers Rapid Resolution Program (RRP)
- Has flexible payment options
- Bankruptcy Counseling
- Consolidation Loans—Undisclosed
- Credit Card Debt Relief
- Credit Counseling—Undisclosed
- Debt Consolidation—Undisclosed
- Debt Counseling
- Debt Management Plans
- Debt Settlement
- Loan Refinancing—Undisclosed
- Bankruptcy Counseling
- Consolidation Loans—Undisclosed
- Credit Card Debt Relief
- Credit Counseling—Undisclosed
- Debt Consolidation—Undisclosed
- Debt Counseling—Undisclosed
- Debt Management Plans—Undisclosed
- Debt Settlement
- Loan Refinancing—Undisclosed
- Collection Accounts—Undisclosed
- Credit Card Debt
- Medical Bills
- Personal Loans
- Private Student Loans
- Professional Bills
- Secured Debts
- Collection Accounts
- Credit Card Debt
- Medical Bills
- Personal Loans—Undisclosed
- Private Student Loans
- Professional Bills—Undisclosed
- Secured Debts
- Cash—Undisclosed
- Escrow/Savings Bank Account
- Major Credit Cards—Undisclosed
- Cash—Undisclosed
- Escrow/Savings Bank Account
- Major Credit Cards—Undisclosed
- In Office—Undisclosed
- Live Chat
- Mobile Application
- Phone
- Ticket
- In Office
- Live Chat
- Mobile Application—Undisclosed
- Phone
- Ticket—Undisclosed
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