If you’ve been searching for information on debt settlement companies, you’ve probably run across quite a bit of information on how to choose the best ones. In this article we’re going to focus on three of the top debt relief companies based upon the reviews they’ve earned.
Freedom Debt Relief
Ranked number one on many review sites of debt negotiation companies, Freedom Debt Relief cites its mission as “providing financial solutions, debt settlement services, and education to enable people to become debt free, build wealth, and achieve financial freedom.” As America’s largest debt settlement company, the Freedom Debt program has seen more than 500,000 clients since the company was founded in 2002. Additionally, Freedom Debt Relief has settled more than $8 billion in debt!
The company works with people who have $7,500 in debt and above. Freedom is both highly rated and accredited by the Better Business Bureau. One of the founding members of the American Fair Credit Council, its debt consultants are also certified by the International Association of Professional Debt Arbitrators. In reviews, Freedom Debt Relief has a strong reputation for professional conduct and high levels of customer satisfaction.
Pacific Debt, Incorporated
Also founded in 2002, Pacific Debt carries every major industry accreditation. Positive customer reviews across several platforms suggest it takes good care of the consumer. Like the other two companies on this list, Pacific Debt Relief works as quickly as possible, settling most clients’ debts within 24 to 48 months.
To get started, you’ll need at least $10,000 in debt and it must be unsecured. One of the benefits of working with Pacific Debt Relief is a single agent is dedicated to your account. Having served thousands of clients over the years, Pacific settles millions of dollars each month. They work with both bank creditors and retail credit cards, so you can get help regardless of the nature of the unsecured debt you have. Based upon its reviews, Pacific’s industry accreditations and reputation make it a standout.
Accredited Debt Relief
Rather than being a direct provider of services, Accredited Debt Relief partners with multiple agencies to broaden the range of capabilities it can provide. Accredited Debt Relief’s partners have a combined experience of more than 20 years with thousands of success stories to relate. Recognized by the Better Business Bureau, Accredited has an A+ rating with the organization. Further, the firm’s customer reviews from the BBB are 95% positive, which is an indication of both its effectiveness and trustworthiness.
Like Freedom Debt Relief and Pacific Debt, Accredited offers a no-risk guarantee. You don’t pay any fees until you actually get results through the debt settlement program. It should be noted that while this has been mandated by law, a number of less scrupulous organizations exploit loopholes in that law to charge consumers fees before providing services.
The Hallmarks of a Credible Agency
Whatever company you choose should be evaluated based upon the following attributes—in addition to the qualities each of the above businesses exhibit.
- Accreditation: The BBB and the American Fair Credit Council are the best.
- Longevity: Along with consistently fair business practices and satisfied customers.
- Reasonable Fees: if you’ll pay as much—or more than you’ll save, what’s the point?
- Flexibility: The best companies take on a wide variety of unsecured debt.
- Frankness: Some debts simply can’t be settled. The best companies admit to this.
- Free Consultations: Your situation and budget should always be evaluated first.
Finding yourself in need of one of these companies can be a trying experience. The good news is if you choose carefully and stick with the program, you’ll make it to the end of the tunnel. This listing of the top debt relief companies will help you find your guiding light.
