Debt settlement, which seeks to settle a debt for less than what is due, is one method Accredited Debt Relief uses to get customers out of debt. This firm, which has been around since 2011, provides free consultations and refunds if you aren't satisfied. Customers ready to take control of their financial situation may utilize the Company's services to develop a strategy to get them out of debt as quickly as possible.

Accredited Debt Relief: An Overview

Accredited Debt Relief offers a free consultation during which a qualified debt professional will evaluate your financial situation and go through your choices with you. If you decide to move forward, we'll design a strategy that considers your budget, debt load, and other factors unique to your situation. The first step in implementing your customized debt reduction program is funding a special savings account.

Benefits

No up-front costs are associated with joining the program; payments are only due when debts are paid off. An accredited debt expert is available for a free consultation. Thanks to the money-back guarantee, you may stop your debt consolidation plan at any moment without paying the penalty.

Disadvantages

This firm claims that some of its clients spend as much as 25% on debt settlement costs, even though the industry standard is closer to 15%. Instead of providing a client site or mobile app to help you keep track of your debt resolution plan in real-time, as some other firms do, Accredited Debt Relief does not.

Types of Debt

Your unsecured debt is the primary emphasis of Accredited Debt Relief's debt settlement services. Unsecured debt includes credit card debt, medical bills, personal loans, and other unsecured loans. As a result, you cannot get assistance from them in paying off secured obligations like a mortgage or auto loan.

The Problem of Credit Card Debt

As unsecured debt goes, credit card debt is quite prevalent. If you contact Accredited Debt Relief, they may be able to help you settle your outstanding credit card debt and associated fees for a fraction of what you owe.

Quick Cash Advances & Personal Loans

Debt settlement can also be used to resolve unsecured personal debts, such as payday advances, through negotiation and repayment.

Unpaid Medical Bills

Similarly, debt negotiation can settle medical debts for a fraction of what is owed. If you have unpaid medical bills, it doesn't matter if they are to a hospital, a doctor, or anybody else.

Acquiring New Clients

Accredited Debt Relief's first step is a no-cost consultation, during which you may learn more about your options and decide if debt settlement is right for you. Your qualified debt resolution consultant may advise you on how much of your income you should put aside each month and how long the procedure is expected to take.

Assistance To Customers

Accredited Debt Relief is a business that repeatedly helps consumers through the debt settlement procedure. Accredited Debt Relief's debt counsellors can help you understand and comply with the regulations governing debt settlement, such as the Fair Debt Collection Practices Act while safeguarding your rights. You can call Accredited Debt Relief as a client between 5 a.m. and 9 p.m. Pacific Standard Time Monday through Friday and between 5 a.m. and 4 p.m. PST on Saturdays and Sundays.

The Reputation Of The Company

Although several trustworthy organizations offer debt relief services, the sector is notorious for attracting its fair share of scam artists. You may check a company's legitimacy and capability to deliver its promises in various ways.

The Customer Financial Protection Bureau database is one place to look for information on consumer grievances. Based on almost 4,000 evaluations, customers of Accredited Debt Relief are generally satisfied with the services they receive.

Quantity of Aid on Average

Accredited Debt Relief requires its clients to put aside forty to fifty per cent of their bills in a savings account to settle their debts for a reduced sum. It's possible to deduce that you can save up to 45% on your debts.

Cost

If and when a settlement is made, Accredited Debt Relief will charge its customers 15% to 25% of the debts they enrolled to resolve. This proportion of a fee is in line with standard rates in the market. Know that there are no fees to pay until all of your loans are paid off.

Summary

Using the services of Accredited Debt Relief, you may be able to lower your debt by as much as half, and they may combine your several payments into one manageable monthly instalment. Free consultation and analysis are provided, after which the firm formulates an individual strategy to assist you in achieving your financial objectives. Those with unsecured debts of $10,000 or more struggling to keep up with payments may qualify for aid from Accredited Debt Relief.