National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation

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National debt relief reviews: national debt relief program reviews? National Debt Relief is a leading debt negotiation company. So what does that mean? We negotiate with your creditors to get a reduction of your outstanding credit card balances. National debt relief reviews. We get your creditors to agree to a lump sum payoff amount and they will forgive the rest of your balance. What is a debt settlementDebt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full. In the U.K. you can appoint an Arbiter or legal entity to negotiate with the creditors. National debt relief reviews: national debt relief program reviewsNational debt relief program. Credit card debt relief: If you’re struggling with too much credit card debt, learn about your options for debt relief. Debt relief can help you regain financial control.  Here’s an example: If you make the minimum payment on a $10,000 balance with an 18 percent interest rate, it’ll take 46 years to pay off your balance and cost you an extra $28,000 in interest payments. With an interest rate of 21 percent, the same balance will take 87 years to pay off and accrue more than $64,000 in additional interest charges. National debt relief reviews: national debt relief program reviews?

National debt relief reviews: national debt relief program reviews?

  • Reducing a Bank of America credit card debt from more than $15,000 to about $3,000
  • Slashing a Citi credit card debt from $22,500 to less than $8,000
  • Lowering a Discover credit card balance from nearly $11,000 to just $2,000

    National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation, national debt relief program reviews, debt settlement, credit card consolidation, government debt help, debt settlement national debt relief, national credit card relief, freedom debt relief reviews
    National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation, national debt relief program reviews, debt settlement, credit card consolidation, government debt help, debt settlement national debt relief, national credit card relief, freedom debt relief reviews

What Does National debt relief  Program Cover? National debt relief reviews

Our debt settlement program covers the vast majority of unsecured debts and some secured debts as well. Many of our clients carry significant credit card balances, and we’re particularly adept at negotiating with major credit card issuers and banks.

Able to settle: National debt relief reviews

  • Credit Cards
  • Personal Loans and Lines of Credit
  • Medical Bills
  • Collections and Repossessions
  • Business Debts
  • Certain Student Debts

Not able to settle: National debt relief reviews

  • Lawsuits
  • IRS Debt and Back Taxes
  • Utility Bills
  • Auto Loans, Government Loans
  • Mortgage or Home Loans
  • Other Secured Debts
  • National debt relief reviews: national debt relief program reviews?

National Debt Relief Reviews Overview

New York, NY, United States
501 to 1000 employees
2009
Company – Private

National Debt Relief Reviews, Products and services

  1. Debt Settlement programs,
  2. Debt Consolidation programs,
  3. Debt Negotiation services,
  4. Bankruptcy Alternative,
  5. Credit Card Debt Consolidation,
  6. Debt Consolidation Loan Alternatives for Bad Credit

Debt settlement companies often claim they can negotiate with your creditors to reduce the amount you owe. However, before working with a debt settlement company, you should remember: National debt relief reviews

  • Debt settlement companies often charge expensive fees.
  • Debt settlement companies typically encourage you to stop paying your credit card bills. If you stop paying your bills, you will incur late fees, penalty interest and other charges, and creditors will likely step up their collection efforts against you.
  • Unless the debt settlement company settles all or most of your debts, the built up penalties and fees on the unsettled debts may wipe out any savings the debt settlement company achieves on the debts it settles.
  • Using debt settlement services can have a negative impact on your credit score and your ability to get credit in the future.

Is the National Debt Relief a good debt settlement Company? National debt relief reviews

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation

There are several companies using similar names to National Debt Relief. It’s not a trademarked name. The one referred to in your question has an A rating with the BBB. I don’t see any unresolved complaints on their BBB page. That does not sound like a scam company to me. To answer the question in a word, no. This company is one of a handful of U.S. debt-relief providers that has spearheaded innovative strategies to achieve freedom from the crippling impact of credit card debt. More to the point this company not only embraces an ethical model of debt-relief, it is helping to establish accredited standards for the rest of the industry. As far as debt-settlement goes I would rank this service well above most other debt-management type programs that essentially work in unison with credit card companies to recover the maximum debt. Credit counseling is debt-collection under the guide of debt-relief and play on consumer’s anxieties and mistrust.
National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation, national debt relief program reviews, debt settlement, credit card consolidation, government debt help, debt settlement national debt relief, national credit card relief, freedom debt relief reviews
National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation
National debt Relief company offers debt relief services to consumers, including consolidation and non-bankruptcy options including debt settlement and debt negotiation.
Warning: There could be tax consequences for debt forgiveness. If a portion of your debt is forgiven by the creditor, it could be counted as taxable income on your federal income taxes. You may want to consult a tax advisor or tax attorney to learn how forgiven debt affects your federal income tax.

Self debt help- Self debt reduction

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation
If you or someone you know is in financial hot water, consider these options: self-help using realistic budgeting and other techniques; debt relief services, like credit counseling or debt settlement from a reputable organization; debt consolidation; or bankruptcy

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National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation, national debt relief program reviews, debt settlement, credit card consolidation, government debt help, debt settlement national debt relief, national credit card relief, freedom debt relief reviews

Contacting Your Creditors

Contact your creditors immediately if you’re having trouble making ends meet. Tell them why it’s difficult for you, and try to work out a modified payment plan that reduces your payments to a more manageable level. Don’t wait until your accounts have been turned over to a debt collector. At that point, your creditors have given up on you.

Dealing with Debt Collectors: National debt relief reviews

Federal law dictates how and when a debt collector may contact you: not before 8 a.m., after 9 p.m., or while you’re at work if the collector knows that your employer doesn’t approve of the calls. Collectors may not harass you, lie, or use unfair practices when they try to collect a debt. And they must honor a written request from you to stop further contact. National debt relief reviews

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Managing Your Auto and Home Loans

Your debts can be unsecured or secured. Secured debts usually are tied to an asset, like your car for a car loan, or your house for a mortgage. If you stop making payments, lenders can repossess your car or foreclose on your house. Unsecured debts are not tied to any particular asset, and include most credit card debt, bills for medical care, and signature loans.

Debt Settlement and Debt Elimination Scams

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation, national debt relief program reviews, debt settlement, credit card consolidation, government debt help, debt settlement national debt relief, national credit card relief, freedom debt relief reviews
National debt relief reviews: Credit card debt relief

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation

Some companies offering debt settlement programs may not deliver on their promises, like their “guarantees” to settle all your credit card debts for 30 to 60 percent of the amount you owe. Other companies may try to collect their fees from you before they settle any of your debts. The FTC’s Telemarketing Sales Rule prohibits companies that sell debt settlement and other debt relief services on the phone from charging a fee before they settle or reduce your debt. Some companies may not explain the risks associated with their programs, including that many (or most) of their clients drop out without settling their debts, that their clients’ credit reports may suffer, or that debt collectors may continue to call them.

Before you enroll in a debt settlement program, do your homework. You’re making a big decision that involves spending a lot of your money that could go toward paying down your debt. Enter the name of the company name with the word “complaints” into a search engine. Read what others have said about the companies you’re considering, including whether they are involved in a lawsuit with any state or federal regulators for engaging in deceptive or unfair practices.

Fees: National debt relief reviews

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation, national debt relief program reviews, debt settlement, credit card consolidation, government debt help, debt settlement national debt relief, national credit card relief, freedom debt relief reviews
National debt relief reviews

If you do business with a debt settlement company, you may have to put money in a dedicated bank account, which will be administered by an independent third party. The funds are yours and you are entitled to the interest that accrues. The account administrator may charge you a reasonable fee for account maintenance, and is responsible for transferring funds from your account to pay your creditors and the debt settlement company when settlements occur.

Disclosure Requirements: National debt relief reviews

Before you sign up for the service, the debt relief company must give you information about the program:

  • Price and terms. The company must explain its fees and any conditions on its services.
  • Results. The company must tell you how long it will take to get results — how many months or years before it will make an offer to each creditor for a settlement.
  • Offers. The company must tell you how much money or what percentage of each outstanding debt you must save before it will make an offer to each creditor on your behalf.
  • Non-payment. If the company asks you to stop making payments to your creditors — or if the program relies on your not making payments — it must tell you about the possible  negative consequences of your action.National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation, national debt relief program reviews, debt settlement, credit card consolidation, government debt help, debt settlement national debt relief, national credit card relief, freedom debt relief reviews

The debt relief company also must tell you:

  • that the funds are yours and you are entitled to the interest earned;
  • the account administrator is not affiliated with the debt relief provider and doesn’t get referral fees; and
  • that you may withdraw your money at any time without penalty.

Use Caution When Shopping for Debt Relief Services

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation

Avoid any debt relief organization — whether it’s credit counseling, debt settlement, or any other service — that:

  • charges any fees before it settles your debts or enters you into a DMP plan
  • pressures you to make “voluntary contributions,” which is really another name for fees
  • touts a “new government program” to bail out personal credit card debt
  • guarantees it can make your unsecured debt go away
  • tells you to stop communicating with your creditors, but doesn’t explain the serious consequences
  • tells you it can stop all debt collection calls and lawsuits
  • guarantees that your unsecured debts can be paid off for pennies on the dollar
  • won’t send you free information about the services it provides without requiring you to provide personal financial information, like your credit card account numbers, and balances
  • tries to enroll you in a debt relief program without reviewing your financial situation with you
  • offers to enroll you in a DMP without teaching you budgeting and money management skills
  • demands that you make payments into a DMP before your creditors have accepted you into the program

Best Overall: National Debt Relief

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation, national debt relief program reviews, debt settlement, credit card consolidation, government debt help, debt settlement national debt relief, national credit card relief, freedom debt relief reviews
National debt relief reviews: Credit card debt relief

Price: National Debt Relief is one of the more affordable debt consolidation services. First, it doesn’t charge a monthly service fee like most other debt consolidation and settlement services. They do, however, charge 20 percent of whatever you end up saving by using their services. So if your debt is $10,000, and you end up paying only $9,000, they would receive $200. On the plus side, you can get a quote and a consultation for free with National Debt Relief.

BBB Rating (National Debt Relief reviews): A (Also accredited by both the American Fair Credit Council and the International Association of Professional Debt Arbitrators.)

Features(National Debt Relief reviews): National Debt Relief has the most features of any other debt consolidation and settlement service that we saw. It includes a free quote, flexible payment schedule, services for secured and unsecured loans, professional advisors, self-help tools, mobile access to their site and budget planners. They also allow you to have a co-signer, which is important for most people who are stuck in debt. National Debt Relief reviews

Guarantee(National Debt Relief reviews): One of the reasons we like National Debt Relief is because of their 100 percent money back guarantee. This apparently is fair game if the service doesn’t work for you or if you are not completely satisfied with the service. National Debt Relief reviews

Customer Service: The site also has a comprehensive customer service program, including access to a representative by phone, chat, email and social media. Although not always the speediest, the customer service answers to our questions were always helpful and informative. Here is a good comparison between National Debt Relief and our second choice, CuraDebt(National Debt Relief reviews)

Runner-up: CuraDebt Debt Relief

Price: CuraDebt charges the same amount as National Debt Relief; 20 percent of what you save on the initial debt.

BBB Rating: N/A (Also accredited by both the American Fair Credit Council and the International Association of Professional Debt Arbitrators.)

Features: CuraDebt was founded in 1996, which means it has been in business for more than a decade longer than National Debt Relief. CuraDebt offers most of the same features that National Debt Relief does, including free quote, flexible payment schedule, services for secured and unsecured loans, professional advisors and self-help tools. One of the things that CuraDebt doesn’t offer that National Debt Relief does is the option of having a co-signer. They also don’t offer mobile access to your account.

Guarantee: CuraDebt doesn’t offer a money back guarantee.

Customer Service: CuraDebt only offers phone and email customer service options, which limits your options. It can be difficult to get an answer, but the customer service representatives are usually helpful and friendly.

National debt relief reviews and Customer ratings:

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation

#1 National debt relief Reviews

Rating: 4/5 National debt relief reviews

Customer: Robert lee: Overall, I have been pleased with the positive attitude of the customer service representative. They seem eager to please the customer, and for the most part, they seem to be timely in addressing issues.
The following are areas in which improvement can be made:
– I have had several instances in which I was told that information will be sent, but it was not sent.
– Repeatedly, I have been asked to send a hard copy power of attorney even though the requested Power of Attorney was already on file. I had to direct the customer service rep to look for it.
– Recently, I received a subpoena to appear in court on one of the accounts (Citibank/Sears). As the court date approached, I was notified that a settlement had been reached with the creditor, and I gave verbal approval for the settlement. However, I continued to ask if our legal firm had taken care of the court date and if there was anything further that I needed to complete prior to the Aug 24 scheduled court appearance. I was assured that the matter had been taken care of by the law firm. Last week, on August 31, I was informed that I needed to sign a Settlement Stipulation Agreement. When the agreement was emailed to me, I saw that it had been sent to the National Debt Relief NY office by the law firm on 19 August 2016. Yet, is was not forwarded to me to sign until the end of August. Since the agreement was not executed on a timely basis, I am not sure what the impact will be on the agreement. Someone dropped the ball on this one.
Overall, I am pleased with the settlements that have been negotiated on my behalf with my creditors, and the processing of those settlements.
There is room for improvement on support consistency. I frequently speak to different customer service reps, and at times some actions seem to fall through administrative cracks. It will be greatly appreciated if this area can be improved.
Respectfully

#2 National debt relief Reviews

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation

Rating: 5/5 National debt relief reviews

Customer: janet Sanderson: I have nothing but gratitude for National Debt Relief,and recommend them to anyone that needs to get their finances straight. They already got one debt reduced from $4,000+ to $750.00! And they’re not done yet! Thank you, NDR. With much thanks, Janet Sanderson

#3 National debt relief Reviews

Rating: 5/5 National debt relief reviews

Customer: Richard H:I am $31,000 in debt. On line I discovered National Debt was rated number one in the debt relief business. So I signed up with them. They have a plan. I heard from them about thirty days after signing up. On one of my 10 credit cards, they wiped out 2200 of a 3600 balance leaving 1400 that will be pay off in four months. There are more credit cards and a high interest lending club loan still to resolve but now I have great confidence in the plan for me to survive and prosper.

#4 National debt relief Reviews

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation

Rating: 4/5 National debt relief reviews

Customer: Tammy Bradford: NDR has so far reached a settlement with three of the five creditors I enrolled in the program. On the last settlement I felt pressured by the representative for “additional funds.” This was NOT something that had ever been discussed before in reaching a settlement. I explained that my budget is rock bottom and there is no wiggle room for any additional payments. After talking with someone from Quality Control it was agreed that a settlement could take place without additional funds. I am happy that it was able to be resolved without additional funds as my understanding of how the program worked was that a settlement would be reached within the boundaries of the amount that I was already paying each month – that is what the payment figure was based on. All in all after speaking with a few different representatives the matter was able to be settled for about half of what was owed to the creditor. National debt relief reviews

#5 National debt relief Reviews

Rating: 4/5 National debt relief reviews

Customer: Philesha shots:

Need to have more information

I’ve had a good experience so far with this company. They’ve resolved numerous accounts for me and for the most made my goals attainable. They are well informed when your call. With that being said I have a number of things that need improving.
-when I call it don’t really want to small talk I usually want my buisnesses handled thats it
-there needs ready access to all documents and information on a website so you can see the progress without calling. Having your information shrouded makes me irritated
Those are the two things I can’t stand

#6 National debt relief Reviews

Rating: 4/5 National debt relief reviews

Customer: Barbara J Wood: They are usually efficient, always courteous and helpful. However, my last contact required Quality Control persons intervention. The tech who called wanted extra funds, over $100 for this resolution.
I spoke with Robert in Quality Control and he assured me the agreed upon monthly payments would still work. I don’t know WHY the tech. who made the call would do what she did. With more creditors yet to be dealt with, by her methods I would end up paying more per month than when I signed up with National Debt in first place. ALL OTHER CONTACTS have been great!

National debt relief BBB Accreditation: National debt relief reviews

A BBB Accredited Business since 05/02/2013

BBB has determined that National Debt Relief, LLC meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public. BBB accreditation does not mean that the business’ products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business’ product quality or competency in performing services.

National debt relief reviews: Credit card debt relief; Freedom debt relief and Credit card consolidation

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