Get debt-free with the professional services of National Debt Relief. Digging yourself out of debt can begin to feel like gouging out a new basement for your house with a shovel. You might get the job done eventually, but the time frame is monstrous, you’re stressed and exhausted all the time, and you don’t get to enjoy any time in your home with family and friends.
If you hire a professional to dig that basement, the job’s going to be done much quicker, and you’re going to be able to enjoy your home and your life again. Hiring debt relief professionals also is going to help you dig out faster and get back to enjoying your life. Unlike hiring a professional contractor, though, a professional debt relief company will end up saving you money, as well.
For more than a decade, National Debt Relief has provided that professional excavation service that has helped thousands shovel their way out of debt.
What Is Debt Settlement?
National Debt Relief helps you get out of debt faster through the process of debt settlement, sometimes known as debt negotiation.
Under debt settlement, National Debt Relief compiles your complete financial picture to determine how much you can spend each month to reduce your unsecured debt. National Debt Relief then negotiates with your creditors to lower the amount of money you owe, particularly by convincing them to accept a smaller principal in return for the assurance they will be paid off in a shorter period of time.
Unsecured credit includes such debts as credit cards, medical bills, private student loans and such. Mortgages and vehicle loans are not eligible for debt settlement because the creditors can take your home or vehicle, so they have no incentive to accept a smaller principal.
If you opt for debt consolidation or credit counseling, you’ll be looking at lowering interest rates or spreading your payback over a longer period of time, but you won’t be reducing the amount of money you owe. Through debt settlement, negotiators can reduce your principal owed by 40 percent, 50 percent or even more.
Not all creditors will agree to reduce your debt, and if your resources are enough to pay back what you owe, you might not be eligible for debt settlement. And your credit history and credit score may benefit from paying off your full debt.
What Sets National Debt Relief Apart?
Founded in 2008, National Debt Relief has helped thousands of clients across the country eliminate their unsecured debt and rebuild their financial stability.
National Debt Relief is an accredited, A-grade company with the Better Business Bureau. National Debt Relief also is an accredited member of the American Fair Credit Council, which holds its members to the highest ethical standards. All of National Debt Relief’s arbitrators are required to be accredited through the International Association of Professional Debt Arbitrators.
Through the decade-plus, National Debt Relief has built relationships with all of the major creditors in the United States. National Debt Relief’s negotiators use those relationships to convince creditors when their clients truly need debt relief. That stability also ensures you’ll be assigned to a customer service/negotiator team that has expertise in the type of debt relief you need. That team will be working on your case and being open and honest with you about where your case stands.
National Debt Relief also will take the burden off you for dealing with creditors and their collection services. Your customer service representatives and negotiator remain in constant contact with your creditors so you can answer your telephone without that sense of dread.
National Debt Relief also wants you to succeed, so their customer service representatives also provide advice and education on budgeting and saving to allow you to improve your financial situation, so when you have your debts paid off, you won’t slip back into old habits and fall into debt again.
What Does Debt Settlement Cost?
They won’t charge you a dime unless they are able to get your creditors to reduce your debt. The fee ranges from 20 percent to 25 percent of your total debt, but only when they are successful in reducing your debt. The fee will be included in your monthly payments, so you don’t need to come up with another pile of cash.
But, the better question is what does debt settlement save. When their negotiators are able to get your debt reduced by 40 percent, 50 percent or even more, you’ll save 15 percent, 20 percent or even more. More importantly, you’ll save piece of mind, lower your stress, improve your physical health and become debt free in two to four years.