National Debt Relief is one of the most reputable, largest debt settlement companies in the U.S.
As a BBB A+ accredited business, National Debt Relief can help you get out of debt by lowering your payments without applying for loans or declaring bankruptcy. They want to help you regain financial stability as fast as possible at an affordable price.
National Debt Relief has helped over 600,000 people get back on track with their finances. Daniel Tilipman co-founded the company in 2009 after getting out of debt and being frustrated with aggressive and misleading marketing tactics from other companies. National Debt Relief has gone on to win several awards, such as a Top Pick at Consumer Advocate.
The company has been around for over a decade, and it’s still helping people like you. The National Debt Relief team specializes in consolidating the outstanding balances on credit cards, medical bills, repossessions, certain business debts, and other unsecured loans and obligations. They will coordinate with you, so your creditors will not try to find you at your home or workplace. One of the most significant benefits of working with National Debt Relief is their commitment to transparency—they won’t try and up-sell or put you in a program where you won’t see results. Instead, you can expect personalized service tailored to your unique situation.
Before you start working with National Debt Relief, you need to be prepared to do something about your debt to accomplish financial independence. Coming out of debt will take commitment and time on your side. National Debt Relief acts as a companion throughout the process, but it is still up to you to make the loan payments. How much time it takes for you to become debt-free will depend on your situation. However, National Debt Relief claims their program can make you debt-free in 24 to 60 months.
The company has several client success stories posted on its website. These success stories show how National Debt Relief has helped consumers lower their bills and get back on track.
Once you have taken this first step, National Debt Relief will assess your situation to present you with the best option at your disposal before working on a plan to get you to a brighter financial future.
What Options Do You Have to Be Debt Free?
When it comes to options, National Debt Relief will present viable choices that can be suitable for your situation. These are the options you can expect if you want to do business with National Debt Relief.
- Self-Payment Initiative: You have the choice of fixing your debts on your own, so you don’t have to pay someone else to make a plan for you. This option may not be suitable for everyone, as most people need help to get out of their debt. Assessing your income and expenses and exploring career growth opportunities can expand your possibilities. However, some people will need help with debt.
- Consumer Credit Counselling: There are credit counseling agencies that are often non-profit organizations. Some of these companies offer free consultations that can provide guidance on managing monthly payments and building your credit score. These agencies can help you make a plan and negotiate lower rates with each creditor. Some consumer credit counseling agencies let you send one payment to them, and then the agency distributes the cash to your creditors. Since these plans can take up to 5 years to complete, the success rate for getting people out of debt is lower than other programs.
- Debt Consolidation: Consolidating all your debts into one single, ideally a lower payment, can help you get out of debt faster. With a debt consolidation loan, all your different debts are concentrated into one account. You will make one payment at a lower rate instead of several to each of your creditors. A lower interest rate and more years on the backend of your loan can result in a lower monthly payment. This will help you focus on paying off your debt and saving money on the overall interest rate you are paying on your debts. A lower monthly payment also makes your debt more manageable. This path is optimal for people who have high credit card debt and other types of unsecured debt. Debt consolidation is especially useful for people with payday loans since those financial products have some of the highest interest rates in the industry.
- Debt Settlement: During this process, you or your agent work with your creditors to negotiate the debt to pay less than what you currently owe them. This process can be daunting as it involves a lot of communication and back and forth with creditors, which is why it is recommended to use a debt settlement company.
- Bankruptcy: If there is no realistic way to pay off your debt, you could file for bankruptcy. Bankruptcy may be recommended as the final solution, as it will affect your credit seriously for a period of time, preventing you from getting any sort of credit (like a loan or car insurance) during that time. Some bankruptcies stay on your credit report for 10 years, depending on the type of bankruptcy.
By adhering to the National Debt Relief Program, it is possible to get rid of your debt in 24 to 60 months.
How to Get Started with National Debt Relief
Getting help with your debt can give you a fresh start. You can feel more confident with monthly payments or have the debt entirely removed from your finances. It’s possible to approach debt relief on your own, but a team of professionals can make the journey smoother. National Debt Relief is up for the challenge.
National Debt Relief offers a free consultation to help you find the right solution depending on your circumstances. After knowing the context, a National Debt Relief professional can walk you through some of the paths to becoming debt-free. You can easily apply for a free quote or consultation through their website by filling out a simple form, which will ask for your contact details and the amount that you owe. After you fill it out, a National Debt Relief team member will contact you to start the process.
Even if you work with National Debt Relief, you should still look over your finances and look for opportunities to earn and save more money. National Debt Relief can lower your monthly payment, but you still have to make on-time payments at a reduced rate. Getting a firm grip on your finances during this process can also prevent a repeat scenario after you get out of debt.
