If you’re struggling with a large amount of debt but aren’t ready to file for bankruptcy, you may want to consider a debt relief service. Debt relief services are designed to help you avoid filing for bankruptcy while speeding up the debt elimination process. One service that you may consider is Accredited Debt Relief. To help you decide if this is the company you want to do business with, below is an Accredited Debt Relief review.
What They Offer
Accredited Debt Relief offers a robust selection of debt elimination options, including debt consolidation loans, credit card debt consolidation, credit counseling and debt settlement. The service works with you to determine what caused you to go into debt and what the best methods for getting you out of debt are.
This may involve helping you better manage your money, working with creditors to reduce fees and interest rates or negotiating flat settlements that allow you to eliminate debt for less than what you actually owe. They also state that the process usually only takes about 24 to 48 months to complete.
According to Accredited Debt Relief, their services can help you settle your debts for less than what you currently owe, help eliminate fees and surcharges and lower your interest rate and monthly payments.
Accredited Debt Relief Review
While many debt relief companies say that you don’t have to pay any fees until an agreement has been made with a creditor and you’ve approved of it, Accredited Debt Relief goes a step further. You don’t pay any fees until an agreement has been reached and your first payment has been accepted.
According to a number of reviews on the Better Business Bureau website for San Diego, credit counselors provide individualized services and a full explanation of how the process works. It also appears that you’re assigned a counselor, so you have a point of contact who is familiar with your situation throughout the debt elimination process.
The process also allows for you to miss a few payments without stopping the repayment process. Per Accredited Debt Relief, if you find that you can’t make your monthly payment, you’ll just need to call them and make additional arrangements.
While they won’t help you with a bankruptcy, if you determine this is the course of action that you want to pursue, the company will help you get in touch with a bankruptcy attorney in your area.
It’s unclear if Accredited Debt Relief offers assistance with secured debt as well as unsecured debt. Secured debt includes car and home loans, and many people who struggle with bills also have trouble with mortgages and car payments.
There have been very few complaints about the service, but the few that have been made seem to relate to individual credit counselors, a lack of understanding about the process and spam. However, complaints seem to get direct attention from the company.
If you’re looking for a service that can provide relief for a variety of credit issues, Accredited Debt Relief may be a good choice. They will provide personalized support, and it seems that you have an individual assigned to you to help you get out of debt. Should you have issues with the service you are provided, the company seems proactive about problem-solving. The only real question is whether they offer services to help people eliminate secured debt.