Compare Debt Consolidation

From accreditations and experience to services and support, we research everything you need to compare debt consolidation and make a decision. Learn how our editors compare the different factors of debt consolidation below.
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How we Compare Debt Consolidation

Accreditations - 10%
Experience - 10%
Speed - 10%
Transparency - 10%
Debt Qualifications - 10%
Pricing - 20%
Services - 20%
Support - 10%


The International Association of Professional Debt Arbitrators (IAPDA) ensures that a company’s debt consultants are trained and certified debt negotiation professionals.  

The American Fair Credit Council (AFCC) – member companies should comply with best industry practices. This includes transparency with the public and compliance with FTC regulations for debt relief providers.

Better Business Bureau (BBB) – gives an overview of customer experience with the company. This includes complaint reports and how the company was able to resolve customer concerns.

Debt Consolidation with the Best Accreditations:

National Debt ReliefFreedom Debt ReliefAccredited Debt ReliefConsolidated CreditCuraDebtAmerican Debt EndersSoFi
A+ BBB Rating
FDIC Insure Trust Account
FTC Compliant
Debt Qualification$7,500 and up$25,000 and up$10,000 and up$7,500 and up$7,500 and up$5,000 and up$5,000 and up


A company’s time in business is a good indicator of its debt relief program’s performance.

Debt Consolidation with the Best Experience:


How soon can a company successfully resolve your debt situation? Of course the success of the program depends largely on a client’s commitment in making the monthly payments.

Debt Consolidation with the Best Speed:

National Debt ReliefFreedom Debt ReliefAccredited Debt ReliefConsolidated CreditCuraDebtAmerican Debt EndersSoFi
Program Length24 to 48 MonthsEstimated 24 to 48 Months24 to 48 Months12-60 months (depends on total debt amount)12 to 50 Months (With some exceptions depending on the situation.)60 months36 to 84 months


Part of being an AFCC member requires the company to be transparent in terms of its fees and policies. We scored companies according to how they gave answers to:

  • Program costs
  • Number of client’s that drop out of the program
  • Average length of the program
  • Average settled amount

Debt Consolidation with the Best Transparency:

Debt Qualifications

Unsecured debt – this refers to debt that are unattached to personal assets such as mortgages or car loans.

  • Medical bills
  • Personal lines of credit
  • Credit cards
  • Old repossessions
  • Student loans

Minimum debt – debt relief companies require clients to meet minimum debt limits to be enrolled in the program. This also refers to your total enrolled debt. Lower debt minimums allow more clients to qualify for the program.

Debt Consolidation with the Best Debt Qualifications:


The Federal Trade Commission (FTC) has taken steps to protect consumers against companies that charge fees prior to settling or reducing a client’s unsecured debt. The 2010 FTC Rule for Debt Relief Providers state the no fees and charges can be collected unless:

  • The debt relief service successfully settles or changes the terms of at least one of the consumer’s debts.
  • There is a settlement agreement, debt management plan, or other agreement between the consumer and the creditor that the consumer has agreed to.
  • The consumer has made at least one payment to the creditor as a result of the agreement negotiated by the debt relief provider.
  • The new rule also has provisions to ensure that debt relief providers do not front-load their fees if a consumer has enrolled multiple debts in one debt relief program.

Upfront Fees – FTC guidelines strictly prohibit the collection of fees prior to the company being able to successfully settle a debt.

Fees and charges – a percentage of the client’s total enrolled debt. However, fees should only be collected once a debt is settled in line with FTC regulations.

Monthly payments – this refers to the monthly amount to be deposited which is determined by you and your debt consultant. Funds are used for negotiating with your creditors and making a lump sum payment once a settlement is reached.

FDIC insured deposits

Included in the FTC guideline is a provision concerning the creation of a “dedicated account.” This refers to the creation of a monthly payment account to be used for paying creditors and where “provider fees” are to be collected. FTC rules state that a dedicated account can only be created if it meets these conditions: 

  • The account is maintained at an insured financial institution
  • The consumer owns the funds (including any interest accrued)
  • The consumer can withdraw from the debt relief service at any time without penalty and receive all unearned provider fees and savings within seven business days
  • The provider does not own or control or have any affiliation with the company administering the account
  • The provider does not exchange any referral fees with the company administering the account.

Debt Consolidation with the Best Pricing:

National Debt ReliefFreedom Debt ReliefAccredited Debt ReliefConsolidated CreditCuraDebtAmerican Debt EndersSoFi
Upfront Fees
Consultation Fees
Fees and ChargesFees vary by state and amount of debt. But National Debt Relief only charges you for debt resolved. There are no monthly fees and debt consultations are free.Varies by State and Debt Amount. Average 21% of enrolled debt.4% to 7% of enrolled debtThe company charges a flat 18% fee with every customer they helped.20%N/AN/A


Consultation with a debt specialists

Debt Consolidation – this involves taking out another loan to pay for your existing loans.

  • Reduce monthly payments
  • Lower interest rates
  • Simplify payments

Debt Settlement – is a debt relief program that helps make debt payments easier by helping you reduce your total debt mainly by negotiating with creditors.

  • Reduce total unsecured debt
  • Alternative to debt consolidation, credit counseling and bankruptcy
  • One low monthly payment
  • Settle your debt in 24 to 48 months

Debt Consolidation with the Best Services:

National Debt ReliefFreedom Debt ReliefAccredited Debt ReliefConsolidated CreditCuraDebtAmerican Debt EndersSoFi
Debt Consolidation
Debt Settlement
Unsecured Debts
Student Loans
Credit Cards
Collection and Repossessions
Medical Bills
Financial Consultation
Credit Counselling


Another thing to look out for when choosing a debt relief service is the type of support services they provide. Work with debt relief services that provide you a personal debt consultant that is responsible for handling you case. Client support should also be available through email, telephone or online chat option.  


Debt Consolidation with the Best Support:

Full Debt Consolidation Comparison

AccreditationsExperienceSpeedTransparencyDebt QualificationsPricingServicesSupport
National Debt Relief9.
Freedom Debt Relief9.
Accredited Debt Relief9.
Pacific Debt Inc. Debt Consolidation9.
Consolidated Credit Debt Consolidation9.
ClearOne Advantage Debt Consolidation9.
CuraDebt Debt Consolidation9.
American Debt Enders Debt Consolidation9.
LendingTree Debt Consolidation9.
Brite Solutions Inc. Debt Consolidation9.
Brownstone Law Group Debt Consolidation9.
New Era Debt Solutions9.
SoFi Debt Consolidation9.
Debtmerica Relief Debt Consolidation8.
Rescue One Financial Debt Consolidation8.
Life House Financial Debt Consolidation8.
LendingTree Personal Loans9.
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Latest Reviews

Reviews help other customers make decisions. Share your experience with Debt Consolidation
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Phoenix, Arizona
James Freeman really helped me to understand what is the best way to solve my debt problem. He answered all my questions and help me get into your the program. I really appreciate his help.

Gail P
Rosenberg, Texas
My initial contact with Sylvia was very informative and friendly. I was suspicious of anyone in this business. The whole process has lifted the stress from my shoulders. They have kept my best interest in mind every step.

Mark J
Gloria E. is highly knowledgeable, responsive, genuinely caring/sincere, and professional in all respects. Thanks to CuraDebt, a creditor has been calling me in violation of the law, and fines have risen to possibly over $30,000, a portion of which I am entitled to, thereby helping me offset my outstanding balances.

Reviews help other customers make decisions. Share your experience with Debt Consolidation