Compare Debt Consolidation

Learn how our experts identify and compare the essential factors of debt consolidation to find the best option for you. From accreditations and years in business to services offered and client support, we research everything you need to know to make a decision.
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How we Compare Debt Consolidation

Accreditations - 10%
Years in Business - 10%
Length of Program - 10%
Truth and Transparency - 10%
Debt Qualifications - 10%
Costs and Pricing - 20%
Services Offered - 20%
Client Support - 10%

Accreditations Compared

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.

National Debt ReliefFreedom Debt ReliefAccredited Debt ReliefCuraDebtAmerican Debt EndersSoFiCountry Wide Debt ReliefConsolidated Credit
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$5,000 and up$5,000 and up$1,000 and up$7,500 and up

Years in Business Compared

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

Length of Program Compared

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 Length of Program:  Freedom Debt Relief Length of ProgramNational Debt Relief Length of Program
National Debt ReliefFreedom Debt ReliefAccredited Debt ReliefCuraDebtAmerican Debt EndersSoFiCountry Wide Debt ReliefConsolidated Credit
Program Length24 to 48 MonthsEstimated 24 to 48 Months24 to 48 Months12 to 50 Months (With some exceptions depending on the situation.)60 months36 to 84 months2 to 180 months12-60 months (depends on total debt amount)

Truth and Transparency Compared

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 Qualifications Compared

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.

Costs and Pricing Compared

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.
National Debt ReliefFreedom Debt ReliefAccredited Debt ReliefCuraDebtAmerican Debt EndersSoFiCountry Wide Debt ReliefConsolidated Credit
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 debt20%N/AN/AN/AThe company charges a flat 18% fee with every customer they helped.

Services Offered Compared

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

Client Support Compared

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.  


Full Debt Consolidation Comparison

AccreditationsYears in BusinessLength of ProgramTruth and TransparencyDebt QualificationsCosts and PricingServices OfferedClient Support
National Debt Relief9.
Freedom Debt Relief9.
Accredited Debt Relief9.
Brownstone Law Group Debt Consolidation9.
CuraDebt Debt Consolidation9.
American Debt Enders Debt Consolidation9.
SoFi Debt Consolidation9.
LendingTree Personal Loans9.
Country Wide Debt Relief9.
Consolidated Credit Debt Consolidation9.
New Era Debt Solutions9.
Brite Solutions Inc. Debt Consolidation9.
Debtmerica Relief Debt Consolidation8.
Rescue One Financial Debt Consolidation8.
Pacific Debt Inc. Debt Consolidation7.
Life House Financial Debt Consolidation8.
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Latest Reviews

Reviews help other customers make decisions. Share your experience with Debt Consolidation
Miami, Florida
This is a great company! The people are very competent, caring, and trustworthy. I have been their client for about a year. My life changed for better since I begun receiving their services. I now can see the end of the debt nightmare.

Trixy B
Murchison, Texas
This company is the "Real Deal" for debt relief. We have only been with this program less than 6 months and our largest debt has been resolved. NDR customer service has always been friendly and easily answers any and all questions. If you for some reason decide not to follow through with them you can cancel at any time. You have nothing to loose for giving NDR a try. You won't regret it!

Joseph s
Houston, Texas
National Debt Relief helped me very much. I had alot of debt an they help solved it quickly . I would recommend this company because they friendly and. Professional

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