Home About Contact FAQ Articles Debt Relief Archived Articles

Fiona Rattcliffe

Hi, I'm Fiona Rattcliffe

Are you thinking about using a debt relief company, but don't know how to find a company that is reputable, honest, trustworthy, will save you money and won't rip you off?

With today's economic challenges there are more people than ever turning to debt relief companies for help . Debt relief companies offer solutions such as debt consolidation, debt settlement, debt negotiation and more so as to give you financial peace of mind and relieve the burden of debt. With so many companies advertising on the internet, radio and TV, it is important to understand what is and what is not possible with debt relief.

AAA Debt Relief Reviews contains a wealth of information on the many aspects of debt relief. Please take the time to visit the articles page, archived articles and the blog where you will find over 50 articles to assist you including articles on debt collection.

DEBT RELIEF COMPANY COMPARISONS

If you are considering a debt relief program there are a few preliminary points that must be made:

First. Debt Relief programs do not cover all types of debts. Debt relief programs work are mainly designed for credit card bills and other unsecured loans. If you have car loans or home loans, these are generally not included in a debt relief program.

Second. Debt relief is NOT for everyone. If you have less than $5,000 in debt you probably won't qualify for a debt relief program. In these cases you're better off negotiating directly with the creditor

Third. You may only save 50-60% depending on the types of creditors you have, how delinquent the debts are, what state you live in, what type of purchases the debts were for, and your current financial situation. There are cases from USA and Canada of savings as high as 89% and as low as 15% on credit card debts. Every case is different and the results will depend entirely on your own personal and financial circumstances.

Fourth. Debt relief does not exstinguish your debts. You will still have to pay something to the creditors, but your bill would likely be cut from half to one third of what it is right now.

During my review of some of the debt settlement companies recommended by non-experts, some companies actually caused people into worse financial hardship and forced them to file bankruptcy, which is the worst possible mark for a person's credit standing. Many of these companies have now been brought to account by the authorities.

Having compiled a set of what I considered important criteria I then set about evaluating 17 of the top debt relief companies.

My criteria:

Reputable and organized staff.
Written guarantee for overall savings.
Affordable for the average person.
Secure website.
Large amount of savings.
Work with 99% of creditors, and especially the tougher creditors like Citibank.
Has successfully reduced millions of dollars of consumer and small business debt.
Fastest completion times.
Helps protect your credit standing.
Member of the Chamber of Commerce in good standing.
Member of TASC - The Association Of Settlement Companies.
Member of IAPDA - International Association of Professional Debt Arbitrators.
Customer satisfaction response times.
You get to speak with your debt negotiator whenever you want.
Flexible program based on what you have available on a monthly basis.

Below, I give you a comparison of the top three debt relief companies that I have tested based on all of the above criteria.

YOUR TOP CHOICE FOR DEBT RELIEF

Rating 9.9/10

Experience
Savings
Customer Service
Reputation

Visit Website Now

#1 Rated Debt Relief Company In

The team that founded CuraDebt began in 1996 providing debt settlement services on behalf of individuals and small businesses. In 2000, the company started providing debt relief services nationwide.

CuraDebt is a member in good standing of TASC, the largest and oldest association of debt settlement companies, they have the highest rating for debt relief companies by the Consumer watchdog.

We recommend that you ask any company that you are considering working with if they are members of the Online Business Bureau, just like CuraDebt.

CuraDebt saves you the most money for a variety of reasons. First, their negotiators have built up contacts with creditors over the years and settle in bulk instead of just one account at a time. For example, instead of just settling your debt of $10,000, they may be settling $250,000 of debts with the same creditor. This gives them a much greater ability to negotiate the greatest savings for you. In addition, CuraDebt is commission based, which means that it is in their best interest to get you the greatest savings.

You get to speak with your negotiator who has all the details on your accounts and works with you based on what you have available on a monthly basis or as a lump sum. The company also works with businesses through its Commercial Debt Counseling division.

You can browse through their website to read numerous testimonials as well as debt settlement letters from credit card companies showing savings from 50 to 89%.

You can get a free confidential consultation when you visit their website and submit your information. Your questions regarding debt consolidation or debt settlement can be answered by CuraDebt's patient, caring, and knowledgeable counselors.

2010 Update: there is now a 15% discount running on the site (speak or email a counselor after submitting your information for a free evaluation). This discount may not be available soon.

Curadebt are also able to handle certain tax debt and business debt matters.

In Summary: Greatest savings, quick and easy to get started, honest counselors, excellent reputation, and average savings of 50 to 80%- my #1 pick.

Click Here to Get A Free Consultation From CuraDebt

Rating 9.0/10

Experience
Savings
Customer Service
Reputation

2. Debt Options

Debt Options, based out of Fort Lauderdale,
FL.

They provide you information on debt settlement as well as debt consolidation. Debt consolidation is joining all of your debts into one payment with potentially lower interest rates. Debt settlement is where the debts are negotiated to pay back less than the balance owed.

The company has a good level of customer service and satisfied clients.

I've been asked that with all these benefits, why only a rating of 9.0 out of 10. Well, the answer is that I found their program to be more expensive and it is much better to go with the top pick.

Click Here to Go To Debt Options

Rating 7.0/10

Experience
Savings
Customer Service
Reputation

Also Recommended

3. Superior Debt Relief

Out of the 17 debt relief companies that I reviewed, Superior Debt Relief made the cut for the top 3. The company is based out of Fort Collins, Colorado. Their company information is presented in an easy-to-understand manner.

The company does save consumers money and is a member of various important consumer organizations.

The reason I gave this site only 7 out of 10 is because of the amount of savings.

I feel that the #1 choice will save you more money as well as provide you with better customer service. For an individual or business owner who wants to get the best results, it is important to know that there is help in case it is needed.

Click Here to Go To Superior Debt Relief

I hope my research has helped you in making a very important decision on which debt relief company best suits your needs.

If you are still in doubt I suggest you either read more from the above article and archive pages or simply call one of the companies to discuss what they can do for you.

Where from here? I recommend CuraDebt:
<< Click here to get a free evaluation from CuraDebt>>

Didn't find what you were looking for then try our sponsored links.