![]() What Fees Does Accredited Debt Relief Charge?Īccredited Debt Relief works on a “performance-based” structure, meaning you pay a fee only if the company successfully reduces your debt. ![]() Check its website for an updated list on which state residents can enroll. Note that Accredited Debt Relief services residents of 31 states and Washington, D.C. Once you complete your call, you can decide if you want to move forward based on your specialist’s recommendations. Wait for a debt relief specialist to contact you.Provide your name, phone number, email address and state of residency, then click to get your quote.Enter the current amount of debt you owe.Visit Accredited Debt Relief’s website.To start the process, call 80, or follow these steps to fill out the form online: If you have at least $10,000 in unsecured debt, you may be eligible for Accredited Debt Relief’s services. The entire debt relief process can take anywhere from one to four years to complete, and it may take six to nine months to see your first settlement. The specialist repeats this process until all of your debts are either resolved or deemed ineligible for resolution.If the specialist successfully reaches an agreement, they’ll contact you for approval and use the money in your dedicated account to pay off the loan.Wait as your assigned debt specialist works with your creditors to adjust your loan terms.Open an FDIC-insured savings account and make monthly deposits based on your customized plan.Your plan could include consolidating debts, securing lower interest rates or reducing the principal amount you owe. Meet with a certified debt specialist to review your financial situation and create a customized plan based on your goals, monthly budget and eligible debts.Sign up for a free consultation on Accredited Debt Relief’s website.Whichever path you choose, consider reading more about credit relief companies by checking out some Freedom Debt Relief reviews.Expect to go through these steps if you enroll in Accredited Debt Relief’s program: For example, using low-interest cards presents a temporary solution to consolidate credit card debt and reduce costs for a short time.Īlso, using the snowball strategy, where you pay off debts in order of smallest to largest, until each balance is paid off. If you’re fortunate enough to be in a position to make your minimum payment or more each month, there are a variety of strategies that could help you. Read Freedom Debt Relief reviews to get an idea of the type of customer satisfaction that a quality debt relief company could provide.Īfter reading Freedom Debt Relief reviews, check out the American Fair Credit Council to learn more about what reputable debt relief companies do for their customers. But a reputable debt relief company could help you create a plan to eliminate your debt for less than you owe, much more quickly than making minimum payments. You might be embarrassed, or just plain scared if you can’t make your minimum monthly payment on a credit card. ![]() Read the fine print and stay disciplined.Ĥ) Enlist Help When Payments Become Unmanageable Don’t fall into the trap of low, promotional interest rates that many online comparison sites lure consumers in with. While you’ll want to consider interest rates, loan terms, and other loan features, the most important factor in taking out a loan is whether or not you can pay the debt back on time. 2) The Most Important Consideration if You’re Borrowing Money Further, there are few investments that will return as much risk-free money as paying down the balance on your credit cards will. After all, failure to make those payments results in you losing your home. If you own a home, the mortgage payment is your priority. It also depends on your personal circumstances. But if it all possible, you should save and pay down debt at the same time, even it means you have to allocate small amounts to savings and debt payments. 4) Enlist Help When Payments Become Unmanageableġ) Pay Debt or Start Saving – Which Comes First?Īs you’ll see by watching and reading some of Freedom Debt Relief reviews, when you’re facing a growing amount of debt each month, it’s hard to even think about setting money aside for savings, let alone actually do it. ![]()
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