It is easy to feel trapped for people who are deeply involved in credit card debt and avoiding creditor calls. helpless.
The fact is that many Americans are in the same predicament. But there are ways out, including debt relief.
Take Kerry Smith as an example. He is a green beret and has fought four combat trips in Iraq and four more battles in Afghanistan. He fought terrorists and insurgents, dodge grenades and roadside bombs.
After being discharged from the military due to war injuries, the 42-year-old Smith began to experiment with real estate. But he was overwhelmed by debt worth $84,000 in the southward transaction.
Seeking help, he found a debt relief company called Approved debt reliefHe is cautious about scams and plagiarism, but due to the A+ rating of the Better Business Bureau, he decided to give it a try.
In this approved debt relief review, you will learn how this company works and why the retired veterinarian was shocked by the difference.
So, what is an approved debt relief?
Accredited Debt Relief develops customized debt consolidation plans for people who are heavily indebted and unable to pay. The company works with each customer to develop a personalized repayment plan.
Although Accredited Debt Relief can help consolidate your debt into a single monthly payment, their debt relief service does not require a good credit score or personal loans.
If you have at least $10,000 in unsecured debt, which means that your lender can’t get anything back, such as a car, this debt relief company can help. You can get help repaying payday loans, credit card debts, medical bills, personal loans, and other unsecured loans—not including student loans.
The only other requirement of Accredited Debt Relief’s debt consolidation plan is a stable source of income. You need to make monthly payments consistently in order to qualify for their debt relief options.
If you meet the basic requirements, you may notice that your credit score starts to rise after you start making consistent payments through Accredited Debt Relief.
Everyone’s debt is unique, and repaying debt involves many strategies.
Accredited debt relief experts will review each individual’s personal situation-initial consultation is free-and find the best way to get out of debt, whether it is debt repayment or debt relief as part of their debt relief plan.
They will explain all the options and give Lower your payment And to maximize savings.
This debt relief plan aims to prepare people for future success. This is why it allows you to open a savings account in your own name that is controlled by you. There you will deposit monthly deposits for debt repayment.
You also need to stop using the credit card or use the credit limit. This will help the negotiators of the debt relief plan to build your case.
Then, the negotiator will work with the creditor to ensure a settlement with an amount less than the amount owed. This is how they save people money. Once you approve the transaction, you will pay the settlement fee from your savings account.
Recognize the pros and cons of debt relief services
Accredited Debt Relief’s services have many things to like, but why choose them instead of one of the other debt relief companies? Compared with other debt relief companies, check the advantages and disadvantages of this service to understand why you should choose their path to get out of serious debt:
- They deal with all kinds of unsecured debts: medical bills, payday loans, debts to credit card companies, etc.
- Customers of Accredited Debt Relief can get out of debt within 46 months on average.
- They provide free consultation on debt relief.
- They received an A+ rating from the Better Business Bureau and were recognized by the U.S. Fair Credit Commission.
- Debt settlement with Accredited Debt Relief may be as low as 50% of your initial debt.
- Guaranteed debt and student loans do not meet the Accredited Debt Relief plan.
- You need to owe at least $10,000 to qualify for debt relief.
- It is not available in every state.
- Not everyone is eligible for debt settlement.
Frequently asked questions
Is this a debt settlement plan?
Yes, Accredited Debt Relief’s certified debt specialists will work with your creditors to negotiate a reduction in the amount of your debt.
What if the creditor does not cooperate with Accredited Debt Relief?
Your monthly payment will not be paid to any creditor who refuses to work with you to resolve debt issues. Many other debt relief companies require payment before reaching an agreement.
How much will the debt relief program cost me?
The cost is 15% to 25% of the debt you owe. Accredited Debt Relief will not charge you until you join the debt settlement plan and your creditors reach an agreement.
How this green beret saved $700 in debt every month
When Smith retired from the US military 21 years later, he was ready to try different things, so the married father of three children started investing in real estate.
He bought and began to renovate a duplex apartment in Olympia, Washington. In order to save money, he tried to do it himself through home improvement loans, but in the end he still owed him tens of thousands of dollars in Home Depot and Lowe’s credit cards.
Then his father fell ill and the family moved to North Carolina to take care of him full-time.
“I started to miss payments, and then it was like a giant snowball,” he said. “It’s just a whirlpool of different things in my life.”
In retrospect, he would do different things. But in hindsight it seemed to be 20/20.
“This is how I got into this position,” he said. “It’s not that we go out to buy Gucci or designer collections or similar things. I just want to do the right thing for my family.”
By the end of 2019, when he contacted Accredited Debt Relief, he had already lost $81,000.
Accredited Debt Relief is working with him to develop a debt settlement plan and has already Negotiate to reduce his credit card balance by 50%.
“They have been able to negotiate to halve these $15,000 or $20,000 accounts, and this is just something I can’t do by myself,” Smith said.
The company charges for its services. For debt settlement, it usually charges 18% to 25% of total debt, which is the industry standard.
Nonetheless, it was worthwhile for Smith and his family, and it was a great relief. He pays debts to Accredited Debt Relief instead of creditors every month, which allows him more money to take care of his family.
“I give them US$960 a month, which is US$700 less than what I paid before,” he said. “We didn’t get any more calls from creditors-that’s good.”
Start a free consultation
Accredited Debt Relief usually works with people who owe more than $10,000. The idea is to help people get out of debt without declaring bankruptcy.
How long this process takes varies, but the average person participating in the program has no debt for two to four years.
Accredited Debt Relief’s comments are very positive, and the numbers don’t lie-this company has freed people from heavy debts in just a few years.
If you or someone you know is heavily in debt, Accredited Debt Relief deserves serious consideration. If you qualify, it can help reverse your financial situation and help you get out of debt.
Do you like what you learned in this approved debt relief review?Less than a minute Sign up for a free initial consultation.
Accredited Debt Relief does not directly provide services for the following states: CT, DE, GA, HI, IL, KS, ME, ND, NH, NJ, OR, OH, RI, SC, VT, WA, WV and WY.