National Debt Relief Review

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  • Only reduced debt is charged with fees
  • Money-guarantee in place
  • Particularly low minimum debt required
Debt Consolidation VIEW BEST RATED

National Debt Relief has all the needed means to become the №1 debt settlement company in the near future.

By Aleksandar Spasov | 18th December 2018

In short, National Debt Relief is a debt consolidation company which provides debt settlement services to customers in the US. They aren’t supporters of the Repeated Customers strategy in debt relief operations which explains the strive to bring you a solid solution for your debt problems. It is one of the most famous brands in this niche and manages to bring stability and fairness in resolving customers’ debts, be it secured or unsecured. They pack great ranking scores across the board of review websites and work together with the AFCC to maintain the needed level of excellence.

Pros Cons
Incredible customer support Secured loans aren’t up for relief terms
Higher reduction rates Not available in all 50 states
Online accessibility and ease of use
Student loans accepted
Eligibility Criteria
  • $7,500 of minimum debt along with proven financial struggle (the latter is used as leverage in negotiating better settlement terms with creditors)
How Much Does it Cost?

Without an upfront fee, National Debt Relief is a nice start to recovery for any US citizen. Their typical enrollment fee varies from 18% to 25% which is an industry standard. And they stick to it. The usual enrollment periods are 2-4 years. Your state of residence and accumulated debt add up to the total fee percentage at the end of the debt settlement program.

For Example

“A $10,000 debt in total placed at a 15% interest rate for 36 months will equal a total sum of $15,639 to be paid at negotiation deadline. In cases of successful negotiations, the fee can be minimized by almost $4,000.”

What Happens After Signing Up?

Let’s imagine you already created an account at National Debt Relief. The first step is taken so it’s time to move forward. Setting up an adequate payment plan comes before everything else at this point of debt settling. Customers can decide how much to pay on a monthly basis depending on their financial state and possible future income. These funds will stay locked in a trust account until a settlement is reached between National Debt Relief and your creditors.

The next step is keeping up with the monthly deposits. While the usual monthly charge on a debt settlement account is quite lower than a payment to a creditor, it still carries a certain amount of responsibility. National Debt Relief even grants the option to cancel your settlement program at a point where funds aren’t enough to cover it. However, this will cost you more in the long run, even if there isn’t a cancellation fee in action.

Negotiations are to start after we set up the trust account. The company contacts your creditors once the escrowed funds have reached a satisfactory value. It all comes down to one single payment to relieve you from the torturing debt. It’s advised to remember, only a small percentage of negotiations go the right way from the first time so have patience.

In the case of successful negotiation result, National Debt Relief asks for customer permission to settle with the creditors. After such instance, they pay the opposing company in full and charge their fees from your account balance. It is a good measure to keep in touch with them to monitor each movement or offer on the table. Sharing information is also better than keeping it restrained because any detail can help your case at a certain point in time.

Trust and Reputation

As one of the most well-recognized debt relief brands at the moment, National Debt Relief manages to maintain a perfect A+ BBB rating, along with a 9.4 score at Trustpilot. The brand is highly accepted in the internet field as most of its business is conducted there. With a coverage of 41 states, the debt settlement provider tries to reach out to as many customers as possible.

In addition, the International Association of Professional Debt Arbitrators (IAPDA) and the American Fair Credit Council (AFCC) accredit for their modern excellence and don’t spare efforts in reviewing them frequently to ensure a continuous state of trustworthiness.

Customer Support

A toll-free customer support line is open at National Debt Relief from 8 AM EST until Midnight EST on weekdays. Saturdays come with a shorter time frame, however – 10 AM to 10 PM EST. And this is just the informational phone contact option. Existing customers can call and fax the company, with open working hours of 9 AM – 10 PM EST (Friday closes the contact form at 8 PM EST, weekends are days off). The customer support here is flawless as one can see for themselves from the first call made.

Reviewed by
Aleksandar Spasov
Aleksander is a freelancer from Bulgaria. He's travelled and is still travelling around the the world and has been writing and studying as he goes. He describes himself as a bit of a word freak and this is clear from his studies in English and Journalism. Although he is knowledgeable in a lot of areas, he has been researching and writing about anti-virus as his most recent interest. Read more.
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