National Debt Relief Review

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  • Only reduced debt is charged with fees
  • Money-guarantee in place
  • Particularly low minimum debt required
National Debt Relief Credit and Debt VIEW BEST CREDIT AND DEBT

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

National Debt Relief is one of the highest-profile and best debt settlement companies. NDR provides detailed debt management plans, credit consolidation and settlement services to customers in the US. They aren’t supporters of the Repeated Customers strategy in debt relief operations which explains their effort to bring you solid solutions for your debt problems until you’re debt free. It is one of the most famous brands in this niche and manages to bring stability and fairness in resolving customers’ debts, whether 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. Aside from being a great debt settlement company, National Debt Relief also gives back to the community through donations to several charities such as the Wounded Warrior Project, Autism Speaks, UNICEF and St. Jude Children’s Hospital.

ProsCons
Incredible customer supportSecured loans aren’t up for relief terms
Higher reduction ratesNot 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 management plan.

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 credit associates, 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. Contact your debt settlement lawyer to make sure what the repercussions may be if you cancel your program.

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. 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. This is what makes NDR one of the most efficient debt consolidation companies out there.

Additional options

National Debt Relief offers several types of services. You are encouraged to go through their free debt calculator to determine which of these services will suit your needs the best. Whether you’re having credit card debt issues or you want to begin a debt consolidation process, National Debt Relief is ready for all customer requests. This company can assist you with:

  • Debt relief
  • Debt settlement process
  • Debt negotiation
  • Debt settlement consolidation
  • Filing for bankruptcy
  • Credit card debt
Additional tools and education

National Debt Relief offers several additional tools to all customers and visitors. These tools serve a purpose to fully reveal the extent of your debt and to help you find solutions to reduce or remove it without declaring bankruptcy. Anyone can just quit and have a black mark on their credit for a decade, but only the smart customer will see the value in these tools. The free debt calculator will help you size up your debt and the free budget planner worksheets will help you regulate your finances to improve your spending habits and enable you to make payments on time.

Also, National Debt Relief offers a number of educative articles to help you improve your situation even without their participation. This includes articles such as ‘how to improve your credit score’, ‘how to invest’ and so on, covering almost every possible topic in the area of personal finances. At this point, there are over two thousand articles on NDR’s blog which makes for a pretty impressive archive of tips and tricks to be used in finances.

If you more and if you think it could help, read our 10 tips for budgeting in between paychecks!

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 coverage of 41 states, the debt settlement provider tries to reach out to as many customers as possible and it’s one of the companies that cover the most states in the entire United States.

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. The company’s website provides a number of testimonials and reviews by previous customers, detailing the diligence and perfectionis employed by National Debt Relief when dealing with customers. Combined with existing reviews on other websites, you inevitably come to the conclusion that NDR focuses on their customers’ satisfaction more than anything.

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. 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). You can also reach them by email if you prefer it to talking on the phone.

The customer support here is flawless as one can see for themselves from the first call made. If you prefer face to face contact instead, you can even go down to their corporate headquarters and ask whatever is on your mind with their corporate inquiries team! Finally, when you get all set up, you receive a login for your own personal account on their website where you can track your debt relief process in real time.

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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