Accredited Debt Relief works with a highly experienced team of negotiators to help customers settle debt from credit cards, medical expenses, and unsecured payments. According to the company's website, clients that make all of their monthly payments pay around 50 percent of their total enrolled debt before fees. After fees, they pay 68 to 75 percent over 24 to 48 months. The company has been in business since 2008.
Just like the company's name implies, Accredited Debt Relief is highly accredited. The company is accredited with the AFCC, IAPDA, and San Diego Regional Chamber of Commerce. These are the top national accreditations available to debt settlement companies.
- Reasonable Fees
- Free Consultation
- One Representative to Work With
- Highly Accredited
- Positive Accredited Debt Relief Reviews
Accredited's website discloses that fees are typically 15 to 25 percent. The company asserts, however, that it will only charge four to eight percent annually of the total debt enrolled depending on different state requirements. This pricing is typically for the debt settlement industry, but it is nice that Accredited will spread its fees out over the course of the program. This helps you keep more money when you're strapped for cash. If you can settle your debts and only pay the four percent annual rate of your debts, we recommend working with them. Additionally, Accredited ensures that you don't have to pay a dime until you see results.
Accredited Debt Relief provides a free debt consultation. On top of a free consultation, the company offers a personalized approach to every person's financial situation. If you come to them thinking you need settlement, they will only move forward if settlement is the right option for you.
One Representative to Work With
Programs are well outlined on their website, and they assign customers one representative throughout the entire settlement process.
Regarding accreditations, Accredited Debt Relief has more than the average debt company. The company is accredited with the IAPDA and is an accredited member of the AFCC. On top of this, Accredited Debt Relief outlines FTC guides for debt settlement companies (they meet all requirements) and even links to a warning the FTC has on debt settlement.
Accredited Debt Relief has successfully negotiated with the following credit card companies:
- Bank of America
- Wells Fargo
- American Express
- The Home Depot
- US Bank
- GE Capital
- OneMain Financial
Although Accredited Debt Relief cannot guarantee a settlement for every client with these companies, we appreciate that they show results from these 14 companies. In the settlements shown, clients paid 11 to 50 percent of their debt.
Positive Accredited Debt Relief Reviews
In Accredited Debt Relief reviews, clients value the knowledgeable staff. Additionally, customers note that the company's representatives make them feel comfortable throughout the process. One reviewer stated that he wished he had called Accredited Debt Relief sooner.
- Time In Business
- State Availability
- Negative Customer Reviews
Time In Business
One downside to Accredited Debt Relief is that they haven't been in business as long as some competitors. The company was founded in 2008. Other companies have been around since the mid to late 90s.
Accredited Debt Relief is only available in 33 states.
Negative Customer Reviews
Some customers complained that they wish the company had explained the debt settlement process in more specific detail. However, there were only a select few who stated this.
The Bottom Line
Accredited Debt Relief is one of the most highly accredited debt settlement companies. We love that the company is accredited with the AFCC, and the IAPDA. Not only do they offer a free consultation, but also they assign you one representative to guide you throughout the entire process. If your state is eligible, and you have over $7.5k in debt, we highly recommend you explore this company.