- Years of Industry Experience
- Great Upfront Price
- Great Interest Rates: Consolidate Credit Card Debt at 6 to 10%
- Available to All
- Accredited Company; Certified Staff
- Positive Customer Reviews
Years of Industry Experience
Consolidated Credit is one of the oldest names in the industry, having accumulated over 20 years in business. During that time, it has built a reputation for total professionalism, offering CPFC certified debt counselors and free debt consultations for potential clients.
Unlike debt consolidation companies offering personal loans, Consolidated Credit is a credit counseling agency. The company’s certified credit counselors perform a free evaluation to help determine the best debt relief option for each consumer. This includes a free review of the client’s current financial situation, credit report, and budget. This first credit counseling session can provide debt management strategies, budget advice, and ideas to improve bad credit. If a debt management plan is the best solution, the company will design a repayment plan to fit the unique needs of the client. It provides a great alternative to debt settlement and debt consolidation loans while providing affordable monthly payments.
Great Upfront Price
Debt consolidation is a government-regulated industry. As a result, most companies charge similar prices, though fees vary by state. Consolidated Credit is no different--charging an upfront fee anywhere from $0 to $49, and a monthly fee up to $69. This is standard for debt management programs.
Great Interest Rates: Consolidate Credit Card Debt at 6 to 10%
Less regulated are the interest rates Consolidated Credit can negotiate with lenders. It works with creditors to help clients achieve the best possible deal. The company claims to get credit card interest rates down to an average of 6 to 10 percent APR--one of the lowest rates in the industry. These lower rates equate to a smaller overall payment for credit card debt.
Available to All
Each state has its own unique debt consolidation rules. For this reason, not all companies make their services available nationwide. Consolidated Credit makes an effort to comply with the state laws in every state--its counseling services are available to people struggling with unsecured debt in every U.S. state.
Accredited Company; Certified Staff
The company is ISO certified and is accredited with the FCAA (Financial Counseling Association of America).
Gary Herman, the president of Consolidated Credit, has been working with the company for over 20 years. He has training as a certified credit counselor and is also the vice president of the FCAA--an important organization that ensures companies provide the best debt relief.
Positive Customer Reviews
Consolidated Credit reviews frequently cite the staff's professionalism and overall quality customer service. Many of the reviews commended Consolidated for the ease of contact and polite, helpful staff members who guided clients every step of the way. Some reviews are from users who used the free consultation but did not end up using Consolidated's debt management plan services, yet felt they were able to walk away more knowledgeable about their best course of action after the consultation.