NetDebt is a debt relief company based in Plano, Texas that provides debt settlement services. According to the company’s website, it can help most customers become debt-free in 24 to 36 months.
The company offers only debt settlement services, not other debt relief options such as debt consolidation, debt management, or bankruptcy.
NetDebt offers a free consultation for interested borrowers that allows them to explore at no cost whether NetDebt’s debt settlement program is the right solution for them.
NetDebt is a member of the American Fair Credit Council, an organization that fights for consumer rights and ethical debt settlement business practices. Members of the American Fair Credit Council must agree to abide by the AFCC’s code of conduct and demonstrate commitment to high ethical standards.
NetDebt doesn’t charge any advance fees for its debt settlement services. NetDebt customers are only charged after the company has successfully negotiated a settlement that the customer accepts.
Although NetDebt doesn’t have many reviews on BestCompany.com, the majority of those reviews are negative. Many NetDebt reviews mention trouble getting in touch with NetDebt representatives, poor customer service, and dissatisfaction with the results of NetDebt’s debt settlement services.
Although NetDebt is a member of the American Fair Credit Council, it does not appear to be accredited through the International Association of Professional Debt Arbitrators. Many top debt relief companies have both accreditations.
Although NetDebt offers potential customers a free consultation, its website doesn’t offer any important details such as the average cost of its services, which states its debt settlement services are available in, or the company’s minimum debt requirement.