The Debt Relief Company, founded in 2009, claims to help its clients become debt free in two to four years through its debt settlement program. The company has more than a decade of professional consumer debt relief experience and specializes in unsecured debt, including credit card debt, personal loans, unsecured lines of credit, medical bills, collections, and repossessions.
The company negotiates with creditors to lower its clients' debts, leveraging existing relationships with companies like Citi, Chase, Capital One, Synchrony, Comenity, Discover, Wells Fargo, Bank of America, One Main, Prosper, Lending Club, and Lending Tree.
The Debt Relief Company has a minimum debt requirement of $7,500.
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Borrowers who are interested in the Debt Relief Company can receive a free quote before enrolling in its debt settlement program by booking online or calling. During the free, 30-minute consultation, a financial consultant takes stock of the client’s financial situation and puts together a solution customized to their needs, including a budget, income and expense evaluation, and plan for how best to improve their monthly cash flow.
The Debt Relief Company doesn’t charge any upfront costs, and it also doesn’t charge any fees until the customer’s debt is resolved.
The Debt Relief Company assures potential customers that those who work with the company will have one point of contact throughout the entire program, from the consultation to the time their debt is paid off.
The company's website offers useful resources, including a blog with information on credit worthiness and debt to income ratios, and a debt calculator that estimates your savings, new payoff amount, and monthly payment if you were to use the Debt Relief Company.
The Debt Relief Company helps customers exclusively with unsecured debt through its debt settlement program. The company does not offer debt consolidation or bankruptcy help.
However, although the company doesn't help directly with secured debt, it assures customers that saving money on their unsecured debt through its program will leave them with more resources to pay off their secured debt, such as mortgages, home equity lines of credit, and auto loans.
Although the Debt Relief Company website offers helpful resources such as a blog and debt calculator, it doesn't include any information about which states are included in its service area or how much customers can expect to pay in fees.