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 by the AFCC, IAPDA, and San Diego Regional Chamber of Commerce. These are the top national accreditations a debt settlement company can have.
- Reasonable fees of 15 to 25 percent
- Customers are given one representative to work with
- Several accreditations
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 about right for the debt settlement industry, but it is nice that Accredited will spread it’s 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. Programs are well outlined on their website, and they assign customers one representative throughout the entire settlement process. 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.
Regarding accreditations, Accredited Debt Relief has more than the average debt company. The company is accredited with the IAPDA, 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. Settlements shown range from paying 11 to 50 percent of client debt.
Positive Accredited Debt Relief Reviews
In Accredited Debt Relief reviews, clients value their knowledgable staff. Additionally, customers note that the company’s representatives make them feel comfortable throughout the process. One reviewer stated that they wish they had called Accredited Debt Relief sooner.
- Less than ten years in the industry
- Only available in 34 states
- A few customer complaints
Time In Business
One downside to Accredited Debt Relief is that it hasn’t been in business as long as some of its 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 34 states and Washington D.C. The states that are not serviced are: CO, CT, DE, GA, HI, KS, KY, ME, NH, NJ, ND, OR, SC, VT, WA, WI.
Negative Customer Reviews
Some customers complained that they wish the company would’ve explained the debt settlement process in more specific detail. However, there were only a select few who stated this.
Frequently Asked Questions
How Much Does Accredited Debt Relief Cost?
Settlement usually costs around four to eight percent annually rate per year of total debt enrolled. The fee depends on the amount of debt they have, the state they live in, etc.
Can I Get A Free Consultation?
Free consultations are available by calling their toll-free number, or submitting the online form.
What Types of Debt Does Accredited Debt Relief Work With?
Only unsecured debt is enrolled into Accredited Debt Relief’s programs. These include bills for credit cards, medical expenses, and unsecured lines of credit.
What Is the Minimum Debt Amount I Can Sign Up With?
$7,500 is the minimum amount of debt Accredited will accept for consolidation or debt settlement.
About Accredited Debt Relief
Accredited Debt Relief has partnerships with some of the best debt relief companies around. The negotiators that the company uses have settled thousands of accounts with businesses, families, and individuals. As an alternative to bankruptcy, consolidation, or credit counseling, the company works hard to negotiate settlements with your creditors for less than the full amount owed. Their team strives to put each client first throughout the settlement process.
Four to eight percent annually of the debt you enroll. The average enrollment is for approximately 48 months.
- Free consultation: Yes
- Personal consultant during the settlement: Yes
- AFCC accredited: Yes
- IAPDA accredited: Yes
Time in Business
Minimum Debt Requirement
AVAILABLE IN 34 STATES
- Wasington D.C.
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Dakota
- West Virginia