CareOne Debt Relief is a debt settlement company with over ten years of experience. The company offers a debt management plan through consolidating your debt and a debt settlement plan by working with your creditors to lower the amount you owe. However, CareOne is currently no longer accepting or enrolling new clients. Any prospective client will be referred to a licensed debt relief company in his or her state.
- $7,500 minimum debt – average in the industry
- Online portal
- Available in all 50 states
- Over ten years of experience
The free consultation is worth mentioning, especially now that they are no longer accepting new customers; this enables them to analyze each person’s specific debt situation and then point people to the best company.
CareOne Debt Relief has an online portal where you can view your program information, participate in discussion forums, and have access to other additional resources. This makes it easier for clients to keep track of their progress and communicate with the company.
Available In All States
One good thing about referring clients to other companies is that they will refer you to a company that is licensed to operate in your state.
Low Minimum Debt Requirement
CareOne will accept a minimum debt of $7,500, which is lower than many other companies in the industry. This is great for people who have small amounts of debt that they would like to settle.
- Lacking major industry accreditations
- Undisclosed fees
- Not Accepting New Clients
Lack Of Accreditations
The company does not hold any of the major industry accreditations, specifically with the AFCC, and the IAPDA. This makes it difficult to know if the company follows best industry practices.
CareOne does not disclose its fees on its corporate website. This lack of transparency can be frustrating for potential customers.
Now that they aren’t accepting new clients, our biggest concern is that services from CareOne are just being referred to people to other businesses and no longer fulfills debt settlement on their own. It would be quicker and easier for consumers to cut out the middle man and find the best company that directly suits their needs. For this reason, we can’t recommend CareOne at this time.
Frequently Asked Questions
How Much Does CareOne Debt Relief Cost?
CareOne does not disclose this information on its website.
Can I Get A Free Consultation?
This debt relief company offers a free consultation through its website. Consumers must input their name, contact information, their address, and some financial information before they are given the consultation. Some consumers say they had to provide similar information over the phone before they were given any advice or insight into their financial situation. Getting a free consultation is still a helpful feature you can receive through CareOne.
Does CareOne Debt Relief Offer A Money-Back Guarantee?
You will be able to keep any accumulated funds for the purpose of settling a debt.
What Types of Debt Does CareOne Debt Relief Work With?
The company only handles unsecured debt.
What Is the Minimum Debt Amount I Can Sign Up With?
For their debt management plan, consumers must have at least $2,500 in unsecured debt and must owe at least two creditors. For their Debt Settlement Plan, consumers must have at least $7,500 in debt.
About CareOne Debt Relief
With over 13 years experience and over 5 million customers served, CareOne is confident in its ability to help you get back on track financially. The company has existing relationships with over 200,000 creditors. CareOne is so confident in its ability to deliver results that it offers a six month 100 percent money back guarantee. Many of the certified credit counselors have, at one point or another, had debt problems. This allows the counselors to use their experience to help clients get out of debt successfully.
- Free consultation: Yes
- Personal consultant during the settlement: No
- AFCC accredited: No
- IAPDA accredited: No
Time in Business
Founded in 2002
Minimum Debt Requirement
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia