For nearly 20 years, Superior Debt Relief has been helping customers settle debts as an alternative to bankruptcy. Although they require clients to have at least $10,000 in debt, they aim to get those debts settled in 12 to 36 months. One of the main drawbacks is the lack of accreditation from the AFCC.
- Industry accreditation with the IAPDA
- Resolves most debt in 12 – 36 months
- Free debt consultation over the phone
- Very high level of customer satisfaction
Superior Debt has been running longer than most competitors, which allows clients to take advantage of long-established relationships between debt specialists like SDR and their creditors to get better rates. Couple this with an IAPDA accreditation, and SDR brings a lot to the table.
Their customers seem to agree based on reviews and reports from this site and others. In particular, clients often highlight appreciation over the knowledgeable, attentive, and understanding customer service staff. Many expressed appreciation for their debt counselor in helping them to reshape their financial habits on an ongoing basis.
To help consumers determine how the company can help and what they can achieve, Superior Debt Relief offers a free consultation. We like to see companies offer free consultations because it shows that the company is willing to discuss its services and how it may or may not be able to help a potential client in settling debt.
- No AFCC Accreditation (a major industry accreditation)
- Consolidation services are only available in 32 states
- No company executive page to see who you’re working with
For a company as established as Superior Debt, the absence of an AFCC accreditation is noteworthy and may prompt questions about its business practices. Having this accreditation would help put SDR above some of the competition. Along with the missing AFCC accreditation, the company makes no mention of being in compliance with FTC rules and regulations.
The biggest concern for most is availability; SDR won’t work with you if you live outside their 32-state service area.
High Minimum Debt Requirement
In order to be access Superior Debt’s services, you must owe at least $10,000 or more, which is higher than industry average.
Frequently Asked Questions
How Much Does Superior Debt Relief cost?
Clients pay an average of 19 percent of the debt they enroll.
Can I Get A Free Consultation?
Yes, Superior Debt Relief offers a free consultation.
What Types of Debt Does Superior Debt Relief Work With?
They work with unsecured debt only, as do most other settlement companies. Secured debts, or debts in which a creditor holds something of value as collateral, cannot be added to your settlement program because such debts are rarely negotiable. However, Superior is willing to help you resolve what you owe on the balance of secured loans if the collateral is repossessed or foreclosed.
What Is the Minimum Debt Amount I Can Sign Up With?
Individuals with at least $10,000 of unsecured debt are candidates for their program. Debtors considering a settlement program will have the most success if the majority of their debt is outstanding credit card debt, because it is the most negotiable. Customers should also have a monthly budget so they can faithfully make payments, as well as a genuine commitment to avoid bankruptcy.
About Superior Debt Relief
Superior Debt Relief was established in 1998 in order to help consumers lower their credit card debt while encouraging them to develop smart financial habits. The company has even lobbied Congress for consumer advocacy legislation. To initially help consumers, the company offers a free consultation to get started on the pathway to a debt-free life.
- Free consultation: Yes; Free Debt Analysis
- Personal consultant during the settlement: No
- AFCC accredited: No
- IAPDA accredited: Yes
Time in Business
Begin in 1998
Minimum Debt Requirement