Accredited Debt Relief is good for people who have decided they need professional help from a reputable company to pay off unsecured debt like personal loans, credit cards, and medical debt.
While you can negotiate your own debt settlement, a debt settlement company like Accredited can take the guesswork out of the process. Business Insider's personal finance team compared Accredited Debt Relief to the best debt settlement services and found it to be one of the best-reviewed services available.
Accredited Debt Relief Pros and Cons
Pros
- Free initial consultation
- Settles larger debts
- Multiple accreditations
- Well-reviewed by customers
Cons
- Risky way to get out of debt
- No guarantee of success
- Might impact credit
Get Debt Relief
15-25% of total enrolled debt
- Online knowledge hub and blog
- Accredited with AFCC and CDRI
- Only available in 30 states
Compare Accredited Debt Relief to Other Debt Relief Companies
Cost: 15-25% of total enrolled debt
- Includes private student loans
- Accredited with the AFCC
- Fee transparency
- $7,500 minimum debt requirement
- Customer service conducted exclusively over the phone
- Lack of legal or tax guidance
National Debt Relief boasts an average savings of 25% (after fees) for clients who complete a settlement program, and has extensive positive reviews online. However, the debt settlement process has several potential pitfalls, and there may be other solutions better suited to your needs.
National Debt Relief
$7,500 minimum debt required
15-25% of enrolled debt + $9.95 account sign-up fee and $9.95 monthly fee
- Lower minimum debt than other debt settlement companies
- Helps settle private student loans
- Customer reviews mention long settlement times
- Monthly fees for dedicated account
- Must have a minimum total debt balance of $7,500 to qualify (some states have laws setting higher minimums)
- Fee ranges from 15% to 25%
- One-time fee of $9.95
- Monthly fee of $9.95
- Available in these states: AL, AK, AR, AZ, CA, DE, FL, IA, ID, IN, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, NE, NM, NV, NY, OK, PA, SD, TN, TX, UT, WI
Accredited Debt Relief Overview
Since 2011, how we rate debt relief companies.
FAQs
Does Accredited Debt Relief charge a fee?
There are no upfront fees for debt relief services with Accredited Debt Relief. There is a performance fee ranging from 15% to 25% once the company has successfully settled your debt.
How long does it take to see results with Accredited Debt Relief?
Debt relief can take some time, so results can vary, but many clients see significant debt reduction within 24-48 months of working with Accredited Debt Relief.
Is Accredited Debt Relief legitimate?
Yes, Accredited Debt Relief is a legitimate company. It complies with all the regulations that apply to credit-related services and debt settlement services, and holds certifications with the American Fair Credit Council, Consumer Debt Relief Initiative, and Better Business Bureau.
