Whether you need a personal loan or to settle your debt, you should make an informed decision when selecting a debt consolidation provider. This article compares ClearOne Advantage vs National Debt Relief to help you make an informed decision.
Both ClearOne Advantage and National Debt Relief have over a decade of debt settlement experience. ClearOne Advantage also provides you with a debt consultant to assist you throughout the debt relief process.
ClearOne Advantage Summary
The debt relief business ClearOne Advantage has assisted customers in reducing their monthly payments and eliminating their unsecured debt by lowering their monthly payments. Several organizations have recognized ClearOne Advantage as one of the best debt consolidation loan companies in the industry for their outstanding customer loyalty groups. If you are in debt, ClearOne Advantage may be able to help you. The objective of this evaluation is to examine both their products and the opinions of their customers.
Perhaps ClearOne Advantage can assist you if you owe a great deal of money in debt. ClearOne Advantage has helped thousands of clients resolve their enrolled debt since its founding in 2008. The company has received significant media attention in recent years. However, is this the right company for you?
The following are a few of the more noteworthy findings that we discovered after thoroughly investigating their website and terms and conditions.
- This company has an A+ rating from the Better Business Bureau and a 9 out of 10 client satisfaction rating.
- Until your registered debt is reduced and savings are realized, their services are offered without charge.
- The monthly payment schedule will be created to save you money.
- Up to 50% can be saved by clients who stick with the program for 24 to 60 months.
- Over $3 billion in debt has been resolved by the company.
- Your account information is accessible 24 hours a day, 7 days a week through a self-service client portal.
- Information, budgeting tools, and debt advice are available on their website.
- Participant in the Consumer Debt Relief Initiative
- As a result of its excellent reputation, debt settlement is one of the most popular options.
- The Awarded Customer Loyalty Group does not take fully paid secured debts.
ClearOne Advantage: What Is It?
Thousands of customers have been helped by ClearOne Advantage since 2008 with their credit card debt and other unsecured debts.
You do not incur any out-of-pocket costs with ClearOne Advantage. In collaboration with you, they develop a custom debt management plan tailored to meet your financial needs. To achieve a fair amount of reimbursement for your expenditures, their professional debt counselors will negotiate with your creditors for reduced final payment amounts.
You can reach the company at [email protected] or 888-340-4697, which has its main office in Baltimore, Maryland.
How Does It Work?
Getting debt relief is difficult, but it does not have to be. ClearOne begins by analyzing its debt and estimating its savings. A Certified Debt Specialist from their Customer Loyalty Group will assess your situation and work with you to create a fair repayment strategy that fits within your budget. The process may be completed by phone or online, which usually takes no more than 20 minutes.
There are no two circumstances that are the same, so your debt reduction study will specify what ClearOne can do for you and how much you can save.
After You Sign Up, What Happens?
To take advantage of their program, you will be required to pay a lower monthly amount into a bank account in your name that is FDIC insured. This account will be used to make your monthly payments to creditors, which may be up to 40% less than what you are currently paying.
As your money balance grows, ClearOne Advantage will start to talk to your creditors on your behalf. With this plan, you might be able to get back on track, improve your financial situation, make it easier to get a debt consolidation loan, and avoid having to use more debt relief services.
How To Qualify For It
For some people, monthly payments to debt settlement agencies may be preferable to declaring bankruptcy or enrolling in credit repair programs when it comes to debt reduction. No one method works for everyone. It is possible to utilize debt settlement in a variety of monetary situations since it is a flexible strategy.
To settle your debt in a one-time, lump-sum payment, you must set aside funds as part of a debt settlement plan. A person with $30,000 in unsecured debt should be able to save $450 per month if they set aside 1.5% of their entire debt each month. The program would be viable for a period of three years.
See If You Qualify for Credit Card Relief
See how much you can save every month — plus get an estimate of time savings and total savings — with your very own personalized plan.
ClearOne Advantage Reviews
ClearOne Advantage is a well-known and trusted business with an A+ BBB rating and accreditation since 2014.
The following are some outstanding evaluations of ClearOne Advantage:
Ruthie J 07/09/2022
Tammy J. 04/16/2022
Kimberly V. 03/01/2022
Tara R 02/04/2022
How Much Can You Save With It?
If you are having trouble paying your monthly obligations, ClearOne Advantage could help you get back on track and save you an average of 50% before fees. Your savings would be dependent upon the amount of debt you have and the willingness of your creditors to negotiate.
How Much Does This Company Charge?
Whenever you work with ClearOne Advantage, a leading debt settlement company, there are no hidden fees. In addition, they only receive payment after you make at least one monthly payment toward the settlement. Your fee will only be charged once a settlement has been reached and approved. Since each case is unique, their fees and costs will vary accordingly.
How Does It Affect Your Credit?
If you settle a credit card debt for less than what you owe, it will appear as a black mark on your credit report. This can cause problems if you need to borrow again in the future.
How To Cancel ClearOne Advantage
It is important to know your rights and options before signing any contract with a debt settlement company. You can quickly get out of a debt settlement contract by requesting it in writing.
Here are a few ideas to help you get back on track with your finances.
- Maintaining a budget is an effective method for staying on track.
- There is also the option of speaking with a financial professional, who will be able to guide you through your options and develop a customized plan based on your particular needs.
- As a final note, if you are already in debt, do not be concerned. Many companies are willing to work with you to develop an affordable payment schedule. Contact their customer service department for more information.
ClearOne Advantage: Is It Legit?
The ClearOne Advantage debt settlement program is in addition to its outstanding debt negotiation services. The company is a member of both the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA). Its website is protected to safeguard your information, and its privacy statement outlines the data it gathers and distributes with partners.
The majority of ClearOne Advantage’s clients are satisfied with their interactions with them, and they have been acknowledged by the Better Business Bureau since 2014 and have an A+ rating.
National Debt Relief: What You Need To Know
It was founded in 2009 and specializes in credit card debt relief and general debt relief for consumers throughout the country.
Debt-relief companies such as National Debt Relief offer free savings estimates, do not charge upfront fees and help consumers settle their debts at a lower interest rate.
Pros & Cons
Several debt relief solutions are available, and each has its own advantages and disadvantages when it comes to debt relief. It is important to consider the possible disadvantages of National Debt Relief before making a choice, since it may be an excellent option for individuals dealing with significant debt.
A major advantage of National Debt Relief is that you can eliminate your debt quickly. In a few years, you might be able to be completely free of your debt if you have a significant amount of debt. As a result, you may be relieved of a considerable burden and may have an easier time recovering financially.
A professional’s assistance can be quite valuable. An experienced debt relief firm will be able to assist you in creating a debt relief plan tailored specifically to your specific requirements. Additionally, they can provide encouragement throughout the process, which will relieve any anxiety you may experience.
It is important to note, however, that such a method of alleviation can have a number of drawbacks. It is possible to significantly lower your credit score by enrolling in a debt reduction program if you have a significant amount of debt. In the future, it may become more difficult to obtain loans and other kinds of credit.
Another disadvantage is the possibility of paying taxes on the forgiven debt. The IRS views debt forgiveness as taxable income, which means even if you are able to get all of your debts forgiven, you may end up owing a substantial amount in taxes.
National Debt Relief: Is It Legit?
National Debt Relief is one of the most well-liked debt relief options, but you should confirm its legitimacy before signing up with them.
With a Better Business Bureau A+ rating and membership, National Debt Relief has assisted hundreds of clients in escaping debt since it opened in 2009. It is also registered with the Consumer Financial Protection Bureau (CFPB) to demonstrate that the company adheres to strict rules and regulations.
If you are considering using National Debt Relief to eliminate your financial debt, here are a few things you should know:
- You do not have to pay any up-front fees. You only pay them if they are successful in assisting you in eliminating your debt.
- Their team of specialists can assist you in developing a strategy that meets your needs and resources.
- They will negotiate with your creditors on your behalf to lower your interest rates and regular payments.
- You will also be able to develop a strategy for eliminating your debt if National Debt Relief is able to assist you in eliminating your debt.
As a reliable debt relief company, they have helped customers with debt relief for many years. Make sure to do your homework and weigh your options before choosing to hire them.
National Debt Relief Reviews
National Debt Relief is a BBB-accredited company with an A+ rating.
The following are some evaluations of National Debt Relief:
National Debt Relief: Is It A Good Company?
The choice of the right debt relief company can be challenging because so many companies offer these services. National Debt Relief was founded in 2009 and has helped thousands of customers eliminate their debts. Among their various services are credit counseling, debt consolidation, and alternatives to bankruptcy.
National Debt Relief has been rated and accredited by the Better Business Bureau (BBB). In addition, National Debt Relief has been featured in publications such as Forbes and Money. One of the reasons National Debt Relief stands out from other debt settlement services is the level of customer service. They have a staff of trained credit counselors available 24 hours a day, 7 days a week to assist you in developing a strategy to reduce your debt.
If you are considering using National Debt Relief, you should consider the following:
- There is nothing fraudulent about National Debt Relief. They have been helping people with their debt relief issues for many years and are a reputable business.
- Among their services are credit counseling, debt consolidation, and bankruptcy alternatives.
- National Debt Relief has received an A+ rating and accreditation from the Better Business Bureau (BBB).
- Additionally, Forbes and Money have featured them.
- A team of accredited credit counselors is available around-the-clock to assist you in developing an effective debt management plan.
In the event you are considering utilizing National Debt Relief, do your homework before making your decision. National Debt Relief is a respectable organization that can assist you in getting out of debt, but the decision is ultimately yours.