Best Debt Companys

159 Companies 3,429 Real Customer Reviews

Find & Compare the Best Debt Relief Options

159

Companies

3,429

Consumer Reviews

See our TOP-RANKED Debt Relief Companies
Sorted By:
Freedom_Debt_Relief
Settlement
Visit Site  | 
1-(866) 892-5514
Call Now!
Our Score
9.1
User Score
9.0

Freedom Debt Relief lives by its mission to “provide financial solutions, debt settlement services, and education that enable people to become debt free, build wealth, and achieve financial freedom.” Freedom Debt Relief is highly experienced, with major accreditations in the debt management industry including AFCC and IAPDA. Debt settlement services require zero upfront fees and customers are only required to pay upon receiving a debt settlement. Unfortunately, the company is currently only available in 33 states and may end up costing a higher percentage of the total debt enrolled (up to 25 percent) than other debt settlement companies. Freedom Debt Relief has a reputation for professional conduct and high levels of customer satisfaction.

Read Reviews >>

#1 Freedom Debt Relief

Settlement

Freedom Debt Relief lives by its mission to “provide financial solutions, debt settlement services, and education that enable people to become debt free, build wealth, and achieve financial freedom.” Freedom Debt Relief is highly experienced, with major accreditations in the debt management industry including AFCC and IAPDA. Debt settlement services require zero upfront fees and customers are only required to pay upon receiving a debt settlement. Unfortunately, the company is currently only available in 33 states and may end up costing a higher percentage of the total debt enrolled (up to 25 percent) than other debt settlement companies. Freedom Debt Relief has a reputation for professional conduct and high levels of customer satisfaction.

Call Now Visit Site Read Review
Consolidated Credit Reviews
Consolidation
Management
Visit Site  | 
1-(844) 669-4840
Call Now!
Our Score
9.3
User Score
9.4

Consolidated Credit has helped over five million people negotiate their debt and become debt free. Customers usually pay 30 to 50 percent less than their current monthly payments. Though the company does not display its interest rates online, it is more transparent than most in the debt management industry and will offer low-interest rates. It does have a slightly higher upfront fee, but almost everyone who leaves a review of their experience with Consolidated Credit is appreciative of the courteous and knowledgeable credit counselors. Consolidated Credit is a national debt relief option because it is available in all 50 states.

Read Reviews >>

#1 Consolidated Credit

Consolidation
Management

Consolidated Credit has helped over five million people negotiate their debt and become debt free. Customers usually pay 30 to 50 percent less than their current monthly payments. Though the company does not display its interest rates online, it is more transparent than most in the debt management industry and will offer low-interest rates. It does have a slightly higher upfront fee, but almost everyone who leaves a review of their experience with Consolidated Credit is appreciative of the courteous and knowledgeable credit counselors. Consolidated Credit is a national debt relief option because it is available in all 50 states.

Call Now Visit Site Read Review
DebtWave Credit Counseling Reviews
Consolidation
Management
Visit Site  | 
1-(844) 508-4494
Call Now!
Our Score
8.4
User Score
9.6

DebtWave Credit Counseling specializes in consolidating credit card debt at lower interest rates with the help of certified debt counselors for a reasonable monthly fee. Interest rates and monthly payments are low, allowing customers to save on their debt. DebtWave has an impressive list of positive reviews and incredibly loyal consumers. The company is not licensed to operate in Colorado, Kansas, Maryland, or New York and has limited customer service hours, which may be an issue for some customers. DebtWave Credit Counseling has been in business since 2001 and has helped over 13,000 people become debt free.

Read Reviews >>

#3 DebtWave Credit Counseling

Consolidation
Management

DebtWave Credit Counseling specializes in consolidating credit card debt at lower interest rates with the help of certified debt counselors for a reasonable monthly fee. Interest rates and monthly payments are low, allowing customers to save on their debt. DebtWave has an impressive list of positive reviews and incredibly loyal consumers. The company is not licensed to operate in Colorado, Kansas, Maryland, or New York and has limited customer service hours, which may be an issue for some customers. DebtWave Credit Counseling has been in business since 2001 and has helped over 13,000 people become debt free.

Call Now Visit Site Read Review
Pacific_DebtInc.
Settlement
Visit Site  | 
1-(866) 771-9964
Call Now!
Our Score
9.0
User Score
9.6

Founded in 2002, Pacific Debt Inc. helps consumers become debt free and settles millions of dollars worth of debt monthly. The company offers debt settlement services with zero upfront fees and a money-back guarantee with no credit score required. Pacific Debt Inc. carries every major industry accreditation, and positive customer reviews across several platforms suggest that it takes good care of the consumer. The accreditations, low fees, and reputation help this company stand out. The company does not operate in several states so customers must check the serviceable areas beforehand.

Read Reviews >>

#2 Pacific Debt Inc.

Settlement

Founded in 2002, Pacific Debt Inc. helps consumers become debt free and settles millions of dollars worth of debt monthly. The company offers debt settlement services with zero upfront fees and a money-back guarantee with no credit score required. Pacific Debt Inc. carries every major industry accreditation, and positive customer reviews across several platforms suggest that it takes good care of the consumer. The accreditations, low fees, and reputation help this company stand out. The company does not operate in several states so customers must check the serviceable areas beforehand.

Call Now Visit Site Read Review
Accredited_Debt_Relief
Settlement
Consolidation
Visit Site  | 
1-(866) 780-3062
Call Now!
Our Score
8.8
User Score
9.7

Accredited Debt Relief offers a vast array of services including credit counseling, debt consolidation, debt management, and debt settlement. The company doesn’t charge any fees until it settles. Accredited Debt Relief also provides a money-back guarantee. The company is AFCC and IAPDA accredited and has mostly positive reviews. Debt settlement services are currently only available in 36 states, and customers must have over $7,500 in unsecured debt to qualify. The company charges monthly fees that vary from state to state. Free consultations are always available.

Read Reviews >>

#3 Accredited Debt Relief

Settlement
Consolidation

Accredited Debt Relief offers a vast array of services including credit counseling, debt consolidation, debt management, and debt settlement. The company doesn’t charge any fees until it settles. Accredited Debt Relief also provides a money-back guarantee. The company is AFCC and IAPDA accredited and has mostly positive reviews. Debt settlement services are currently only available in 36 states, and customers must have over $7,500 in unsecured debt to qualify. The company charges monthly fees that vary from state to state. Free consultations are always available.

Call Now Visit Site Read Review
  • Takes your existing debt and try to settle with your creditors for a lower amount. If you pay off the settled amount, your debt will be considered paid in full.
  • Negotiates with your creditors on your behalf.
  • Fee based on a percentage of your total starting debt or a percentage of the debt they save you.
  • Most settlement companies have you create a separate "escrow" account where you will make monthly contributions over a certain amount of time to contribute to your settlement. Once there is a substantial amount of funds to show your creditors, the settlement company will try to negotiate a lower amount of debt.
  • Combines all your debts and creditors into one monthly payment.
  • Allows you to pay one monthly payment to the consolidation company, instead of multiple payments to different creditors.
  • You no longer owe your original creditors; instead you pay one monthly payment to your consolidation company.
  • Consolidation companies can help negotiate lower interest rates on your debts and help lower your total debt payment in the long run. A lower interest rate will lower the amount you owe in the end.
  • Allows you to consolidate all your different debts into one personal loan that can be paid off over time.
  • Can offer borrowers a lower interest rate with a longer payback term (compared to high-interest credit cards or medical bills). This will lower the amount of money required to pay off the loan over time.
  • Personal loan debt consolidation can be an effective way to raise your credit score quickly (within 3-6 months).
  • Borrowers can receive funds from their loan within only a few days.

Realtime Results:

879,950,996

Dollars of Debt We've Helped!

Poll

  • How important is it to you for a debt consolidation company to offer financial education resources?

Recently Reviewed:

Want us to review a company?

If there is a debt company that you don't see on our site, and would like us to review, please contact us.

Real Reviews (yes they’re real)

With so many debt relief companies out there, and a lack of sites willing to bring you the HONEST breakdowns of each company, what source can you turn to for the real information you can trust?

We are dedicated to bringing the truth out, and rank debt relief companies as they should be. Through our investigation, and experience with each company, we rank each company, and bring you our honest, unbiased opinion. We also include authentic user reviews by past customers of each company that are moderated and verified.

Like many sites, we are compensated through affiliate relationships with each company we review, however all of our rankings are based on our Ranking Criteria.

All reviews are subject to moderation and approval. Any reviews that may resemble false information, or competitors of another company will need to be verified by our staff before being approved and published. We reserve the right to approve or deny any reviews left on this site.

Erase Debt

What You Need to Know about Debt Relief

Deciding that it’s time to become debt free is the first step in eliminating your debt. However, with so many options and companies in the industry, it can be overwhelming to choose the best option. Luckily, bestdebtcompanys.com has already done the hard work of compiling and ranking companies so you can make the best choice for you. If you’re interested in getting started right away, check out our top-rated debt consolidation companies or our top-rated debt settlement companies.

Debt settlement vs. debt consolidation

Perhaps the most significant choice you have to make when getting rid of debt is to decide whether debt settlement or debt consolidation is right for you. The main difference is that debt settlement companies negotiate with creditors to help settle your debts for less than you owe. This option is most often used when dealing with a substantial debt owed to a single creditor, but you can also use this option when dealing with multiple creditors.

Debt consolidation is the combining of debts from different creditors and taking out a loan to pay them all in one payment, ideally at a reduced interest rate. For a more in-depth look at the differences, check out our article that explains the pros and cons and differences between debt settlement and debt consolidation.

Unsecured vs. secured debt

There are many misconceptions about which type of debt qualifies for relief. You may have noticed on different company pages we mention the terms “unsecured debt” and “secured debt.” It is important to understand the differences between the types of debt. The type of debt you want to eliminate will influence what company or program you’ll be able to use to become debt free.

Unsecured debt

Unsecured debt is debt not backed by an underlying asset, like your house or property. The most common kinds of unsecured debt include credit card debt, payday loans, and medical bills. Since unsecured debt has no collateral tied to it, creditors can’t take anything that belongs to you. They would have to sue you and obtain a court order before they could seize any of your possessions. Defaulting on an unsecured debt also has a significant impact on a credit score.

Secured debt

Secured debt is any debt backed by an asset. The most common types of secured debt include home loans and car loans. These debts are secured because if you default on your loans, the bank can take possession of your assets, like your car or home. Secured loans are considered less risky because they are tied to an asset, so banks generally don’t lose money. Secured loans tend to have lower interest rates as well.

Student debt

Student debt is technically considered an unsecured loan because it isn’t tied to an asset. For example, a lender can’t take back someone’s education. There are two different types of student loans: private and federal. Private loans are financed by banks, while federal loans are financed by the government. Each type of loan has different qualifications and rates. Student debt relief companies offer refinancing and consolidation for those looking to manage their student debt.

Credit counseling

Another benefit of using a debt management program is the access to credit counselors and education programs to help you identify the causes of your financial troubles. Credit counseling helps consumers understand the behaviors that led them to their current financial situations, so hopefully, they can change those behaviors and live a debt-free life. Most credit counselors provide solutions that you can take with you after completing the program.

Tax debt relief

Tax relief companies help those who either struggle to pay or cannot pay their taxes. These companies help consumers reduce the level of tax debt, stop wage garnishments, and walk customers through audits and reaching tax relief agreements with the IRS.

Debt collectors

While researching the best company to help you become debt free, you may still have to field phone calls from debt collectors. Many collectors try to catch people off guard and unfortunately can take advantage of people by talking fast on the phone. Because of the Fair Debt Collection Practices Act, debt collectors have to send consumers a written notice within five days of making contact. The letter must detail how much is owed, the identity of the creditor, and what measures consumers should pursue if they dispute the notion that they are in arrears. If you receive a call, request that this letter be sent for your review before your next phone call.

Keep a detailed record of all letters and phone calls received from debt collectors. Again, there are certain practices that debt collectors must adhere to and keeping a record of every interaction with the collector will make it easy to see if they are stepping out of line. Debt collectors are not allowed to use foul language, call a place of employment if they have been instructed not to do so, or engage in harassment through repeated calls. For more of our tips about how to deal with debt collectors, please see our blog post on the topic.

Hopefully, this overview has helped you feel empowered to take the next step in choosing the right partner for you to help you on your journey to financial freedom. Check out our expert reviews of the top-ranked debt settlement companies, debt consolidation companies, and tax debt relief companies.


Frequently Asked Questions

How do debt relief options affect your credit?

The debt you carry makes up just under one-third of your credit score. So by paying off debt, especially credit card debt, you will see an improvement in that part of your score. How much it will affect your credit score depends on what your credit score looks like now. If your payment history always shows on-time payments, it might be affected more than someone who is already delinquent on their payments.

What is the difference between debt settlement and debt consolidation?

Debt settlement companies negotiate with creditors to help settle your debts for less than you owe. This option is most often used when dealing with a substantial debt owed to a single creditor, but you can also use this option when dealing with multiple creditors.

Debt consolidation is the combining of debts from different creditors and taking out a loan to pay them all in one payment, hopefully at a reduced interest rate. For a more in-depth look at the differences, check out our article that explains the pros and cons and differences between debt settlement and debt consolidation.

What is the best debt relief program?

The best debt relief program for someone else might not be the best program for you. It depends on what type of debt you are looking to get rid of as well as the amount of debt owed. Take a look at our top-ranked companies to learn what company and program is the best fit for you.

What is the best debt relief company?

The best debt relief company for you depends on what type of debt you have and how much you owe. The companies on our site have helped individuals get out of hundreds of millions of dollars in debt. We rank these companies based on several different factors including monthly fees, interest rates, availability and more. Check out the list of top-ranked debt relief companies to find the best debt relief company for you.

Do debt relief programs work?

Yes, debt relief plans do work. However, you need to make sure you choose the right program and right company for you and your type of debt. With the right company, you will be debt free within a reasonable amount of time and at a reasonable cost. Read our expert reviews to make the best decision for you and your situation.