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Consolidated Credit Reviews

Consolidated Credit

Consolidated Credit offers transparent pricing and company information. The company is available in all states and is great for credit card debt.

Our Score
9.2
User Score
9.4

Mon-Fri from 9am - 5pm (EST)   1-(888) 538-4192

Our Score
9.2
User Score
9.4
Rank this Company

Ratings Breakdown

Price

monthly price range
Up to $69

Up-Front Fees

setup & activation fees
Up to $49

Free Consultation

is one included?
Yes

Time in Business

total # of years
26 years

Credit Counseling

do they offer credit counseling services?
Yes

Certified Credit Counselors

are there certified counselors on staff?
Yes

ISO Certified

is this business ISO certified?
Yes

Number of Reviews

User reviews here on BDC
425

This Review is maintained by Chase Sagum

Review Last Updated: April 15, 2019

The Good

  • Low-interest rate
  • Available in all 50 states
  • No cancellation fees

Low-Interest Rates

Most consolidation companies do not reveal their interest rates online or over the phone until they know you are interested. While Consolidated Credit does not display their interest rates online, they told us they could get interest rates down to 6 to 10 percent on each credit card. This is just one of many ways that Consolidated Credit is more transparent than other debt management companies in the industry.

Benefits

Almost everyone who leaves a review of their experience with Consolidated Credit is overly appreciative of the courteous and knowledgeable credit counselors. Many reviewers are also happy with the time it takes to pay off their debts. In most cases, and depending upon how a debt management plan is executed, debt settlement will not negatively impact consumers’ credit scores. Credit reports are based on how the debt settlement is reported to creditors.

  • Transparent, low-interest rates
  • Certified counselors
  • ISO and AICCCA certificates
  • Available in all U.S. states
  • Cancel at any time with no fees

Get started with Consolidated Credit

The Bad

  • Higher than average up-front fees
  • Negative reviews

High Up-front Fees

Compared to other debt consolidation companies, Consolidated Credit has a slightly higher up-front origination fee – $69. Of the companies we reviewed that give out up-front fees, we found that the average payment is $56. Keep in mind that this is a one-time fee, and is only slightly higher than what other debt consolidation companies are charging.

Negative Reviews

Negative reviews of Consolidated Credit are much more difficult to come by than positive ones. However, some customers said they wish they could have an up-to-date balance of their accounts. One reviewer said she had trouble with the payment due each month.

The Bottom Line

Consolidated Credit is transparent about who runs the company, their prices, and what states they are available in. Finding a debt consolidation company that is up-front about all of this information and more is rare in the consolidation industry. You can find Consolidated Credit reviews at the bottom of this article.

One of Consolidated Credit’s certified debt counselors will be able to give you exact pricing for your unique situation without any fees. We recommend working with Consolidated Credit for any credit card debt you find yourself in.

About Consolidated Credit

Consolidated Credit is a true consolidation company that focuses on combining all credit card debt into one monthly payment at a lower interest rate to help you improve your financial situation. In one customer experience, their debt consolidators were able to help a customer consolidate $50,000 credit card balances into one monthly payment and reduce their interest rates from 29 percent to 6 percent. On top of debt consolidation, Consolidated Credit also offers services with budgeting, credit counseling, financial distress from life events counseling, financial advice, and housing counseling. They have a long, 25-year history, which is more than your average debt settlement company. See below for Consolidated Credit Reviews from consumers.

Contact Information

Website: www.consolidatedcredit.org
Email Address: Contact Form
Hours: Monday-Thursday 8 AM to 10 PM EST; Friday-Saturday 8 AM to 8 PM EST; Sunday 9 AM to 5 PM EST
Address:5701 West Sunrise Blvd., Fort Lauderdale, Florida 33313

 Time in Business

Consolidated Credit has been in business since 1993. Their website states that they have served over 6.5 million customers since opening their doors.

Debt Education

Consolidated Credit has several sections on its website devoted to helping consumers understand how to handle their personal finances properly. The credit company provides an FAQ page that answers inquiries about debt settlement programs, credit score repair, loans, fees, and interest rates.  Under the “personal finances” tab, you can find an introduction to budgeting, a section on budgeting for college students, and a section on budgeting for kids. Along with these sections, the website also offers advice on preparing financially for major life events. Another section on the website is geared toward helping consumers understand what credit is, how to repair their credit, how to understand credit history, and even a section on helping people who are new to the United States establish credit. The website’s information on buying homes and its glossary of financial terms are also tools Consolidated Credit uses to educate consumers about their personal finances.

Money-Back Guarantee

No they do not offer any money-back guarantees or refunds.

Unsecured vs. Secured Loans

Consolidated Credit only handles credit card debt, which is an unsecured debt. The company website states, “Secured debt refers to a situation where the money borrowed or credit line extended requires some type of collateral. Secured debts like a mortgage or auto loan cannot be consolidated on a debt management program or using any other type of debt consolidation. However, secured credit cards – where you put a cash deposit down to open the credit line – can be included on the program.”

Mobile-Friendly Site

Consolidated Credit’s website is mobile friendly and easy to navigate. The mobile site clearly displays their contact information, the option for getting a free debt consultation, and a free financial tips section. The mobile site does not include all the same details and features as the desktop computer site, but it has enough options that consumers can easily use their basic services on their phone.

They also offer a budgeting app for mobile phones. We love their tools offering.

 Services Provided

Consolidated Credit offers the following services: debt management, credit counseling, credit card debt advice, and personal financial help. They also have an entire specialized section of services for financial problems associated with housing. The housing services they offer consumers include foreclosure prevention counseling, mortgage payment assistance, reverse mortgage counseling, and homebuyer education and counseling. In addition, they offer online seminars about housing, and the company’s Housing Counseling Team meets with people near Fort Lauderdale, Florida, to provide advice on buying a home.  Their website also features a housing and mortgage glossary to help new homeowners or potential home buyers become acquainted with financial definitions.

Online Dashboard

An online dashboard is available for account holders. Customers are given a login and are able to see the status of their account 24/7.

Are there any inaccuracies in this review? We take our accuracy very seriously and would love your feedback. Give feedback here.

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We'll Introduce you!

Call our recommended rep over at Consolidated Credit below.

1-(888) 538-4192
Or you can visit their site by clicking here.

425 Consolidated Credit Reviews

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    Sort By:

  1. User Score
    10
    October 11th, 2016
    1 people found this review helpful!
    Tatyana was very helpful and answered my question.
    Read More
  2. User Score
    10
    October 11th, 2016
    0 people found this review helpful!
    Bonita was the best . After finish talking to her about canceling my services I felt great ,it’s a big burden lift off my shoulder . She was very helpful!
    Read More
  3. User Score
    10
    October 7th, 2016
    1 people found this review helpful!
    Tatiana was excellent! I called to update balances on my account, she was friendly and very helpful.
    Read More
  4. User Score
    8
    October 3rd, 2016 Radford, VA
    0 people found this review helpful!
    They were really helpful in answering all my questions.
    Read More
  5. User Score
    9
    September 30th, 2016 Poolesville, MD
    0 people found this review helpful!
    Great people to work with
    Read More
  6. User Score
    10
    September 30th, 2016 Albuquerque, NM
    0 people found this review helpful!
    Easy to work with. Made it work as advertised.
    Read More
  7. User Score
    10
    September 29th, 2016 Jonesboro, GA
    0 people found this review helpful!
    Serena provided excellent customer service. She went over and beyond.
    Read More
  8. User Score
    10
    September 28th, 2016 Yuma, AZ
    0 people found this review helpful!
    TATIANA WAS VERY HELPFULL SHE ANSWERED ALL MYQUESTIONS AND WAS VERY NICE
    Read More
  9. User Score
    10
    September 28th, 2016 Union City, NJ
    0 people found this review helpful!
    Thank you for helping me update my accounts and understand how to properly pay them off sooner.
    Read More
  10. User Score
    10
    September 27th, 2016 Spotsylvania, VA
    0 people found this review helpful!
    Easy & helpful!
    Read More
  11. User Score
    10
    September 26th, 2016 Glenside, PA
    0 people found this review helpful!
    This was such a smooth process from beginning to end. Thanks so much for everything.
    Read More
  12. User Score
    10
    September 25th, 2016 Enfield, CT
    0 people found this review helpful!
    Consolidated credit is always quick to notify you of any changes about your account I’m very happy with their service.
    Read More
  13. User Score
    10
    September 23rd, 2016 Roanoke, VA
    0 people found this review helpful!
    My name is Jessica! I started with Consolidated Credit in 2014 and it has helped me pay my debt down. I started with around $4,300 in credit card debt and I am now down to $2,200. I am so pleased with the service that is provided. Consolidated credit is so easy and it just makes sense!
    Thank you!

    Jessica

    Read More
  14. User Score
    10
    September 23rd, 2016 Brooklyn, NY
    0 people found this review helpful!
    I love consolidated credit my set went from 10-11k to 5-6k in 1-2 yes best thing I ever did
    Read More
  15. User Score
    9
    September 23rd, 2016
    0 people found this review helpful!
    Spoke with Bonita who was professional. She expedited my customer service needs. I would recommend their services based on continued exceptional customer service.
    Read More
  16. User Score
    10
    September 22nd, 2016 Alexandria, VA
    0 people found this review helpful!
    This service has really helped me in getting my debts paid. It was easy and the pay off time went faster that I expected. I am completely satisfied with Consolidated Credit.
    Read More
  17. User Score
    9
    September 21st, 2016 Raleigh, NC
    0 people found this review helpful!
    She was very knowledgeable and helpful.
    Read More
  18. User Score
    10
    September 20th, 2016 Pompano Beach, FL
    0 people found this review helpful!
    I have received excellent service from Consolidated Credit since I began working with them in 2014. They are very professional and answer any questions I have. They also provide consistent follow up.
    Read More
  19. User Score
    10
    September 19th, 2016 Albuquerque, NM
    0 people found this review helpful!
    Very easy and helpful.
    Read More
  20. User Score
    10
    September 19th, 2016 Palatine, IL
    0 people found this review helpful!
    I loved the way Bonita spoke to me, she was very professional. She took her time to explain things to me. Bonita allowed me to ask questions and she did not cut me off.
    Read More
  • 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.

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Our Score
9.2
User Score
9.4
Rank this Company

Ratings Breakdown

Price

monthly price range
Up to $69

Up-Front Fees

setup & activation fees
Up to $49

Free Consultation

is one included?
Yes

Time in Business

total # of years
26 years

Credit Counseling

do they offer credit counseling services?
Yes

Certified Credit Counselors

are there certified counselors on staff?
Yes

ISO Certified

is this business ISO certified?
Yes

Number of Reviews

User reviews here on BDC
425
Our Score
9.2
User Score
9.4
Rank this Company

Ratings Breakdown

Price

monthly price range
Up to $69

Up-Front Fees

setup & activation fees
Up to $49

Free Consultation

is one included?
Yes

Time in Business

total # of years
26 years

Credit Counseling

do they offer credit counseling services?
Yes

Certified Credit Counselors

are there certified counselors on staff?
Yes

ISO Certified

is this business ISO certified?
Yes

Number of Reviews

User reviews here on BDC
425