Accredited Debt Relief
Pro: Nationally accredited; great customer reviews
Con: Only available for 36 states
Call now for your free consultation 1-(866) 819-5224
Accredited Debt Relief (ADR) offers an array of services to those who find themselves in too much debt. Services offered includes credit counseling, consolidation, debt management, and debt settlement. As with all FTC regulated debt settlement companies, the ADR charges no fees until they reach a settlement agreement for you. According to the Accredited Debt Relief website, clients that make all of their monthly payments pay roughly 50% of their total enrolled debt before fees. After the fees, they will pay anywhere between 68% to 75% over a 3 year period.
This review we will focus on Accredited Debt Relief’s debt settlement program.
ADR has excellent accreditations. The company is accredited with the AFCC, and IAPDA. These accreditations and certificates hold ADR to a higher standard, making them a trustworthy company to go with for debt settlement needs. Company representatives of Accredited Debt Relief (ADR) offer a free consultation designed to help people in debt understand where they are financially and what options they have for getting out of debt. In review after review of ADR, we see people praising them for their knowledgeable staff. Not only that, because debt settlement can be a sensitive topic, many reviewers reported how comfortable ADR representatives made them feel. In fact, the biggest complaint people had was they wished they had called ADR sooner. Pricing for Accredited Debt Relief varies by state. In general, you will pay anywhere between 4-8% annually of your total debt. The most that Accredited can legally charge a consumer is 25%. Most consumers typically pay between 15-25% (according to the company’s website).The Good
Accredited Debt Relief Highlights
Excellent National Accreditations
Free Consultation Offered
Positive User Reviews
Services from ADR are only available in 36 states. You also have to settle at least $10,000 to even qualify for ADR’s services. This severely limits the population who can use ADR. Additionally, ADR has only been in business since 2008, which may be a concern for those looking to work with the most established companies with longer track records. We did find isolated reports from a couple of people who contacted ADR and wished the company had explained the entire settlement process, specifically what to expect in more detail. However, these experiences do not seem to be the norm. Accredited Debt Relief is a great option for those who find themselves with over $7,500 of debt. The company offers relatively low fees ranging between 15-25%. The company offers a free consultation and an online dashboard to help you track your progress. Overall, we recommend working with Accredited Debt Relief.The Bad
The Bottom Line
Contact Information
Website: accrediteddebtrelief.com
Hours:
Monday- Friday: 7:00 AM – 7:00 PM Pacific
Saturday and Sunday 8:00 AM – 5:00 PM Pacific
Address:
591 Camino De La Reina, Suite #818
San Diego, CA 92108
Time In Business
ADR has been in business for 12 years, and was founded in 2003.
Debt Education
There were no interactive tools on accrediteddebtrelief.com for potential clients to use, nor was there any indication that kits or workbooks might be available. They do, however, offer credit counseling services and consultations so they have somewhat of an educational offering. We would like to see them offer more training available on their site in addition to a blog.
Mobile Friendly
The website is mobile friendly. No mobile app is available for this company.
Cancellation Policy
Clients are allowed to terminate the program at any time. Charges are levied only for accounts that have been resolved.
Types of Services Available
It’s a bit hard to determine which services this debt relief company actually offers. The website lists the following services: Debt Consolidation, Debt Settlement, Debt Management, Credit Counseling, Bankruptcy. ADR will also offer help with creditor calls from lending companies, collection agencies, etc.
Online Dashboard
When a customer creates an account with Accredited Debt Relief, a personal client portal is set up so the customer can check the status of their account 24/7. This allows them to stay informed of any updates and settlement amounts.
Accreditations
Accredited Debt Relief is a member of the American Fair Credit Council(AFCC) and IAPDA.
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User Score04 people found this review helpful!It is unbelievable the lack of respect I received from Nick L, by ignoring all my emails and calls, even though I qualify for the program. This is lack of professional standards for the customer, and a Army Veteran being ignored is terrible I sacrificed my happiness for the freedom of people such as Nick to treat me like this. It’s sad really but not surprising because that’s how a lot of us get treated. I can’t thank you or say anything positive and I’m sorry.Was this review helpful? YesRead More
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User Score04 people found this review helpful!This company is terrible! Don’t know how they get an A rating. Must have paid them for this rating. In Jan ’15 I signed up with this company through Rich Hibner as my agent. As of Feb ’15 none of my bills were being paid. I would question Rich on this. He never gave me a direct answer making me believe that everything is in good order. Finally in June ’15 none of my charge cards had even started to be getting paid. I cancelled. The worst part two of my charge cards charged off and gave me bad credit. I have never once had bad credit in my life. I had always maintained upper 600’s-mid 700’s credit score. This has ruined my daughter’s choice of medical school, buying a car, renting and owning a house.,etc. DO NOT GO THROUGH ACCREDITED DEBT RELIEF. BBB IS SO WRONG! In the meantime I went through Money Market Internatiinal. They are very good and an honest company and started paying my bills within a couple weeks.Was this review helpful? YesRead More
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User Score105 people found this review helpful!I was represented by Brandon H who took the time to explain all the steps and process. I had already researched the legitimacy of this company that I felt assured to use them. The process was quite easy and understandable if you have read about your options. Brandon will also disclose them to you in order to be educated and ultimately be empowered to make this important decision.Was this review helpful? YesRead More
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User Score104 people found this review helpful!Ryan was very professional and understood the emotions I was going through. Everything was well explained and all my questions were answered. This is one company that I can really say that they care about their clients and you can feel the sincerity that they want us to achieve our goal to be debt free.Was this review helpful? YesRead More
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User Score105 people found this review helpful!I was a very apprehensive about calling a
debt settlement program but was left with
only one other option. I was lucky enough to
get connected to Shawn. He walked
me through the options and was never
impatient with me and all my Questions.
I am just starting out on this journey and
I hope it’s as good as it sounds.
More comments in the future about my
success.Was this review helpful? YesRead More -
User Score107 people found this review helpful!Kristin was a extremely sweetest person and she has kept me update with everything and she also explained everything to me very clearly to make sure my husband and I understand this debt relief program. She has taken a lot of pressure off out shoulders. Thank you for ur help Kristin!!Was this review helpful? YesRead More
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User Score94 people found this review helpful!Michael was very good at explaining everything and helping me to get started on my settlement. My only problem was myself and it was too much to absorb in such a short-time. Like I said, Michael was great and I look forward to working with him down the road.Was this review helpful? YesRead More
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User Score102 people found this review helpful!i feel very confident in choosing this debt relief program. That a lot of my burdens are off my shoulders. My consultant Carly 4awas extremely helpful. She didn’t make me feel like all these debt issues were my fault. Very understanding to my struggles and why this happened. Not just looking to “make a sale” but genuinely wanting to help those who are struggling. This whole experience of debt trouble is very unsettling, however with people like Carly and this program makes me sure there is a light at the end of the tunnel..Was this review helpful? YesRead More
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User Score101 people found this review helpful!You know I started with three rejections and finally found Accredited Debt Relief and Sam was very welcoming and was a really enthusiastically sounding guy and He was spot on and now im in the program Confident with Sam and Freedom Debt Relief that I will be able to get out of debt and also while doing it with a lot less stress in my life and Sam has giving me Hope that this all pans out and there is an end to my Debt and living Paycheck to PaycheckWas this review helpful? YesRead More
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User Score101 people found this review helpful!I was very satisfied with my experience. Ryan was very informative and understanding and helped me with my questions and doubts.
I am looking forward to becoming debt free and to never again get myself in the same position again.
Thank youWas this review helpful? YesRead More -
User Score103 people found this review helpful!Coming to a realization that you’re about to be swallowed up by a huge wave of debt is frightening enough. Accepting that you know you have to ask for help is even more scary, and really hard to do. I realize the mistakes I’ve made, I don’t need to be shamed into fixing them, I just need help. Meeting Michael at Accredited Debt Relief, was like emerging from the other side of that mammoth wave into a peaceful, calm ocean, with dolphins jumping all around and sea lions clapping. I felt no judgements, no condescension, just a pure desire to help me out of a bad situation. Everything was explained to me clearly, all my options, and the best plan that fit my situation was agreed upon. Any kind of financial decision can seem huge, and scary, but with Michael by my side explaining everything in ways that make sense to me, it’s like we’re just relaxing on the beach making smores over a fire. I would recommend ADR, to anyone who needs financial help, without hesitation. Don’t let your finances get the best of you; the best of you is You with a little help from ADR.Was this review helpful? YesRead More
Blog Post
- 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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235 Accredited Debt Relief Reviews