America Debt Resolutions has been in the business of settling unsecured consumer debts since 2006 and have over 30 years of experience in settlement and finance.
America Debt Resolutions offers a debt settlement program providing consumers with some beacon of light when they are under financial hardship. The company provides a free no-risk, no-obligation consultation where an enrollment specialist will assess the financial hardship of each consumer and determine if their services will help carve a path to financial freedom.
This company charges competitive service fees ranging between 16-21% of the total debt you enroll and operate on a guarantee that no money will be charged to the client unless they are able to successfully negotiate a debt. Service fees will be listed in a client agreement and a predetermined amount will be paid monthly to an FDIC insured escrow account. Once enough funds are accumulated their professional team of arbitrators will contact creditors to negotiate and settle debts. After clients agree to the settlement amount, they pay the creditor and service fees to American Debt Resolutions using the money stored away in the escrow account.
One aspect setting this company apart is each consultant working for the company is salary based. By avoiding commission based employees, this allows consultants to focus more on clients and less on their wallets. They provide a guarantee to provide dedicated arbitration support after completion of the program and upon request will obtain outstanding zero balance letters on the clients behalf.
We appreciate this company taking the time and resources to become fully accredited with the AFCC (American Fair Credit Council) in their seventh year, and FTC compliant.
Additionally, ADR provides a dedicated team of client relations coaches who will work with each individual on a monthly basis. Every four to six weeks coaches reach out to provide updates to enrolled client accounts, which are also accessible via an online client portal.
This company also promises to keep personal and valuable information safe, never outsourcing any personally identifiable information to third-party sites. Many of their competitors state in the fine print they will sell, trade, or use personal information to their third-party affiliates, so this is certainly another aspect we highly appreciate.
Highlights to this company include:
- Competitive service fees starting at 16%
- 30 years of industry experience
- AFCC and IAPDA accredited and certified
- Full company transparency
- Free consultation
With any debt settlement companies risks involved, such as tax, lowered credit scores, and possibility of litigation.
We would like to any sort of minimum debt requirement from American Debt Resolutions. We would also like to see any sort of money back guarantee from them.
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