Debt can accumulate in various ways including relying to heavily on credit cards, loans, payday loans mortgages, medical bills and unemployment. When debt becomes unsustainable, it can lead to a situation where only bankruptcy or debt consolidation are your only options.
Debt consolidation is often the solution of choice for those heavily in debt. There are numerous debt counseling companies in the US that can help people in financial difficulty with an affordable debt consolidation loan. See this debt consolidation FAQ to learn more about debt consolidation.
We have set out a list of the 10 best debt consolidation companies in the USA who can provide you an affordable loan if you have over $10,000 in debt and is becoming unsustainable for you to continue living a decent standard of living.
10 Best Debt Consolidation Companies 2016
10) American Debt Enders
American Debt Enders have been in business for over 9 years and have been acting as a channel for people who are in debt with unsecured forms of debt and provide solutions from their network of debt settlement programs. These debt counselors offer free consultations, have no upfront fee, however, they are not rated by the Better Business Bureau (BBB).
9) Pacific Debt Inc.
Founded in 2002, Pacific Debt Inc. are known to have settled millions of dollars worth of debt over their years in business and have a good reputation. The company offer free consultations, however they charge between 17 – 20% of the total enrolled debt. Pacific Debt Inc is an A+ rated company with the BBB.
8) Clear One Advantage
Clear One Advantage have resolved over $1 billion dollars in debt since they were founded. Fees vary on the amount of debt enrolled.
The debt counselling company is A+ rated by the BBB and are accredited by the Association of Family and Conciliation Courts (AFCC) and by the International Association of Professional Debt Arbitrators (IAPDA).
7) Freedom Debt Relief
This 2002 founded debt counselling firm have resolved over $4 billion dollars worth of debt via their debt settlement program. The company is well respected but known to be more expensive to deal with when compared to other debt consolidation companies.
Debtmerica will deal with credit card and other forms of unsecured debt. The company is IAPDA and AFCC accredited.
5) Superior Debt Relief
One of the unique selling point of this debt consolidation loan company is their aim of getting clients out of debt in 12-36 months. This focus on time to relieve debts does make the company look like a good solution to get out of debt quicker. Loan rates are higher as a result however.
Superior Debt Relief is not an AFCC accredited company as of the time of writing this debt counselling review.
4) Premier Debt Help
Premier Debt Help is a leading debt counselling company that offer a higher than average debt reduction rates. The reduction rate of this company is relatively higher than most other debt consolidation companies.
3) Accredited Debt Relief
One of the benefits of using Accredited Debt Relief is the fact that they offer services in 49 states which is the the most of any debt counselling companies in the USA. The debt relief on offer is somewhat lower than other similar companies.
CuraDebt is one of the most reliable debt counselling companies in the USA offering debt consolidation. With over 15 years offering debt settlement services, the company are AFCC and IAPDA approved and A+ rated BBB.
Read full review of CuraDebt
The CuraDebt customer service is second to none and they offer free consultations. Simply go to the company website and fill in your details and you will be given a free consultation regarding your financial situation.
1) National Debt Relief
National Debt Relief offer the highest debt reduction averages, offering over 30% of total debts. For this reason National Debt Relief is recommended as the best consolidation loan company within the USA.
National Debt Relief do not require any monthly fees for their debt consolidation services.
National Debt Relief offer free consultations and free quotes by simply filling your details in their website.
Debt consolidation could be your perfect solution for getting out of debt. Contact the debt consolidation companies listed above via their websites to get a better idea of which option is best for you. It is advised that you try at least two to get a comparison in regards to the consolidated loan rates.