To find a debt relief solution that works for you, it’s important to compare your options. This comparison of ClearOne Advantage vs Americor will help you decide which lender is right for you, depending on your needs.
ClearOne Advantage Review: Ranked #1 for Credit Card Relief and Debt Consolidation
ClearOne Advantage helps people get out of unsecured debt by lowering their monthly payments. Several organizations have ranked them #1 in the debt consolidation loan category for their customer loyalty group. There may be a solution to your debt problems with ClearOne Advantage. The purpose of this ClearOne Advantage review is to learn about their services and what their customers have to say about them.
Have you been struggling with unmanageable debt? ClearOne Advantage may be able to assist you. Thousands of clients have been helped by the company since 2008. Recently, ClearOne Advantage has received a lot of attention. Is this the right company for you?
A closer look at their website and terms and conditions revealed some interesting findings. The following are some of the more notable things.
- A+ rating from the Better Business Bureau and a client satisfaction score of 9 out of 10.
- It is free to use their services until your enrolled debt is reduced and you save money.
- To save you money, they will create a monthly payment plan that suits your budget.
- It is expected that clients who stay with the program and pay all their debt will save between 50 and 70 percent for 24 to 60 months.
- Clients of the company have repaid more than $3 billion in debt.
- You can access all your account information through a self-service client portal available 24/ 7.
- They also offer budgeting tools, debt guides, and articles.
- Accredited member of the Consumer Debt Relief Initiative (CDRI)
- Debt settlement company with the best reputation.
- An award-winning customer loyalty program.
- The company does not accept real estate-backed secured debt.
ClearOne Advantage: What is It?
You may be able to benefit from ClearOne Advantage if you are struggling with debt. They are a leading debt settlement company that has assisted thousands of clients in resolving their credit card debts and other unsecured debts since 2008.
You won’t have to pay anything upfront. You can tailor your debt relief plan to fit your budget with ClearOne Advantage. To pay back a reasonable portion of your bills – at a level that is acceptable to you – their certified debt specialists will negotiate with your creditors lower final payment amounts.
Call 888-340-4697 or email [email protected] to reach the company in Baltimore, MD.
How Does This Company Work?
Relief from debt doesn’t have to be difficult, but it can seem daunting at first. ClearOne begins with a debt analysis and savings estimate. They will help you find a realistic repayment plan that fits your budget with the help of one of their Certified Debt Specialists. The process usually takes less than 20 minutes and can be completed over the phone or online.
We know that no two situations are the same, so your debt relief analysis will show you exactly what ClearOne can do for you.
After You Sign Up, What Happens?
In their program, you will pay a reduced monthly amount into an FDIC-insured bank account in your name. A monthly payment to your creditors will be made from this account, which can be as much as 40% less than what you currently pay.
As your fund balance grows, ClearOne Advantage will begin negotiating on your behalf with your creditors. You can use this process to get back on track, improve your financial situation, and be qualified for a debt consolidation loan without the need for debt resolution services.
How To Qualify For ClearOne Advantage
It is impossible to find a debt solution that fits all. Others may find a monthly payment through debt settlement companies more suitable than bankruptcy or credit repair services. The debt settlement process can be used in a variety of financial situations due to its flexibility.
Saving money for a lump-sum payment is necessary for a debt settlement plan. Setting aside 1.5% of your total debt each month is a good rule of thumb. An individual who owes $30,000 in unsecured debt should be able to consistently set aside $450 per month. Approximately three years would be the duration of the program.
ClearOne Advantage BBB Reviews
In addition to having an A+ rating on the Better Business Bureau, ClearOne Advantage has been accredited by the BBB since 2014. They have an average of 472 customer reviews with almost no negative feedback, so you can be sure that you are dealing with a trusted company.
Here are some positive reviews:
Ruthie J 07/09/2022
Tammy J. 04/16/2022
Kimberly V. 03/01/2022
Tara R 02/04/2022
See If You Qualify for Credit Card Relief
See how much you can save every month — plus get an estimate of time savings and total savings — with your very own personalized plan.
How Much Can You Save With ClearOne Advantage?
You may be able to get back on track with your monthly payments by using ClearOne Advantage and save an average of 50% on your obligations before fees. You could save money if your creditors are willing to negotiate with you and if you have a large amount of debt. Check out the customer reviews.
How Much Does This Company Charge?
With ClearOne Advantage, a leading debt settlement company, there are no hidden fees. Once a settlement has been reached and approved, you only have to pay their fee. In addition, they only get paid after at least one of your monthly settlement payments has been made. Since every case is different, their fees and costs vary accordingly.
How Does It Affect Your Credit?
Settlements that are less than what you owe on your credit card debt will appear as black marks on your report. Lenders often consider credit scores and past payments when making lending decisions, which can create problems when you need to borrow again in the future.
How To Cancel ClearOne Advantage?
Before signing any contracts, make sure you know your rights and options before speaking with a debt settlement consultant. The company can quickly release you from a debt settlement contract if you request it in writing.
Having trouble making ends meet? Getting back on track may be easier if you follow these tips.
- You can stay on track by creating and sticking to a budget.
- In addition, you may want to discuss your options with a financial advisor who can help you develop a plan that is tailored to your situation.
- Finally, even if you are already in debt, don’t worry too much about it. Companies are often willing to work with customers to create a more manageable payment plan. If you would like more information, please contact their customer service team.
ClearOne Advantage: Is It Legit?
A reliable and reputable company is also one of the best reasons to choose ClearOne Advantage. With an A+ rating from the Better Business Bureau and accreditation since 2014, most customers are satisfied with their services.
Americor Review: Is It Legit Or A Scam?
The debt relief services offered by Americor are designed to help you deal with your debts. Whether you are looking for debt settlement, debt consolidation, or a line of credit, we can help. It is on Amercor.com that they advertise the services they offer.
The companies with whom we do business must be held to a high standard of quality as consumers. Americor has a three-star rating based on our research.
Interested in consolidating your loans and getting a lower interest rate? You may have received an offer from Americor if this is the case.
The debt consolidation loans offered by Americor have low-interest rates. They may have mailed you a pre-approval letter offering you a loan of $44,926 at 0% interest. You might think this is a great deal, but keep in mind that it might not be as good as it seems at first glance.
Take a closer look at the loan terms to see if any potential problems are apparent.
- Line of credit with 0% APR for the first 12 months; your rate may change after that depending on how you perform during those 12 months. The rates will range from 5.99% to 24%.
- The program fee ranges from 15%-25% of your enrolled debt at the time of enrollment.
- Before a bona fide settlement offer can be made, clients must save at least 25% of each debt owed to an enrolled creditor.
More issues emerged as we read Americor’s website’s small print.
- After enrollment, clients receive their first settlement approximately four to seven months after enrolling and approximately every three to six months thereafter.
- There is no guarantee that your debts will be settled for a specific amount or percentage or in a specific timeframe.
- Creditors or collectors may try to collect from you or sue you.
- Likely, using debt resolution services will negatively affect your credit score.
- Some programs may be available through Higbee & Associates d/b/a Advantage Law.
Americor: What is It?
Located in Irvine, California, Americor provides debt relief services. Over $2 billion in debt has been repaid by the company. Since November 2015, the company has been accredited by the Better Business Bureau with an A+ rating. Over 14 years have passed since they opened their doors. On September 9, 2022, the company had 145 complaints filed against it and 1,884 reviews from customers.
You can reach the company at (800) 353-4576, which is located at 18200 Von Karman Ave FL 6, Irvine, CA 92612-1023.
The company is affiliated with Credit9 and Fast Loans Funding.
How Does This Company Work?
It usually takes 24 to 48 months for debt settlement to be completed. In addition to personal loans, credit cards, medical bills, overdue rent, and past-due utility bills, Americor is willing to accept a variety of unsecured debt. You must have at least $10,000 in debt to begin the process with Americor.
Clients must save at least 25% of each debt due to participating in their debt settlement program. Most of their clients receive their first settlement offer four to seven months after enrolling and then every 3-6 months from the time the previous debt was settled. The program is not completed by all clients. Results may differ from estimates based on prior results.
They can’t guarantee that your debt will be cleared for a specific amount or percentage or within a specific timeframe. You cannot expect them to assume your obligations, make monthly payments to creditors, or provide tax, bankruptcy, accounting, legal, or credit repair advice. They do not offer their program in all states; fees may vary. Some programs may be offered by the Law Firm of Higbee & Associates d/b/a Advantage Law.
What Are The Fees For It?
There are some fees associated with Americor depending on the amount of debt you have when you enroll in the program. In most cases, fees are a percentage of the amount of debt that you have enrolled in, ranging from 15% to 25%. It is important to note that state fees may vary.
How Much Does Americor Save You?
Americor can be able to help you reduce the amount of money you owe on your debt by a significant amount. When their clients follow the program’s instructions to the letter, they are typically able to save between 40-50% of their total enrolled debt upon successful completion of the program. This is before any fees associated with the program are taken into account. There is a possibility that fees could range from 15% to 25%.
How Much Debt Can You Enroll In Americor?
Americor will consolidate your debts if you have at least $10,000 in unsecured debt. This includes debt owed on credit cards, medical bills, and personal loans. It is still possible for you to enroll in Americor’s debt consolidation program if your debt is less than $10,000.
Americor offers a free debt consolidation or debt settlement consultation to help you decide. You will be reviewed by a certified credit counselor during the consultation and given options based on your financial situation.
How Does It Affect Your Credit?
Americor will conduct a “soft credit pull” to determine whether you might be eligible for one of the offers. This credit pull will not impact your credit score, creditworthiness, or ability to obtain credit from other sources. As the soft power entry is not a tradeline entry, it will not be reported against your score as it is not a tradeline entry.
How To Use Americor Website
You can manage your finances with Americor. With it, you can consolidate your debt, obtain a lower interest rate, or even eliminate it. Anyone who wishes to organize their financial affairs should take advantage of this resource.
Americor can be used as follows:
- You will be prompted to schedule a call with a representative after submitting basic information on the website.
- Americor will provide you with a list of options based on your proprietary platform’s specific requirements.
- The next step is to follow the instructions and make the payment once you have selected the appropriate option.
How to Cancel Americor
Step 1: Inform your creditors and debt settlement company that you intend to cancel your agreement
You must notify both parties unless your debt settlement agreement has expired. It is possible to incur penalty fees if you cancel prematurely. Debt settlement companies can waive this fee in some circumstances.
Step 2: Request cancellation steps from the Company.
If you wish to cancel your debt settlement contract, you must follow the company’s cancellation procedure. The majority of companies will provide you with the necessary steps. In most cases, you will be required to continue making your monthly debt payment unless otherwise stated.
Step 3: Pay the final amount.
You may be required to make a final payment to exit the debt settlement process. If you terminate the contract without making this payment, you may be legally bound.
Step 4: Connect with your creditors.
Now that you are no longer working with a debt settlement company, you should contact your creditors. If you intend to repay the debt, you will need to inform them of your plans. The two options available to you are to renegotiate a new debt payment plan or to adhere to the original agreement. If you have missed a payment or owe one, make sure you catch up.
Who is Americor Affiliated With?
Among the debt relief companies affiliated with Americor are Credit9, Credit 9, Apply Credit 9, and Credit 9 Lending.
The Better Business Bureau (BBB) received 145 complaints against Americor in the last three years, 46 of which were resolved within the previous year.
Here are some reviews:
Paul A 04/04/2022
Alison D 03/28/2022
Jillian F 03/21/2022
Mark G 08/18/2022
Sylvia S 08/15/2022
Sahar X 08/14/2022
Americor: Is It Legit?
You may wonder if Americor is a reputable company if you are considering using it to consolidate your credit card debt. Many Debt Relief companies out there are nothing more than scams.
How about Americor? Does it offer legitimate debt relief, or is it a scam?
Our knowledge is as follows:
- Since 2008, it has been in business as a debt relief company.
- Among the services offered by the company are debt consolidation and debt settlement.
- The Better Business Bureau (BBB) has accredited Americor and given it an A+ rating. Additionally, it is affiliated with the American Fair Credit Council.
- In the last three years, the BBB has received over 100 complaints about Americor.
- Billing and collection issues account for the vast majority of complaints against Americor.
What does all this mean?
It is a positive sign to know that they are accredited by the Better Business Bureau and have an A+ rating with the organization. Americor receives the majority of complaints about billing and collection issues, as well as service issues.
If you are considering using Americor for Debt Consolidation or Debt Settlement, we recommend that you research the company to make sure that they are a good fit for your needs.