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Choosing the right debt consolidation company is crucial, whether you need a personal loan or to settle your debt. This article compares ClearOne Advantage vs LendingTree to help you make an informed decision.

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ClearOne Advantage Summary

Do you have a significant debt load? Maybe ClearOne Advantage can be of help. Since its start in 2008, the organization has aided thousands of customers in paying off their enrolled debt. Media coverage of ClearOne Advantage has grown significantly in recent years. But is this the ideal business for you?

After carefully examining their website and terms and conditions, some unanticipated discoveries were uncovered. Some of the most notable objects are shown here.

It has a 9 out of 10 customer satisfaction rating and an A+ rating from the Better Business Bureau.
Their services are free of charge until your recorded debt consolidation loans are reduced and savings are generated.
To help you save money, a cost-efficient monthly payment schedule will be made specifically for you.
Clients who are prepared to stick with the plan and finish their responsibilities over 24 to 60 months stand to save up to 50%.
The business has a track record of successfully assisting its clients in resolving over $3 billion in debt.
A self-service client portal that is available 24 hours a day, seven days a week, allows you to access all of your account information.
Their website provides information, budgeting tools, and in-depth debt assistance.
Participant in the Consumer Debt Relief Initiative (CDRI)
The best reputation in the industry is held by debt settlement.
Awarded Customer Loyalty Group ClearOne Advantage does not accept fully paid secured debt backed by real estate.

What is ClearOne Advantage?

If you are in debt, ClearOne Advantage may be able to help. As a well-known debt settlement organization, they have assisted thousands of clients since 2008 with their credit card bills and other unsecured obligations.

They have no out-of-pocket expenses. With you, ClearOne Advantage creates a unique debt management strategy that complies with your budgetary restrictions. Their qualified debt counselors will negotiate lower final payment amounts with your creditors on your behalf so that you can pay back a reasonable amount of your expenses comfortably.

Contact information for the company may be reached at [email protected] or 888-340-4697. The company is based in Baltimore, Maryland.

How does ClearOne Advantage work?

Debt reduction may be challenging, but it doesn’t have to be. Analyzing its debt and calculating its savings come first for ClearOne. A Certified Debt Specialist from their Customer Loyalty Group will examine your circumstances and collaborate with you to develop a reasonable repayment plan that fits within your budget. This may be done online or over the phone; it usually just takes a few minutes.

Because no two situations are the same, your debt reduction study will be precise about what ClearOne can do for you and how much money you can save.

What happens after you sign up?

When you enroll in their debt settlement program, you pay a smaller monthly sum into an FDIC-guaranteed bank account. Your monthly payments to creditors will be made from this account, which may be up to 40% less than what you are now paying.

ClearOne Advantage will begin negotiating with your creditors on your behalf as your cash balance rises. This plan may help you regain control of your finances, improve your financial situation, expedite loan approval for debt consolidation, and prevent the need for additional debt relief services.

How To Qualify For ClearOne Advantage Offers

When it comes to debt reduction, there isn’t a single strategy that works for everyone. For some people, making regular payments to debt settlement companies may be preferable to filing for bankruptcy or enrolling in credit restoration courses. Debt settlement is an adaptable method used in various financial situations.

To make a one-time, lump-sum payment to settle your debt, you must set aside money as part of a debt settlement plan. You should be able to set aside an average of 1.5% of your total debt each month. Consequently, a person with unsecured debt of $30,000 should be able to consistently save $450 per month. This would give the software a three-year runtime.

ClearOne Advantage BBB

ClearOne Advantage has been accredited by the BBB since 2014 and has an A+ rating, making it a well-known company. They are a company you can trust, with an average of 472 client reviews and almost no adverse ones.

Here are a few glowing reviews of ClearOne Advantage:

Ruthie J 07/09/2022

I’m satisfied with the debt settlement process, and payouts are all they said they would be, and they have saved us quite a few dollars… our credit took a big hit, but they told us it would. I haven’t had problems other than miscommunication, and I hope we don’t. My only problem is communication… I need to know what’s going on promptly.

Tammy J. 04/16/2022

This is a great company. They are all accommodating and understanding!!!

Kimberly V. 03/01/2022

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.

AMAZING customer service. I was at a loss for what to do about my financial situation, and I found this service. I recommend this company to everyone and look forward to being debt-free.

Tara R 02/04/2022

I waited a couple of months to leave this review because I needed to make sure everything was going to play out as it was explained to me, and I wanted others to know how legit this process was. So now that I’ve waited, I have to say that Armani was great to work with. He was professional, kind, and reassuring. I have never felt such a sigh of relief. I can live without the horrible stress I have been dealing with. I only wish that I had done this sooner. Now I can get on with my life and make better choices regarding any credit. Thank you!!

ClearOne Advantage FAQs

ClearOne Advantage vs LendingTree: Which One Is Better? 1

How Much Can You Save With ClearOne Advantage?

ClearOne Advantage could help you get your monthly payment back on track and save you an average of 50% on your obligations before fees. Your savings would depend on the amount of debt you have and your creditors’ willingness to negotiate. Just check the customer reviews.

How Much Does ClearOne Advantage Charge?

There are no hidden fees when you work with ClearOne Advantage, a leading debt settlement company. You only pay their fee once a settlement has been reached and approved. Plus, they only get paid after at least one of your monthly payments toward the settlement. Every situation is different, so their fees and costs vary depending on the case.

How Does ClearOne Advantage Affect Your Credit?

When you settle a credit card debt for less than what you owe, it will appear as a black mark on your credit report. This can create problems when you need to borrow again in the future, as lenders often use credit scores and past monthly payments to make lending decisions.

How To Cancel ClearOne Advantage

Speaking with a debt settlement consultant can be a great way to get out of debt, but it’s important to know your rights and options before signing any contracts. You can quickly get out of a debt settlement contract by requesting it in writing from the company.

Do you experience financial difficulties? Here are some suggestions to help you get back on track.

A budget that is set and adhered to is a terrific way to stay on track.
Another option is to contact a financial expert, who can guide you through your options and assist you in developing a strategy that is tailored to your specific situation.
Last but not least, try not to stress yourself too much if you are currently in debt. Many businesses are willing to collaborate with customers to create a more manageable payment schedule. To find out more, get in touch with their customer service department.

LendingTree Review

LendingTree is a top choice for debt consolidation loans, businesses, and personal loan needs. It was founded in 1997 with the express purpose of making the loan research process easier for borrowers. With the option to evaluate offers from several trustworthy lenders at once, LendingTree has swiftly emerged as one of the top online loan markets.

LendingTree Loan Fast Facts

Loan Amounts: $1,000 to $50,000

APR: 3.99% to 35.99%

Minimum Credit Score: 629

Loan Type: Secured and unsecured personal loans
Repayment Terms: Varies based on Lender
Direct Lender or Marketplace: Marketplace
Turnaround Time: Varies by Lender
Best For: Comparing a variety of loan options

Lending Tree Pros & Cons

ClearOne Advantage vs LendingTree: Which One Is Better? 2

Pros

Most lenders require only one application to pre-qualify
Up to $50,000 in loans
Use your loan as you like.
Excellent BBB and Trustpilot ratings
Responsive client service

Cons

Rates may differ because this is not a direct lender.
Needed good to outstanding credit
From its network partners, it can get a lot of calls and emails.

LendingTree Cost Of Loan

The personal loan yields from LendingTree have an average APR range of 3.99%-35.99%. However, only people with high to outstanding credit will be eligible for the low end of this range. The lender will determine the additional costs.

Lending Tree Qualification

There are a few of requirements you must fulfill before you can sign up with LendingTree:

Citizen or permanent resident of the US
At least 18 years of age is required.
Legitimate bank account
Evidence of income

You also need to have access to the following details in order to apply for a LendingTree loan:

A government-issued ID
Recent Paystubs
Proof of Address
FICO score of 629 or above

Following these simple steps will allow you to begin using LendingTree once you’ve fulfilled all the requirements:

To launch the form, click the Go to LendingTree button.
Determine the purpose of your loan and the amount you want to borrow.
Send your contact details and a few financial details.
The option to apply with a co-borrower must be selected. If yes, provide their details in the appropriate fields.
To submit your application, enter the last four digits of your Social Security number and click See Your Results.

You will be presented with at least five alternatives that meet the credit score and loan amount standards once you have been authorized, which takes only a few minutes in most circumstances. After determining which option is ideal, you will complete your application by contacting the lender you’ve chosen directly.