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 National Debt Relief to help you make an informed decision.
ClearOne Advantage and National Debt Relief have over a decade of experience in debt relief. As a bonus, ClearOne provides your debt specialist to help guide you through the debt relief process. National Debt Relief offers similar debt settlement services.
ClearOne Advantage: Overview
Customers have been assisted by the debt relief business ClearOne Advantage in lowering their monthly payments and eliminating unsecured debt. They have a track record of achievement with their customer loyalty group, and several organizations have dubbed them the best in the debt consolidation loan sector. ClearOne Advantage could be able to assist if you are in debt. This evaluation will examine both their products and the opinions of their clients.
Do you owe a lot of money in debt? Perhaps ClearOne Advantage can be of assistance. The company has assisted thousands of clients in resolving their enrolled debt since its founding in 2008. In recent years, ClearOne Advantage has received a lot of media attention. However, is this the best company for you?
After thoroughly investigating their website and terms and conditions, several unforeseen findings were made. Highlighted below are a few of the more noteworthy items.
- It has a Better Business Bureau rating of A+ and a client satisfaction rating of 9 out of 10.
- Their services are offered without charge until your registered debt is reduced and savings are made.
- A cost-effective monthly payment schedule will be created to help you save money.
- Over 24 to 60 months, clients willing to stick with the program and pay off all of their obligations can expect to save up to 50%.
- The company has a history of helping its clients resolve over $3 billion in debt.
- All of your account information is accessible through a self-service client portal that is open twenty-four hours a day, seven days a week.
- Their website offers information, budgeting tools, and comprehensive debt advice.
- Consumer Debt Relief Initiative participant (CDRI)
- Debt settlement has the best reputation in the sector.
- ClearOne Advantage, an Awarded Customer Loyalty Group, does not take fully paid secured debt backed by real estate.
What is ClearOne Advantage?
ClearOne Advantage might be of assistance if you are in debt. Since 2008, they have helped thousands of customers with their credit card bills and other unsecured debts as a well-known debt settlement company.
There are no out-of-pocket costs for them. In collaboration with you, ClearOne Advantage develops a custom debt management plan that meets your financial constraints. Their professional debt counselors will bargain with your creditors for reduced final payment amounts so that you may pay back a fair portion of your expenditures at an agreeable level.
Contact information for the business, which has its main office in Baltimore, Maryland, is [email protected] or 888-340-4697.
How does ClearOne Advantage work?
It may be difficult to get debt relief, but it doesn’t have to be. ClearOne begins by analyzing its debt and estimating its savings. A Certified Debt Specialist from their Customer Loyalty Group will assess your situation and work with you to create a fair repayment strategy that works with your spending plan. You may complete this over the phone or online, which often takes less than 20 minutes.
Your debt reduction study will specify what ClearOne can do for you and how much money you can save because no two circumstances are comparable.
What happens after you sign up?
When you sign up for their program, you pay a lower monthly amount into a bank account in your name that is FDIC guaranteed. This account will be used to make your monthly payments to creditors, which may be up to 40% less than what you are presently paying.
As your money balance increases, ClearOne Advantage will start negotiating with your creditors on your behalf. This strategy may assist you in getting back on track, enhancing your financial status, facilitating loan approval for debt consolidation, and avoiding the requirement for extra debt relief services.
How to qualify for ClearOne Advantage offers
No one method works for everyone when it comes to debt reduction. For some people, making monthly payments to debt settlement agencies may be preferable to declaring bankruptcy or enrolling in credit repair programs. Debt settlement is a flexible strategy that may be applied in various monetary circumstances.
You must set aside funds as part of a debt settlement plan in order to make a one-time, lump-sum payment to settle your debt. You ought to be able to set away 1.5% of your entire debt each month, on average. A person with $30,000 in unsecured debt should thus be able to regularly save $450 per month. This would provide a three-year run of the program.
ClearOne Advantage BBB Reviews
With an A+ BBB rating and accreditation since 2014, ClearOne Advantage is a well-known business. With an average of 472 customer evaluations and nearly no unfavorable ones, they are a business you can trust.
Here are some outstanding evaluations 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
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
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.
Are you having trouble with your finances? Here are a few ideas to get you back on track.
- Setting and following a budget is a great method to remain on course.
- Another choice is to speak with a financial professional who can walk you through your alternatives and help you create a customized plan for your particular circumstance.
- Last but not least, if you are already in debt, try not to worry too much. Many companies are prepared to work with clients to develop a more affordable payment schedule. Get in touch with their customer care division to learn more.
Is ClearOne Advantage legit?
In addition to offering outstanding debt negotiating services, ClearOne Advantage also has a reliable debt settlement program. It belongs to both the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA) (IAPDA). Its website is protected to safeguard your information, and its privacy statement outlines the data it gathers and distributes with partners.
Furthermore, those seeking a trustworthy business might consider ClearOne Advantage. The majority of their clients express satisfaction with their interactions with them, and they have been acknowledged since 2014 and have an A+ rating with the Better Business Bureau.
National Debt Relief: What Is It?
It was founded in 2009 and specializes in debt settlement for credit card debt relief and general debt relief for consumers across the country.
There are debt-relief companies like National Debt Relief that offer free savings estimates, do not charge upfront fees, and help consumers settle their debts at a lower interest rate.
Pros And Cons
When it comes to debt relief, there are numerous solutions accessible, and each has advantages and disadvantages of its own. One such option is National Debt Relief, which may be a fantastic alternative for people dealing with significant debt. Before making a choice, one should consider the possible disadvantages of this alleviation.
You may swiftly eliminate your debt thanks to National Debt Relief, which is one of its main advantages. If you have a sizable overall debt, you might be able to get it completely forgiven in a few years. This may lift a tremendous burden off your shoulders and aid in your financial recovery.
A professional’s assistance can be quite valuable. A professional business will have a lot of expertise with debt relief and can assist you in creating a strategy that is especially suited to your requirements. They can also offer encouragement during the procedure, easing your anxiety.
This kind of alleviation does have some potential drawbacks, though. One is that it can hurt your credit rating. Enrolling in a debt reduction program might dramatically lower your credit score if you have a lot of debt. The future approval process for loans and other types of credit may become more challenging.
The possibility of paying taxes on the forgiven debt is another drawback. The IRS views debt forgiveness by lenders as taxable income. This implies that even if you can get all of your debts forgiven, you can still wind up owing a sizable sum in taxes.
Is National Debt Relief legit?
It might be challenging to choose the ideal debt relief company for you because there are so many that provide debt settlement services. One of the most well-liked solutions is National Debt Relief, but you should confirm their legitimacy before signing up with them.
Since opening its doors in 2009, National Debt Relief has assisted hundreds of clients in escaping debt. They have an A+ rating from the Better Business Bureau and are a member. Additionally registered with the Consumer Financial Protection Bureau (CFPB), National Debt Relief demonstrates its adherence to stringent rules and regulations.
Here are some things you should know if you’re thinking about using National Debt Relief to help you eliminate financial debt:
- It does not impose any up-front payments. You only pay them if they successfully aid your debt relief.
- They have a group of specialists that can assist you in developing a strategy that works for your resources and circumstances.
- On your behalf, they will bargain with your creditors to lower your interest rates and regular payments.
- If National Debt Relief can assist you with eliminating your debt, they will also work with you to develop a strategy for doing so.
It is a reliable business that has assisted customers with debt relief for many years. Make sure to complete your homework and weigh your alternatives if considering hiring their services.
National Debt Relief BBB reviews
National Debt Relief has an A+ rating and is a BBB-accredited company.
Here are some evaluations of National Debt Relief:
I really have just one word to say about this program… Great!!!
Very pleased and impressed so far. The process was extremely quick and easy and everything was explained carefully and thoroughly. I am encouraged and excited about my financial future and feel optimistic that I can get myself into a much better place in a very reasonable amount of time!
Started well and I will build a response after seeing the results.
Is National Debt Relief a good company?
Selecting the ideal debt relief company for you might be challenging because so many provide these services. Since its founding in 2009, National Debt Relief has assisted thousands of customers in eliminating their debt. They provide various services, including credit counseling, debt consolidation, and alternatives to bankruptcy.
The Better Business Bureau (BBB) has given National Debt Relief an A+ rating and accreditation. Additionally, they have been highlighted in publications like Forbes and Money. Customer service is one of the factors that distinguishes National Debt Relief from other debt settlement businesses. To assist you in coming up with a strategy to get out of debt, they have a staff of qualified credit counselors that are available 24 hours a day, 7 days a week.
Here are some considerations to bear in mind if you’re thinking about using National Debt Relief:
- Fraud is not what National Debt Relief is. They are a reputable business that has been assisting customers with debt relief for many years.
- They provide a range of services, including credit counseling, debt consolidation, and alternatives to bankruptcy.
- The Better Business Bureau (BBB) has given National Debt Relief an A+ rating and accreditation.
- Additionally, they have been highlighted in publications like Forbes and Money.
- Their staff of accredited credit counselors is accessible around-the-clock to assist you in coming up with a strategy to get out of debt.
Do your homework before deciding if National Debt Relief is the best firm for you if you are thinking about utilizing them. National Debt Relief is a respectable organization that can assist you in getting out of debt, but in the end, the choice is yours.