When it comes to shopping around for debt consolidation companies, whether you need a personal loan or to settle your debt, choosing the right company is vital for the process. We decided to compare ClearOne Advantage vs Tripoint Lending in this review so you can make an informed decision.
- 25th best financial firm, USA (INC Magazine)
- Minimum Debt $10,000
- No Minimum Credit Score
- $3 billion+ debt resolved
- Minimum Debt $7,500
- No Minimum Credit Score
- $500 million debt resolved
- BBB A+ Rating
ClearOne Advantage Review: Ranked Among The Top For Debt Consolidation
ClearOne Advantage helps people reduce their monthly payments and avoid unsecured debt. They have a proven track record of success in the debt consolidation loan category and have been ranked #1 by many organizations. You may be able to obtain assistance from ClearOne Advantage if you are struggling with debt. We will examine ClearOne Advantage’s services and the opinions of its customers in this review.
ClearOne Advantage Summary
Do you have more debt than you can handle? ClearOne Advantage could be the answer. The company has helped thousands of people pay off their enrolled debt since 2008. In recent years, ClearOne Advantage has gotten a lot of positive attention. But is this the right company for you?
A closer look at their website and terms and conditions revealed some exciting information. Here are a few of the more noteworthy points.
- This company has an excellent client satisfaction score of 9 out of 10 and a top rating from the Better Business Bureau.
- The services provided by this company are free of charge. Until your enrolled debt is reduced and savings are achieved.
- They will create an affordable monthly payment plan to help you save money.
- Clients committed to the program and paying off all their debt can save around 50% over 24 to 60 months.
- Their company has a long history of successfully resolving debt for our clients, totaling over $3 billion.
- The client portal is available 24/7 with access to all your account information. This makes managing your account easy and convenient.
- The website provides various budgeting tools and articles to help users get out of debt.
- Accredited member of the Consumer Debt Relief Initiative (CDRI)
- They have the best reputation in the debt settlement industry.
- Award-winning Customer Loyalty Group.
- The ClearOne Advantage program does not include any debts backed by real estate.
What Is ClearOne Advantage?
ClearOne Advantage is a leading debt resolution company that has helped thousands of clients resolve their credit card bills and other unsecured debts since 2008. Their experienced negotiators will work with your creditors to get you the best possible outcome, whether a lower interest rate, waived fees, or a reduced balance.
There are no upfront fees with ClearOne Advantage. You’ll work with certified debt specialists to create a personalized debt relief plan that fits your budget. With this plan, you’ll be able to pay back a reasonable portion of your bills at an acceptable level.
ClearOne Advantage is a company that helps people improve their credit scores. They are located in Baltimore, MD, and can be contacted by phone at 888-340-4697 or by email at [email protected]
How Does ClearOne Advantage Work?
There is no need to feel overwhelmed when trying to get relief from your debt. At ClearOne, they will start with a debt analysis and savings estimate. One of their Certified Debt Specialists will review your situation and help you find a realistic repayment plan that fits your budget. This usually takes less than 20 minutes and can be done over the phone or online.
ClearOne can help you get out of debt, regardless of your circumstances. They provide a personalized analysis showing how much you can save.
What Happens After You Sign Up?
Enrolling in their program will set up a monthly payment plan into an FDIC-insured account. This can be up to 40% less than your current monthly payments to creditors. The report will be used to pay off your debts each month.
ClearOne Advantage will start to take action with your creditors to negotiate on your behalf as your fund balance grows. This process can help you get back on track, improve your financial situation, and allow you to easily qualify for a debt consolidation loan and not need debt resolution services again.
How To Qualify For ClearOne Advantage Offers
When it comes to debt solutions, each person’s situation is unique. What works for one person might not be the best solution for another. Some people may benefit from bankruptcy or credit repair services, while others may find that a monthly payment through a debt settlement company is a better fit. Debt settlement is a flexible solution that can be adapted to various financial situations.
You will need to set aside money each month to settle your debt to make one lump-sum payment. Setting aside 1.5% of your total debt per month is generally advisable. For example, someone who owes $30,000 in unsecured debt should be able to set aside $450 per month, which would allow for the completion of the program within approximately three years.
ClearOne Advantage BBB
Trustworthy and reliable, ClearOne Advantage is a company you can count on. They have a proven track record of excellence, with an A+ rating from the Better Business Bureau and accreditation since 2014. Customers have given them an average of 472 reviews, most of which are positive.
Here are some ClearOne Advantage 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.
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 essential 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 struggling to make ends meet? Here are some tips that may help you get back on track.
- Creating and sticking to a budget is a great way to stay on track.
- Another option is to speak with a financial advisor who can help you understand your options and develop a plan that works for your unique circumstances.
- And finally, don’t worry too much if you’re already in debt. Many companies are willing to work with customers to create a more manageable payment plan. So reach out to their customer service team for more information.
Is ClearOne Advantage Legit?
ClearOne Advantage has a legit debt settlement program with superior debt negotiation services. It is accredited by the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA). Its privacy policy outlines the information it collects and shares with affiliates, and its website is encrypted to keep your information secure.
In addition, ClearOne Advantage is an excellent choice for those seeking a reliable and reputable company. They have an A+ rating with the BBB and have been accredited since 2014, and most customers are happy with their experience.
TriPoint Lending Review: Is It A Scam Or Legit? Read Our Review First
TriPoint Lending is a California-based finance company that specializes in personal loans. They offer a simple application process on their website, tripointlending.com, making it easy for users to get the loan they need.
Tripoint Lending Summary
Tripoint Lending is a company that helps people get the money they need through loans. They have recently gained popularity because they offer great customer service.
We were surprised to find some interesting facts when we investigated their website and read through the fine print.
- TriPoint Lending offers competitive rates for first-time borrowers, with APRs starting at 5.49% (AA) to 30.00% APR for first-time borrowers.
- The minimum loan amount is $10,000.00. The maximum loan amount is $100,000.00.
- To be eligible for credit, you must meet certain conditions. However, we cannot guarantee that everyone will qualify.
- TriPoint Lending may contact individuals in the future through electronic mail, telephone calls, text messages, or other forms of media. This includes both physical and electronic forms of communication.
What Is TriPoint Lending?
TriPoint Lending is a California-based financial company that offers relief to its clients through marketing lead generation and licensed finance lending. With four years of experience, TriPoint Lending is in Irvine and can be contacted at (800) 307-1789.
TriPoint Lending is a top-rated company with an A+ rating from the Better Business Bureau (BBB). They have been accredited since 2018 and have an average of 221 customer reviews. In the last 3 years, they have had nine complaints closed.
How Does TriPoint Lending Work?
TriPoint Lending offers loans with fixed interest rates. That means your monthly payments will stay the same, no matter what. And applying is quick and easy – you could receive your funds in as little as minutes. Just select the loan that meets your needs from their available options. Of course, eligibility is not guaranteed and requires that you meet credit and other conditions.
How Much Does TriPoint Lending Cost?
TriPoint Lending offers excellent rates for first-time borrowers, from 5.49% APR to 30.00% APR.
They offer low rates of 35.99% APR to customers through paid Google or Bing advertisements. With terms ranging from 61 days to 180 months, They have a repayment option that will fit everyone’s needs. Your credit score, credit history, and usage will determine your final rate.
Tripoint Lending Reviews
Tripoint Lending is an industry-leading and accredited company with a stellar reputation. They have been accredited since 7/10/2018 and boast an average of 221 customer reviews and nine complaints closed.
Here are some TriPoint Lending BBB Reviews:
Gimli3384 X 09/29/2022
Joseph W 09/29/2022
Like others have said, they try and get you to agree to a debt consolidation loan which is not what they advertise in the letter they send out. when talking to “***,” he stated, “it only looks like a consolidation loan, but it was not.” I asked to speak to a supervisor, and the supervisor said the same when I told them I was not interested. The supervisor used a few choice words and said I would quit wasting their time if I didn’t know what I wanted.
I wouldn’t recommend this company to anyone. Use the resources you have to find a better company to work with. I hope they get fined or sewed for false advertisement and try to take advantage of people in the hard times and act like they are better than the people they claim to help. Please do yourself a favor and find another company. There are plenty out there.
Aaron C 09/29/2022
Christopher B 09/22/2022
It was apparent she had my best interest at heart! In the end, though, I decided to forgo the assistance that included a fully approved loan that ******* worked to put together and get approved. Still, ******* was right there to say she fully understood my decision (after all her hard work and time consumed) and wanted me to reach out to her if I needed any credit/debt assistance in the future. I will go nowhere else if I pursue service in the future. Thank you, TriPoint, for putting such a great advocate on your staff, and thank you, *******, for all your help. It made a huge and lasting impression on me!!
FAQs
How To Qualify For Tripoint Lending
You may be eligible for their offer if you meet specific credit and other conditions, including:
(a) Maintaining the criteria for this offer;
(b) Having a credit report and history that meets our established criteria;
(c) Having a monthly debt-to-income ratio below 50%;
(d) Being employed for at least one year.
Eligibility is not guaranteed.
How Does TriPoint Lending Affect Your Credit?
When you’re looking to take out a personal loan, one thing to be aware of is that lenders will usually make a hard inquiry into your credit history. This can potentially lower your credit score by around five points.
Are There Penalties For Early Payment Of Your Loan?
If you pay off your loan early, you will not be charged any additional fees or penalties. The amount of interest you pay is based on the outstanding balance of your loan, so making early payments will also reduce the amount of interest you owe. Any fees already paid, such as origination or processing fees, are non-refundable.
Does Pre-Approved Mean That You Are Guaranteed Approval?
If you respond to TriPoint Lending‘s offer and it is determined that you no longer meet the criteria for creditworthiness, your loan application may be denied. This can happen if your credit score has gone down recently. They also won’t have your income information until you apply for a loan, so your application could be rejected if you don’t make enough money to support your loan payments.
How To Cancel Tripoint Lending
If, before approval, you decide that taking out a personal loan is not suitable for you, cancel the process. However, once loan approval is received, the disbursement will follow, and at that point, cancellation is no longer an option.
Is Tripoint Lending Legit Or A Scam?
Although Tripoint Lending has an A+ rating on the BBB, they have mixed reviews online. Some people have had positive experiences with the company, while others have found them less than legitimate.
tripointlending.com appears to be a legitimate company based on our comprehensive research. However, as with any company you do business with, we advise that you read customer reviews and do your research before making a decision.
