Choosing the right company is very important when you need a personal loan or to resolve your debts. This review compares Credit Associates vs AmOne to help you decide which one is most suitable for you.
- BBB A+ Rating
- Minimum Debt $10,000
- No Minimum Credit Score
- $3 billion+ debt resolved
- BBB A+ Rating
- Minimum Debt $7,500
- No Minimum Credit Score
- $500 million debt resolved
Credit Associates Review: Debt Consolidation Company With A Near-Perfect Record And Fast Growing
Credit Associates may be able to assist you if you are experiencing financial difficulties. Credit Associates is America’s #1 debt relief company, and they have helped thousands of people recover from debt. It is possible to reduce your interest rates and simplify your monthly payments through debt consolidation, and Credit Associates can assist you in this process.
It is important to know a few things before using Credit Associates to consolidate your debt. First and foremost, Credit Associates is a legitimate company that has helped thousands of people get out of debt.
Moreover, Credit Associates is one of the few companies that offers a money-back satisfaction guarantee. They have an A+ rating with the Better Business Bureau and are accredited by the National Foundation for Debt Management. You can receive a refund of your money if you are not satisfied with their services.
Credit Associates is the best choice if you are looking for a Debt Consolidation company that can assist you in getting out of debt quickly and easily.
Pros and Cons
Credit Associates can be trusted without a doubt. Having been in business for 14 years, they have an A+ rating with the Better Business Bureau. But what are the other advantages and disadvantages of using their debt consolidation services?
The biggest pro is that thousands of people have been able to get out of credit card debt using their services. You can reduce monthly payments and pay off debt faster with their debt relief program. In addition, they offer a free debt consultation and a money-back guarantee.
Here are some of the advantages and disadvantages to consider:
Pros:
- Debt settlement can potentially help you become debt-free faster than making minimum payments on your own.
- Credit Associates’ debt settlement program can potentially reduce the total amount of debt you owe by negotiating with creditors to accept a lower amount as payment in full.
- Credit Associates’ debt settlement program can provide a more affordable monthly payment plan by consolidating multiple debts into one monthly payment.
Cons:
- Debt settlement can potentially damage your credit score because you are not making the required payments on your debts and some creditors may report your accounts as delinquent or charged off.
- Credit Associates’ debt settlement program charges a fee, which is typically a percentage of the total debt enrolled in the program. This fee can add up to a significant amount over time.
- Debt settlement is not a guaranteed solution and some creditors may not be willing to settle or negotiate.
Credit Associates: What is It?
Credit Associates is a debt settlement company that has been helping individuals with unsecured debt since 2016. By providing comprehensive debt relief services, they have been able to help thousands of individuals reduce their credit card debt, medical bills, and personal loans. They have a team of dedicated professionals who will work closely with you to develop a comprehensive plan that fits your needs and budget. With their assistance, you can become debt free and start rebuilding a healthier financial future.
Credit Associates, based in Texas, offers a debt settlement program that involves negotiating with creditors on behalf of their customers. Monthly payments are made into a special account and are later used to pay off debts that have been settled. Fees are based on the amount of debt enrolled in the program and are typically a percentage of the total. This company is committed to assisting people with debt relief.
Debt Consolidation Program
Credit Associates is a debt relief firm that offers a strategy to assist customers with their unpaid balances. This strategy involves Credit Associates negotiating with creditors on the customer’s behalf in order to come to an agreement on a lower amount to pay than the total owed. This service is available to individuals who are struggling with unsecured debts, such as credit card debt, private loans, medical bills, and other forms of unsecured credit.
Clients who are trying to settle their debt often set aside a certain amount of money each month to build up funds for the settlement. Credit Associates then work with the creditors to negotiate a lower amount, and once an agreement is reached, the client pays the agreed amount with the money from their dedicated account. This approach helps the client to have a manageable plan to pay off their debt in a timely manner.
It is essential to keep in mind that debt settlement can have a detrimental result on credit ratings and there are charges connected with utilizing a debt settlement company. It is essential to cautiously examine all alternatives before signing up for any debt alleviation program and to completely investigate and comprehend the terms and fees related to the program.
Who Owns Credit Associates?
Credit Associates is a debt consolidation company that has been in business for over 14 years. They are a privately held company with a group of investors as owners.
There is a team of debt consolidation experts available to help you get out of debt. They offer a free consultation to determine whether debt consolidation is a good option for you.
How Does This Company Work?
Credit Associates provide a debt resolution program designed to help those having trouble with non-secured debt, such as credit cards, medical bills, and individual loans. This is how the plan functions:
- Consultation: First, you’ll schedule a consultation with a Credit Associates debt specialist who will review your financial situation and help determine if debt settlement is the right option for you.
- Enrollment: If you decide to enroll in Credit Associates’ debt settlement program, you’ll be assigned a personal account manager who will work with you throughout the debt settlement process. You’ll also need to sign a contract outlining the terms and conditions of the program, including fees and costs.
- Monthly deposits: You’ll make monthly deposits into a designated account, which will be used to pay off settled debts. The amount of the deposit is based on your individual financial situation and the amount of debt you’re enrolled in the program.
- Negotiation: Credit Associates’ debt specialists will negotiate with your creditors on your behalf to settle outstanding debts for less than the full amount owed. Once a settlement agreement is reached, you’ll need to approve the settlement offer and make a payment from your designated account.
- Debt resolution: Once all settled debts are paid off, you’ll have successfully resolved your debt with those creditors.
How Much Does This Company Charge?
Credit Associates understand that their clients need to feel secure and taken care of, which is why they offer top-notch service without charging any fees. This means that if their assistance is not used to reach a settlement, then the client does not have to pay anything. However, if Credit Associates is used to negotiating a settlement, then a standard service fee will be applied. Credit Associates strive to make sure that their customers are satisfied throughout the process and receive the best possible outcome.
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.
Every situation is different, so it is important to talk to a debt consolidation expert to figure out the best option for you. Contacting them won’t cost you anything since they offer a free consultation.
How Much Can It Save You?
Sticking to a debt repayment program can be a difficult yet highly rewarding process. With dedication, individuals can reduce their debt by up to 55%, depending on the length of time they remain committed to their program. Although fees may be associated with the repayment plan, individuals are still likely to save around 30% of their debt.
Not all debts may be eligible for such a program, yet those who are determined and stay the course will gain considerable savings in the long run. By setting up a budget, staying organized, and taking advantage of resources available to them, individuals can make steady progress towards reducing their debt.
How Long Does It Take For The Credit Associates Program To Begin Resolving Your Debt?
The Credit Associates program usually takes three years to complete, although the timeline can be stretched out depending on your financial situation. After you join and start making payments, the Credit Associates team will start talking to your creditors, which may take some time. If you have a more intricate situation, the program may take longer than the typical 36 months, but the Credit Associates team will make sure you get the best results.
The amount of time it takes to pay off what you owe through Credit Associates may differ depending on one’s personal situation. It is critical to stay focused and work closely with the program to guarantee the best result for your finances.
Which Companies Do They Settle Debts With?
The professionals at Credit Associates are adept at communicating with numerous lenders and debt collection firms to support their customers in dealing with their debt. They specialize in all kinds of debt, including credit card debt, personal loans, medical bills, and collection accounts. Depending on the debt and creditors their customer has, Credit Associates can negotiate with different creditors. Their mission is to offer their clients the aid they need to gain financial stability.
However, it is important to be aware that not all creditors are open to settling debts. Credit Associates has a long history of working with various creditors, and their staff will do their best to get you the best deal possible. Ultimately, the success of the debt settlement process is dependent on the individual’s unique situation and cannot be guaranteed. It is important to have realistic expectations and to be aware that not every debt can be successfully negotiated.
With whom has Credit Associates recently settled debts?
Capital One, Visa, Mastercard, Chase, American Express, Citibank, Wells Fargo, Bank of America, Amazon, Macy’s, Costco, Lowe’s, Target, Kohls, Paypal, Walmart, Sam’s Club, T.J. Maxx, Bestbuy, Verizon, and many many more.
It is also important to remember that debt consolidation may not be the best option for everyone. If your debt is not very high, or if you are able to afford the monthly payments, debt relief services may not be the best choice.
How Does It Affect Your Credit?
When signing up with Credit Associates, it is important to monitor your credit score. If you have not been able to pay off creditors, this could negatively influence your credit score. To stop this, it is critical to take the necessary steps to maintain your credit rating strong, even in periods of financial distress. Taking the time to analyze your credit score and taking the necessary action if needed can assist you in managing your funds and be sure your credit score stays in good condition.
Credit Associates Customer Service
You can contact Credit Associates customer service by calling 866-547-0277 toll-free
Their normal office hours are Monday through Friday, from 7:00 a.m. to 11:00 p.m. Central Standard Time
If you need to speak with a customer service representative on Saturday, their office hours are from 8:00 a.m. to 8:00 p.m. Central Standard Time
Customer service for Credit Associates is located at 5050 Quorum Dr., Suite 700 in Dallas, Texas.
Be sure to have your account number or customer ID available when contacting customer service.
How To Use Credit Associates Website
Credit Associates’ website is designed to provide information and resources for individuals who are seeking debt relief services. Here are some steps to help you navigate and use the Credit Associates website effectively:
- Start by visiting the Credit Associates website.
- Browse the website to learn more about the debt relief services offered by Credit Associates. The website provides information about debt settlement, credit counseling, and debt consolidation.
- If you’re interested in using Credit Associates’ debt relief services, you can fill out the contact form on the website to request a free consultation.
- You can also access resources such as blog articles and educational materials that provide insights and guidance on managing debt.
- If you have any questions or concerns about Credit Associates’ services or the website, you can contact the company directly using the contact information provided on the website.
Remember that it’s always a good idea to research and compare different debt relief options before making a decision, and to read reviews and testimonials from previous clients to get a sense of their experiences with Credit Associates or any other debt relief provider.
BBB Reviews
With an A+ rating from the BBB, Credit Associates is one of the debt settlement companies you can trust. There are many companies out there that do not maintain the same high standards as Credit Associates, which is why using a company like this is important.
Reading BBB reviews before choosing a debt relief company can give you a good idea of what other people think. It is also a good way to see how responsive the company is to customer complaints.
The following are some Credit Associates BBB reviews:
Dennis S 01/12/2021
Johnny B 12/22/2020
Sheryl H 10/06/2020
Tone J 12/08/2019
How To Cancel Credit Associates
To discontinue participation in Credit Associates’ debt settlement program, these are the steps to take:
- Contact Credit Associates to cancel enrollment in the debt settlement program
- Provide your account information to Credit Associates
- Follow cancellation procedures given by Credit Associates
- Stop making payments to a special account
- Check credit report to ensure accounts are updated correctly
It is significant to be aware that terminating your involvement in Credit Associates’ debt settlement program could lead to repercussions, like the possibility of your creditors initiating collection activities once again. Make sure to talk over your choices with Credit Associates prior to deciding to end your enrollment.
Credit Associates: Is It Legit?
Credit Associates is a reliable debt negotiation firm that was set up in 2016 and is certified by the American Fair Credit Council (AFCC). They boast a team of expert debt advisors and attorneys who have a wealth of experience in debt settlement. They will assist you with reaching an agreement with creditors, by handling all communications, payments, and negotiations for reduced interest rates and payments. All services come with a money-back guarantee, so you can trust that Credit Associates is committed to providing the best quality service.
Is It The Best Debt Consolidation Company?
Credit Associates has an incredibly high success rate, and they have many satisfied customers. There are many debt consolidation companies out there, but Credit Associates definitely stands out.
FAQ
Will Credit Associates stop collection calls from my creditors?
Credit Associates will work to negotiate with creditors to stop collection calls and other collection activities. However, it may take some time for the negotiations to be successful, so clients may continue to receive calls from creditors during the settlement process.
How much does Credit Associates charge for its services?
Credit Associates charges a fee based on the amount of debt enrolled in the program. The fee is typically a percentage of the total debt enrolled and is collected as part of the monthly payment into the settlement account.
Is debt settlement the right solution for me?
Debt settlement may be a good solution for those who are struggling with unsecured debts and cannot afford to pay them off in full. However, it is important to consider all options and consult with a financial professional before deciding on a debt relief strategy.
I hope this information is helpful!
Credit Associates Review
In spite of the fact that there are many debt consolidation companies out there, Credit Associates definitely stands out from the rest. Their success rate is incredibly high, and they have a number of satisfied customers.
You might be on the fence about whether Credit Associates is right for you, so why not give them a call? Once you have made a decision, they will work with you to create a customized plan to get you out of debt. Their friendly and knowledgeable staff will be happy to answer any of your questions. So what are you waiting for?
AmOne Review: Get Debt Consolidation Loans More Easily
The AmOne marketplace was established in 2005, and it helps consumers find financing solutions. Although it does not originate loans, it has facilitated access to over $16 billion in funds free of charge. In addition to providing a great opportunity to shop around without having to visit every single lender individually, it is also a great option if you prefer to evaluate your options carefully before applying for a loan.
Amone Loan Key Aspects
Loan Amounts: $1,000 to $100,000
APR: 3.49% to 35.99%
Minimum Credit Score: Available for all credit scores
- Type of loan: Unsecured personal loans
- Terms of repayment: 3 to 120 months
- Direct Lender or Marketplace: Marketplace
- A lender’s turnaround time varies depending on the type of loan
- It is best suited for: Consumers who are looking to finance projects that need quick funding
Pros & Cons
Pros
- It is possible to apply with a co-applicant
- Great deals are available from a large network of lenders
- Reviews from satisfied customers
- A variety of loan terms and amounts are available
Cons
- Insufficient information regarding potential rates and terms
- You may receive numerous calls and emails from lenders
- Customer service is insufficient
AmOne Cost of Loan
The APR for AmOne loans ranges from 6.78% – 35.99%, and repayment options range from 12 days up to 84 months. Rates vary depending on your lender but may include an origination fee of 3%.
How to Qualify For AmOne
To get started, you must meet the following criteria:
- You must be a citizen or permanent resident of the United States
- You must be at least 18 years old
- Information regarding the bank account
- Number of Social Security
It is also necessary for you to have access to the following information to apply:
- Identification issued by the government
- Income on an annual basis
- Income before taxes
- Email address and phone number
As soon as you have met all of the qualifications, you can begin the application process by following these steps:
- Select your loan type and credit score range on AmOne’s website
- Please click the Check My Options button
- Enter your personal information, the amount of the loan, and the purpose of the loan
- Information about your employment and bank account should be entered
- Review the privacy statement, terms of use, and disclosures
- Please click on Get My Options
When the application process has been completed, you will receive an email from the lender with potential offers. Compare your options carefully and choose the best option for you. Once you agree to terms with a provider, you will complete the application process directly with the lender of your choice.
BBB Reviews
AmOne has an A+ rating with the Better Business Bureau
They are not accredited by the Better Business Bureau, but they have an A+ rating. On Trustpilot, they have an average rating of 4.7 stars out of 5. Several users have stated that they are very professional and prompt in their responses.
AmOne: Is It Legit?
- The purpose of AmOne is not to fund loans but to assist you in searching for and selecting a suitable lender and comparing them.
- However, it is not responsible for the actual loan agreement but rather for the lender you choose.
- The website provides a variety of educational resources, including articles and guides regarding personal loans, the basics of financing, and budgeting.
- Your credit score will not be affected; however, you should expect your lender to ultimately perform a credit check, which will temporarily lower it.
- If you have any questions, do not hesitate to contact your lender
AmOne Review
With the help of AmOne’s loan partners, borrowers with a wide variety of credit scores and qualifications are accommodated. In addition to Avant, BlueVine, FreedomPlus, LendingPoint, and NetCredit, other approved lenders have been carefully selected. Rather than having to settle for a loan that does not suit your needs, you can compare available options with AmOne to find the right loan for your needs.
In addition, if you are working to improve your creditworthiness, AmOne can find you a loan even if other providers turn you down. In addition, AmOne has an excellent rating on Trustpilot and typically finds loans for customers within 24 hours.
