June 17, 2024

Got multiple high-interest debts that never seem to shrink? Or are you even struggling to make payments?

Debt consolidation or settlement can be a lifesaver and a good way to get your finances under control.

We looked at the best companies to help us get back on our feet.

And our number one pick manages to reduce the enrolled debt by an average of 23%!

Here are our Top 5 for this year, with a full review of our top provider at the bottom:

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Our Score

Key Features

#1 BEST IN 2024

Accredited Debt Relief

Significantly reduce your debt

No upfront enrollment fees

Applying won’t affect your credit score

A+ Better Business Bureau rating



Strategic Planning

Free consultation

DEBT-FREE In As Little As 24-48 Months

Savings Estimate with No Obligation



Free initial consultation

Reduce your monthly payments

Over 850,000 customers served

A+ rating with the BBB



$5,000-$100,000 loan amount

No minimum credit score required

No fees

Unemployment protection

See the rest of the list

We Researched & Evaluated The Top 5 Debt Consolidation Programs And Debt Settlement Companies. Here Is Why National Debt Relief Is #1

SUMMARY: Customers at National Debt Relief receive a professional, stress-free service as well as debt consolidation options to help them reach their financial goals quickly. They put a lot of effort into figuring out which debt consolidation plan is most beneficial for every single client. They’re at the top of our ranking due to their strong BBB rating, knowledgeable staff, and customer satisfaction guarantee.

If you're struggling with debt, you may have heard of both debt settlement and debt consolidation. While they are both great strategies for managing debt, they differ in significant ways.

National Debt Relief is our #1 pick for many reasons, one of which is because they help you figure out what option is best for you, and they do it for free.

You only have to click this link and answer a few questions and they’ll call you up.

Debt Settlement

Debt settlement involves negotiating with your creditors to settle your debts for less than the full amount owed.

National Debt Relief will handle this negotiation for you and make a lump-sum payment to the creditor in exchange for debt forgiveness.

Benefits of Debt Settlement

  1. Significant savings on your overall debt
  2. Help you avoid bankruptcy
  3. Is a faster solution to your debt problems

Debt Consolidation

Debt consolidation involves combining multiple debts into a single loan with a lower interest rate. This allows you to make one payment each month instead of multiple payments to different creditors. And since you only have to pay to one creditor, you get more control and a lower interest rate, and a lower monthly payment.

Benefits Of Debt Consolidation

  1. Simplifies your debt payments
  2. Results in lower interest rates
  3. Lower overall monthly payments

Which is Right for You?

Both debt settlement and debt consolidation can be effective strategies for managing debt, but which one is right for you will depend on your individual situation.

Thankfully, National Debt Relief will help you evaluate your situation and figure out the best solution depending on your finances. And they will do it for free!

Just click this link to get a free quote and free consultation.

This is what I found out after a quick consultation:

Debt settlement can be your best choice if you are having trouble making payments due to a big amount of debt.

Debt consolidation on the other hand might be a better option if you have several high-interest debts that you want to get control over.

Regardless of which option you choose, National Debt Relief is a reputable debt relief company that will carefully describe the benefits and drawbacks of each strategy to help you make the best and most informed decision.

How Do I Know If I Qualify?

I recommend everyone who wants to get their finances in order to start by visiting National Debt Relief and submitting their phone number to get a quick free consultation.

But you should be several months behind on your payments and owe more than $7500.

That’s because your creditors won't be motivated to negotiate if you owe less than this and are only a month or two behind on your payments.

At this stage, they would rather keep harassing you with the hope that they will ultimately be able to collect the full amount of your debts.

Amazing Track Record & Loved By Customers

One of the best ways to know if a debt relief company will be able to help you is to look at their scores from verified customers and reviews.

Trustpilot, a review service that is considered particularly tough, has given National Debt Review an impressive score of 4,7 from 35,985 reviews.

And if you look at the distribution, it's 85% 5 stars and 10% 4 stars:

Common Questions & Answers

Q: What is debt consolidation?

Debt consolidation is a strategy used to help consumers get control over high-interest debt and simplify their monthly payments. Instead of having multiple credit card bills and other accounts to pay, often with extremely high-interest rates, debt consolidation reduces those individual debts into a single payment each month.

Q: Will your program impact my credit score?

Depending on your personal situation and whether you have already missed payments to your creditors, debt settlement programs may have a negative impact on your credit score. Due to it being a separately regulated service, we do not provide credit repair services or offer advice on ways to improve your credit.

Q: What’s the difference between Debt Relief and Debt Consolidation?

Debt relief reduces your balance. Your debt is negotiated down, and you pay less than you owe. The creditor forgives the remaining balance in a transaction called a settlement. Debt consolidation combines all of your debt into one loan with a single monthly payment, often at a reduced rate of interest. This typically requires a higher credit score for approval.

Q: Isn't debt consolidation basically taking out a loan?

That depends on the service, but yes: most debt consolidation programs give you a loan to pay off all of your outstanding debts. These loans usually have much lower interest rates and can help you get on top of your financial situation again.

Q: How Long Will It Take To Get Out Of Debt?

It depends on how quickly you can build up your funds and save for the settlement offers. The faster you save, the quicker you get out of debt. It typically takes between 24-48 months with our program. By contrast, if you only make the minimum payments on your credit cards, you could be in debt for the next 10-20 years and pay back 2x, 3x, or even 4x as much as you originally borrowed.

Q: Will using a debt consolidation service improve my credit history?

It should. Late or missed payments are one of the largest negative points on your credit score, so consolidating all of your debt into one monthly payment increases the likelihood that you'll make payments on time.

Q: Can I Continue To Use My Credit Cards?

No, you won’t be able to use your credit cards that are enrolled in the program. Plus, creditors will usually close your accounts after you’ve missed a few payments. Your debt expert will help you decide the best plan of action based on your current financial situation.

Q: Is there a satisfaction guarantee?

Most of the time, no. If you take out a debt consolidation loan, it's on you to understand all of the terms and conditions before you sign off. However, there are a few fee-based services that do offer a 100% satisfaction guarantee that allows you to cancel without penalty.

Q: What Types of Debt Does National Debt Relief Work With?

National Debt Relief covers most unsecured debt and negotiates with major credit card issuers and banks every day to reduce debts. Some of the debts that we can help you settle include:

  1. Credit Cards
  2. Personal Loans
  3. Lines of Credit
  4. Medical Bills
  5. Collections
  6. Repossessions
  7. Business Debts
  8. Certain Student Debts

Get a free quote and consultation by answering a few questions on their official website here >>>


Meet Our Expert

Mark Flack

Mark is a certified tech genius. He’s worked in startups, for different tech blogs and was only 12 years old when he assembled his first computer. As our society grows more and more digital, we’re lucky to have an expert like Mark on our team.

Mark from Ohio

just applied for National Debt Relief!

16 seconds ago | TrustedConsumerReview

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