BestDebtConsolidationLoans.org recently completed a study of the bad credit debt consolidation loan companies available to residents of Charlotte. It is announcing that the three best are National Debt Relief, CuraDebt and Consolidated Credit.
In evaluating debt consolidation loan companies BestDebtConsolidationLoans.org utilized six criteria – business ethics, fees, variety of services offered, customer service, customer satisfaction and financial stability. National Debt Relief ranked highest in nearly all these categories, followed by CuraDebt and Consolidated Credit.
BestDebtConsolidationLoans.org spokesman Michael Smith said, “We were especially impressed by the way National Debt Relief treats its customers. The funds they send to it are deposited in a trust account they control. These funds remain untouched until National Debt Relief settles one of a customer’s debt at which time he or she releases the funds required to pay for the settlement. National Debt Relief charges no upfront or maintenance fees. It is totally results driven meaning that its clients pay nothing until they are satisfied with the settlements that National Debt Relief has negotiated for them and with their payment plans. National Debt Relief historically has been able to settle its customer’s’ debts for 50% of what they owed less the company’s fees.”
Bad debt consolidation has become extremely important for residents of Charlotte given the fact that the city’s unemployment rate is currently 8.5%. The average North Carolinian owes $5548 in credit card and 59% of the state’s students borrowed money to finance their educations and graduated this past spring owing an average of $23,893. Making matters even worse the city’s average hourly wage is just $22.51.
National Debt Relief also scored highly in the area of customer satisfaction as the majority of its customers have reported that they were “very satisfied” with the services they received from the company. Its fees are reasonable and it custom tailors its bad credit debt consolidation programs to each customer instead of a one-size-fits-all solution. National Debt Relief offers a free debt analysis and has helped more than 100,000 families and individuals become debt free through debt settlement and consolidation. The website TrustPilot has almost 200 reviews of the company and it is rated #1 in debt consolidation on Top Consumer Reviews and Top 10 Reviews. In addition, the company has consistently maintained an A rating with the Better Business Bureau.
The company rated second best for bad credit debt consolidation by BestDebtConsolidationLoans.org is CuraDebt. It has been in business for 13 years and has excellent working relationships with the credit card companies. CuraDebt’s counselors are trained to listen carefully to its customers to make sure they understand their situations so that they can make the best recommendations given their circumstances. CuraDebt is able to help with bad credit card debt consolidation and with defaulted loans, tax debts and student loan debts.
The analysts at BestDebtConsolidationLoans.org ranked Consolidated Credit as third best bad credit debt consolidation program in Charlotte. The reason for this is that it primarily does consumer credit counseling but is also able to offer debt consolidation in the form of a debt management plan. This is where one of Consolidated Credit’s certified counselors analyzes the customer’s income, debts, budget and credit score to determine what payments the person can actually afford to make. The counselor then contacts each of the customer’s lenders to determine if it would be willing to accept that payment. If all of them agree, the customer will then no longer be required to pay them but will send one check a month to Consolidated Credit.
Residents of Charlotte NC that are stressed to repay their debts should definitely go to the website www.BestDebtConsolidationLoans.org to learn what help is available from National Debt Relief, CuraDebt and Consolidated Credit as well as about bad credit debt consolidation in general.