The company BestDebtConsolidationLoans.org recently analyzed the top debt consolidation companies available to residents of the Bay Area to determine which could offer the most help. It recently announced its findings that the best three are National Debt Relief, CuraDebt and Consolidated Credit.
While the Bay Area is flourishing, the state of California is not doing as well as its unemployment rate is currently 7.5%, which ranks it 44th in the country. The state’s residents have an average of $4397 just in credit card debt. Residents of San Jose have an average total debt of an astounding $97,150 while San Franciscans are doing a bit better with an average total debt of$92,010. However, the typical San Franciscan has $5861 just in credit card debt.
The best bad credit debt consolidation company in San Francisco-Oakland-San Jose according to BestDebtConsolidationLoans.org is National Death Relief. In its seven-year history this company has helped more than 100,000 families and individuals achieve relief from their debts through debt settlement. It offers its customers bad credit debt programs specifically tailored to their financial circumstances. “One of the main reasons we ranked National Debt Relief as the best option for debt strapped Bay Area residents,” said BestDebtConsolidationLoans.org’s Jimmy Saver, “is because of its business practices. It charges no upfront or maintenance fees and, in fact, charges its customers nothing until it has settled her or his debts satisfactorily. Plus, National Debt Relief has a very liberal cancellation policy whereby customers can cancel out of their programs any time they become dissatisfied for any reason and won’t be charged a cent.
BestDebtConsolidationLoans.org ranked CuraDebt the second best bad credit debt consolidation company. It has been in business for 13 years and its counselors are able to help customers not with just bad credit card debt but also student loan debt, defaulted loans and tax debts. “We gave CuraDebt” high marks especially in customer relations,” Saver noted. “This was because it offers customers a free no-obligation consultation and free savings estimate. That way, prospective customers can get a good idea of what they’re getting into and how much they would likely save with CuraDebt before signing on with the company.”
“We liked Consolidated Credit because of the free debt analysis it offers prospective customers,” reported Saver. “However, we ranked it third best because it has just one solution to bad credit debt and that’s consumer credit counseling.” On the positive side, Consolidated Credit offersa free debt evaluation to everyone that contacts it, which includes an analysis of the person’s debt, credit score and budget. It will then recommend a debt solution based on that information. If that solution turns out to be a debt management plan as it does in many cases, Consolidated Credit then advises the customer as to how much he or she will have to pay each month and how long it will take to complete the plan. “We see this as a legitimate way to achieve debt consolidation,” noted Saver, “but it tends to be a one-size-fits-all solution. Many debt strapped consumers would be better off going to a company such as National Debt Relief or CuraDebt where they would find more than one bad debt consolidation solution.”
If you live in San Francisco, Oakland or San Jose and are struggling to repay your debts, you should go to the website www.BestDebtConsolidationLoans.orgfor more information on National Debt Relief, CuraDebt and Consolidated Credit.