One business magazine recently described the Cleveland area’s economic recovery as “tepid.” This can be seen by the fact that its unemployment rate remains stubbornly high at 7.2% and that the percentage of indebted household income is 14.45%, which means that the average Cleveland household owes nearly 15% of its income to credit card companies. Sixty-nine percent of Ohio’s students borrow money to finance their schooling and students graduated this past spring with an average of $29,037, making Ohio one of the worst in the nation.
While Cleveland may be one of America’s best cities for hospitals, these statistics make it clear why it’s economic recovery can best be described as “tepid.”
“When we saw that residents of the Cleveland-Akron area were having such a tough time with their debts, we decided it was important to evaluate the debt consolidation providers available to them,” said BestDebtConsolidationLoans.org spokesman Michael Jimmy Saver. ‘What our study revealed is that the top three are National Debt Relief, CuraDebt and the Consolidated Credit.”
Of these three, BestDebtConsolidationLoans.org ranked National Debt Relief as the best debt consolidation program provider. There were a number of reasons for this, not the least of which is that the majority of its customers reported that they were “very satisfied” with the company’s services. National Debt Relief has consistently maintained an A rating with the Better Business Bureau. It’s debt counselors were found to be both experienced and helpful and able to provide customers with debt consolidation solutions tailored to their specific financial situations.
“National Debt Relief is a very ethical company,” remarked Saver. “The funds that customers send it are put in a trust account, which they control. When National Debt Relief successfully settles a customer’s debt, he or she then releases the funds required to pay for the settlement. If, when all of the customer’s debts have been settled butthere is not enough money in the trust account to pay off all of them, National Debt Relief submits a payment program. These programs typically take two to four years to complete at which time the customer will be completely debt free.”
BestDebtConsolidationLoans.org ranked CuraDebt as the second best debt consolidation provider for residents of the Cleveland area. This is due primarily to the fact that CuraDebt can help Clevelanders not just with bad credit card debts but also with tax debts, student loan debts and defaulted loans. In addition, its counselors have excellent working relationships with the credit card companies and are almost always able to deliver on the promises they make their customers. CuraDebt offers debt consolidation, debt settlement and tax debt relief. CuraDebt counselors listen carefully to their customers’ situations and then utilize their years of experience to make the right recommendation that their situations require.BestDebtConsolidationLoans.org also liked the fact that CuraDebt provides its prospective customers with a free debt analysis and savings estimate.
Consolidated Credit was ranked third by BestDebtConsolidationLoans.org. ”It specializes in consumer credit counseling,” said Saver,“which can help certain people get their debts under control and ultimately paid off. We liked the fact that Consolidated Credit’s advisors are experienced and knowledgeable. They’ll analyze a customer’s situation including her or his debts, credit score and budget and then suggest the best debt relief option given this information. On the downside, the only real solution that Consolidated Credit offers is a debt management plan, which is not always the best option for people struggling under a large load of debt.”
If you live in the Cleveland-Akron area and are struggling under a load of debt, there is help available. You need to go to the website and www.BestDebtConsolidationLoans.org for more information on National Debt Relief, CuraDebt and Consolidated Credit.