A dismal fact about the Miami-Ft. Lauderdale area is that unemployment remains relatively high at 6.6%, which means that there are currently about 201,000 people out of work. Floridians in general have an average of$47,181 in total debt per household and of this amount, they average of $4861 just in credit card debt. Fifty-one percent of Florida students borrowed money to finance their educations and last year they graduated owing an average of$22,873.
Given the fact that debt has become such an issue for many residents of Miami-Fort Lauderdale the online reviews site BestDebtConsolidationLoans.org felt it was important to analyze the bad credit debt consolidation loan companies available to area residents to determine which were the best ones. It concluded that the best three are National Debt Relief, CuraDebt and Consolidated Credit.
All three of these companies are capable of helping debt-strapped residents of the Miami-Fort Lauderdale area,However, BestDebtConsolidationLoans.org ranked National Debt Relief as number one. This was based on the high scores it earned in customer service and satisfaction, business ethics and fees.
A spokesman forBestDebtConsolidationLoans.org said, “National Debt Relief treats its customers very fairly and very honestly. It never charges them until it has satisfactorily settled their debts and they have approved their payment plans.” National Debt Relief has a very liberal cancellation policy in that anytime a customer becomes unhappy with the company he or she can cancel out and won’t be charged a cent. National Debt Relief also offers a money back guarantee. “What this amounts to,” said the spokesman, “is that National Debt Relief is very results driven. If it doesn’t deliver the results it promised, it earns nothing.”
The analysts atBestDebtConsolidationLoans.org noted the fact that National Debt Relief is Better Business Bureau certified and has an A rating. They were also impressed that in its seven-year history the company has helped more than 100,000 families and individuals achieve freedom from their debts.
“The fact is that people just can’t borrow their way out of debt,” noted National Debt Relief’s Paul Ritz, “which is why we don’t offer debt consolidation loans. We work with our customers’ lenders to settle their debts for lump sums in return for which the lenders then forgive our customers’ remaining balances. This enables our customers to become debt free in anywhere from 24 to 48 months depending on the size of their debt. We see this as a better solution than a consolidation loan, which just moves debt from one set of lenders to a new one”.
BestDebtConsolidationLoans.org ranked CuraDebt as the second best bad credit debt consolidation loan company in Miami-Fort Lauderdale. It operates in a very transparent manner in that it provides all its prospective customers with a debt analysis and savings estimate. This gives them a clear idea of what to expect from CuraDebt before they sign a contract. The analysts atBestDebtConsolidationLoans.org gave CuraDebt high marks because it’s customer service representatives are very knowledgeable and have excellent working relationships with the credit card companies.
Ranked third best by BestDebtConsolidationLoans.org is Consolidated Credit. It was ranked this wayas it has just one bad credit debt solution – a debt management plan. However, it also provides consumer credit counseling where one of its debt experts will help a customer develop strategies for managing his or her debt payments. If appropriate, the counselor will also offer a debt management plan, which is a way to consolidate debts without having to borrow money. One of these plans can generally enable a person to become debt free in about five years. The downside of Consolidated Credit is that it has just the one solution and there are people that would be better off with an alternative such as debt settlement or even bankruptcy.
Residents of the Miami-Fort Lauderdale area that have been overwhelmed by their debts or feel they can’t repay them in 24 to 48 months should definitely go to the website www.BestDebtConsolidationLoans.org for more information on National Debt Relief, CuraDebt and Consolidated Credit bill,