What help is available to these debt-strapped residents? The online company BestDebtConsolidationLoans.org recently undertook a debt consolidation loan company review to answer this question and to determine the best three debt consolidation programs in Dallas-Fort Worth. The results of this study are that the top three are National Debt Relief, CuraDebt and Consolidated Credit.
Something else that’s big about Texas is the amount of the average credit card debt of its residents, which is $6724. Residents of Dallas-Ft. Worth have an average of $46,316 in total debt, not including mortgage debt, which averages $30,820. And Dallas-Ft. Worth consumers have an average credit card debt of just a bit less than $5,000, ranking them 5th in the nation.
Of these three debt consolidation program providers, National Debt Relief came out on top for a variety of reasons. “We looked at a number of different factors in evaluating these companies, said BestDebtConsolidationLoans.org’s Jimmy Saver. “We felt that two of the most important were the company’s business ethics and the services it offers. National Debt Relief ranked number one in these areas. It is a very ethical company and that it charges its customers nothing until it has settled their debts to their satisfaction and provided them with an approved payment plan. Plus, National Debt Relief has a very liberal cancellation policy. If a customer becomes unhappy with the company for any reason, he or she can opt out of their program and won’t be charged a single cent.”
National Debt Relief also scored highly because it the funds its customers send to the company are placed in escrow accounts that only they can administer. National Debt Relief provides its customers with debt relief programs tailored specifically to their needs and not a one size fits all solution. It has continually maintained an A rating with the Better Business Bureau and is a member of the American Fair Credit Council.
BestDebtConsolidationLoans.org ranked CuraDebt as having the second best debt consolidation program available in Dallas-Fort Worth. “We found that this company has excellent relationships with the credit card companies and is almost always able to deliver on the promises it makes its customers,” said Saver. “We also scored CuraDebt high in customer service because it offers a free initial consultation and fee savings estimate. We also liked the fact that in addition to bad credit card debts, it can also help its customers with defaulted loans, student loan debts and tax debts.” CuraDebt has been in business for 13 years and specializes in helping people who owe more than $10,000.
Consolidated Credit was ranked third best debt consolidation program by BestDebtConsolidationLoans.org because it provides only consumer credit counseling, which does include a free debt analysis from a certified debt counselor. Based on this analysis, the counselor will then recommend what he or she believes to be the best option for that specific person. In many cases this will be a debt management plan. “We recognize that a debt management plan can be an effective way to consolidate debts and get them paid off,” noted Saver, “but these plans can take as long as five years to complete and statistics show that many people are never able to finish them. Plus, a debt management plan cannot get debts reduced as can debt settlement, which could be a better option for people that are heavily in debt.”
If you are a resident of Dallas Fort Worth and struggling to repay your debts, you should definitely go to the website www.BestDebtConsolidationLoans.org and learn more about National Debt Relief, Consolidated Credit and CuraDebt.