Floridians have an average of $4.861 in credit card debt and an average of$47,181 in total debts. Add to this Jacksonville’s unemployment rate of 6.6% and it’s easy to understand why many of the area’s residents are having a hard time repaying their debts.
Fortunately there is help available for these people in the form of debt consolidation programs. The online reviews company BestDebtConsolidationLoans.org recently analyzed these programs and is announcing that the best three are National Debt Relief, CuraDebt and Consolidated Credit.
Furthermore,BestDebtConsolidationLoans.org found that the top company for debt consolidation programs is National Debt Relief.
“We rated this company number one for several reasons,” said BestDebtConsolidationLoans.org’s Jimmy Saver. “For one thing, National Debt Relief has already helped more than 100,000 families and individuals find freedom from their debts through a combination of debt settlement and consolidation.”
For another thing, National Debt Relief does not offer debt consolidation loans as it understands that people can’t borrow their way out of debt. Instead, it works with its customers’ lenders to negotiate lump sum settlements. In return for these payments the lenders agree to forgive National Debt Relief customers’ remaining balances so that their debts are usuallyreduced by 40% to 50%.
BestDebtConsolidationLoans.org also gave National Debt Relief high marks because of its customer relations and business ethics. It requires no upfront or maintenance payments. Instead, it charges its customers nothing until it has settled all their debts to their satisfaction and offered them payment plans, which they approved. In addition, all the funds that the company’s customers send to National Debt Relief are deposited in trust accounts that only they can administer. When National Debt Relief successfully settles one of a customer’s debts, he or she releases the funds necessary to pay for it, and this is the only way that a customer’s funds can be accessed.
National Debt Relief is accredited by the Better Business Bureau and has an A rating. It is also a member of the US Chamber of Commerce and the American Fair Credit council.
BestDebtConsolidationLoans.org ranked CuraDebt as having the second best debt consolidation program in Jacksonville. The analysts at BestDebtConsolidationLoans.org rated this company highly because it offers prospective customers a free debt analysis and savings estimate so they will know what to expect from CuraDebt before going forward. CuraDebt’s counselors have excellent working relationships with the credit card companies and are able to help the company’s customers with tax debts, credit card debts, defaulted loans and even student loan debts. The company has been in business for 13 years and has helped hundreds of customers become debt free through debt consolidation or debt settlement.
Consolidated Credit was rated as the third best debt consolidation program provider in Jacksonville. “We feel that Consolidated Credit can be a great resource for people that need help managing their debts,” said Saver, “but it offers just the one solution, which is a debt management plan. This can be a good solution for some people as a Consolidated Credit counselor will work with him or her by reviewing their debts, credit score and budget and then discussing what would be the best debt consolidation program given their financial situation.” Unfortunately, the only debt consolidation program that Consolidated Credit can offer is a debt management plan, which won’t be right for everyone. It generally takes five years to complete one of these plans and this can be too long for some people.”
People who live in the Jacksonville area and are having a very hard time repaying their debts should go immediately to the website www.BestDebtConsolidationLoans.org to get more information on debt consolidation programs and on National Debt Relief, CuraDebt and Consolidated Credit.