This is based on a survey done recently by BestDebtConsolidationLoans.org to determine which debt consolidation providers could offer residents of Detroit the most help. “The reason we undertook this study,” saidBestDebtConsolidationLoans.org’s Jimmy Saver, “is because we saw that Detroit residents carry an average debt load of $23,604. Sixty-two percent of Michigan students need to take out student loans to pay for their schooling and graduated this past year owing an average of $23,604. However, the most alarming statistic is that the tri-county Detroit metropolitan area has an unemployment rate of 9.8% while the city of Detroit’s unemployment rate is a dismal 11.1%.”
Saver also indicated that of these three companies, National Debt Relief is the top debt consolidation provider for residents of Detroit struggling to repay their debts. One of the major reasons for this is because of its business ethics as National Debt Relief charges no upfront or maintenance fees.This is in contrast to other debt consolidation companies that require their customers to pay them up front or that charge monthly maintenance fees. In addition,National Debt Relief offers plans that are custom tailored to each of its customers and not just a one size fits all solution.
The funds that are sent to National Debt Relief by its customers are put into trust accounts that they control. When National Debt Relief settles a customer’s debt, he or she then releases the funds necessary to pay for the settlement. If when all of a customer’s debts have been settled, there is not enough money in his or her account to pay for all of the settlements, National Debt Relief offers a payment program. In the event that a customer is not satisfied with the settlements negotiated by National Debt Relief or with theirpayment program, he or she can opt out and won’t be charged a single cent.National Debt Relief has high customer satisfaction ratings and its charges are reasonable. The company specializes in providing debt consolidation and settlement programs to consumers that have more than $7500 in debts and have helped more than 100,000 people become debt free through debt settlement and consolidation.
National Debt Relief has consistently maintained an A rating with the Better Business Bureau and is a member of the American Fair Credit Council.
CuraDebt was ranked as the second best debt consolidation provider in Detroit. It’s been in business for 13 years and offers prospective customers both a free debt analysis and savings estimate. “We found that CuraDebt’s counselors are experienced and able to help the company’s customers not just with credit card debt but also with tax debts, student loan debts and even defaulted loans. CuraDebt offers a variety of solutions for residents of Detroit struggling to repay their debts including debt consolidation and debt settlement.It is a member of NetCheck with no complaints and also charges no monthly fees.
Consolidated Credit was ranked third by BestDebtConsolidationLoans.org as it offers just the one debt settlement solution – a debt management plan. “The combination of consumer credit counseling and debt management plans offered byConsolidated Credit can be a good solution for many people,” Saver noted, “but not for everyone. A debt management plan can easily take five years to complete. And if a person misses a single payment or violates the conditions of the plan in any way, it can be cancelled, leaving the person in worse shape than before.”
People who live in the Detroit area and are having a problem repaying your debts should definitely go to the website www.BestDebtConsolidationloans.org to learn more about debt settlement, debt consolidation and about National Debt Relief, CuraDebt and Consolidated Credit.