The Bureau of Labor Statistics recently reported that unemployment in the Memphis area remains stubbornly high at 8.5%. This means there are nearly 50,000 people out of work. Tennesseans owe an average of $4669 just in credit card debt and an average of$42,378 in total debts. And Tennessee’s college students graduated this past spring owing an average of $21,775 in student loan debts.
After reviewing these numbers, numbers BestDebtConsolidationLoans.org felt it needed to analyze the debt consolidation providers in Memphis to determine which would be the best. Its analysis revealed that National Debt Relief, CuraDebt and Consolidated Credit are the top three and that National Debt Relief is the best choice for debt-strapped Memphis residents.
A spokesman for BestDebtConsolidationLoans.org, said, “We ranked National Debt Relief number one for debt consolidation for two important reasons. First, it tailors its debt consolidation programs specifically to each of its customers instead of offering just a one-size-fits-all solution such as a debt consolidation loan. It is usually able to help its customers become debt free in 24 to 48 months depending, of course, on the size of their debts.
“Second, we were very impressed by the way that National Debt Relief works with its customers. All the funds they send to it are deposited into trust accounts that they control. All of this money is used only to settle their customers’ debts and not for their fees. This sets National Debt Relief apart from many debt consolidation firms that charge either upfront or maintenance fees. In fact, National Debt Relief assesses its fees only after it has settled all of a customer’s debts to his or her satisfaction and presented a payment plan, which they approved”.
BestDebtConsolidationLoans.org also gave National Debt Relief high scores for its customer service and customer solutions. The majority of its customers have reported that they were “very satisfied” with the company and its services.National Debt Relief is a member of the Better Business Bureau where it has consistently maintained an A rating. It is also a member of the US Chamber of Commerce and the American Fair Credit counsel. Plus, it is rated #1 on the websites Top 10 Reviews and Best Consumer Reviews and is very financially stable.
BestDebtConsolidationLoans.org reported that the company found CuraDebt to be the second best debt consolidation provider in Memphis. This was based on the fact that it offers customers both debt settlement and debt consolidation solutions. Its customer service representatives can help with debt consolidation programs that include non-profit debt consolidation, debt management, consumer credit counseling and consolidation loans. They are knowledgeable and have excellent working relationships with the credit card companies. CuraDebt is 13 years old and has helped numerous customers get their debts under control and paid off.
BestDebtConsolidationLoans.org ranked Consolidated Credit as the third best debt consolidation provider in Memphis. While it is a consumer credit counseling company it also offers debt management plans to those of its customers that need one. The way this works is that one of Consolidated Credit’s certified counselors will first analyzethe customer’s finances to determine what strategies mighthelp him or her better manage their debt payments. In some cases it will turn out that the best strategy would be a debt management plan. In this case, the counselor will let him or her know what their monthly payments would be on the plan and how long it would take to complete it. If he or she accepts the plan they will longer be required to pay their creditors. Instead they will send one check a month to Consolidated Credit – so that their debts will have been consolidated.
If you live in the Memphis area, owe $7500 or more and are having a very hard time paying it back, you definitely need to go to the site www.BestDebtConsolidationLoans.org to get more information about National Debt Relief, CuraDebt and Consolidated Credit – and debt consolidation programs in general.