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Amine Rahal

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Freedom Debt Relief – Full 2025 Review (Fees + Ratings + Comparison)

by | May 3, 2025 | Debt Relief

Freedom Debt Relief Logo

Is Freedom Debt Relief Legit? Here’s an honest look at one of America’s largest debt settlement companies. This review follows reviews we have done of other similar companies such as New Era Debt, Family Credit Management, Cura Debt and Turbo Debt. Ultimately, all these debt relief companies offer similar services, so we recommend that you shop around and check the rates you get from different companies. Don’t just pick the first one.

Overview of the Company

Freedom Debt Relief (FDR) is one of the most established debt settlement firms in the U.S., helping clients resolve over $15 billion in debt since 2002. Headquartered in San Mateo, CA, it serves clients nationwide (excluding a few states) and focuses on unsecured debt such as credit card balances and medical bills.

  • Founded: 2002
  • Headquarters: San Mateo, CA
  • Website: www.freedomdebtrelief.com
  • Minimum Debt: $10,000
  • Fees: 15%–25% of enrolled debt
  • Accreditations: AADR, IAPDA, BBB A+

Key Services Offered

  • Free debt consultation
  • Custom settlement plans
  • Creditor negotiation
  • Online dashboard
  • Dedicated support team

Pros & Cons

Pros Cons
✅ One of the most experienced firms ❌ Credit score may drop during program
✅ No upfront fees ❌ Not available in every state
✅ Strong client support & dashboard ❌ May receive frequent sales calls
✅ Accredited by major associations ❌ Not suitable for secured or tax debt

Ratings & Reviews Summary

Source Rating Highlights
BBB A+ / 4.47★ Strong transparency record
TrustPilot 4.6★ (42,000+) Customer service and results praised
Google Reviews 4.7★ Generally positive, some delays noted

Please check the most current ratings from these review sites as they may have changed since we wrote this review.

How It Works

  1. Start with a free consultation
  2. Enroll in a custom settlement plan
  3. Deposit monthly into a secure account
  4. FDR negotiates with creditors on your behalf
  5. You approve and pay reduced settlements
  6. Graduate after debts are resolved (24–48 months)

Is It Right for You?

Great for:

  • Anyone with $10k+ in unsecured debt
  • People seeking a big, reputable brand
  • Those needing hands-on guidance and a support team

Not ideal for:

  • Consumers with secured debt or IRS tax issues
  • People living in restricted states
  • Anyone seeking a DIY or consolidation loan approach

💬 Frequently Asked Questions About Freedom Debt Relief

1. What does Freedom Debt Relief do?

Freedom Debt Relief helps consumers settle unsecured debts—primarily credit card balances—by negotiating directly with creditors to reduce the total amount owed. They create customized programs based on your debt, income, and hardship.

2. Is Freedom Debt Relief legit?

Yes. Freedom Debt Relief has been operating since 2002 and is accredited by the American Association for Debt Resolution (AADR) and certified by the International Association of Professional Debt Arbitrators (IAPDA). They’ve helped over 850,000 people resolve more than $15 billion in debt.

3. What kind of debt can Freedom help with?

They handle unsecured debts, including:

  • Credit cards

  • Personal loans

  • Medical bills

  • Store cards

  • Some private student loans

They do NOT work with:

  • Mortgages

  • Auto loans

  • IRS tax debt

  • Federal student loans

4. What is the minimum debt required?

You typically need at least $7,500–$10,000 in unsecured debt to qualify for their program.

5. How does the debt settlement process work?

  1. You stop paying your creditors.

  2. You deposit funds monthly into a dedicated settlement account.

  3. Freedom negotiates with your creditors after enough funds accumulate.

  4. They settle the debt for less than what you owe.

  5. You approve the settlement before payment is released.

The process usually takes 24–48 months depending on your ability to save.

6. How much can I save with Freedom Debt Relief?

On average, clients who complete the program reduce their enrolled debt by 45–60% before fees. After fees, net savings may be 20–30% depending on your specific case.

7. What fees does Freedom charge?

Freedom charges 15% to 25% of the enrolled debt amount, but only after a successful settlement is reached. No upfront fees are charged (in compliance with FTC rules).

8. Will this hurt my credit score?

Yes, debt settlement typically causes a temporary drop in your credit score because you stop making payments to creditors. However, many clients see gradual recovery after completing the program and resolving debts.

9. Does Freedom Debt Relief guarantee success?

No. Results vary by client. Some creditors may not agree to settle, and you must remain consistent with your monthly deposits. However, Freedom has thousands of successful settlements documented.

10. Can I cancel the program if I change my mind?

Yes. You are not locked in. You can cancel at any time without penalty. However, if you cancel after a debt has already been settled, you will still owe the associated settlement fee.

11. Is this service available in all 50 states?

No. Freedom is currently available in 40+ U.S. states. They do not operate in:

  • CT

  • GA

  • HI

  • IL

  • ME

  • NH

  • NJ

  • ND

  • OR

  • SC
    (Since this list may change, please check their site or call to confirm availability in your state.)

12. What happens to interest and late fees during the program?

While enrolled, creditors may still charge interest and late fees until a settlement is reached. These costs are factored into settlement negotiations.

13. Is the forgiven debt taxable?

Yes, in most cases the IRS considers forgiven debt taxable income. Freedom recommends speaking with a tax advisor to understand your obligations.

14. What happens if I miss a monthly payment?

Missing payments can delay settlements or cause your account to be removed from the program. Consistency is critical to success.

15. Can I still use my credit cards during the program?

No. You must stop using credit cards that are enrolled in the program. Using them can jeopardize your eligibility.

16. Will I receive collection calls?

Yes. Because you’re not paying creditors directly, you may receive calls or notices. However, Freedom provides advice and support to help manage communications.

17. Can Freedom Debt Relief stop lawsuits or wage garnishment?

No, not directly. Debt settlement may reduce the chance of being sued, but it doesn’t guarantee protection. If you’re facing legal action, consult an attorney.

18. Who should avoid debt settlement?

You should probably avoid debt settlement if:

  • You’re not behind on payments

  • You can pay off your debt in under 2 years with budgeting

  • You need to protect your credit score at all costs

  • You primarily have secured debt (mortgage, auto loans)

Final Verdict

Freedom Debt Relief is a trusted, experienced player in the debt relief industry. With no upfront fees, a solid negotiation team, and thousands of satisfied clients, it’s a solid option for those struggling with unsecured debt. While it may not be the most boutique or personal solution, it’s certainly one of the most proven.

Check Eligibility at FreedomDebtRelief.com

ClearOne Advantage – We Review This Debt Relief Company [2025]

ClearOne Advantage – We Review This Debt Relief Company [2025]

by | May 2, 2025 | Debt Relief

ClearOne Advantage logo

Seeking debt relief and wondering whether ClearOne Advantage is a good choice? Look no further. In this article, we’ll review the company, its debt relief services, its reviews and ratings and we’ll break down their services and costs as well when it comes to debt settlement, debt consolidation, credit counselling and other similar services they may offer.

#1 Rated Debt Relief Company in 2025?

Are you looking for the #1 Rated Debt Relief & Settlement Company in 2025? See our New Era Debt review. New Era Debt has received the highest number of positive reviews amongst all the 20 companies we researched. 

> Check if you qualify

> Visit Website

What is ClearOne Advantage?

ClearOne Advantage logo

ClearOne Advantage is an American debt relief company specializing in debt settlement services. Founded in 2008 and headquartered in Baltimore, Maryland, ClearOne Advantage has helped thousands of clients reduce their unsecured debts through negotiation with creditors. The company offers customized debt relief programs designed to help individuals regain financial stability without resorting to bankruptcy.

  • Headquarters: Baltimore, Maryland
  • States Covered: Available in most U.S. states (check their website for state-specific availability)
  • Founded in: 2008
  • Website: www.clearoneadvantage.com
  • Phone: 1-888-340-4697

👍 Pros of ClearOne Advantage

  • No upfront fees – you basically pay only when debts are settled
  • Free consultation with customized relief plan
  • Online portal to track progress 24/7
  • Highly rated across BBB, Google, Trustpilot
  • Member of AADR and IAPDA certified
  • Dedicated customer support team

👎Cons of ClearOne Advantage

  • Only available in select U.S. states
  • May negatively impact your credit score short-term
  • Does not assist with secured debt (e.g. mortgages, car loans) like many other debt settlement companies.
  • No services for IRS/tax debt (CuraDebt may be better for tax debt.)
  • Not all creditors may agree to settlements

ClearOne Advantage Application Process

  1. Free Consultation: Speak with a debt specialist to evaluate your situation
  2. Enrollment: If you qualify, you’ll be enrolled in a tailored debt settlement plan
  3. Build Savings: Start making monthly deposits into your settlement account
  4. Negotiation Phase: ClearOne negotiates with creditors to reduce total debt
  5. Debt Settlement: Pay reduced balances as settlements are reached
  6. Graduation: Once all debts are settled, you complete the program

This process typically spans 24 to 48 months, depending on your balance and savings rate.

Services Offered by ClearOne

ClearOne Advantage Signup Form

  • Free Debt Analysis
  • Debt Settlement & Negotiation
  • Customized Debt Reduction Plans
  • Financial Education & Budgeting Support
  • Upfront Fees (Performance-Based Fees)
  • Dedicated Client Portal for Account Management

Minimum Requirements:

  • Minimum Debt: $10,000 in unsecured debt
  • Income Minimum: No strict requirement, but must demonstrate the ability to make monthly program payments

Who Should Consider ClearOne Advantage?

ClearOne Advantage is best suited for:

  • Individuals with $10,000 or more in unsecured debt such as credit cards and some loans.
  • Those struggling to make minimum payments
  • People seeking an alternative to bankruptcy
  • Clients looking for hands-on guidance and a modern digital experience
  • Consumers in qualifying U.S. states with moderate to strong income

ClearOne may not be ideal for:

  • Consumers with secured debt like mortgages or auto loans
  • Individuals needing tax debt or federal student loan help
  • Those unwilling to take a short-term hit to their credit score

ClearOne Advantage Ratings & Reviews:

ClearOne Advantage has built a strong reputation for its transparency, customer service, and ability to help clients settle their debts. Here’s how they are rated across major platforms:

  • BBB Rating: A+ (Accredited Business)
  • BBB Reviews: 4.72/5 Stars (Over 1,500 Reviews)
  • Trustpilot: 4.8/5 Stars (Over 3,000 Reviews)
  • Google Reviews: 4.6/5 Stars
  • Consumer Affairs: 4.7/5 Stars
  • Investopedia Rating: 4.1/5 Stars
  • Accreditations: Member of the American Association for Debt Resolution (AADR), Certified by the International Association of Professional Debt Arbitrators (IAPDA)

ClearOne Advantage VS Others

Here is a brief overview of how this company compares with other popular competitors in the debt settlement space…

Company Avg. Rating Fees Min. Debt BBB Rating
ClearOne Advantage 4.37 / 5 20% – 25% $10,000 A+
New Era Debt Solutions 4.9 / 5 14% – 23% $10,000 A+
TurboDebt 4.9 / 5 15% – 25% $10,000 A+
Freedom Debt Relief 4.59 / 5 15% – 25% $10,000 A+
Pacific Debt Relief 4.85 / 5 15% – 35% $10,000 A+

 

Key Features & Benefits:

1. Free Consultation & Customized Plan

ClearOne Advantage provides a free initial consultation to assess your financial situation and determine if you qualify for their debt relief program. Each plan is tailored to the client’s financial needs, ensuring a manageable path toward debt resolution.

2. No Upfront Fees

Unlike some competitors, ClearOne Advantage does not charge upfront fees. Instead, their fee structure is performance-based, meaning they only charge a percentage of the settled debt once a negotiation is successfully completed.

3. Debt Reduction Through Negotiation

The company negotiates with creditors to reduce the total amount owed. Many customers have reported savings of 40% to 60% on their original debt balances before fees.

4. Online Client Portal

ClearOne Advantage offers an online portal where clients can monitor their progress, track payments, and communicate with their dedicated support team.

5. Strong Customer Support

With a team of debt specialists available via phone, email, and chat, ClearOne Advantage ensures clients receive guidance throughout the entire settlement process.

Limitations & Considerations:

While ClearOne Advantage has many benefits, it’s essential to be aware of potential downsides:

  • Debt settlement can negatively impact your credit score because creditors may report missed payments before settlements are reached.
  • Not all creditors agree to settlements, which means some debts may still need to be repaid in full.
  • State restrictions apply, and the service is not available in all U.S. states.

Customer Support Review:

ClearOne Advantage has received positive feedback for its customer service and transparency. Many clients praise the company for providing clear information about the settlement process and offering responsive support.

Here’s what a customer named Mark had to say about his experience:

“ClearOne Advantage helped me settle my credit card debts when I was drowning in payments. Their team was transparent, and I saved almost 50% on my total debt. The online portal made tracking everything easy. Highly recommend!”

Frequently Asked Questions (FAQ)

1. What types of debt does ClearOne Advantage handle? ClearOne Advantage specializes in unsecured debt, including credit card debt, personal loans, medical bills, and some private student loans. They do not handle secured debts like mortgages or auto loans. They don’t help with IRS or tax debt either.

2. How does ClearOne Advantage’s debt settlement process work? Clients enroll in a customized debt settlement program where they make monthly deposits into a special account. Once enough funds are accumulated, ClearOne negotiates with creditors to reduce the total debt amount. The process typically takes 24-48 months.

3. Are there any upfront fees? No. ClearOne Advantage follows a performance-based fee structure, meaning they only charge fees after successfully negotiating a debt settlement.

4. Will using ClearOne Advantage affect my credit score? Yes, debt settlement can impact your credit score. Since you stop making payments to creditors during negotiations, your credit score may drop. However, successfully settling debts can help you avoid more severe financial consequences like bankruptcy.

5. How long does the debt settlement process take? The process generally takes between 24 and 48 months, depending on the amount of debt and the client’s ability to make payments into the settlement account.

6. Is ClearOne Advantage available in all U.S. states? No, ClearOne Advantage is not available in all states. Check their website to see if they operate in your state.

7. Does ClearOne Advantage offer tax debt relief? No, ClearOne Advantage specializes in unsecured debt relief and does not offer services for IRS tax debt.

8. What qualifications do I need to enroll in ClearOne Advantage’s program? To qualify, clients generally need at least $10,000 in unsecured debt and must demonstrate a financial hardship that prevents them from repaying debts in full.

9. What should I expect during the free consultation? During the consultation, a debt specialist will review your financial situation and discuss potential savings, risks, fees, and timelines for debt relief.

10. How do I get started with ClearOne Advantage? Visit www.clearoneadvantage.com or call 1-888-340-4697 to schedule a free consultation.

Final Thoughts: Is ClearOne Advantage Right for You?

ClearOne Advantage is a legitimate and highly-rated debt settlement company that offers customized relief programs with no upfront fees. While debt settlement may impact your credit score, ClearOne Advantage has a strong track record of helping clients reduce their overall debt burden.

If you’re struggling with unsecured debt and considering settlement, ClearOne Advantage is worth exploring.

Check if you qualify Visit Website

CuraDebt – Legit Company for Debt Relief? Read Our Review…

by | Feb 5, 2025 | Debt Relief

CuraDebt Logo

Credit: CuraDebt.com

CuraDebt (https://www.curadebt.com/) is a debt relief company that has been in business since 1996 (according to their website), making it one of the oldest in the industry. They offer debt settlement and relief  services for various types of unsecured debt, including credit card debt, personal loans, medical bills, and tax debt. Based on our review, CuraDebt seems to have generated a lot of positive reviews for its debt relief services, particularly for its ability to help clients reduce their debt significantly through negotiations with creditors.

#1 Rated Debt Relief Company in 2025?

Are you looking for the #1 Rated Debt Relief & Settlement Company in 2025? See our New Era Debt review. New Era Debt has received the highest number of positive reviews amongst all the 20 companies we researched. 

> Check if you qualify

> Visit Website

Who is CuraDebt?

As we said earlier, CuraDebt is a debt settlement company that specializes in negotiating with creditors on behalf of consumers to reduce their overall debt. They work with individuals who are struggling to manage their credit card debt, tax debt, medical bills, or other unsecured debts.

  • Headquarters: Hollywood, Florida.
  • States Covered: All states EXCEPT: Connecticut, Georgia, Kansas, New Hampshire, South Carolina, Vermont, and West Virginia
  • Founded in: 1996 in Irvine.
  • Website: https://www.curadebt.com/
  • Phone: 1-877-850-3328 Ext. 400
  • Services Offered:
    • Free Debt Counselling
    • Negotiation With Creditors
    • Debt settlement
    • Tax debt relief
    • Debt consolidation (through partner lenders – watch out for the rates if you choose this path!)
  • Minimum debt: $5,000
  • Minimum Age: Must be at least 21+ years old.
  • Income Minimum: No minimum but must have verifiable regular income

Company Legitimacy, Ratings & Reviews

As we covered earlier, this company is operating in the debt settlement space since 1996, which makes it one of the oldest in the industry. In our view, the company’s longevity speaks volumes about its professionalism and customer service.

  • BBB Rating: A+ (best)
  • BBB Reviews: 4.74/5 Stars (27 Reviews)
  • Google Reviews: 4.8/5 Stars (304 Reviews)
  • Investopedia: 3.9/5 Stars
  • Yelp: 4.6/5 Stars (12 Reviews)
  • TrustPilot: 4.7/5 Stars (30 Reviews)
  • BankRate: 4.6/5 Stars
  • Accreditations:
    • Member of the American Association for Debt Resolution (AADR)
    • Certified by the International Association of Professional Debt Arbitrators (IAPDA)
CuraDebt BBB

CuraDebt BBB

CuraDebt Investopedia Rating

CuraDebt Investopedia Rating

CuraDebt Google Rating

CuraDebt Google Rating

 

CuraDebt Key Services & Features

  • Free Consultation: They provide a free initial consultation to discuss your debt situation and see whether you qualify for their services and what debt relief program is best for you.
  • List of Services Offered:
    • Debt Settlement
    • Debt Relief (Personal and Business)
    • Debt Negotiation
    • Debt Consolidation Program
    • Tax Debt Relief
  • Fee structure: No upfront fees; charges a fee only after successful debt settlement. Typically 20% of the settled debt
  • Strategy: Utilizes various strategies, such as creditor violations (e.g., FDCPA, TCPA) to negotiate better terms for clients
  • Limitations: services are not available in all U.S. states. Fill out the form to see if you qualify.

One of the key advantages of CuraDebt is that it does not charge upfront fees, meaning you only pay once a debt settlement has been successfully negotiated. The company’s fee structure is typically around 20% of the settled debt, which is in line with industry standards. CuraDebt is also known for its ability to identify creditor violations, which can sometimes lead to additional savings or settlements for the client.

However, it’s important to note that debt settlement can negatively impact your credit score, as the process often involves stopping payments to creditors while negotiations are underway. Additionally, CuraDebt’s services are not available in all U.S. states, and there have been some mixed reviews about customer service and transparency.

Customer Support Review

They seem to have a responsive customer support through their live chat feature. In fact, we asked their support team to explain their services briefly, and here is what one of their support agents named Genesis had to say:

“I’m going to explain a bit about our company and how we will assist you with your debt. Since 2000, we have been working nationwide, directly with clients’ creditors, to negotiate savings of 40 to 60 percent. Instead of making individual monthly payments to creditors, we create a plan for you where a portion of your funds is deposited into an account. As this amount accumulates, we negotiate agreements with your creditors on your behalf to eliminate your debt more quickly.

Here’s how it works: We will negotiate with each of your creditors to reduce the total amount you owe. For example, if you owe Capital One $800, and we negotiate it down to $300, you would pay $300 instead of $800. This $300 will come from your monthly payments into the account. Whenever we receive an offer, we will contact you to present it. Once you accept the offer, the money will be sent to the creditor.”

CuraDebt FAQ

What types of debt does CuraDebt handle?

CuraDebt specializes in settling unsecured debts, including credit card debt, personal loans, medical bills, private student loans, and tax debts. The company does not typically handle secured debts like mortgages or auto loans​, although you should probably ask them to find out.

2. How does the CuraDebt debt settlement process work?

The process begins with a free consultation to assess your debt situation and see if you qualify for their services. If you enroll, CuraDebt will negotiate with your creditors to reduce the amount you owe. You’ll make monthly deposits into a dedicated savings account, which will be used to settle the negotiated debts. The typical time frame for settlement is 24 to 48 months​.

3. Are there any upfront fees?

No, CuraDebt does not charge any upfront fees. You only pay a fee (usually 20% of the settled debt) after a successful settlement is reached and accepted​.

4. Will using CuraDebt affect my credit score?

Yes, participating in a debt settlement program can negatively impact your credit score. The process often involves stopping payments to creditors, which can lead to a drop in your credit score. However, the goal is to eventually settle the debts for less than what is owed, which may help improve your financial situation in the long run​. Also, note that the impact on your credit score isn’t as bad as a consumer proposal or bankruptcy.

5. How long does the debt settlement process take?

The debt settlement process with CuraDebt typically takes between 24 and 48 months, depending on the amount of debt and how quickly you can accumulate funds in your savings account for settlement​.

6. Is CuraDebt available in all U.S. states?

No, CuraDebt’s services are not available in all states. It operates in 26 states and the District of Columbia. If you live in a state where CuraDebt does not operate, you’ll need to look for alternative debt relief options.

7. Does CuraDebt offer tax debt relief?

Yes, CuraDebt offers services to help with tax debt relief. Their team includes tax professionals who can negotiate with the IRS on your behalf to resolve tax debts, penalties, and liens​.

8. What are the qualifications to use CuraDebt’s services?

To qualify for CuraDebt’s services, you must have a minimum of $5,000 in unsecured debt, be at least 21 years old, and have verifiable income. There is no maximum debt limit for their services​.

9. What should I expect during the free consultation?

During the free consultation, a CuraDebt counselor will review your financial situation and discuss your options for debt relief. They will explain the potential savings, timeline, risks, and fees involved in the process. This consultation helps you decide if debt settlement is the right choice for you​.

10. How do I get started with CuraDebt?

To get started, you can visit CuraDebt’s website to request a free savings estimate or call their customer service line. If you decide to enroll, you’ll be assigned a debt counselor who will guide you through the entire settlement process​.

 

TurboDebt – Legit Debt Relief Company? Read Our Review…

by | Feb 2, 2025 | Debt Relief

TurboDebt (www.TurboDebt.com), sometimes also spelled Turbo Debt, is a Debt Relief Company that offers services like Debt Settlement, Debt Relief, Debt Settlement, Credit Counseling, Credit Repair, Debt Consolidation, Debt Management and debt negotiation. TurboDebt aims to help individuals reduce their unsecured debts by negotiating with creditors to settle debts for less than the full amount owed. However, like most companies in the debt relief industry, TurboDebt has mixed reviews and may not be suitable for everyone.

#1 Rated Debt Relief Company in 2025?

Are you looking for the #1 Rated Debt Relief & Settlement Company in 2025? See our New Era Debt review. New Era Debt has received the highest number of positive reviews amongst all the 20 companies we researched. 

> Check if you qualify

> Visit Website

 

Company’s Snapshot

  • Official Name: TurboDebt, LLC
  • Official Website: www.TurboDebt.com
  • Phone: (844) 833-9771
  • Headquarters: 1643 NW 136th Ave, Building H Sunrise, Florida 33323
  • Service Available in: All states except WI, MN,OR, VT, and WV.
  • Founder: Joshua A. Stomel

Legitimacy, Ratings & Reviews

TurboDebt is a certified member of the American Association for Debt Resolution (AADR)

  • BBB Rating: A+ (maximum)
  • Google Reviews: 4.9/5 stars (6,692 reviews)
  • BBB Reviews: 4.9/5 stars (1,301 reviews)
  • TrustPilot Reviews: 4.9/5 stars (11,509 reviews)
  • Facebook Reviews: 4.4/5 stars (44 reviews)
  • SoloSuit: 4.8/5 stars (367 reviews)
  • ConsumerAffairs: 4.2/5 stars (13 reviews)

TurboDebt is definitely a legitimate company, and they seem to have a lot of great reviews, including an A+ rating by the BBB and a 4.9 out of 5 stars rating from TrustPilot. However, it’s essential to do your own research and consider whether debt settlement is the right choice for your financial situation. Debt settlement may not be the best option for everyone, especially if you have alternatives like credit counseling, debt management plans (DMP’s), or the ability to sell assets to pay off your debt.

TurboDebt Google Reviews TurboDebt TrustPilot Reviews TurboDebt BBB ReviewsTurboDebt BBB Rating

Services Offered by TurboDebt

Based on our review, these are the services currently offered by TurboDebt:

  • DMP: TurboDebt can offer DMP’s (Debt Management Plans) which can help you more easily manage debt.
  • Debt Settlement: this service involves negotiating directly with lenders on your behalf to settle your debt for less than what you currently owe.
  • Credit Counseling: Get help from a professional who will look at your situation and offer the best possible advice. 
  • Credit Consolidation: If your credit scores are fair or good, you can qualify to get a lower interest rate debt consolidation loan to consolidate all your debts into a single monthly payment.
  • Debt Forgiveness: Total debt forgiveness is very rare, but their counselors may be to help you see if you qualify for partial loan forgiveness.
  • Bankruptcy: When you qualify for none of the above, bankruptcy may be the only solution. The good news is that it will wipe out most of your debt. The bad news is that the impact on your credit score will be felt for  years.

If you need any more info about these services, we recommend reading the “How to get rid of debt” article from the FTC.

Pros👍:

  • Not a Lender: Unlike many other so-called “debt relief companies” that are essentially just lenders, TurboDebt clearly and explicitly states on its website that it is NOT a lender and does NOT issue loans. This is good news from our point of view, since you can rest assured that they won’t try to sell you a high-interest loan to pay off your debt. 
  • Free Consultation: This is a great starting point if you are unsure of which service is best to lower your debt. They offer various services, and the impact on your credit score varies with each service, so ask them for details about your specific situation and what option is best for you. 
  • Debt Reduction: TurboDebt can help reduce the overall amount you owe by negotiating with your creditors.
  • Debt Counseling: TurboDebt offers a free consultation where they can offer advice based on your specific situation. 
  • Various Debt Relief Options: If you’re struggling to manage your debt, TurboDebt might provide a viable option for you to get back on track, and the good thing is they offer personalized advice based on each client’s financial situation.

Cons👎:

  • Fees: Although they offer free consultations, all debt settlement companies, including TurboDebt, typically charge fees that are a percentage of the debt they help settle. Do your math to see if it makes sense for you. 
  • Potential Credit Impact: Depending on what service you choose, participating in a debt settlement program can negatively impact your credit score, as it often involves stopping payments to creditors. It is however not as bad and less severe as a bankruptcy or other options. 
  • Mixed Reviews: Although the reviews are mostly good, some customers report a negative experience with the service, while others have experienced difficulties, including complaints about customer service and outcomes. Do your due diligence. 

Debt Types They Can Help With

As listed on their website, TurboDebt can help you with the following types of debt:

  1. Business Debt: Debt incurred by a business owner to fund or maintain business operations, often including loans, credit lines, or business credit cards.
  2. Car Debt: Debt resulting from an auto loan taken out to finance the purchase of a vehicle, typically repaid in monthly installments.
  3. Credit Card Debt: Unsecured debt that accumulates from unpaid balances on credit cards, often carrying high-interest rates.
  4. Divorce Debt: Debt accumulated during or as a result of divorce proceedings, which can include legal fees, alimony, and the division of shared debts.
  5. Gambling Debt: Debt arising from money borrowed or credit used to finance gambling activities, often leading to financial strain.
  6. Medical Debt: Debt incurred from healthcare expenses, such as hospital bills, surgeries, and treatments, that are not covered by insurance.
  7. Tax Debt: Debt owed to the government due to unpaid taxes, which can include penalties and interest on overdue amounts.
  8. Veteran Debt: Debt specific to veterans, which can include unpaid benefits, loans, or other financial obligations tied to military service.
  9. Mortgage Debt: Debt secured by real property through a mortgage loan, typically repaid over a long term, such as 15 or 30 years.
  10. Retirement Debt: Debt that remains or accumulates during retirement, often from credit cards, loans, or lingering mortgage payments, affecting financial security in retirement.

This review should help you decide whether TurboDebt is right for you. Make sure you read our CuraDebt and Oak View Law Group reviews, are they are also two other legitimate debt relief companies that offer similar services. 

Also, make sure you do your due diligence and speak to a financial advisor or credit counseling company to determine the best debt relief option available for your specific situation. 

 

20 Best Debt Settlement Companies Ranked By Ratings & Reviews (2025)

by | Feb 1, 2025 | Debt Relief

Reviewed by: Lauren Brown

In these high-inflation times, people often ask us which company they should choose for debt settlement, negotiation or management. Now, since we couldn’t find a list of debt settlement companies in America ranked by their reviews and ratings on trusted third-party sites like the BBB, Google Reviews, TrustPilot and others, we decided to create one. If you are looking for the best rated debt settlement provider to help you with lowering your debt or better managing your payments, this list should help you):

Best For Over 10k Debt New Era Debt
Best For Under 10k Debt CuraDebt
Best Debt Lawyer Oak View Law

1) New Era Debt Solutions (4.9/5)

New Era Debt Logo

Logo of New Era Debt Solutions (credit: neweradebtsolutions.com)

New Era Overview & Reviews:

New Era Debt Solution is a debt settlement company headquartered in Camarillo, California. They focus on credit card debt relief and employ debt relief experts, financial professionals, attorneys and support staff. They offer debt settlement, debt negotiation and negotiation with creditors.

  • BBB: A+ (4.95/5 – 59 reviews)
  • Google: 4.9/5 (207 reviews)
  • TrustPilot: 4.8/5 (398 reviews)
  • Certifications: IAPDA
  • Combined Reviews: 664
  • Average Rating: 4.9/5

2) TurboDebt (4.9/5) 

TurboDebt Overview & Reviews:

TurboDebt is one of the most highly-rated debt settlement companies (as you can see below) that we have had a chance to review, combining a total of over 17,000 positive reviews. They can help you decrease and pay off several types of debt, including credit card, tax, personal loans, student loans, medical bills and more. Learn more by reading our TurboDebt review.

  • BBB: A+ (4.92/5 – 17,343 reviews)
  • Google: 4.8/5 (4,859 reviews)
  • TrustPilot: 4.9/5 (11,190 reviews)
  • Certifications: AADR, BBB
  • Consolidation Loans: No
  • Combined Reviews: 33,392
  • Average Rating: 4.9/5

3) National Debt Relief (4.72/5)

National Debt Relief Overview & Reviews:

National Debt Relief is similar to Turbo Debt. However, they do also offer loans, which isn’t necessarily a good thing if you’re in a tough financial situation, as you won’t qualify for a good rate. They also offer debt settlement, debt consolidation, credit counseling and more.

  • BBB: A+ (4.75/5 – 4,548 reviews)
  • Google: 4.6/5 (9,112 reviews)
  • TrustPilot: 4.8/5 (31,000 reviews)
  • Certifications: AADR, IAPDA
  • Combined Reviews: 44,660
  • Average Rating: 4.72/5

4) Freedom Debt Relief (4.59/5)

Freedom Debt Relief Overview & Reviews:

Freedom Debt Relief is a highly-rated debt counselling agency with a particular focus on credit card debt. They offer debt settlement, debt management plans and credit counseling.

  • BBB: A+ (4.47/5 – 1,917 reviews)
  • Google: 4.7/5 (509 reviews)
  • TrustPilot: 4.6/5 (42,334 reviews)
  • Certifications: AADR, IAPDA
  • Combined Reviews: 44,760
  • Average Rating: 4.59/5

5) Pacific Debt Relief (4.85/5)

Freedom Debt Relief Overview & Reviews:

Pacific Debt is a debt settlement company with the ability to handle many types of debt, including medical bills, overdue utility payments, credit cards, personal loans, tax debt, payday loans, bankruptcy, and certain contracts, like gym memberships. They also offer financial education.

  • BBB: A+ (4.93/5 – 1,930 reviews)
  • Google: 4.6/5 (259 reviews)
  • TrustPilot: 4.8/5 (1,853 reviews)
  • Certifications: CDRI, IAPDA
  • Combined Reviews: 4,042
  • Average Rating: 4.85/5

6) Accredited Debt Relief (4.86/5)

Accredited Debt Relief logo

Accredited Debt Relief Overview & Reviews:

Accredited Debt Relief is a highly-rated debt consolidation company that heavily advertises the ability to help customers be debt-free in 24-48 months.  Unlike other agencies reviewed previously, Accredited Debt Relief does offer debt consolidation loans through their partners, and the APRs can be quite high, up to 35.99% for those with less desirable credit scores. 

  • BBB: A+ (4.89/5 – 2,080 reviews)
  • Google: 4.8/5 (7,148 reviews)
  • TrustPilot: 4.9/5 (7,190 reviews)
  • Certifications: N/A
  • Combined Reviews: 16,418
  • Average Rating: 4.86/5

7) Money Management International (4.76/5)

Money Management International logo

MMI Overview & Reviews:

Money Management International is one of the fastest-growing debt relief companies, and have acquired many other smaller debt relief providers, such as Debt Advisors of America. They provide debt settlement at a unique monthly fee structure that is different from most of the other companies we reviewed. 

  • BBB: A+ (4.89/5 – 339 reviews)
  • Google: 4.9/5 (502 reviews)
  • TrustPilot: 4.7/5 (1,828 reviews)
  • Certifications: FCAA, NFCC.
  • Combined Reviews: 2,669
  • Average Rating: 4.76/5

8) ClearOne Advantage (4.37/5)

ClearOne Advantage logo

ClearOne Overview & Reviews:

ClearOne Advantage is another popular and well-reviewed debt settlement company that offers free initial consultations to help you determine the best plan of attack to tackle your debt. 

  • BBB: A+ (4.0/5 – 544 reviews)
  • Google: 4.4/5 (3,182 reviews)
  • TrustPilot: 4.7/5 (8,784 reviews)
  • Certifications: IAPDA
  • Combined Reviews: 12,510
  • Average Rating: 4.37/5

9) Century Support Services (4.74/5)

Century Support Services Logo

Century Support Services Logo

Century Support Services Overview & Reviews:

This company was founded in 2008 and has been operating for over 15 years. They serve clients nationwide, although they exclude some states. Just like others reviewed in this list, they offer debt settlement, debt resolution, debt management plans and more.

  • BBB: A+  (3.65/5 – 97 reviews)
  • Google: 4.7/5 (898 reviews)
  • TrustPilot: 4.8/5 (2,591 reviews)
  • Certifications: AADR, IAPDA
  • Combined Reviews: 3,586
  • Average Rating: 4.74/5

10) Guardian Debt Relief (2.25/5)

Guardian Debt Relief Logo

Guardian Debt Relief Overview & Reviews:

Guardian Debt Relief doesn’t have the most flattering review profile, but we included them because they are a well-known brand when it comes to debt settlement. Based in New York, they offer debt settlement, debt management, financial counseling and more. 

  • BBB: (2.33/5 – 3 reviews)
  • Google: 3.0/5 (33 reviews)
  • TrustPilot: 1.7/5 (46 reviews)
  • Certifications: IAPDA, AFCC
  • Combined Reviews: 82
  • Average Rating: 2.25/5

11) GreenPath Financial Wellness (4.79/5)

GreenPath Financial Wellness Overview & Reviews:

GFW works nationwide and can help settle your debt with multiple creditors, including banks, credit unions, retailers, medical providers, auto finance agencies, and collection agencies.

  • BBB: A+ (4.8/5 – 345 reviews)
  • Google: N/A 
  • TrustPilot: 3.5/5 (2 reviews)
  • Certifications: NFCC
  • Combined Reviews: 347
  • Average Rating: 4.79/5

12) CreditAssociates (4.83/5)

CreditAssociates Overview & Reviews:

CreditAssociates is a Dallas-based debt settlement company that has some great reviews on TrustPilot, but not as good on the BBB. They have a similar setup as most other debt settlement providers on this page, charging 25% of your debt and no upfront fees for consultation. 

  • BBB: A+ (4.01/5 – 208 reviews) 
  • Google: 4.3/5 (2,165 reviews)
  • TrustPilot: 4.9/5 (17,658 reviews)
  • Certifications: AADR, IAPDA
  • Combined Reviews: 20,031
  • Average Rating: 4.83/5

13) DMB Financial (4.73/5)

DMB Financial Overview & Reviews:

DMB Financial is a Massachusetts-based debt settlement company. DMB Financial advertises the ability to help you consolidate all of your high-interest credit card balances into one lower, flat monthly program payment, which is similar to what most of the other companies on this page do. 

  • BBB: (4.86/5 – 226 reviews)
  • Google: 4.7/5 (933 reviews)
  • TrustPilot: N/A
  • Certifications: IAPDA
  • Combined Reviews: 1,159
  • Average Rating: 4.73/5

14) Trinity Debt Management (1.5/5)

TDM Overview & Reviews:

Based in Ohio, Trinity Debt Management is a Christian debt management company that offers credit counseling, budgeting help, financial education, debt settlement and more. They don’t advertise their minimums and their fees.

  • BBB: N/A (Currently updating profile)
  • Google: N/A
  • TrustPilot: 1.5/5 (180 reviews)
  • Certifications: N/A
  • Combined Reviews: 180
  • Average Rating: 1.5/5

15) Consolidated Credit Counseling Services (4.8/5)

Consolidated Credit Overview & Reviews:

Consolidated Credit has a flat monthly fee for its debt relief program. They charge a one-time setup fee ranging from $50 to $75, and their monthly service fee is about $30. They don’t advertise any minimum debt. 

  • BBB: A+ (2.18/5 – 11 reviews)
  • Google: 4.8/5 (1,808 reviews)
  • TrustPilot: 4.8/5 (9,083 reviews)
  • Certifications: NFCC, FCAA, CFC
  • Combined Reviews: 10,902
  • Average Rating: 4.8/5

16) InCharge Debt Solutions (4.66/5)

  • URL: www.incharge.org 
  • Minimum Debt: None
  • Fees: 15% to 25%
  • Combined Reviews: 2,326
  • Average Rating: 4.53/5

InCharge Overview & Reviews:

Incharge is a Florida-based debt management company that offers credit counseling, debt consolidation and more. Unlike many companies reviewed on this page which require a minimum 10k debt to work with you, InCharge advertises a “no minimums”. 

  • BBB: A+ (3.36/5 – 14 reviews)
  • Google: 4.0/5 (107 reviews)
  • TrustPilot: 4.7/5 (2,206 reviews)
  • Certifications: NFCC, FCAA, COA
  • Combined Reviews: 2,327
  • Average Rating: 4.66/5

17) CuraDebt (4.73/5)

CuraDebt Overview & Reviews:

Founded in 1996, CuraDebt (which we previously reviewed here) is probably the oldest debt settlement company reviewed in this list. What makes them stand out, aside from their longevity, is their low minimum. They are the only company that advertises low minimums of $5,000 and they will sometimes take clients with debt lower than that.

  • BBB: (4.7/5 – 23 reviews)
  • Google: 4.8/5 (271 reviews)
  • TrustPilot: 3.3/5 (12 reviews)
  • Certifications: IAPDA, AFCC
  • Combined Reviews: 306
  • Average Rating: 4.73/5

18) ACCC (4.99/5)

ACCC Overview & Reviews:

The ACCC is technically NOT a debt settlement company. They are a credit counseling agency that focuses on providing DMPs (aka Debt Management Plans) to help you better manage and repay your debt. The disadvantage is that DMPs don’t decrease your debt. 

  • BBB: A+ (4.98/5 – 1,054 reviews)
  • Google: 5/5 (1,068 reviews)
  • TrustPilot: N/A
  • Certifications: NFCC, COA
  • Combined Reviews: 2,122
  • Average Rating: 4.99/5

19) Navicore Solutions (4.36/5)

Navicore Overview & Reviews:

Founded in New Jersey, Navicore is a nonprofit that assists clients in terms of debt management plans, credit counseling, housing counseling and more. Similar to the ACCC, Navicore focuses strictly on providing advice and guidance. They don’t offer debt settlement, consolidation or any other debt relief program. 

  • BBB: (4.86/5 – 28 reviews)
  • Google: 4.2/5 (140 reviews)
  • TrustPilot: 4.4/5 (216 reviews)
  • Certifications: FCAA, NFCC, COA
  • Combined Reviews: 384
  • Average Rating: 4.36/5

20) DebtHelper (4.79/5)

DebtHelper Overview & Reviews:

DebtHelper is yet another Florida-based debt counseling agency. Based on our review of their website, they don’t seem to offer debt settlement or consolidation programs. Instead, they focus on counseling, DMP’s and financial education. They put a special emphasis on credit cards, housing and student debts. 

  • BBB: A+ (4.95/5 – 697 reviews)
  • Google: 4.1/5 (168 reviews)
  • TrustPilot: 4.8/5 (58 reviews)
  • Certifications: NFCC, FCAA
  • Combined Reviews: 923
  • Average Rating: 4.79/5

FAQ About Debt Settlement 

1. What is debt settlement? How does debt settlement work?

Debt settlement is a process where a company negotiates with your creditors to reduce the total amount of debt you owe. The goal is to settle your debts for less than the full balance, often through a lump-sum payment or structured payment plan (DMP). This can be an effective way to lower and better handle overwhelming debt, but it may impact your credit score. It also comes with fees charged by the debt settlement company.

2. How were the debt settlement companies ranked in this list?

The companies were ranked based on their average ratings and the total number of reviews across reputable platforms such as the Better Business Bureau (BBB), Google Reviews, and TrustPilot. We wanted this rating to be as objective as possible.

Top 5 Companies Based on their Ratings and Reviews:

  1. TurboDebt
    • Average Rating: 4.9/5
    • Combined Reviews: 33,392
  2. New Era Debt Solutions
    • Average Rating: 4.9/5
    • Combined Reviews: 664
  3. Accredited Debt Relief
    • Average Rating: 4.86/5
    • Combined Reviews: 16,418
  4. DMB Financial
    • Average Rating: 4.73/5
    • Combined Reviews: 1,159
  5. Pacific Debt Inc.
    • Average Rating: 4.85/5
    • Combined Reviews: 4,042

3. What services do these debt settlement companies offer?

Here, we are discussing debt settlement as the core service. Now, some of these companies also offer debt consolidation loans, credit counseling, DMPs and other services. Examples:

  • TurboDebt offers debt settlement services for various types of debt, including credit cards, personal loans, student loans, tax debts, and medical bills.
  • Accredited Debt Relief provides debt settlement and also offers debt consolidation loans through their partners.
  • Money Management International (MMI) focuses on debt management plans and credit counseling with a unique monthly fee structure.

4. What are the typical fees associated with debt settlement services?

As you probably have noticed, the fees for debt settlement services typically range between 15% to 25% of the enrolled debt amount. Some companies may have different fee structures, including setup fees and monthly service fees.

Fee Structure Examples:

  • TurboDebt: 15% to 25% of enrolled debt.
  • New Era Debt Solutions: 14% to 23% of enrolled debt.
  • Accredited Debt Relief: Flat 25% of enrolled debt.
  • Money Management International: $33 setup fee and $25 monthly fee. (Note: Not a settlement company)
  • Consolidated Credit Counseling Services: Up to 25% with additional setup and monthly fees.

Note about these fees: Fees are typically only charged after a successful settlement. It’s important to understand the fee structure before enrolling in any program.

5. What is the minimum debt requirement to work with these companies?

Minimum debt requirements vary by company. Most require a minimum of $10,000, while some companies have lower minimums of $5,000 or no minimum debt requirement at all if we’re talking about debt counseling and DMP’s.

Minimum Debt Examples:

  • CuraDebt: Minimum debt of $5,000. (Lowest in the debt settlement space!)
  • TurboDebt, National Debt Relief, and Freedom Debt Relief: Minimum debt of $10,000.
  • CreditAssociates and InCharge Debt Solutions: No minimum debt requirement.
  • Money Management International: No minimum debt requirement. (Note: Not a settlement company)

6. Do these companies offer debt consolidation loans?

Not all debt settlement companies offer debt consolidation loans. Some focus solely on negotiation and settlement, while others partner with lenders to provide consolidation options. We recommend that you be very careful and diligent if you plan to get a personal loan to pay your debt. Unless your credit score is high enough and you have sufficient income, you will likely get less than ideal terms and rates for your loan, which will sink you deeper into debt.

Companies Offering Debt Consolidation Loans:

  • Accredited Debt Relief: Offers consolidation loans through partners with APRs up to 35.99%.
  • National Debt Relief: Provides debt consolidation services along with settlement.
  • DMB Financial: Assists with consolidating high-interest credit card balances into lower monthly payments.

Companies Not Offering Loans:

  • TurboDebt
  • New Era Debt Solutions
  • Pacific Debt Inc.
  • Century Support Services

7. What certifications should a reputable debt settlement company have?

Certifications indicate adherence to industry standards and ethical practices. Reputable certifications for providers of debt relief services include:

  • American Fair Credit Council (AFCC)
  • International Association of Professional Debt Arbitrators (IAPDA)
  • Better Business Bureau (BBB) Accreditation
  • Financial Counseling Association of America (FCAA)
  • National Foundation for Credit Counseling (NFCC)

Examples:

  • TurboDebt: AADR, BBB accredited.
  • New Era Debt Solutions: IAPDA certified.
  • Consolidated Credit Counseling Services: NFCC, FCAA, CFC certified.
  • Money Management International: FCAA, NFCC certified.

Important Tip: Verify the company’s certifications to ensure they follow best practices and industry regulations.

8. How long does the debt settlement process typically take?

The duration of the debt settlement process varies depending on the amount of debt, speed of negotiations and the repayment plan you go with, generally ranging from 12 to 48 months.

Timeframe Examples:

  • Accredited Debt Relief: Advertises debt-free status in 24-48 months.
  • TurboDebt: Time frame depends on individual debt amounts and negotiation outcomes.
  • Freedom Debt Relief: Programs typically last between 24 to 60 months.

Factors Influencing Duration:

  • Debt Amount: Larger debts may take longer to settle.
  • Monthly Payments: Higher payments can shorten the settlement period.
  • Negotiation Speed: Efficiency of negotiations with creditors affects timeframe.

Advice: Discuss expected timelines with the company during the free consultation phase to see if it fits your needs and requirements.

9. How does enrolling in a debt settlement program affect credit scores?

This is an important question! Although the effect won’t be as bad as if you file for bankruptcy, enrolling in a debt settlement program can negatively impact your credit score, especially in the short term. Why? Because the process often involves ceasing direct payments to creditors, leading to reported delinquencies.

Credit Impact Details:

  • Short-Term Effects: Your credit score may drop due to missed payments and settled accounts, which negatively affects your credit report.
  • Long-Term Effects: Once you settle your debts and restore your financial stability, your credit score can get better again.
  • Alternatives: Debt management plans (DMPs) through organizations like ACCC may have a lesser impact on credit scores compared to settlement.

Recommendation: Weigh the immediate credit impact against the benefits of reducing and eliminating debt. Consult with a financial advisor or free credit counselor to understand the full implications.

10. How do I choose the right debt settlement company for my needs?

If you’re still hesitant and don’t know who to choose, consider the following factors when choosing a debt settlement company:

  1. Reputation and Reviews: Look for companies with high average ratings and numerous positive reviews across multiple platforms.
  2. Fees and Costs: Understand the fee structure and ensure it’s reasonable and transparent.
  3. Minimum Debt Requirements: Choose a company that accepts your level of debt.
  4. Certifications: Ensure the company holds relevant and reputable industry certifications.
  5. Service Offerings: Select a company that offers services tailored to your specific financial situation.
  6. Consultation Services: Consider companies that offer free initial consultations to assess your needs.
  7. Customer Support: Evaluate the quality and accessibility of their customer service.
  8. Transparency: The company should be clear about their processes, timelines, and potential impacts on your finances.

Also, whoever you choose to work with, make sure they are NOT part of this FTC database of companies that are NOT allowed to offer any debt relief services.

11. Are nonprofit debt counseling agencies a better option than for-profit debt settlement companies?

Not necessarily! Even nonprofits need to make money and will charge you at some point in the process. Nonprofit debt counseling agencies and for-profit debt settlement companies both offer similar services.

Amine Rahal
Amine is an entrepreneur, investor and financial writer that covers the US economy, inflation, alternative investments, cryptocurrencies and more. He has been involved in the space for over a decade.

 

Lauren Brown
Lauren has over 13 years of experience in wealth management and financial planning. She is a CFA charterholder and holds a Bachelor’s degree in Finance. Lauren has worked with several asset management firms, offering wealth advisory and portfolio management services to high-net-worth clients.