Do debt consolidation companies charge a fee?

Do debt consolidation companies charge a fee?

Debt settlement companies typically charge a 15% to 25% fee to tackle your debt; this could be a percentage of the original amount of your debt or a percentage of the amount you’ve agreed to pay. Let’s say you have $10,000 in debt and settle for 50%, or $5,000.

What are the hours for Freedom Debt Relief?

Or, if you prefer, you may submit a request by calling 1-800-979-4337 between the hours of 9 a.m. and 5 p.m. Arizona time, Monday through Friday.

What percentage does Freedom Debt Relief charge?

After settling your debt, Freedom Debt Relief collects a fee based on your enrolled debt amount, state of residence, and other factors. Fees range from 15%-25%, averaging at 21.5%. We clearly explain our fees to clients before they enter our program, and our fees never go up once our clients begin their program.

What is the best debt consolidation program?

National Debt Relief is our top debt consolidation choice. Offering straightforward solutions and excellent customer service, its average rate of debt reduction is among the best we’ve found. View Deal On National Debt Relief

What is the best debt consolidation loan?

Depending on the amount owed, the best consolidation loans are credit card balance transfers, personal loans, home equity loans and an unsecured debt consolidation loan. A good-to-excellent credit score is needed for credit card balance transfers.

Which debt consolidation company is the best?

Century If you value high-quality professional help and strong customer support, Century is the best debt consolidation lender. They’re one of the largest debt consolidation companies and they’ve helped their 250,000+ customers with over $1.3 billion in debt. Part of their 3-step program includes a free assessment with a certified specialist.

What are your options for debt consolidation?

Balance Transfer Credit Card. Consolidating your credit card debt through credit card balance transfers can save you money on interests and reduce the principal amount within the zero-rate period.