Best Debt Relief Companies Based on In-Depth Reviews

Founded in 2020, Simple Debt Solutions helps consumers with $10,000 or more in debt reduce the cost of servicing that debt by offering debt consolidation loans. For consumers who carry a lot of high-interest credit card debt, debt consolidation loans are a way to make monthly payments affordable, reduce the amount paid in interest, and avoid the expensive late fees levied by credit card companies. Simple Debt Solutions is located in Encino, California.

Founded in 2002, Achieve offers debt relief and debt consolidation services using a consultative, people-first approach. The company develops personalized programs for customers who are struggling to meet their financial obligations. Services include credit counseling, consolidation loans, and filing for bankruptcy. The company has helped consumers resolve over $16 billion in debt. Achieve is located in San Mateo, California. 

Personalized Approach

Every customer's debt profile is different and Achieve takes this fact into account by offering personalized programs tailored to each individual's unique needs. The company employs over 550 debt consultants and 200+ negotiators to help customers find an approach to resolving debt that works for them. Achieve's debt resolution experts work directly with creditors, on members' behalf to  reduce their monthly payments, and pay off their obligations more quickly.  The company reports that 60% of customers resolve their debt within three months of following their personal programs. To date, Achieve has helped 850,000 customers manage their debt problems. Since its founding, Achieve has resolved over $16 billion in debt.

Services Offered

Achieve uses a variety of services to help customers resolve their debts. The company offers a free initial debt evaluation, which reviews customers' credit reports and debt profiles. The evaluation informs Achieve's debt resolution specialists' program recommendations. The company may recommend various solutions, depending on your personal debt situation. These include credit counseling, personal loans, HELOCs, and, as a last resort filing for bankruptcy. Achieve's debt resolution experts work directly with your creditors to reduce your debt and set up payment plans that help customers bring their payments down to a more manageable level for its customers.

In addition, the company maintains a network of attorneys to assist when a creditor files a lawsuit against an Achieve member. Attorneys focus on getting creditors to settle lawsuits and finding a way to resolve customers' debt without going to court.

JG Wentworth gets high marks from us for its great online reputation, transparent debt relief process and no upfront fees. The company offers free initial consultations and is ideal for people $15,000 in debt or more. If you feel JG Wentworth could help you with your unsecured debt, we recommend you request a free consultation to make sure the company is right for you.

JG Wentworth's debt relief program works by helping you assess your overall debt and organize one monthly program payment into an account that you control. JG Wentworth's negotiates on your behalf to lower your enrolled debt and keep in touch with you every step of the way to give you updates and keep you in the loop.

If you have unsecured debt totaling $10,000 or more, you may qualify for JG Wentworth's debt relief program. People with secured debt do not qualify for the company's debt relief program and would have to look into other options. JG Wentworth's fees are performance-based, ranging from 18% to 25% of your enrolled debt. The percentage may vary by state and debt load and the debt savings goal does not take it into account.

Americor is a FinTech company that offers debt relief through a proprietary platform, helping clients reduce unsecured debt and pay a fraction of what they owe. Founded in 2008 and headquartered in Irvine, CA, Americor has assisted over 200,000 individuals and families in overcoming debt. The company, which has an A+ rating from the BBB, has successfully relieved over $2 billion in debt.

The process starts with a free consultation with a certified Debt Specialist, who evaluates options like bankruptcy, settlement, or consolidation. If Americor’s program is right for you, they will create a personalized plan aligned with your budget. Debt negotiators then work to settle your debts quickly, and after six months in the program, you may qualify for a consolidation loan of up to $45,000 through their partner, Credit9.

Americor’s services are available in over 30 states for those with $7,500 or more in unsecured debt. They charge no upfront or cancellation fees, and you only pay fees upon a successful debt settlement. If they are unable to settle your debt, you owe nothing.

National Debt Relief specializes in offering comprehensive debt consolidation and debt relief services to individuals seeking financial stability. Presently, National Debt Relief extends its debt negotiation programs to clients contending with $10,000 or more in unsecured debts, encompassing liabilities from credit cards, medical bills, collections, and business debts.

National Debt Relief offers five distinct approaches to debt relief, including self-payment initiatives, consumer credit counseling, debt consolidation programs, debt settlement, and bankruptcy alternatives. Clients benefit from free consultations, where personalized debt solutions are explored to suit individual circumstances. With the flexibility to choose their preferred debt program, clients can opt for no-obligation settlement programs aimed at reducing liabilities or opt for pre-planned payment options, granting greater control over the debt resolution process.

Through National Debt Relief's initiatives, clients can potentially reduce outstanding debt by up to 50%, with program durations ranging from 24 to 48 months. To qualify for the program, clients must have a minimum debt threshold of $7,500. Each client is assigned a dedicated personal advisor, ensuring tailored support throughout their journey to financial freedom.