Consumers Alliance Processing Corporation Review

CAPC offers debt relief solutions through their consultations and programs, but they are not a loan company and will not offer debt consolidation loans. Instead, CAPC's debt management program deals directly with your creditors while you pay a negotiated monthly payment at a low interest rate. This payment is then distributed to each of your creditors, with a focus on getting the highest interest rate debt paid off first. Since you are paying one fee to one company, essentially your debts are being "consolidated." CAPC's average timeframe for their debt management plan is 3 to 5 years, and their website says customers will save an average of 30% of their monthly payments.

CAPC has no requirement to qualify for credit counseling, which means that their online and phone services are available for everyone. However, the minimal amount of debt needed to qualify for their debt management program is $3,000. The program excludes all types of secured debts and focuses only on unsecured loans such as credit cards, medical bills and repossessions, so customers looking for debt relief from their secured loans will have to look elsewhere.

CAPC's debt management quote tool and credit counseling services are free of charge, which is great for anyone looking to inform themselves on their financial situation. However, their debt management plan incurs an initial and a monthly fee. Because CAPC's website does not indicate the prices of these fees, here at CosnumersAdvocate.org we recommend customers to contact CAPC to inform themselves on pricing before committing to their plan.

Although CAPC does not have a Trustpilot rating, it has an A+ BBB rating, and is accredited by the website. Their positive reviews praise the professionalism, politeness, and objectiveness of CAPC's representatives, and the consumer's overall satisfactory experience. However, the company has a small number of negative reviews that mention the difficulty in canceling the company's debt management agreement.