Accredited Review | Findloans.com

Accredited DR Review–2024–Simplify Your Debts, Save Money

30-Second Review

Accredited Debt Relief offers a helping hand with high-interest debt like credit card bills, medical expenses, or unsecured loans. Their strategy? Tackle your debt creditor by creditor, potentially lowering what you owe each month and making it easier to clear your debt faster.

Accredited Debt Relief knows debt can hit anyone, so they're all about flexibility. They'll tweak their approach to make sure it fits you just right. Their team chats directly with your creditors to try and cut down what you owe on unmanageable debts.

Highlights

Reputable Company: Accredited Debt Relief holds an A+ from the Better Business Bureau.
Flexible Terms: The company offers 4-84 month loan terms, providing flexibility for a wide range of financial needs.
Simplified Debt: The services are aimed at helping individuals consolidate their debts into a single, more manageable loan.
Proven Success: The company has helped resolve over $2 billion in debt.
Savings: Accredited estimates that people can save 30% on average on their total debt, after fees.

How Do Accredited's Debt Consolidation Services Work?

Accredited Debt Relief can help you reduce your debt, and charges about 25% of what you initially owe, which is called your "enrolled debt." Even after their fees, customers can end up saving more money than if you tried to handle all debts on your own. For example, if you start with $10,000 in debt, and they manage to get it down to $5,500, you'll have to pay them $2,500 in fees (that's 25% of your original $10,000). So, your total debt would then be $8,000, saving you $2,000 overall.

Like most debt settlement services, Accredited Debt Relief can't charge you until they've successfully lowered at least one of your debts. If you owe money to several creditors, they'll likely charge you for each debt they help reduce, one at a time.

Pros and Cons

Pros

Plan Match: A representative from Accredited Debt Relief will work closely with you to create your customized plan for reducing your debts.
Customer Service: Trustpilot awarded Accredited an “Excellent” rating 4,000+ customer reviews.
Low Min. Debt: To qualify for Accredited, a $10,000 minimum debt is suggested.
Free Consultation: An Accredited representative will review your current financial situation and help you make a plan for free.

Cons

Fees: Accredited fees can cost roughly 25% of enrolled debt.
Limited Loan Types: Accredited specializes only in debt consolidation.

Final Thoughts

Accredited Debt Relief offers a tailored approach to tackle high-interest, unsecured debt, providing savings even after fees. To be eligible for Accredited services, it’s advised you have $10,000 in debt or more. If it's any less, Accredited advisors may not be able to get creditors to agree to lower your debts.

There might be other things they consider when you sign up. Check the Accredited website for a personalized quote to see if their customized, flexible debt reduction strategies can help make your financial situation more manageable.