HomeDebt consolidationNational Debt Relief
National Debt Relief negotiates with your creditors to settle enrolled unsecured debts for less than the full balance, with a free consultation first.
There is no borrowing involved with National Debt Relief. Its debt settlement program works by negotiating down the unsecured accounts you enroll, so you may end up paying less than the balance. That sets it apart from both credit counseling and a consolidation loan. This review sticks to what matters day to day: how the program runs, the likely costs, where it can go wrong, and whether it fits your budget.
Some people end up with several high-balance cards and no realistic way to pay them down. Debt settlement is one option to weigh in that spot, and National Debt Relief is one of the firms that provide it. Minimum payments stop, a fixed sum is saved each month, and the company approaches every enrolled creditor about accepting a reduced payoff. If the creditors agree, unsecured debt can be closed out below what you owe. They decide, and no outcome is promised.
Be clear-eyed about what it costs you. Settlement means negotiating, and nobody is coming to the rescue. While money builds up in your program fund, the enrolled accounts are not being paid, so expect calls from creditors and possibly collection activity. Fees apply, and the whole thing can last two years or more. Neither credit counseling nor a consolidation loan nor bankruptcy is what you are signing up for. What we suggest: take the free consultation, get the exact terms on paper, and line them up against your other choices before signing.
Results vary, and debt settlement is not the right answer for everyone. Expect fees with a debt relief program, and expect that creditors may still try to collect. This is not a loan, not bankruptcy and not credit counseling. Read all the terms before you enroll.
Debt settlement tries to clear enrolled unsecured debts for a lower amount than you owe. It is not a loan, credit counseling or bankruptcy, and results vary.
| Consultation | Free, no obligation |
|---|---|
| Up-front fees | None |
| Program fee | Part of the program; get the exact figure on paper |
| Approximate savings | Clients who finish: about 45% before fees, about 20% after paying the company's fees |
| Program length | As little as 24 to 48 months |
National Debt Relief calculates these savings itself, using clients who complete the program. Not all clients finish.
Survey figure published by National Debt Relief. Individual results vary.
Free consultation. Zero up-front fees.
No. Nothing is borrowed. As a settlement firm, National Debt Relief gets in touch with your creditors, trying to settle every unsecured account you enroll for less than its full balance. Outcomes differ from person to person.
Payments to your enrolled creditors stop, and a monthly deposit goes into a dedicated account. When the balance there is large enough, the company negotiates with creditors one at a time, looking for a payoff lower than your balance. Creditors may say no, and it all takes time, so results vary.
The consultation is free, and there are zero up-front fees. Program fees are part of the arrangement, so ask for yours in writing before you enroll.
Mainly credit cards and some personal loans, which are unsecured. A mortgage, a car loan or other secured debt is generally not eligible, nor are certain other obligations. To see what could go in, the free consultation is the quickest route.
*"Debt-Free" applies only to enrolled credit cards, personal loans, and medical bills. Not mortgages, car loans, or other debts. Clients who are able to stay with the program and get all their debt settled realize approximate savings of 45% before fees, or 20% including National Debt Relief's fees, over 24 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment. Not all clients complete the program for various reasons, including their ability to save sufficient funds. Debt settlement may involve fees, and creditors may continue collection activity. This is not credit counseling, a loan, tax advice, or bankruptcy. Read all program terms before enrolling. Results vary. Advertisement. Clients who are able to stay with the program and get all their debt settled realize approximate savings of 45% before fees, or 20% including fees, over 24 to 48 months. All claims are based on enrolled debts. Not all debts are eligible for enrollment and not all clients complete the program. National Debt Relief does not assume consumer debt, make monthly payments to creditors, or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Participation may adversely affect your credit rating or score. National Debt Relief LLC, NMLS ID 1250950. Advertisement. FlexiFundLoan is a free loan-request and comparison referral service and a marketing affiliate, and we may be compensated when you use the links on this page. That never changes the terms you are offered. FlexiFundLoan is not a lender, an insurer or a debt settlement company.
Take the free consultation, get the terms on paper, and compare them with your other choices before enrolling. Results vary.
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