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National Debt Relief (NDR) is an American company that provides financial services, from debt consolidation, to debt settlement and debt negotiation. It is one of the largest firms in the US and it has some of the most affordable debt relief programs on the market.
National Debt Relief operates in 34 states and it is a BBB- accredited business, with an A+ rating. It is also an American Fair Credit Council Accredited Member and an International Association of Professional Arbitrators Platinum Member.
The company offers various financial services and one of them is debt consolidation. They charge somewhere between 15 to 25% of your total debt. It therefore has an average of 30% in your overall reduction, which is a good percentage in this industry. They calculate their fees based on your income, instead of charging a flat fee. The percentage will be communicated to you once you talk to one of their reps and answer some of their basic questions.
The company complies with the FTC regulations and doesn’t charge any upfront fees. Their customers usually stick with their programs from 2 to 4 years. NDB wants to be an alternative to bankruptcy by helping you pay a lower monthly rate.
How does it work
National Debt Relief is selective in choosing its customers. In order to be eligible for their programs you have to owe a minimum of $7,500 in unsecured debts and be several months behind in your payments. And, as sadistic as this may sound, if you just lost your job, you had unexpected medical bills or you are going through a divorce or death in the family and your income has dropped, even better. In other words, you have to prove that you are going through a financial crisis, in order for them to convince your creditors you can’t afford to pay your monthly debts anymore, at least not at the same rate.
Among the qualified types of debt we can mention: personal loans, major credit cards or department store cards, medical bills, credit unions and others.
Among the unqualified ones we can mention loans for cars, motorcycles, vans or trucks, mortgages that are secured with collateral, federal student loans or child support debts.
While this company does its best to relief you from the burden of your debts, you have to remember that even if you are enrolled in one of their programs you can still be hold accountable for your credits. Creditors can still call you to collect their money or even sue you, and that is not NDR’s fault, but a risk you take regardless of what company or solution you choose.
If you decide to sign up with NDR you have to start by filling out the form on their website. You will then be contacted by one of their experts who will offer you a free consultation. He will analyze your situation, inform you whether you qualify for one of their programs or not and present you with your options.
Once you sign up with them you will have to pay a monthly fee to a personal account. That money will be used to pay off your debts.
In order to be eligible for their programs you have to owe a minimum of $7,500 in unsecured debts and be several months behind in your payments. They charge somewhere between 15 to 25% of your total debt.
National Debt Relief is renowned for their quality customer support. Although you can’t reach them through live chat, you can contact them by phone or email.
Phone: 800-300-9550
Client success team: 888-660-7427
Email: [email protected]
[email protected] (legal department)
They are very friendly, responsive, involved and helpful, so you will most likely have a pleasant experience. They also have a solid FAQ section and a lot of other useful information on debt relief, debt consolidation, credit scores, how their programs work and who qualifies for entering one of those programs.
Read more about qualifications here:
https://www.nationaldebtrelief.com/debtreliefqualifications/
Our editorial staff evaluates products and services independently, but Best Review Guide may earn money when you click on links. Read our advertising disclosure.
By: Cristina | Last updated April 12, 2017 
