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Accredited Debt Relief is one of the nation’s top rated debt consolidation companies on the market. It is an accredited member of the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA) and has an A+ score from the Better Business Bureau (BBB).
The company also does charitable work (donations to several organizations such as the Salvation Army, St. Jude Children’s Research Hospital, Father Joe’s Villages and others).
Accredited Debt Relief offers a wide range of financial services: debt consolidation, debt settlement, bankruptcy and alternatives to it, credit counseling and others.
When it comes to its debt consolidation services, ADR claims it can help you simplify the billing process, eliminate multiple creditors, reduce your monthly payment and lower your interest rate.
In order to know if you qualify for their program, you have to click on their website for a free consultation.
The program’s length is average: around 24 to 48 months. So far, Accredited Debt Relief has managed to successfully negotiate with several credit card companies such as: Wells Fargo, Bank of America, American Express, Chase, US Bank, Citibank, CapitalOne, Onemain Financial and others.
How does it work
As with any other debt consolidation service, you have to give them your info: first and last name, email and phone number, the state of residence, your credit score and the amount of debt (which has to be at least $7,500). The amount may vary according to the state in which you reside. You will receive a quote on their services and an estimate on the price you can expect to pay.
They advise their customers to sign up with all their high balance credit card accounts (those with at least $500 or more), in order to get the best results, because this way creditors will see that you’re working on all your debts. They recommend that you keep just one card, in case of any emergencies.
You have to be at least 18 of age and a legal resident of the US. After you fill in the personal details you have to call their number for a free consultation. You’ll be assigned a representative who will stay with you through the entire process.
Once you sign up with them, they will begin working with your creditors in one or two weeks.
After your enrollment, you have to set up an account in your name that will be separated from your other bank accounts. You will deposit a certain amount of money in it every month, which will be used to pay off your debts. As we already mention, the length of the program is around 2 to 4 years, depending on your debts and the monthly amount you pay.
Although it is for the best that you don’t miss any monthly payments, in case of any emergencies, ADR claims to be supportive and understanding, as long as you give them a heads up at least 5 days in advance, so that they can work out other arrangements to your benefit. However, keep in mind that the more payments you miss, the longer you have to stay in the program, so it is in your best interest to be committed to your payments.
They don’t have any upfront or hidden fees and they charge you from 18% to 25% for their services, which is the average on the market. They ensure you that you are not obliged to pay anything until you see some results. The average savings after paying their fees are around 25%.
Monthly program payment estimate: $296
You can contact ADR through phone, during their working hours, which are displayed on their website.
Phone: 866-731-7070
Talk to a certified debt counselor: 1-866-345-5007
The staff is knowledgeable, emphatic and kind. In addition to that, you will be assigned a personal advisor when you sign up with them and he will stay with you throughout the entire program. You can ask him anything and he will be your main contact during the whole process. ADR also has plenty of information on its website, regarding counseling, your debt relief options, how the process will develop, potential drawbacks, etc. Check out their FAQ section for further information. You can also track your progress at any time through their online platform which is mobile responsive.
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 
