Looking for a company that can help you to pay off your debt, Freedom Debt Relief and National Debt Relief offer you the relief satisfaction of helping you to pay off your debt. Debt relief commonly referred to as debt cancellation serves as total or partial forgiveness of debt. This works by helping you to lower your debt. National Debt Relief is a debt cancellation company or debt settlement company that helps to slow or stop debt growth owed by individuals or nations. The company will negotiate with the creditor to agree on lowering your debt amount.
According to the company, National Deby Relief is a BBB A+ accredited business that offers customers debt settlement solutions to help resolve their debts without loans or bankruptcy. Also, after consumers have been able to complete the debt settlement program, this helps to reduce 30% of their debt after its fees. Understand that using a debt relief company either FDR or NDR or any other company is very risky. This is because the cost of debt settlement is high and it can affect your credit by lowering your credit score.
Is National Debt Relief Legitimate?
Yes, National Debt Relief is a legitimate BBA A+ accredited debt settlement company. The company provides a debt settlement service to customers which in return helps to get off debt by allowing you to pay a certain percentage of your debt. NDR has a trusted team of debt arbitrators with certificates given by the International Association of Professional Debt Arbitrators. Also, National is listed among the members of the American Fair Credit Council. It objective of the member is to comply with the code of conduct in the industry.
How Does National Debt Relief Work?
The concept of how National Debt Relief works is similar to the way a debt settlement works. What National Debt Relief does is to help you reduce or lower your debt amount by negotiating an agreement with your creditors without loans or bankruptcy.
The company offers you a solution that can help you lower your monthly payments in other to reduce the pressure from your creditors. Most importantly, the objective of the service is to help you become debt-free. However, there are qualifications to apply for National. This includes customers that have at least $7,5000 and up to $100,000 on their unsecured debt from services. Like credit cards, personal loans, lines of credit, medical bills, and more.
Keep in mind, that settlement of debt from National does not include debt from lawsuits, IRS debt, utility bills, or even federal student loans. For anything that involves secured debt, National does not settle. National Debt Relief is understandable, and the payment isn’t made to creditors. Instead made to a dedicated savings account that includes your name and is controlled by you. That is how the debt settlement process works.
National Debt Relief Pros and Cons
| Pros | Cons |
| It is very simple to join | Debt settlement can be very expensive. |
| It does not include an up-front fee when you want to join. | It can cause a huge decrease in your credit score |
| It’s legitimate and trusted in the industry to help settle your debt. | It takes about 2 to 4 years for your debt to be completely settled. |
Types of Debt Does National Debt Relief Work With
- Credit Cards
- Personal Loans
- Collections
- Repossessions
- Certain Student Debts
- Medical Bills
- Lines of Credit.