Is US National Debt Relief legit?

National Debt Relief is a legitimate debt settlement company. It has a team of debt arbitrators who are certified through the International Association of Professional Debt Arbitrators. Settlement fees range from 15% to 25% of the total debt enrolled.

Can you negotiate with National Debt Relief?

Yes, you can negotiate with your creditors yourself and save yourself an extra 18-25% off your debt. (Our fee is 15-25% of the debt amount depending on the state they live in and the amount of debt they have.)

How do I qualify for debt relief?

You should be able to get a DRO if all of the following apply:

1. you’re unable to pay your debts.
2. your qualifying debts are not more than £20,000.
3. you’ve got no more than £50 left over each month after you’ve paid your usual household expenses.
4. you don’t own your home.

What happens if you quit national debt relief?

If you stop making monthly payments to your debt management plan, you will be removed from the program and your rates will shoot back up to their previous levels. Some plans will drop you after missing a single payment, while others may be generous enough to allow up to three missed payments.

Is a debt settlement worth it?

The short answer: Yes, debt settlement is worth it if all of your debt is with a single creditor, and you’re able to offer a lump sum of money to settle your debt. If you’re carrying a high credit card balance or a lot of debt, a settlement offer may be the right option for you.

Who is the national debt relief program for?

National Debt Relief Program is a debt relief plan, offered by an US based settlement company named National Debt Relief.

How long does it take for national debt relief to work?

National Debt Relief is a debt settlement service. For a fee, it’ll negotiate with your creditors to reduce the amount of debt you owe. Typically this takes between two and four years. While you’re enrolled, you’ll contribute to an escrow account that National Debt Relief will use to pay your creditors as the debts are settled.

What can I do about my national debt?

You may even qualify for debt settlement. In debt settlement, you work with your creditors to settle your debt for less, and your monthly payments are often much lower than they would be if you continued to just pay your minimums. Another option could be bankruptcy.

How does national debt relief affect your credit?

While participating in the National Debt Relief program, you may face an initial impact on your credit score. However, many of our clients find that by the time they graduate, their score has returned to the same rate if not higher than when they started.