- Accredited Debt Relief
- OUR PARTNER
- EDITOR'S SCORE
- 9.85 / 10
- SUMMARY
Nationally Recognized Debt Settlement Company with a Commitment to Customer Satisfaction
Rated A+ by the Better Business Bureau
Accredited Member of American Fair Credit Council- WHAT WE LIKE
- $7,500 Minimum Debt
No Upfront Fees
No Minimum Credit Score
24 to 48 Month Program - AVAILABILITY
- Clients accepted in the following states: AK, AL, AR, AZ, CA, DC, FL, IA, ID, IN, MA, MD, MI, MO, MS, MT, NC, NE, NM, NV, NY, OK, PA, SD, TX, TN, UT, VA, WI
- Guide to Lenders
- OUR PARTNER
- EDITOR'S SCORE
- 9.75 / 10
- SUMMARY
- Free Resource To Help Loan Shoppers Get Best Loan Deals
Served Over $16 Billion In Loan Requests Since 2005
Get Up To 5 Loan Offers In Minutes
Ranked #1 For Personal Loan Category - WHAT WE LIKE
- Loan Amounts of $1,000 to $50,000
4 to 180 Month Loan Terms
APR of 3.99% to 35.99%
Network of Over 150 Lenders - AVAILABILITY
- Every state has its own set of rules and regulations that govern personal loan lenders. Your loan amount, APR and repayment term will vary based on your credit worthiness, state and lender or lending partner.
- Bad Credit Loans
- OUR PARTNER
- EDITOR'S SCORE
- 9.25 / 10
- SUMMARY
- Has Been In The Business of Helping People Since 1998
All Credit Types Accepted
Loan Approval Within 24 Hours - WHAT WE LIKE
- Loans of $500 - $10,000
Loan Terms of 3 - 36 Months
APRs of 5.99% To 35.99% - AVAILABILITY
- Bad Credit Loans understands that there are emergencies no one can plan for, and they aren’t limited to helping only consumers with perfect credit. Sometimes a run of bad luck comes up through no fault of your own. However, as long as you’re working, Bad Credit Loans may have the resources to lend you a helping hand no matter if your credit is good or bad.
- Fiona
- OUR PARTNER
- EDITOR'S SCORE
- 9.25 / 10
- SUMMARY
- Free Resource To Help Loan Shoppers Get Best Loan Deals
Offering an algorithm-based marketplace for lenders and borrowers.
Borrowers are matched with the loan providers most likely to approve their applications. - WHAT WE LIKE
- Loans of $1,000 to $100,000
Loan Terms of 24 to 84 Months
APRs of 3.84% To 35.99% - AVAILABILITY
- Fiona is a marketplace for lenders and borrowers that works with brands in the alternative lending industry, offering real-time pre-approval options quickly. Borrowers are matched with the loan providers most likely to approve their applications.
- Monevo
- OUR PARTNER
- EDITOR'S SCORE
- 9.25 / 10
- SUMMARY
- Solutions Available For All Credit Scores
Works with Excellent, Good, Fair, & Poor Credit
Personalized Loans Offers In Less Than 60 Seconds
- WHAT WE LIKE
- Loan Amounts of $1,000 - $100,000
Loan Terms of 3 - 144 Months
APRs of 3.99% - 35.99% - AVAILABILITY
- Monevo is a huge online lending marketplace with direct access to hundreds of loan companies around the world. This access to real-time responses from lenders and loan brokers enables Monevo to give consumers an accurate and reliable reply in just 2 minutes. The service is completely free to use and helps lead borrowers to low rates.
- PersonalLoans.com
- OUR PARTNER
- EDITOR'S SCORE
- 9 / 10
- SUMMARY
- Provides Personal Loan Network Focused On Less Then Perfect Credit
Member of the Online Lenders Alliance
Offers Peer to Peer Loans, Personal Installment Loans and Bank Personal Loans
- WHAT WE LIKE
- Loan Amounts of $500 to $35,000
90 Days to to 6 Year Loan Terms
No Minimum Credit Score
APR of 5.99% to 35.99% - AVAILABILITY
- Every state has its own set of rules and regulations that govern personal loan lenders. Your loan amount, APR and repayment term will vary based on your credit worthiness, state and lender or lending partner.
Consumer Debt in America
At the close of 2017, consumer credit card debt in America reached close to $1 trillion. Credit card balances continued to climb and most consumers laid the blame on their own unnecessary spending. The average household that carried credit card debt had an average balance of just under $16,000.Living costs have increased compared to income. A significant rise in medical costs and food prices compared to income have contributed to this negative cycle.
What are my Options for Debt Relief?
- Pay Off Your Debt In Monthly Installments
- Work with a Debt Settlement Company
- Qualify for a Debt Consolidation Loan
- Join a Debt Management or Credit Counseling Program
- File for Bankruptcy
Pay Off Debt In Monthly Installments
If your debt is manageable, you can pay off your debts in monthly installments and manage the entire process on your own. You should keep in mind that if you can only afford to make the minimum monthly payment, you may be in for a long ride.A $2,000 credit card balance that carries an 18% annual rate can take just over 30 YEARS to pay off in you only make the 2% minimum monthly payment every month.
Work With a Debt Settlement Company
Debt settlement is an increasingly popular option. Accredited Debt Relief, our top rated debt settlement company, negotiates with your creditors on your behalf. The goal is to reduce the total amount you owe, have the creditor take a loss on the remaining debt balance, and agree to a new deal with creditors to make monthly payments over a 2 to 5 year period. A debt settlement program will negatively affect your credit score but it will allow you avoid bankruptcy and your credit score will likely improve once you complete the program.
Qualify for a Debt Consolidation Loan
A debt consolidation loan is the process of combining many unsecured debts (credit cards, medical bills, etc.) with high interest rates into one loan with a lower monthly payment. If your goal is to become debt free, a good debt consolidation loan should bring you monthly savings and help you improve your credit score. Guide to Lenders operates an online lending marketplace that will let you know in just a few minutes what type of debt consolidation loans you qualify for.
What is a Debt Management Program?
A debt management program is somewhat similar to debt settlement program. A fundamental difference is that you must hand over control to the agency and allow their representatives to negotiate and make the payments on your behalf.It will also negatively affect your credit score but will allow you to avoid bankruptcy.
Bankruptcy
Filing bankruptcy is generally the last resort. If you are unable to pay your debts and you don't see any other way out, you should contact a bankruptcy professional to get legal advice. You should keep in mind that in a bankruptcy, you are at risk of losing all your assets and possessions. A bankruptcy will negatively impact your credit score for the long term and it is up to the court to decide if you qualify for a Chapter 7 (entire debt wiped out) or a Chapter 13 (a percentage of the debt will be wiped out).