If you’re struggling with your debt payments and don’t know if you’ll ever be able to pay off your balance, working with National Debt Relief might be for you.
National Debt Relief is a debt settlement company offering borrowers a reprieve from their payments by negotiating their balances with creditors. With a combination of approaches that helps empower clients and allows them to take control of their finances and debt, National Debt Relief can help you tackle your balance.
Here’s how National Debt Relief can help stock your debt toolbox and pay off your debt for good.
What is National Debt Relief?
National Debt Relief is a debt settlement company that helps those with unsecured debt reduce their payments, lower their debt balance and pay off their debt in a reasonable timeline.
With a team of experienced certified debt specialists and negotiation specialists, National Debt Relief has helped over 500,000 clients reduce their debt payments and balances by hundreds of dollars.
An A+ BBB-rated business with over 70,000 5-star client reviews, National Debt Relief empowers borrowers to pay off their debt not only through the settlement process but also through education, understanding and a Whole Human Finance approach. The team at National Debt Relief treats clients as more than just a number and sets them up for success long after their balance is paid off.
While National Debt Relief isn’t an option for everyone, it can be a viable way to pay off your balance and take back control of your finances if you’re in unsecured debt.
How National Debt Relief works
National Debt Relief’s process involves a few key steps, all of which will involve working with a dedicated team of certified debt specialists ready to answer your questions and help you through the settlement process in an empowering and transparent way.
Here’s how the process works.
Evaluation
If you’re interested in National Debt Relief’s program, you can get a free consultation over the phone or on the National Debt Relief website to answer any questions you may have and to determine your eligibility. No upfront fees or commitments are required, allowing you to make an informed decision without any pressure.
To qualify for National Debt Relief’s program, you must:
- Have $7,500 in unsecured debt, such as credit card debt, private student loans or personal debt.
- Have an income that allows you to make payments on your reduced balance. This can include income from a job, as well as Social Security or retirement benefit payments.
- Be experiencing financial hardship or an inability to make current debt payments, such as reduced income, divorce, retirement or otherwise.
If you qualify, you’ll be recommended for the program and move on to the next step.
Settlement and payments
After you apply for the program, National Debt Relief’s team will evaluate your eligible debts, income, expenses and ability to repay. Based on this information, the team will determine a payment that works for you and your income and begin the negotiation process.
As your negotiation specialists begin to work with your creditors to settle your balances, you’ll start making monthly payments into a designated savings account in your name. These payments will generally stay the same throughout the process, and include both payment for your remaining debt balance and National Debt Relief’s fee.
While the repayment timeline will differ from client to client, you can generally expect to pay off your balance in 24 to 48 months.
Payoff
As you go through the program, National Debt Relief’s team will communicate and negotiate with your creditors, allowing you to focus on other aspects of your life. They’ll also stay in contact with you and update you on your balance and the settlement process.
You’ll be informed of your final payment as the time approaches and after the team settles your final debt. After your payment, you’ll be debt-free — all of National Debt Relief’s fees are rolled into the payments, and all qualified debts will be paid in full once the program is completed.
After Payoff
Even after you graduate, National Debt Relief can help you find financial independence.
Your certified debt specialist can help you with resources to stay out of debt, rebuild your emergency fund and educate yourself on going into debt in the future, allowing you to remain debt-free moving forward.
Your future goals will also be taken into consideration. One client was able to qualify for a credit card after the settlement process with the guidance and resources from the National Debt Relief team, allowing her to fulfill her dream of travel.
How National Debt Relief stocks your debt paydown toolbox
While National Debt Relief’s main focus is debt relief, you can also expect help in other areas as you go through the debt repayment process.
Budgeting and debt management
During the debt settlement process, National Debt Relief will evaluate your monthly expenses and income in juxtaposition to your debt and determine a payment you can comfortably afford.
The team takes into account essential costs such as child support payments, housing costs and other debt when determining your payment, allowing you to cover your bills while you pay off your debt.
National Debt Relief can also help you sort out your budget to prioritize your debt payments through education on their website. Your certified debt specialist can share resources for budgeting.
Refinancing and consolidation
While National Debt Relief’s settlement program doesn’t work with consolidation and refinancing directly, your certified debt specialist can help guide you to a program that works for you.
Consolidation can act as an option if you don’t qualify for debt settlement, and allow you to simplify your payments and possibly get a lower interest rate on your debts.
Building a support system
If you’re looking to build a support system and find avenues to help manage your finances, apply for assistance and more, National Debt Relief can help you.
If you’re struggling to make payments or are looking for support from the government or your community, your certified debt specialist can help direct you to other programs and resources you may qualify for.
The National Debt Relief website also features helpful resources around paying down debt when you’re unemployed, disabled facing medical debt and more.
Talking to your lender
National Debt Relief’s team can manage communications with your lenders and creditors, taking control of negotiations and freeing you up to focus on other aspects of your life and finances.
Negotiations specialists will help take over communication with your lender and figure out a payment plan to fit your income. They’ll also handle sending out payments to your creditors as your debts are settled, simplifying your payments across multiple debts.
Debt relief
National Debt Relief’s key tool in your debt toolbox is debt relief. By taking the reins on negotiating with your creditors and working to reduce your debt to a point where you can pay it down, National Debt Relief can help turn years of potential payments in months, and save you thousands of dollars in potential interest.
While debt relief doesn’t apply to everyone, settling down your balance can help you escape the cycle of debt payments and pay off your balance in a reasonable timeframe. National Debt Relief’s program allows you to leave the process to the experts, without any upfront fees or bills after you graduate from the program, and with resources to help pay off your debt and build your finances afterward.
Is National Debt Relief right for me?
While debt relief and debt settlement isn’t the best option for everyone, it may be the right way for you to pay down your debt in a reasonable timeline.
National Debt Relief offers comprehensive debt settlement and education, empowering clients to take back control of their finances and pay down their balances without guilt or shame. With a Whole Human Finance approach, the National Debt Relief team cares for each and every client and wants to help you find a better financial future.
If you’re in over $7,500 of unsecured debt and are struggling to make the payments on your income, consider contacting National Debt Relief today. All consultations are fee- and commitment-free.
Learn more at nationaldebtrelief.com or by calling 888-660-2332 today.
Next steps
National Debt Relief can help you navigate the debt settlement process in a kind, holistic and human way. While you’ll need to make monthly payments and meet the minimum requirements for unsecured debt, if you meet the requirements, you may be able to reduce your balance and monthly payments and pay off your debt for good.
Learn more about the Debt Toolbox and what tools you can use to pay off your debt on Bankrate’s Whole Human Finance page, or check out previous pieces in the series at the bottom of this article.
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