National Debt Relief Review

One of the major perks found in National Debt Relief reviews was the company extends assistance to all types of debt, including credit cards, personal loans, lines of credit, medical bills, collections and repossessions, business debts and some student debts. As long as you’re carrying over $7,500 in debt, the company could help to significantly lower your total debt load by as much as 50%.

Average Savings
Minimum Debt
3 / 5.0
SimpleScore National Debt Relief 3
Fees 1
Average Savings 5
Program Length 1
Minimum Debt 3
BBB Score 5

Founded in 2008, National Debt Relief is one of America’s largest debt settlement companies. The company is fully American Fair Credit Council (AFCC) compliant and won Top Ten Reviews’ 2019 Gold Award for Best Overall Debt Relief Company. When making major financial moves like settling debt, it’s good to know the company you’re working with has a proven track record of positive customer experiences and over a decade in the industry.

Sometimes spending and loans can get away from you, leaving you — and many more Americans — with an unyielding pile of debt. National Debt Relief reviews your debt and helps create a plan to get out, and stay out of it.

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In this article

    What we like about it

    National Debt Relief does not charge any fees unless it’s successful in settling your debt with your collectors. This alleviates the fear of racking up additional charges and debt without seeing any savings or results.

    Furthermore, National Debt Relief states the average length of the program it offers falls between 24 months and 48 months. This means that depending on how quickly you can save up your settlement funds, you could be able to get yourself fully out of debt within two to four years.

    Things to consider

    Before choosing to work with a debt settlement program like National Debt Relief, there are a few things you’ll want to be aware of. The form of debt settlement National Debt Relief uses will most likely have a negative effect on your credit score, at least at first. While this may not be the most desired effect, it may be necessary for better long-term results. Additionally, this process does open customers up to getting sued by their creditors. While creditors do look to avoid this process as it’s expensive and often ineffective, it is a possibility.

    National Debt Relief does not offer debt consolidation services, which may be the best solution for those just looking to save a little on interest or looking to take advantage of a more favorable financial picture. It does, however, offer a free debt counseling service to help you determine which route is best for you.

    National Debt Relief fees and savings

    Regarding fees, National Debt Relief charges somewhere between 18% and 25% of the value of your debt. Fees will vary within this range based on the state that you live in, as well as the amount of debt you want settled. While this may seem high, the company states that most customers still see extensive overall savings. The average savings for customers is usually between 15% and 25% of what you would have had to pay without the company’s help. In some cases, the company cites it was able to save some customers upwards of 50%.

    Keep in mind, this 15% to 25% in savings is compared to an amount that assumes you rack up no additional penalties or unexpected interest from missed payments under your current agreements. This means your actual savings with National Debt Relief could be considerably higher.

    Debt settlement with National Debt Relief

    National Debt Relief is a debt settlement company that starts the process by encouraging you to stop making payments on your current debts and begin making agreed-upon payments to National Debt Relief. After a few months when you’ve paid an agreed-upon amount, National Debt Relief will contact your creditors and begin trying to negotiate agreements to save you money on the total amount owed. If successful, you’ll continue making payments to National Debt Relief and it will handle settling up with your creditors.

    Keep in mind that defaulting on payments to your current creditors will most likely have a negative effect on your credit score. Additionally, some creditors may reject settlement offers from National Debt Relief — and since you’ve stopped making payments, this will make matters worse. However, if you’re able to use this program to negotiate a better long-term solution, it could still be your best option.

    During the process, National Debt Relief customer service representatives handle accounts in teams instead of designating a single account representative. This means customers have several points of contact for help, support and answering questions.

    Furthermore, National Debt Relief does not charge any of its fees until it has successfully settled your debt with creditors. If you cancel or find that it is unsuccessful in negotiating with your creditors, your money is returned to you, and you pay nothing in fees. Once negotiated, National Debt Relief rolls these fees into your monthly payments, so you won’t be facing a big bill the second your debt is settled with your creditors.

    Jason Lee

    Contributing Writer

    Jason Lee is a U.S.-based freelance writer with a passion for writing about dating, banking, tech, personal growth, food and personal finance. As a business owner, relationship strategist, and officer in the U.S. military, Jason enjoys sharing his unique knowledge base and skill sets with the rest of the world. Follow Jason on Facebook here