Is the National Debt Reduction Program a Fraud?
- Author Joseph Hernandez
- Published March 3, 2011
- Word count 717
How do people assess National Debt Relief Program? Based on some opinions, National Debt Relief
Program is a fraud. Consumers think that the system is concerned with eliminating consumers’ debt.
Some people state that any person that signs up for the program is requested to stop making
transactions prior to the company that’ll begin settling with debtors’ creditors. Even so, the
• negotiations don’t start until the consumer gathers up sufficient capital for the settlement. This
• affects the consumer’s credit.
The following are some findings that consumers posted relating to the program: A means of generating
money: A post in the credit card debt forums says that National Debt Relief Program is a fraud. He
stated that the firm that offers the program do almost nothing to minimize debt obligations; instead,
the firm is more concerned on producing money. No written record: A person states that National Debt
Relief doesn’t offer any published or printed documents. You are not aware of whether or not there’s
an understanding between them and the creditors. He states that if you have no printed contract,
you’ll probably be sued by the former creditor.
Misevaluated as a Government organization: Other consumers say that they are wrong about
NDR being a government agency. Nonetheless, the firm has no link to National Debt Relief
Stimulus Plan that is a government-built system presented to people who are battling with
credit card debt. Nor does it have a relationship with National Credit Relief Agency which is a financial
advising firm.
Has anyone had a good experience using this company?
A number of people claim that they’ve got something good from the National Debt Relief Program. A
couple of these responses were:
The system is useful. One consumer says that the program assisted him in eliminating his debts.
He claimed that he had settled debts totaling $80k down to $30k in a span of three years. He has
stopped receiving phone calls from his former creditors immediately after he signed up for the
program. He also said that the program helped him raise his credit scores. The firm is reputable.
Another person affirms that National Debt Relief, the firm that provides the National Debt Reduction,
possesses a B+ Rating along with the BBB and is a member of TASC, USOBA and IAPDA. He also states
that they are not a fraud firm and in fact settles with your creditors and help you overcome debts.
It’s essential that a consumer should carefully study any National Debt Reduction program before
signing up. They should verify the licensing status, certification, experience and testimonials from past
clients.
Debt Free Solutions is a debt consulting company located in Long Beach, CA. We have been in business for 10 years. We assist Americans across the U.S. to eliminate excessive credit card and other unsecured debt.
We utilize various programs and strategies to aid them in dissolving their debt in the quickest, safest, and most efficient method possible. We also analyze the risk factor. We structure our programs to drastically minimize the risk that is inevitable with all debt elimination programs.
We offer our clients much more than a debt settlement company does. The vast majority of debt negotiation companies simply settle your debts on your behalf with your creditors- nothing more.
On the other hand, we provide free services to significantly help to minimize the risks that are involved wIth negotiating with your creditors.
First, we offer a free, no-risk 10 day trial service. During our free trial, we negotiate with your creditors on your behalf to lower your interest rates. Also, we research to see if you have any old debts that you are not legally liable to repay. If, for any reason, you are not completely satisfied, you simply walk away. No commitments. No contracts.
Next, we provide a comprehensive credit repair service to all our clients. This is a $795 service that is absolutely free!
Also, we offer free attorney consultation (a maximum of five sessions) in case one or more of your creditors makes any threats.
Last, we provide a written guarantee that our clients’ creditors will settle for an average of 50% or more for all of the debts they attempt to negotiate.
Our services are competitively priced- and include the above free services!
So, what is the best way to get out of debt? By knowing your options that list the pro's and con's of each program or strategy. Choosing a program without knowing the benefits and risks may cost you $1,000's!
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