Accredited Debt Relief Review

Accredited Debt Relief is a debt settlement company based in San Diego, CA. It offers debt relief services to borrowers in 27 states (and Washington, DC). Founded in 2008, it is a well-established company that has been in business for over 10 years.

• Minimum debt balance of $10,000. Accredited Debt Relief only considers clients who have at least $10,000 in debt. This is a typical requirement for most debt settlement companies. However, it will also only settle individual accounts if they have a balance of $450 or more per account.
• AFCC and IAPDA accredited. Accredited Debt Relief is a member of the American Fair Credit Council (AFCC), which is the largest trade association for the debt settlement industry. It also employs debt resolution specialists that have been trained and accredited by the International Association of Professional Debt Arbitrators (IAPDA).
• Well-established firm. Accredited Debt Relief has been in business for 13 years.
• Types of debt settled. Accredited Debt Relief will only settle unsecured debts. These include credit card accounts, personal loans, and payday loans.
• Only available in some states. Accredited Debt Relief is only available in 27 states.
• Does not service its own debt relief cases. Accredited Debt Relief uses a third-party company to service debt settlement accounts.
• Customer service availability. Accredited Debt Relief provides customer support seven days a week.

Pros	Cons
No monthly consultancy fee Has IAPDA accredited debt specialists on staff AFCC member	Debt relief services only available in 27 states Only considers clients with a minimum debt balance of $10,000 Requires a minimum balance of $450 per account.

What does Accredited Debt Relief do?

Accredited Debt Relief offers debt relief services for the following types of debt:

• Unsecured debt, such as credit card debt and personal loans.

What does Accredited Debt Relief charge?

Accredited Debt Relief operates on a contingency fee basis. Companies operating under a contingency fee model charge fees that are based upon a percentage of the debt at the time the consumer enrolled; occasionally they are based on a percentage of the savings negotiated by the debt-settlement company. Across the industry in general, debt settlement clients typically see a 45% to 60% reduction of their enrolled debt.

Accredited Debt Relief charges fees that range from 18% of the enrolled debt up to 25% of the enrolled debt, depending on the amount of enrolled debt provided.

Debt relief service pricing / costs can vary greatly from one client to another so it's best to speak to Accredited Debt Relief directly to determine an accurate quote.

Does Accredited Debt Relief offer a guarantee?

No, Accredited Debt Relief does not have a money back guarantee. Some debt settlement companies advertise a money-back guarantee that typically states you won't be charged until your debt is settled. However, it is illegal for debt settlement companies to charge upfront fees before an account is settled. So these guarantees offer little added value to consumers.

What is the minimum debt Accredited Debt Relief will consider?

Accredited Debt Relief will only consider customers with unsecured debt of $10,000 or more. Customers with less than $10,000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.

Does Accredited Debt Relief perform its own servicing in-house?

No, Accredited Debt Relief partners with third party service providers who negotiate on behalf of the clients they enroll.

What accreditations does Accredited Debt Relief have?

The two main trade associations in the debt relief services space are the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA).

• Accredited Debt Relief is an accredited AFCC member.
• Accredited Debt Relief is an IAPDA member.