Consumer Debt Help Association

Consumer Debt Help Association Review

Consumer Debt Help Association is a debt settlement company based in Lantana, FL. It offers debt relief services to borrowers in 27 states (and Washington, DC). Founded in 2009, it is a well-established company that has been in business for over 10 years.

Key Takeaways

• Low debt minimum. Consumer Debt Help Association stands out from the competition because it only requires clients to have a minimum balance of $7,500. Most firms require at least $10,000 of unsecured debt.
• Performance-based fees. Consumer Debt Help Association bases its fees on how much you save when a settlement is accepted and not on the total debt enrolled like most debt settlement firms do.
• AFCC and IAPDA accredited. Consumer Debt Help Association 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. Consumer Debt Help Association has been in business for 14 years.
• Types of debt settled. Consumer Debt Help Association will only settle unsecured debts. These include credit card accounts, personal loans, and payday loans.
• Only available in some states. Consumer Debt Help Association is only available in 27 states.
• Offers in-house debt relief services. Some debt settlement companies act as intermediaries for larger firms. This company uses its own staff to handle debt settlement accounts.

Consumer Debt Help Association Pros & Cons

Consumer Debt Help Association FAQ

What does Consumer Debt Help Association do?

Consumer Debt Help Association offers debt relief services for the following types of debt:

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

What does Consumer Debt Help Association charge?

Consumer Debt Help Association 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.

Consumer Debt Help Association charges fees of 15% of the enrolled debt.

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

Does Consumer Debt Help Association offer a guarantee?

Yes, Consumer Debt Help Association does advertise a money back guarantee. Money back guarantees in the debt settlement industry typically state you won't be charged any fees until your debts are settled. However, charging upfront fees is illegal in the debt settlement industry anyway. Check with Consumer Debt Help Association LLC for more details on their guarantee.

What is the minimum debt Consumer Debt Help Association will consider?

Does Consumer Debt Help Association perform its own servicing in-house?

Yes, Consumer Debt Help Association employs its own in-house servicing staff who manage the process and negotiate settlements on behalf of their customers.

What accreditations does Consumer Debt Help Association 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).

• Consumer Debt Help Association is an accredited AFCC member.
• Consumer Debt Help Association is an IAPDA member.

Is Consumer Debt Help Association LLC a legit company?

Consumer Debt Help Association LLC was founded in 2009, it is a well-established company that has been in business for 14 years. Based on their "strongly recommended" SuperMoney community rating, they appear to be a very reputable company.