Last Updated: 04/18/2025
SuperMoney User Recommendation Score +78
Strongly recommended9 total votes
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Highlights
Community Rating
Strongly recommended
Minimum Debt Owed
$5,000
Settlement Fee %
20% - 25%(Verified 06/21/2024)
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Monthly Service Fee
$0(Verified 06/21/2024)
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Number of Reviews
Ooraa Debt Relief Review
Ooraa Debt Relief is a debt settlement company based in Cheyenne, WY. It offers debt relief services to borrowers in 38 state across the USA. Founded in 2008, it is a well-established company that has been in business for over 10 years.
Key Takeaways
- Low debt minimum. Ooraa Debt Relief stands out from the competition because it only requires clients to have a minimum balance of $5,000. Most firms require at least $10,000 of unsecured debt.
- ACDR and IAPDA accredited. Ooraa Debt Relief is a member of the Association for Consumer Debt Relief (ACDR), 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 company. Ooraa Debt Relief has been in business for 18 years.
- Multipe types of debt settled. Ooraa Debt Relief settles all types of unsecured debt and business debt. Unsecured debt includes credit card debt, personal loans, and certain types of student loans.
- Available in most states. Ooraa Debt Relief is available in 38 states.
Ooraa Debt Relief Pros & Cons
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Ooraa Debt Relief FAQ
What does Ooraa Debt Relief do?
Ooraa Debt Relief offers debt relief services for the following types of debt:
- Unsecured debt, such as credit card debt, medical debt, and personal loans.
- Business debt.
What does Ooraa Debt Relief charge?
Ooraa Debt Relief charges a settlement fee based on the debt handled. Instead of monthly payments or upfront fees, Ooraa Debt Relief only collects a fee once a settlement has been reached. Fees are calculated as a percentage of the enrolled debt and may vary by state. Across the industry, debt settlement clients typically see a 45% to 60% reduction of their enrolled debt before fees.
Ooraa Debt Relief settlement fees typically range from 20% of the enrolled debt up to 25% of the enrolled debt, depending on state regulations.
Debt relief fees and settlement terms can vary based on your state and individual circumstances, so it’s best to speak directly with Ooraa Debt Relief for an accurate quote.
Does Ooraa Debt Relief offer a guarantee?
Yes, Ooraa Debt Relief does advertise a program guarantee and you won't be charged any fees until your debts are settled. Charging upfront fees is illegal in the debt settlement industry anyway. Check with Ooraa, Inc. for more details on their guarantee.
What is the minimum debt Ooraa Debt Relief will consider?
Ooraa Debt Relief is recommended for customers with an unsecured debt of $5,000 or more. Customers with less than $5,000 of unsecured debt may benefit from a debt consolidation loan or credit counseling services.Does Ooraa Debt Relief perform its own servicing in-house?
Yes, Ooraa Debt Relief employs its own in-house servicing staff who manage the process and negotiate settlements on behalf of their customers.
What accreditations does Ooraa Debt Relief have?
The two main trade associations in the debt relief services space are the Association for Consumer Debt Relief (ACDR) and the International Association of Professional Debt Arbitrators (IAPDA).
- Ooraa Debt Relief is an accredited ACDR member.
- Ooraa Debt Relief is an IAPDA member.
Is Ooraa, Inc. a legit company?
Ooraa, Inc. was founded in 2008, it is a well-established company that has been in business for 18 years. Based on their "strongly recommended" SuperMoney community rating, they appear to be a very reputable company.
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Message from Ooraa Debt Relief
Hours of Operation
Sunday
Closed
Monday
6:00AM - 6:00PM
Tuesday
6:00AM - 6:00PM
Wednesday
6:00AM - 6:00PM
Thursday
6:00AM - 6:00PM
Friday
6:00AM - 6:00PM
Saturday
Closed