DebtWave Credit Counseling was founded in 2001 and has helped more than 13,000 people in eliminating their credit card debts till date. The company primarily focuses on credit card debts, but also offers debt consolidation, debt management, credit counseling, and many other services. Compared to many of its competitors in the business, DebtWave Credit Counseling offers lower interest rate along with a reasonable upfront fee ranging from $10-$49. The company also offers a money back service. There are a wealth of educational resources available on the company’s website. What we didn’t like about the company is the limited availability of their operational service area and the hours of their customer service.
The Debt Management Group is a debt consolidation and debt settlement company based in Newyork. The company also p[rovided credit counseling and a free debt analysis from their expert advisors. The company’s website has a wealth of educational resources including a debt calculator, a blog, and a live chat service. However, the company’s website lacks transparency regarding pricing and provides no information about upfront fees, monthly fees, and interest rates. The company also lacks key industry accreditations.
Progressive Debt Relief has been helping its customers cope with their financial problems since 2005. The company offers debt management and debt settlement services to its customers. The company offers a thorough and free consultation with certified counselors, and provides the customer with an in-depth financial analysis, enabling the customer to choose the solutions that best fits their specific needs. Unlike many other companies, the company does not charge any upfront fees; however, there is still a lack of transparency about their pricing. The company’s website does not provide any educational resources, and the company also lacks major industry accreditations.
Debt Consolidation Care is a third party company that helps clients with overcoming and eliminating their debts. The company offers personal loans and credit counseling and provides information on their website about the different solutions for debt consolidation. Unlike any other company in the industry, Debt Consolidation Care has a community forum where people can openly discuss their specific circumstances with others who might have faced similar problems. Although the company’s website offers information about the different consolidation solutions, there is a great lack of transparency about their pricing.
First Choice Debt Relief has been operating since 2008 and mainly provides debt relief services. Despite its short time spent in the industry, the company has a good tracking record and offers some unique features to its consumers. Unlike many other companies in the business, First Choice Debt Relief has a policy of not charging any upfront fees. The company at lowering the consumer’s debt and to set up a simple monthly payment for them. The company also features a unique debt calculator on their website. Although the company offers some unique features, it has several drawbacks as well. The company lacks important information on the website regarding pricing, and does not offer any educational material. It is a very high minimum requirement of debt and lacks several key accreditations.
CreditGuard of America has been in business since 1991 and has a good tracking record. The company offers debt management programs and debt consolidation loans and aims to lower the monthly payments for its consumers by 30 to 50 percent. Several tools and resources are offered on the company’s website to educate its consumers on financial matters. However, the company lacks several key industry accreditations and has issues regarding the transparency of its pricing plans. Many consumers have also reported recurring hidden fees associated with the company’s service.
Consolidated Credit offers debt management and credit counseling services for credit card debts. They have been operating for a long time and have a great reputation overall. It is an accreditated company that offers low interets rates, high availability, and a transparent service. Extensive educational resources are available on the company’s site and the company allows consumers to cancel at any time without any fees. The company’s fees are slightly higher than the industry standard and some consumers have reported issues with their services.
Having a history of about a decade, Solid Ground Financial offers debt consolidation and credit repair services to its consumers. The company has some remarkable features such as a money back guarantee under certain circumstances, the high availability of its services, and a great customer service. As for the negatives, the company has not disclosed essential information such as prices and average interest rates on its website. It also lacks some key industry accreditations and has faced a lawsuit in 2011 filed by the state of Washington.