Categories: News

Consolidated Credit Review: What You Need To Know

On the Consolidated Credit website, consolidatedcredit.org, the company states that their mission is to assist families throughout the United States to end financial crises and solve money management issues through education and professional counseling. The company’s office is located at 5701 West Sunrise Blvd. Fort Lauderdale, FL 33313 and they can be reached at 1-833-580-5711. 

Consolidated Credit Pros and Cons

A review by The Best Debt Company, thebestdebtcompanys.com, listed a few pros and cons in regards to Consolidated Credit. They stated that on a positive note Consolidated Credit offers debt consolidation with low-interest rates, extensive debt management resources, and a mobile-friendly site. On a negative note, this company has upfront fees and no guarantee that there will be a favorable outcome. Information from this review was obtained on June 21 2023.

It is also important to note that debt consolidation does have a few drawbacks. Consolidating your debts does not eliminate or reduce the underlying debt itself. It simply combines multiple debts into a single loan or payment. Depending on the terms of the consolidation loan, you may end up paying more in the long run. While consolidation can simplify your repayment by offering lower monthly payments, it may extend the repayment period, resulting in more interest paid over time. It’s important to carefully review the terms and calculate the total cost of the consolidated loan before proceeding.

Consolidated Credit Cost

As per the company’s website, debt management program fees are regulated by the federal government and by the state where you reside. Fees are capped nationwide at $79, so that’s the most you can expect to pay, regardless of how much you owe.All nonprofit consumer credit counseling agencies like Consolidated Credit offer a free debt and budget evaluation.

BBB: Consolidated Credit Review

The Better Business Bureau is a nonprofit organization that collects and provides free business reviews to consumers, promoting ethical business practices and resolving disputes between consumers and businesses in the US and Canada. You can visit the Better Business Bureau website to view the full Consolidated Credit review. On the BBB website Consolidated Credit received a 4.9 out of 5 out of a total of 197 customer reviews.

In Need Of Debt Relief?

CuraDebt has been helping people and private businesses for more than 21 years cross country making the organization and group one of the most established and most knowledgeable about the obligation alleviation industry. As of May 2023 CuraDebt got a score of 5 out of 5 on CustomerLobby for a sum of 1179 clients reviews. CuraDebt is an Accredited Member of  the American Fair Credit Council. Get in touch with us today for a free consultation. 1-877-850-3328. Not only do we handle personal debt relief, we also offer business debt relief and tax debt relief. 

Is debt relief a good option for you? Explore the Pros and Cons of Debt Settlement before making a decision.

Do your research and explore: How To Choose The Best And Most Reputable Debt Relief Company

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