Many people in the United States want to get in contact with an American debt relief program because they can’t full fill their obligations towards the institutions from which they have contracted credits.
A debt relief company such as American Debt Enders offers several services to help people get out of the issues of their due credits.
You can contact them at any time for free credit counseling; they will help you to determine the best strategy for alleviating your debt and pay it off without breaking the bank.
You will discuss your financial concerns and your inability to meet your commitments to your creditors. They have experts in credit relief who will provide you with the advice you need to get out of it.
The next sections are going to discuss various services offered by this company to the public in difficulty of payment of their debts.
It will then be up to you to decide whether it is necessary to get in touch with them to seek their advice. Consulting services are free; you have nothing to lose.
What is American Debt Enders About?
American Debt Enders is a company that has been helping people who have difficulties in paying their debts since 2006. It was founded by Steven Ciantro, who is a Certified Credit Counselor.
This gentleman has a lot of achievements to his credit; he is a former finalist in Inc Magazine, Ernst and Young’s Entrepreneur of the Year Contest in 1991, an inventor of a Patented Medical device, a public speaker about debt issues, etc.
He is among the well-suited persons to advise you in all the matters relating to debt issues. His humble personality and hard work have allowed him to make a fortune from almost nothing.
American Debt Enders’ Mission
The company owners say their mission is to help people lead a debt-free life. If you have difficulties in paying your current debts, American Debt Enders (ADE) will offer you non-profit debt consolidation, credit restoration, debt settlement, free telephone bankruptcy counseling, and many other services.
All these services will be determined in the contractual agreements you will sign with the company. ADE operates as contractual affiliates and provides credit counseling expertise to people in need.
The company has well-skilled counselors that will provide you with guidance about all the services offered. You will discuss together on the debt relief options in general and the suited way to get out such a situation.
If your debt situation is different from what they offer, ADE will recommend to you the appropriate companies to help you.
The owners have established relationships with the best companies in the credit relief matter and will gladly guide you in that direction.
ADE is a member of the Netcheck that can be compared to the Better Business Bureau. After opening your free account, I strongly encourage you to check about this allegation to make sure about how ADE is compliant.
Another essential fact to point out is that all credit counseling consultations offered by this company are free and without obligation or pressure.
During the consultation, the experts in debt relief will discuss with you and analyze your situation. They will then map out the necessary course of action.
At the end of the consultation, you can choose to enroll in the credit restoration, bankruptcy program, debt settlement, non-profit debt consolidation, or student loan program. It will all depend on your particular case.
In a nutshell, if you are suffering from a debt problem, ADE will provide you with various solutions suitable to your situation.
No matter whether the problem was due to divorce, a sudden drop in income, illness, or just overspending, this company will help you to get out debt issues and regain a normal life.
Services Offered by American Debt Enders
Pay Day Loan Debt Relief
This program is the best solution for people that are trapped in Payday Loans. ADE will help you to deal with such a situation using this outstanding non-adversarial program.
They will dramatically lower your payments and interest and prevent garnishments. The program is available all across the United States except for the state of Kansas. There is no cost to enroll, and it only takes five minutes.
American Debt Enders provide to all people in PayDay Loans situations a solution called “Collection Protection.
It is designed to reduce the call volume from collectors and seek out collectors who are violating the Fair Debt Collection Practices Act Laws.
Another advantage is that ADE will educate you as to what these laws are about, catch, and identify people that are perpetrating their violations.
Debt Dispute Program
To find out if this program is suitable for your situation, you first need to determine if one of the following cases apply to you.
- Do you have unpaid credit cards or other debts of at least $5,000?
- Are debt collectors harassing you currently?
- Do you feel that you have defaulted on loans or may have been charged excessive fees?
- Would rather not declaring bankruptcy?
If you are in such a situation, I strongly advise you to get in touch with ADE and discuss the modalities to enter the debt dispute program.
It is a new program in the world of debt relief and whose approach requires debt collectors to provide proof that a debt is legal. The debt must be collectible, valid, and verified. Otherwise, the collection efforts will cease.
Debt dispute is different from the debt settlement program, negotiation, or modification. It is advantageous compared to other programs for many reasons that will be discussed at the time of consultation.
This program is for people who are no longer in debt, and that want to improve their credit rating. Many people don’t know about it, but it is possible to remove the negative ratings and rejoin the world of wise credit without waiting for seven years.
All you need is to feel the form for free credit report evaluation. The ADE experts in the matter will examine how they can raise your credit score.
Once enrolled in the program, the company will send you periodic updates from its free credit counseling blog in newsletter format.
You will find within the blog unbiased relevant information from the best credit counselors in the country. You will also get a link to Financial Talkcast Radio, that devotes its activities to debt solutions.
Debt Management Program
This is a program whose purpose is to pay off your unsecured debts (usually credit cards) in full. The program covers a period not exceeding five years.
If you are living in such a situation and want to become debt-free, you can qualify for this program. Your current credit score is not relevant.
The debt management program is an excellent means of paying off your credit card debt but is not the answer for all people because the banks control it.
You will receive a new lower interest rate pre-determined by the bank that issued the credit card. It is the same bank that determines the new monthly payment and the interest rate.
For instance, Bank AB can reduce your interest rate from its current 12.1% to 9% and also reduce your present monthly payment from 2.8% of the balance to 1.9% of the balance.
These interest rates can be different from the one of Bank CD that can reduce your interest rate from its current 22% to 10.6% with a reduction in monthly payment from 2.7% of the balance to 1.45%.
As you can see, the savings in both payoff time and money can be staggering if you choose to utilize the debt management program.
If the high interest you are paying currently puts you in a situation where you are beginning to fall behind on your payments, you can contact ADE and discuss how this program can be beneficial to you.
Student Loan Consolidation Program
This is the last program we will discuss in this article, but it may not be the last offered by American Debt Enders. The facts show that it is essential for students from all across the United States.
Indeed, statistics indicate that 37 million people have student loan debt in the USA, and ten million of them have past due balances. The average outstanding debt per student would be $23,000.
If you are in this category, the student loan consolidation program will provide you with the following benefits:
- One payment in place of multiple payments.
- Payments that take into account your current income.
- Get out of default payment.
- You will be paying lower interest.
- You can recover federal privileges.
- You can be admitted to place loans back Into deferment.
There different plans from which you will choose depending on your situation.
Standard Repayment Plan – This plan will save you money over time as the monthly payments may be slightly higher than what you pay under other plans. You will pay off the student loan in the shortest time.
Graduated Repayment Plan – If your income is currently low, but you expect it to increase steadily over time, this plan is for you. It is the best option for people that are just starting with their careers. Payments start low and will increase every two years for 25 years.
Income-Based Repayment Plan – To qualify for this program, you must have a partial financial hardship. The monthly payments will take into account your income and family size.
The amount to pay can increase or decrease each year; it will depend on your income and family size, and this information is reviewed every year by the Department of Education automatically.
The terms will be calculated for over 25 years. If the monthly payment fixed within this program doesn’t cover the accumulated interest on the loans each month, it will be the responsibility of the government to pay the unpaid accrued interest for up to three consecutive years.
Income Contingent Repayment Plan – This plan is similar to the Income-Based Repayment. The guidelines and requirements are the same, but the repayment amount will be determined using different formulas.
American Debt Enders Pros and Cons
Available at the national level – ADE services are available in all the United States except some programs that are excluded in few states.
Debt dispute program – ADE will provide you with a special debt dispute program through its sister company called “Infinity Consumer Services.”
The program is different from others we have described in this post; you can qualify with as little as $2,000 of unsecured debt. It also allows for full legal coverage of 90% in case any creditor legal action occurs.
Transparency – The company provides all the information about its services. They also have an educational blog and a comprehensive FAQ section that covers various aspects of debt.
Free consultation – ADE offers a 100% free no-obligation consultation through Peak Legal Advocates. You can use this free service to connect with licensed lawyers in your state.
Licensed attorneys – Licensed attorneys will handle all debt dispute cases with full legal coverage.
- Due to the nature of its services, the company cannot offer any direct guarantees.
- Some people say that even though the official website is very informative, it is not easy to navigate because of many links spread throughout the page.
My Final Thoughts
It is the end of this article that has presented to you the best American debt relief program by the name of American Debt Enders.
ADE is available all over the United States, and the consultation is free. The company has experts in debt relief that will asses your situation and propose an appropriate solution without you paying a penny.
After determining your situation, you can enroll in none of the five proposed programs that are Debt Dispute Program, Pay Day Loan Debt Relief, Credit Restoration, Debt Management Program, and Student Loan Consolidation Program.
If your situation can not be categorized on one of the programs mentioned above, ADE will direct you to a partner that will handle it. The company has partners that provide specialties different from what it offers.
All these services will be offered to you at an affordable cost; the purpose is to alleviate your current debt, enable you to live a free debt life, and regain your financial independence.
Finally, before I leave you, I would like to thank you for taking the time to read this article. I am an affiliate marketer that review various programs and provide useful information to the public.
Feel free to come often to my educational blog as do many other people from all parts of the world. If you have some comments or questions, you can leave them at the bottom of this page.
It will be a pleasure for me to get back to you as soon as possible.