Important Considerations
Stephen hit rock bottom financially after a series of life events stretched his budget too far, and he was skeptical about seeking help. Here’s how National Debt Relief could help in his situation.
- National Debt Relief offers a structured debt settlement program for individuals struggling with unsecured debt.
- The company holds an A+ BBB rating and holds accreditation from the American Fair Credit Council.
- While NDR can reduce what you owe, the process may hurt your credit and doesn’t work for all types of debt.
Stephen’s Story: Out of Options, Out of Time
Stephen is a typical thirty-something living in the South. He unfortunately accumulated nearly $42,000 in credit card debt after being laid off and using credit to cover his rent. Stephen found similar stories while reading through popular forums like Reddit, where people shared their own experiences: relying on credit cards during tough times and ending up buried under interest. Stephen felt stuck in a never-ending cycle of minimum payments. Collection calls were coming in, and like many others, he stopped answering his phone. After seeing multiple forums discussing National Debt Relief, he decided it was time to take a serious look at making a financial plan for debt relief.
How Does National Debt Relief Work?
National Debt Relief (NDR) is a debt settlement company that negotiates with creditors to reduce what you owe. Instead of making monthly payments to creditors, you deposit money into a special account. Once there’s enough saved, NDR negotiates lump-sum settlements on your behalf. According to the company, the typical client experiences a reduction of 30–50% before fees, and most programs last between 24 and 48 months.
They don’t charge upfront fees. Instead, they take 15–25% of your enrolled debt, but only after a thriving settlement. This fee structure is something users often appreciat, knowing that NDR doesn’t get paid until something happened.
National Debt Relief BBB and Reddit Reviews
One of the most discussed aspects of National Debt Relief on Reddit is its customer service. Several users reported that their representatives were kind, patient, and walked them through everything with zero judgment. Users cited that NDR agents explained risks and didn’t sugarcoat the credit impact.
After filling out the free consultation form, applicants can expect a call within the next business day. Calls should feel low-pressure and not like a sales call.
Pros and Cons of National Debt Relief
Positive Aspects
- A+ BBB rating
- No upfront fees; only pay if they settle your debt
- Accredited by the American Fair Credit Council (AFCC)
- Free consultation and transparent process
Negative Aspects
- Your credit score will likely take a dip since you must stop making payments as part of the debt relief program.
- Collection calls and even lawsuits are possible during the process
- Not all debts are eligible (e.g., secured loans, student loans)
- Some users on Reddit warn that it takes months to see progress
Is National Debt Relief Legit?
Yes, National Debt Relief is a legitimate company with over a decade of experience and thousands of positive reviews. It holds an A+ rating with the BBB and is one of the most prominent players in the debt relief space. That said, it’s essential to go in with eyes open. Reddit threads show a range of experiences: some people saved thousands, while others felt overwhelmed by the wait and the temporary damage to their credit.
Compare Debt Relief Options
Consider Debt Consolidation
Stephen briefly looked into debt consolidation loans as an alternative. This option allows you to consolidate all your debts into a single loan, typically at a lower interest rate. However, with a credit score already below 600, the loan amounts and interest rates he was eligible for wouldn’t result in lower interest rates or cover his outstanding debt. For those with good credit who haven’t yet started missing payments, debt consolidation is a better alternative to debt relief. Companies like SoFi, Upgrade, and LendingClub offer tools to check rates without impacting your score.
In Conclusion: Why National Debt Relief Is Worth Considering
After weeks of research, phone calls, and sleepless nights, Stephen decided to enroll. He knew it wouldn’t be easy, and that he’d have to face a dip in his credit and play the long game. However, others in a similar position who shared their stories gave him hope. It’s a tough journey, but it can be successful if you stick with it.
If you’re looking for other options for debt relief, our other top two picks for the top debt relief companies include Achieve and Accredited Debt Relief.
Frequently Asked Questions
Find answers to common questions about National Debt Relief.
The AFCC accredits National Debt Relief, and NDR holds an A+ BBB rating. They’ve helped thousands of clients reduce their unsecured debt.
National Debt Relief works as a debt relief company that negotiates your outstanding debt on your behalf. You stop paying creditors and instead deposit funds into a dedicated account. NDR then negotiates lump-sum settlements on your behalf.
Yes. Since you stopped paying your creditors, your credit score will take a hit; however, it can recover once the debts are resolved.
National Debt Relief works with most unsecured debts, including credit cards, medical bills, and personal loans. Secured debts and student loans aren’t eligible.
Most clients complete the program in 24–48 months, depending on their savings and debt levels.
