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National Credit Card Relief

What Our Clients Says


I saved well over $18,000 on my credit cards, easily, and over $60,000 will be forgiven on my student loans, wiped clean. I couldnt be happier. Thank you Concepcion, LPG and Golden Financial! Now I can get back to growing my business! Thank you.

Saved over $18,000 with GFS

I rated Golden Financial Services 5 stars on Google. From day one, Rick took the time to explain everything about how the services work, including all the potential downsides. I was prepared for all obstacles if they came, but thankfully none did and Im happy to say Im now debt-free.

National Debt Relief Reputation & Consumer Reviews

Consumer reviews on National Debt Relief are a mixed bag. Many find it hard to glean information about the program without first providing sensitive information or undergoing a soft credit pull. Others claim NDR does not deliver what it promises. Some consumers feel they were misled by NDR and feel it failed to disclose just how much it would be taking in fees. Some were not made aware theyd have to pay federal income taxes. The main problems seem to be misinformation and lack of communication.

National Debt Relief is a real company working to eliminate consumer debt, but there are more than a few strings attached. Dont start adding up your savings without first considering the taxes and fees you will owe and the impact on your long-term credit history.

Dont expect to be in the clear after a phone call. The process takes time and patience, and though debt settlement comes with drawbacks, its benefits outshine at least one alternative. NDR may not be all its cracked up to be, but in many cases, it still beats bankruptcy.

6 Minute Read

Best For Customer Satisfaction: New Era Debt Solutions

New Era Debt Solutions maintains a staff of attorneys ensuring that everything is done according to state and federal law giving consumers confidence in the job done.

  • No upfront fees or monthly administration charges

  • Attorneys on staff

  • Free consultation with a debt specialist

  • Not available in certain states and cities

New Era Debt Solutions has been in business since 1999 and has helped clients settle over $250 million in debt. Clients do not pay any upfront charges for its services. Its plans also come without any monthly administration fees, and performance-based fees are only charged when you see results.

Like other debt settlement companies, New Era Debt Solutions has its clients save money for debt settlement in a separate account. In the meantime, they negotiate with your creditors to help you pay less than what you owe.

According to the company, its clients settle their debts and become debt-free after an average of fewer than two to three years. They claim to be able to expunge over 50% of debt owed. The company claims to lower both the balance and interest rates of debts.

Other benefits of New Era Debt Solutions include the fact it has attorneys on staff and an account management team is also assigned to each client from the start. The company also handles all of its work in-house and never outsources tasks to other unproven firms or contractors.

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What Debt Settlement Options Are Available

Getting help with your credit card debt settlement isnt free. Consider the time and frustration you could endure with trying to fix your credit issues on your own.

When you do business with a debt settlement company, you will have to show that you have the money to pay down the debt. Some companies may ask for a dedicated bank account, which the money then will be sent by an independent third party. The funds are still yours and if its an interest bearing account, you will be entitled to this.

A reasonable fee for account maintenance may be added on. This could include transferring the funds from your account to pay your creditors and the debt settlement company when settlements occur.

A credit card debt settlement company can charge you only a portion of its full fee for each debt it settles. For example, you owe money to three creditors and the settlement negotiation is only successful with one of your creditors. For every successful debt settlement, the company can charge you another portion of its full fee.

A common approach is if the companys fees are based on a percentage of the amount you save through the settlement, then the company must tell you both the percentage it charges and the estimated dollar amount it represents. This may be called a contingency fee.

Weigh Your Options For Debt Relief

The Best Credit Card Debt Relief Options Explained

The credit counselors job is to provide all the information you need to make an informed decision to get out of debt. The counselor can help you understand how a debt management plan through a credit counseling agency will work. They will also explain how this solution differs from others, like debt consolidation, debt settlement, and bankruptcy.

Once they answer all your questions, you may decide to explore other options before you choose a solution. As you research other options, these free resources can help you zero in on the best solution for your needs.

Recommended Reading: Government Programs For Debt Relief

Our Top Picks: National Debt Relief & Consolidated Credit Counseling

Given a nearly perfect score by our experts, National Debt Relief is a solid option for anyone carrying significant credit card debt. The company offers a variety of program types, including consolidation and debt settlement.


Never enter into an agreement with a company with which you are not comfortable pushy sales people or overall poor customer service may be signs of a company without your best interests in mind.

Using Debt Consolidation To Get Relief

Debt consolidation is often the preferred choice for debt relief because of the benefits it provides. With consolidation, you pay back everything you owe while minimizing interest charges. You can often enjoy lower monthly payments, even while you pay off your debt faster and save thousands. Theres also no credit report damage, which you see with other solutions like debt settlement and bankruptcy.

There are three basic ways to consolidate credit card debt:

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Managing Debt Collectors And Scammers

People with debt and little money are prime targets for scammers.

The Fair Debt Collection Practices Act sets rules for debt collectors, including:

  • How often and when they can call
  • No abuse or deception
  • Must provide amount of the debt, name of current creditor, how to get name of original creditor.

There are also strict rules for debt settlement companies. If they do any of these, its a debt elimination scam:

  • Charge fees before providing service
  • Tout a government debt elimination program
  • Guarantee credit card debt will disappear or be paid off for pennies on the dollar.

Settling Credit Card Debt

Coronavirus Relief for Credit Card Debt, Auto Loans, Repos, Foreclosures & More!

If you’ve maxed out your credit cards and are getting deeper in debt, chances are you’re feeling overwhelmed. How are you ever going to pay down the debt? Now imagine hearing about a company that promises to reduce or even erase your debt for pennies on the dollar. Sounds like the answer to your problems, right?

The Federal Trade Commission , the nation’s consumer protection agency, says slow down, and consider how you can get out of the red without spending a whole lot of green.

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Best National Debt Relief Programs

Brittney is a credit strategist and debt expert with years of experience applying her in-depth knowledge of the credit and personal finance industries to write comprehensive, user-friendly guides on the products and strategies readers can use to make smart financial decisions throughout the credit-building process.

Edited by: Lillian Guevara-Castro

Lillian brings more than 30 years of editing and journalism experience, having written and edited for major news organizations, including The Atlanta Journal-Constitution and the New York Times. A former business writer and business desk editor, Lillian ensures all content equips readers with financial literacy.

When bills are piling up and you begin to fall behind on payments, debt relief programs can provide much-needed assistance to get out from the under the weight of all those unpaid notices and back on the path to good credit. Keep reading for our take on how to approach seeking out debt relief programs.

There is a small aquatic plant, called duckweed, that can expand from a few small leaves and take over the entire surface of your aquarium in a matter of months. While many fishkeepers will argue that duckweed has its place in moderate amounts, it can help keep your water clean too much of it can be a serious problem.

What Is The Difference Between A Non

Certified Credit Counseling For-Profit Debt Relief Companies
  • Usually performs an in-depth analysis of your financial situation and makes recommendations to help you resolve your debt and finances.
  • Usually attempts to enroll you into a pre-defined debt settlement plan, refers you elsewhere, or declines your enrollment into its program with little analysis of your individual circumstances.
  • Usually works with your creditor to create a repayment plan that avoids or minimizes adverse consequences. the credit counselor may be able to negotiate concessions such as waived fees, reduced interest and stopped collection activity.
  • Often directs you to stop paying creditors in order to accumulate funds for debt settlement faster. Debt relief companies usually negotiate a debt settlement for less than what you owe a creditor. Debt relief companies may direct you to send a cease and desist notice to stop collection activity.
  • Debt relief companies may not disclose or may minimize the impact of their plan upon your credit report and tax situation. Debt settlement may involve debt forgiveness, which may have tax implications.
  • Debt relief companies charge fees often based upon percentage of savings. Some debt relief companies require payment of its fees prior to distribution of funds to creditors. There are some eligibility requirements so some customers may not receive assistance if they do not qualify.

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Waived Late Fees/penalty Fees/penalty Apr

This is another offering that is available during the health crisis and, actually, its available most of the time if you specifically request the help and have an account in good standing.

The last thing you want to do is add to your credit card totals unnecessarily during this time.

» MORE: What is a credit card hardship program?

Fees For National Debt Reliefs Services

Credit Card Debt Consolidation Debt Relief Programs Offer Maximum Help ...

National Debt Relief charges a fee of 18%-25% of enrolled debt. This means if you came into the program with $20,000 in debt, expect to pay NDR between $3,600 and $5,000 in fees. There may be additional service or maintenance fees to pay depending on your state.

Keep in mind that in 2010, the Federal Trade Commission made it illegal for debt settlement companies to charge upfront fees. If a company tries to weasel your credit card number out of you before establishing your eligibility for the program, its probably a red flag.

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Good News: Alternatives To Government Debt Relief Options

The good news for many people in debt is that there are a number of debt relief options that dont include the government. There are solutions for people in good financial shape and for those in a financial hardship and struggling with credit card debt.

Anyone with a good financial situation and good credit should look at their budget, assets, and credit. Perhaps paying off debt more aggressively or taking out a debt consolidation loan will solve your problems.

However, if you are struggling to make your minimum payments, and want to focus on paying off your debt and not your credit, then consider a debt settlement program. Fortunately, the industry is regulated by the government, so you never have to make any upfront payments. Private industry, with firms such as sister company Freedom Debt Relief, now offer you debt relief in cases where the government cannot help.

Need Help Finding a Non-Government Debt Relief Tactic?

Is Government help not enough? With just a few questions and a soft pull on your credit, you can get a free personalized solution to help you get debt-free.

Debt Relief: Understand Your Options And The Consequences

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list ofour partnersandhere’s how we make money.

Find that you’re just not making progress on your debt, no matter how hard you try? If that’s the case, you might be facing overwhelming debt.

To break free of this financial burden, look into your debt relief options. These tools can change the terms or amount of your debt so you can get back on your feet more quickly.

But debt-relief programs are not the right solution for everyone, and its important to understand what the consequences might be.

Debt relief could involve wiping the debt out altogether in bankruptcy getting changes in your interest rate or payment schedule to lower your payments or persuading creditors to agree to accept less than the full amount owed.

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Sound Too Good To Be True

Some debt settlement companies may âguaranteeâ to lower your monthly credit card or loan payments or to reduce your payments by 50 percent or more. Other companies might tell you that they have âinsider tipsâ or special expertise in lowering your interest rates on your credit cards. Remember: if a promise sounds too good to be trueâit usually is.

Debt Relief Through Bankruptcy

National Debt Reliefâs Unique Approach to Debt Settlement

Theres little point in entering a debt settlement or debt management plan if youre not going to be able to pay as agreed. We recommend talking with a bankruptcy attorney first, before you pursue any debt relief strategy. Initial consultations are often free, and if you dont qualify, you can move on to other options.

The most common form of bankruptcy, Chapter 7 liquidation, can erase most credit card debt, unsecured personal loans and medical debt. It can be done in three or four months if you qualify. What you should know:

Also, not everyone with overwhelming debt qualifies. If your income is above the median for your state and family size, or you have a home you want to save from foreclosure, you may need to file for Chapter 13 bankruptcy.

Chapter 13 is a three- or five-year court-approved repayment plan, based on your income and debts. If you are able to stick with the plan for its full term, the remaining unsecured debt is discharged. It will take longer than a Chapter 7 but if you are able to keep up with payments , you will get to keep your property. A Chapter 13 bankruptcy stays on your credit report for seven years from the filing date.

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Implement A Debt Reduction Plan

You basically strategically arrange your bills and make the largest payments possible on one debt at a time. You find as much cash flow as possible in your budget by eliminating expenses, then target each debt successively.

We offer resources that describe how to implement an effective debt reduction plan.

Financial Help For Senior Citizens

Nearly a quarter of Americas senior citizens dont have retirement or personal savings. At the same time, they are suffering from record debt levels including credit card debt, student loan debt and housing debt. The good news is that there are numerous resources that offer financial help for senior citizens, especially related to credit card debt, finding employment, food assistance, legal and housing help. Learn more about financial help for senior citizens.

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More March 21 Holidays

Recipe of the Day: Easter Hot Cross Buns

Ecards Send a free Ecard daily for just about any March calendar holiday, occasion, observance, or event. Or, just for the fun of it!

Holiday Insights, where every day in March is a holiday, a bizarre or wacky day, an observance, or a special event. Join us in the daily calendar fun each and every day of the year.

Did You Know? There are literally thousands of daily holidays, special events, and observances, more than one for every day of the year. and many of these holidays are new. People and organizations are creating new holidays regularly. March holidays are no exception. Consequently, at Holiday Insights, we take great efforts to thoroughly research and document the details of each one, as completely and accurately as possible.

How To Find The Best Solution For Your Situation

National Debt Relief

With many types of programs for different forms of assistance, the research process can feel overwhelming. The FTC recommends these ways you can narrow down which credit relief programs would work best for you:

  • Try to use a program with a nonprofit organization that offers local and online support.
  • Look for recommendations from your local bank, credit union, university or military base to find a reputable credit counselor or relief course.
  • Ask the provider for additional information on its debt relief program. Most trustworthy agencies will send you educational literature for free.
  • Check with your state attorney general to see if the agency youâre considering has any complaints filed against them.
  • Find out if your state requires a license for credit counseling or debt settlement agencies. If one is required, verify that the agency you want to use has an up-to-date license.
  • Interview your potential adviser to find out what services they offer and if they charge a fee.

You can look up any debt settlement or credit counseling agency online to see whether they are highly rated for their services and customer care. And you can also report any scams conducted by a credit relief program to the appropriate authorities.

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