Compare Top Debt Settlement
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National Debt Relief
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Get out of debt without bankruptcy! |
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Learn More | Read More |
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Freedom Debt Relief
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Specializes in debt settlement services. Debt can be settled in 24 to 48 months, and fees range from 15% to 25%. $7,500 minimum debt required. Track progress 24/7 via online dashboard. No-risk debt relief consultation offered. |
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CreditAssociates
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Works with unsecured debts only, such as credit card, medical and business debt. Eliminates debt in 24 to 48 months. Service fee is 15% to 25%, and a free initial debt consultation is available. Not available in all states. |
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Accredited Debt Relief
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Best for clients with $10,000 or more in unsecured debt. Says it could reduce your debt by up to 40%. Over $3 billion in client debt paid off. Your quote is 100% free and will not affect your credit score. |
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Learn More (877) 566-8703 | Read More |
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CountryWide Debt Relief
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Offers options for debt relief, including debt consolidation programs, debt settlement and credit counseling. Helps people facing financial hardships or bankruptcy. Not a direct lender. Recommends a minimum debt of $10,000. |
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Learn More (877) 944-9077 | Read More |
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Pacific Debt Relief
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$10,000 minimum debt required. Low monthly program payment and no upfront fees. Service fees vary between 15 and 25% of the total debt enrolled. Most results take 24-48 months. Offers debt negotiation, but not consolidation loans. |
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Learn More (619) 492-9990 | Read More |
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Debt Rx
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Get personalized service and attention when you’re seeking debt relief. Find out more about your debt relief options with a free confidential consultation, and use its debt calculator to see how much you can save. |
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Learn More (844) 984-0780 | Read More |
How to choose debt consolidation in Tallahassee
There are many reasons Tallahassee residents go into debt, and attempting to pay it off while also meeting your monthly expenses can be overwhelming. The constant financial pressure can lead to missed payments and increased interest rates. Between credit card payments, medical debt and student loans, it’s easy to get behind on payments and much more difficult to catch up.
Nearly 40 percent of Leon County residents have debt that is in collections, which is higher than the national average of 33 percent. Around 16 percent of Leon County has student loan debt in collections, while 23 percent are behind on payments for medical debts.
Getting debt consolidation help in Tallahassee
One of the most common forms of debt consolidation in Tallahassee is debt settlement, which lets you make one monthly payment into an account created for debt settlement purposes. The debt consolidation company you’re working with uses these funds to negotiate with creditors in an attempt to settle your debts for a reduced amount.
Generally, debt consolidation services in Tallahassee prefer a minimum of $10,000 in unsecured debt. Secured debt is ineligible for debt settlement.
Secured vs. unsecured debt
| Secured debt | Unsecured debt |
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| Debt with an asset used as collateral that can be seized by the creditor for defaulting on the debt. This includes car loans and mortgages. | Debt with no asset securing the loan, such as credit card debt, medical debt and student loans. |
It typically takes between two to four years to finish the debt settlement process. While debt settlement may have an initial negative impact on your credit score, it’s generally a better option than bankruptcy. Unlike bankruptcy, debt settlement:
- Remains private and is not public record
- Typically has a reduced negative impact on your credit score
- Protects personal assets
Other debt relief options in Tallahassee
If your debt is lower than the minimum amount debt consolidation companies prefer, there are options you might consider. These include:
- Transferring your debt to a credit card with 0 percent interest on balance transfers
- Taking out a debt consolidation loan to pay off all current debts and reduce your number of payments
- Working with a debt counseling agency to create a financial plan to handle your debts
If you have a good relationship with your lender, it’s also possible you may be able to negotiate with them to lower your payments or settle your debt for a lump sum amount. This can be a time-consuming, complicated process, however, which is why most Tallahassee residents rely on a debt consolidation company’s expertise in the area.
Debt Consolidation Reviews
National Debt Relief |
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National Debt Relief helps clients handle debt by assisting with creditor management and settlement negotiation. The company is accredited by the Better Business Bureau with an A+ rating and charges no fees until it achieves results. Tallahassee residents appreciate the strong customer service and expert knowledge of Florida laws. |
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Freedom Debt Relief |
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Freedom Debt Relief offers free debt evaluation and a customized approach to quickly and cheaply resolve your debt struggles. The company has settled more than $9 billion in debt and offers flexible and low payment options. Tallahassee customers praise the company’s representatives for their compassion and eagerness to help. |
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CreditAssociates |
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CreditAssociates aims to help customers live debt-free lives within two to three years. After a free consultation, Tallahassee residents will be aided by an agent who negotiates on their behalf and helps erase or reduce their medical and credit card debt. Reviewers from Tallahassee like the quick response time from representatives. |
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Accredited Debt Relief |
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Accredited Debt Relief offers debt settlement services as well as other options for debt relief. The company offers free consultations with certified debt counselors to discuss your options and see if debt settlement is the right choice for you. Tallahassee customers recommend the company for the expert advice and guidance provided by its representatives. |
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Learn More (877) 566-8703 |
CountryWide Debt Relief |
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CountryWide Debt Relief has more than 30 years of experience and offers free consultations, fast approval and low monthly payments. The company provides debt settlement and debt consolidation services and accepts clients with bad credit. Tallahassee residents enjoy CountryWide Debt Relief’s employees for their expert insight and professionalism. |
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Learn More (877) 944-9077 |
Pacific Debt Relief |
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Pacific Debt Inc. was founded in 2002 has settled more than $200 million in debt by offering services such as debt settlement and credit counseling. The company helps Tallahassee residents fully understand their debt situation while providing top-notch customer service. Local reviewers appreciate how the company treated them with respect during the process. |
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Learn More (619) 492-9990 |
Debt Rx |
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If your credit card debt exceeds $7,500, this debt settlement company can help. Debt Rx is small enough to offer individual solutions for debt relief. If you’re behind on bills, Debt Rx can help keep creditors away as mentioned in customer reviews who spoke highly of their effective service. |
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Learn More (844) 984-0780 |