This unbiased review examines various aspects of Advantage Law’s services, including effectiveness, transparency, and customer satisfaction.
- BBB A+ Rating & Accredited
- $300 Million Debt Settled
- $8,000 Minimum Debt
- 25th best financial firm, USA (INC Magazine)
- Minimum Debt $7,500
- $ 3 Billion Plus Debt Resolved
A debt consolidation company like Advantage Law is likely to have come across you if you are struggling with debt and considering a debt consolidation company. This review will examine Advantage Law in more detail so that you can make an informed decision about it, even though the company claims to offer debt relief services.
Advantage Law engages in negotiations with creditors on behalf of their clients to reduce the debt they owe. Its primary goal is to help individuals regain financial stability. In addition, they ensure clients are informed about their options and rights through legal advice and guidance throughout the process.
With Advantage Law, consumers can negotiate with their lenders and creditors to settle outstanding debts. By negotiating a settlement deal with creditors, the company reduces the debt, lowers interest rates, and establishes a more manageable payment schedule for customers.
Advantage Law Services
Now, let’s talk about the services that Advantage Law offers. They claim to offer debt settlement services.
Our experience with Advantage Law has been that the company’s business model isn’t very transparent. It’s actually hard to understand what’s going on. If you’re interested in learning more, we suggest you read their FAQ page.
There is no connection between Advantage Law Group, Advantage Solicitors, or Advantage Legal, all of which have the name “Advantage Law.”. The three companies should not be confused with each other.
BBB Rating
It does not appear that Advantage Law is a member of the Better Business Bureau. However, Advantage Law Firm is listed on its website as a DBA (Doing Business As) of The Law Firm of Higbee & Associates.
There are over 31 complaints listed on Higbee & Associates’ BBB profile, with an average rating of 4.5 stars based on 8 customer reviews.
Debt Settlement
Debt settlement is a negotiation process where a debtor and a creditor agree on a reduced balance that, once paid, will be considered as full payment of the debt. This method is often used as an alternative to bankruptcy, which can have a more negative impact on the debtor’s credit score. Debt settlement can be beneficial for both parties; the debtor can get out of debt faster and potentially pay less than what they owed, while the creditor recovers as much as they can from the outstanding debt. However, it’s crucial to note that debt settlement can also have adverse effects, such as negative impacts on the debtor’s credit report, potential tax consequences, and the possibility of facing legal action from the creditor.
Conclusion
It is one of the most unique debt settlement companies we have ever reviewed. Their website appears to lack transparency and be misleading, but they do seem to have some positive reviews. Their reviews do not appear to be fake or fabricated.
Prior to taking out a loan or using a debt relief service, there are some things to keep in mind. You need to compare rates from different lenders to make sure you are getting the best deal. In addition to reading customer reviews, you need to make sure you can afford a loan or debt relief before you apply.
We’d love to hear about your experience with Advantage Law.
