Progress Debt Relief provides aid in the form of services to people who are struggling with debt. These services, like debt settlement, debt negotiation and debt consolidation, are available to help people reduce their debt and regain control of their finances.
For those who have a lot of debt without collateral, such as credit cards and medical bills, Progressive Debt Relief can be of great aid. Negotiations with lenders can result in settling the debt for much less than what is owed, allowing them to get out of debt faster and with less financial stress.
Progressive Debt Relief Overview
- $10,000 minimum debt. In order to be able to use Progressive Debt’s debt settlement services, a person must owe at least $10,000 in debt.
- Not AFCC or IAPDA-accredited. Progressive Debt Relief has no affiliation with the American Fair Credit Council (AFCC), the leading organization for the debt settlement sector. Moreover, the company does not allocate any of its resources to aiding its debt resolution experts to receive certification from the International Association of Professional Debt Arbitrators (IAPDA).
- Type of debt. Progressive Debt Relief can only settle any unpaid debts, such as credit card bills, personal loans, and payday loans.
- Not available in all states. Progressive is only available in Florida.
- Their debt settlement service is in-house. This debt settlement business does not depend on other organizations but instead employs its own personnel to manage debt settlement accounts.
What is Progressive Debt Relief?
Based in Winter Springs, FL, Progressive Debt Relief has been providing debt relief services to people across the United States for over a decade, since 2006. They are available in only 1 state.
Progressivedebtrelief.com provides debt settlement solutions, and customers can take advantage of them in person at their sole physical location in Winter Springs, FL 32708 USA, by phoning (877) 590-1847, or by email at [email protected].
How does Progressive Debt Relief work?
Progressive Debt Relief can give aid in tackling unsecured debt, such as credit card debt and personal loans. On the other hand, they do not offer assistance with car loans or secured debt.
You can start the debt settlement program by submitting an application for a free consultation, setting aside funds, and letting your creditors know about your financial hardships while aiming to negotiate a fair agreement. The ideal end result would be to establish a debt free life for yourself.
This service is not available everywhere, it is only available in the state of Florida. It does not involve taking control of your debts, making payments to lenders, or providing advice on tax, bankruptcy, bookkeeping, legal matters, or credit repair services.
It is essential to understand that not every debt can be settled and no one can promise their potential clients that all of their debt can be cleared. Be cautious of whoever insists that they can, as this could be an indication of dishonesty. Unfortunately, some lenders may not agree to start negotiations.
Progressive Debt Relief Pros and Cons
|No upfront fees||Minimum $10,000 debt|
|Free debt relief consultation||Debt specialists are not accredited by the IAPDA|
|Only available in Florida|
|Not an AFCC member|
How much are Progressive Debt Relief’s fees?
The percentage charged by Progressive Debt Relief for its services varies depending on the amount of debt being managed, ranging from 20-25%.
The expense of debt help can be quite different depending on the person, so it is advisable to contact Progressive to get an exact estimate.
BBB Rating and Reviews
Progress Debt Relief has garnered an “A+” rating from the Better Business Bureau, even though they have not been officially certified despite having seventeen years of experience in the industry.
Customers tend to rate Progressive Debt Relief highly, with an average of 4.2 stars out of 5. Nonetheless, it is worth mentioning that some people have not had positive experiences with the firm.
In the past three years, the Better Business Bureau has received a total of twelve complaints regarding Progressive, mainly concerning billing and debt collection issues.
Frequently Asked Questions
Does Progressive Debt Relief have a money-back guarantee?
Unlike some other debt relief providers who offer a refund if they are unsuccessful, Progressive Debt Relief does not offer a money-back guarantee. This is because laws forbid companies from charging fees before settling a debt, thus making the guarantee not very beneficial for customers.
What is the minimum debt to work with Progressive Debt Relief?
Customers who wish to utilize Progressive Debt Relief must have at least $10,000 in unpaid debt. If their debt is less than this amount, they may explore debt consolidation loans or credit counseling services as an alternative.
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Is Progressive Debt Relief an in-house service?
Progressive Debt Relief has an internal staff who manage the discussions and contracts for their clients.
Does Progressive Debt Relief have major industry accreditations?
The American Fair Credit Council (AFCC) and the Intl Association of Professional Debt Arbitrators (IAPDA) are the two main organizations that make up the primary representation of the debt relief services industry.
These debt settlement company has no connection with either of these organizations.
Final thoughts on Progressive Debt Relief
Since 2006, Progressive Debt Relief LLC has been a recognizable business with over 17 years of experience. Unfortunately, their debt settlement process is only offered in the state of Florida, making it unavailable to many.
Progressive has been providing services since 2006, but has not been accredited by the Better Business Bureau. Nevertheless, they have obtained an A+ rating from the Bureau, and their patrons have rated them 4.2/5 stars on average.