United Debt Settlement, a debt settlement firm with its headquarters in New York City, has been providing debt relief services to customers in 39 U.S. states and the District of Columbia since 2015. Their reliable staff and focus on customers have earned them a good name in the industry. They offer a broad selection of debt relief options that allow people to pay off their debts and gain control of their finances. With their dedication to customer satisfaction and knowledge, United Debt Settlement is a reliable companion for anyone dealing with debt.
United Debt Settlement Overview
- This business provides debt assistance services independently, as opposed to other companies that act as middlemen for bigger firms. They handle debt settlement accounts with their own employees.
- Can be found in 39 states across America.
- United Debt Settlement can work out and take care of a broad selection of liabilities, like private and government-issued student loans, business debt relief, commercial obligations, and unsecured credit card debt and personal loans.
- United Debt has been operating for eight years and is firmly established.
How does United Debt Settlement Work?
United Debt Settlement is an option for debt relief, but clients need to have at least $10,000 in debt for their services to be worthwhile. This may seem like a lot of debt, but debt settlement can be beneficial for those who need help managing their financial obligations and want to become debt free.
United Debt Settlement puts a lot of effort into educating and certifying its debt resolution experts, and in order to do so, it invests in their training through the International Association of Professional Debt Arbitrators. The IAPDA is a highly regarded organization that offers an array of training and certification programs for those in the debt resolution field. Even though United Settlement is not a member of the American Fair Credit Council, the main trade association in the debt settlement sector, its IAPDA certification shows its commitment to providing excellent debt resolution services to clients.
Benefits & Drawbacks
- Fees below the industry average.
- No monthly fees.
- The debt specialists are accredited by the IAPDA.
- Not accredited by the American Fair Credit Council (AFCC).
- Minimum debt of $10,000.
United Debt Settlement FAQ
What services does United Debt Settlement offer?
United Debt Settlement provides debt management plans that can assist individuals in lowering their debt levels in specific areas:
- Medical debt.
- Business debt.
- Federal and Private Student loans.
- Secured debt, meaning that is not backed by collateral, such as credit card debt or personal loans.
How much does United Debt Settlement charge?
United Debt Settlement levies fees which are calculated as a proportion of the debt registered and can range from 15% to 24%. These fees must be paid in a monthly payment over a set period of time.
People looking for a debt consolidation program should get in touch with United Settlement to determine the exact price, as the fees for this type of debt relief program can vary.
Do they provide a money-back guarantee?
United Debt Settlement does not provide a money-back guarantee. Other businesses that offer debt negotiation services may falsely promise no payment until the debt is settled, but this is illegal. Thus, these guarantees are not advantageous for customers.
What is the minimum debt to qualify?
To qualify for United Debt Settlement, individuals must have a minimum of $10,000 in unsecured debt. If their unsecured debt is lower than that amount, they may be able to benefit from debt consolidation loan or credit counseling services.
Is United Debt Settlement accredited?
The American Fair Credit Council and International Association of Professional Debt Arbitrators are the two leading companies in the debt relief industry.
Is United Debt Settlement legit? Final thoughts
United Debt Settlement LLC provides debt reduction services through communication with creditors. They have a positive track record with individualized customer service from experienced negotiators, and many customers have reported successful outcomes and financial relief after working with them. It is advisable to thoroughly investigate United Settlement and compare their services to other debt settlement companies before making a decision.