National Debt Relief Review

A key part of building wealth is minimizing your debt burden, but that may not be possible given the sudden and frequently changing nature of today’s markets and life in general. In that case, it is often beneficial to try to save money when paying off your debts by negotiating with your creditors. Debt settlement companies do just that, and National Debt Relief is one of the top players in that business. Our article, like many other National Debt Relief reviews, is aimed at professionals looking to retire by 37, giving you a full detailed account of this firm. This National Debt Relief review will look into the pros and the cons of choosing this company for your debt consolidation needs.

What Is National Debt Relief?

Let’s begin this National Debt Relief review by taking a quick look at the company itself. Established in 2009, it has grown to become one of the top firms in the debt settlement business. It is particularly liked for its excellent customer service and lower fees compared to competitors.

Company Overview

  • Savings off your debt: 30 percent after fees
  • Minimum debt required: $7,500
  • Average debt: $20,000
  • Service Fees: between 15 and 25 percent of enrolled debt, no monthly account or consultation fees
  • Timeframe: 24 to 48 months
  • Cancellation fees: None
  • Types of debts accepted: personal loans, credit cards, medical bills, lines of credit, business debts, repossessions and collections, some student loans. Usually, secured debts are not accepted.

How It Works

Debt settlement companies work by directly negotiating with your creditors on your behalf to get them to settle for only a portion of the original debt that you owed them. In order to qualify, you need to have at least $7,500 in unsecured debts, such as credit cards, medical bills, or some kinds of private student loans, as well as a reason why you are unable to pay them. Those could be things like unemployment, illness, a sudden death in the family, and so on. Then you pay a monthly payment into an account set up by the firm.

The debt settlement company then uses the reasons you give them to negotiate with your creditors, offering them a smaller amount to settle the entire debt. Because many such debts are not repaid for years or even at all, creditors tend to settle, and the company pays them from the account where you’ve been making monthly payments. That is also where their fee comes out of as well.

You might also like: 10 Best Debt Settlement Companies in 2018

Debt Settlement Process

This service may not be for everyone, as it does come with a few downsides. Mainly, it is only possible to negotiate on unsecured debts, and each settlement comes with a hefty hit to your credit score. If you have a good credit score, debt consolidation may be a better option. Since secured debts are not covered, National Debt Relief can’t help you much if you owe a lot on your mortgage or car payment.

In addition to the actual debt settlement, it is important to point out in our National Debt Relief review that it also provides a number of other useful services as you work with them. They offer budget planning advice and several different repayment options and schedules.

They also provide legal advice, and will represent you in court should a legal issue arise between you and one of your creditors. Most of these tools are available free of charge if you are enrolled in their debt relief program, adding considerable value to their service beyond simply reducing your debts.

Benefits of Using National Debt Relief

Over the course of our National Debt Relief review, we’ve found several areas where it stands above its competitors.

  1. The pleasant employees and excellent customer service are regularly mentioned in online National Debt Relief reviews, which are generally positive.
  2. It is also one of the few debt relief services that does not charge additional monthly fees or account fees, simply charging a percentage of your total debt.
  3. It is also unique in that it can even negotiate some kinds of private student loan payments. Because the student loan market is heavily regulated, most companies won’t even consider negotiating with student loan servicers, but National Debt Relief can settle some kinds of student loan debt.
  4. In addition to those benefits, National Debt Relief also provides a free quote and a 100% money back guarantee. They can give you an estimate of how much you can save based on the kinds of debts you have, and will refund you for the money spent if you are not happy with how much they are saving you or the time that it is taking them to negotiate with your creditors.

What Are the Risks?

It would be a mistake to leave out the downsides and the potential risks out of our National Debt Relief review, so here they are:

  1. Like all debt settlement services, it requires that your debts are in arrears before it can begin negotiating with your creditors. There is no reason for a bank to negotiate your debts down if you continue paying them on time. That means that using a debt relief service comes with a significant hit to your credit score as all of those missed payments are added to your credit report.
  2. There are also a few risks that are specific to National Debt Relief. While it does charge lower fees than most of its competitors, it also tends to be a weaker negotiator. On average, the reductions in debt that it gets are lower than other companies in the business.
  3. If a reduction of around 30% in your debts is enough to put you on a solid financial footing, then National Debt Relief can be a good choice, but if you are looking for reductions of closer to 50%, then it may make more sense to pay the monthly fees of one of its competitors.
  4. The service is not available for residents of Connecticut, Georgia, Kansas, Maine, South Carolina, Oregon, Vermont, West Virginia, or New Hampshire, which can be a problem for some potential clients.


It is easy to understand how National Debt Relief can help you by looking over some sample debt math. Let’s assume that you are roughly $10,000 in debt. You sign up with National Debt Relief, and start making payments of $200 per month. They negotiate your debt down to $5,000, and add their fee of 15% of the original debt – $1,500.

Your total that you pay is then $6,500. You pay it over the next 34 months, saving $3,500 or approximately 35% off of your original debt. This is a simple example, as in most cases, you will be paying off and the debt settlement firm will be negotiating several different debts in parallel, but it is a good overview of how the process works.

Useful Information

Contact Information

You can contact National Debt Relief by phone, through their website, or using any of the other contact details below:

How to sign up

In this section of our National Debt Relief review, we will show you how to sign up for an account:

  • Go to
  • All the way to the bottom of the page, click on the red “Apply Now” button.
  • Select the amount of your debt and click “Continue.”
  • Enter your first name, last name, phone number, and email address.
  • Click on the red button marked “Click Here to See If You Qualify For Debt Relief.”

Bottom Line

Based on the information we’ve discovered during our National Debt Relief review, we can recommend it to our readers who have significant debts. While those with a good or excellent credit score may want to first look into debt consolidation instead, National Debt Relief provides a good way for many people in debt to significantly reduce the cost of paying them off. What has your experience with National Debt Relief been like? Tell us all about it!

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