When it comes to managing overwhelming debt, many people turn to debt settlement companies for relief. One of the most talked-about names in the industry is National Debt Relief. But how effective is their service? In this “Review of National Debt Relief”, we dive into what the company offers, share user experiences, and help you decide if it’s worth your time and money.
What is National Debt Relief?
National Debt Relief is one of the leading debt settlement companies in the U.S., helping individuals negotiate and reduce their unsecured debts. Since its establishment in 2009, it claims to have assisted over 600,000 clients in achieving financial freedom. The company specializes in settling various types of unsecured debt, including:
- Credit card debt
- Personal loans
- Medical bills
- Private student loans
- Collections and repossessions
How Does It Work?
- Free Consultation: It all starts with a free consultation where a specialist evaluates your financial situation and debt.
- Custom Plan: If eligible, you will be presented with a tailored debt settlement plan.
- Payment to Escrow Account: Instead of paying creditors, you deposit funds into an FDIC-insured escrow account.
- Negotiation: Once enough funds are accrued, National Debt Relief negotiates with creditors on your behalf to reduce the total debt.
- Settlement and Payment: After a settlement is reached and approved by you, payments are made from the escrow account.
The entire process typically takes 24-48 months, depending on your debt and the agreement terms.
Pros and Cons of National Debt Relief
Pros:
- Significant Savings: Many clients report substantial reductions in their debt, often around 25% after fees.
- No Upfront Fees: Payment is only required after a debt is successfully settled.
- Accredited and Reputable: National Debt Relief holds an A+ rating with the Better Business Bureau and is accredited by the American Fair Credit Council.
Cons:
- Impact on Credit Score: Stopping payments to creditors can negatively affect your credit score.
- Potential for Lawsuits: Creditors may still pursue legal action during the negotiation process.
- Tax Implications: Forgiven debt may be considered taxable income.
Review of National Debt Relief – Real User Experiences

Positive Review of National Debt Relief:
Many clients praise National Debt Relief for its efficiency and savings. One user shared, “I used their help to settle $12K debt and saved $4K. It took 14 months, but I only paid $8K in the end.” Another satisfied customer noted, “With careful budgeting and their plan, I paid off $25K in three years.”
Negative Review of National Debt Relief :
Not all feedback is positive. Some users have expressed dissatisfaction with the results and process. “Stay away from debt settlement programs. You’re better off doing a debt management plan (DMP) with a nonprofit,” warned one user. Another mentioned, “I’m nervous about lawsuits. My credit already tanked after enrolling.”
Mixed Feelings:
Some users had mixed experiences. One said, “They consolidated my credit cards into a 39-month plan for $480/month, which seemed better than the snowball method. Still, I’m exploring other options.”
Is National Debt Relief Right for You?
Choosing a debt settlement company is a personal decision based on your financial circumstances. If you’re struggling with significant unsecured debt and looking for a structured way to reduce it, National Debt Relief could be a viable option. However, it’s crucial to weigh the potential drawbacks, such as the impact on your credit score and the risk of legal action.
FAQs about National Debt Relief
1. How much does National Debt Relief cost?
The fees range from 15-25% of the total debt enrolled. These fees are only charged after a successful settlement.
2. Will using National Debt Relief hurt my credit score?
Yes, your credit score may decline initially because you stop making payments to creditors. However, many clients find the trade-off worthwhile for the eventual debt reduction.
3. Can all types of debt be settled?
No, only unsecured debts like credit cards and personal loans. Secured debts like mortgages and car loans are not eligible.
4. How long does the debt settlement process take?
It typically takes 24-48 months, depending on the amount of debt and the terms negotiated.
5. Is National Debt Relief available in all states?
The service is available in 46 states and Washington D.C., but not in Connecticut, Oregon, Vermont, or West Virginia due to state regulations.
Conclusion
In this Review of National Debt Relief, we explored the services offered, shared real user experiences, and discussed the pros and cons. While it can be a valuable resource for those struggling with debt, it’s essential to consider all factors and explore alternatives. Whether you choose to proceed with National Debt Relief or look into other options, informed decisions are the key to financial health.