What is Debt Consolidation?

At Accredited Debt Relief we take an all-around approach to helping you with your current financial situation. This means we provide a personalized consultation with you in order to effectively educate you on all your options – including debt consolidation.

But what exactly is debt consolidation?

According to Investopedia, the definition of “debt consolidation” is: “The act of combining several loans or liabilities into one loan. Debt consolidation involves taking out a new loan to pay off a number of other debts. Most people who consolidate their debt usually do it to attain a lower interest rate, or the simplicity of a single loan.” Investopedia also explains that debt consolidation is very common in the case of extensive credit card debt as credit cards generally carry a higher interest rate than other bills and loans.

When you come to Accredited Debt Relief for debt relief options, we take a look at your finances and together, with you, decide what your best course of action is for eliminating your debt. The successful debt reduction program we have created does not involve you getting a loan (but you can always decide to obtain a consolidation loan to work alongside the Accredited debt negotiation program).

If we decide on debt consolidation, we will generally begin the negotiations with your creditors within one to two weeks of you signing up with our program. Depending on your debt amount and the amount of money you can afford to save every month it can take from 24-48 months to resolve your debt. With all of our programs there are no fees until you get results!

Put us to work for you today and take back control of your finances with one of our debt consolidation programs

Accredited Debt Relief is an official member of the American Fair Credit Council (find Accredited Debt Relief on AFCC). For more information about Accredited Debt Relief solutions or to schedule a free consultation, visit us on the Accredited Debt Relief Yellow Pages site, “like” Accredited Debt Relief on Facebook, or follow Accredited Debt Relief on Twitter.

Posted in Debt Consolidation
Ted has been very helpful and understanding whenever I call him. When I’m in a panic over something he always calms me down and reassures me. He did not make me feel embarrassed or shameful over my debt situation. He is truly a great person!
Hey Andrew! Thanks again for all of your help! All of you have been very helpful & professional. I can’t say enough about how pleased I have been with your services. Thanks again!! Israel
I initially contacted Brad at Accredited Debt Relief in regard to a financial hardship I sustained as a result of losing my home in the 2007 CA. Wildfires. I found Brad to be a knowledgeable and experienced credit consular that was able to assist me with my financial problems. He was able to adapt his schedule to my needs and gave me the feeling that he cared about my situation and would do anything in his power to help.
Barry S.
I wanted to take a moment to thank you for everything you have done for me. Over the past week I have had several opportunities to interact with you as we worked through what was for me a very difficult and stressful decision. It might sound simple, but in my experience it is exceptional: You, Andrew, focus on solving problems. You were able to quickly grasp the issue and proceeded to reach a resolution efficiently, while allowing me to maintain my dignity. I have found you to be professional, knowledgeable, upbeat, gracious, patient, and absolutely committed to achieving the desired result and satisfying me, the customer.
Elizabeth C.
I am really glad that I did make that call because if I hadn’t I would be worried so much about the bills and not being able to pay them, along with my health. You explained everything to me and after I talked things over with my husband I realized that this was my best option. I do appreciate your kindness and professionalism. You didn’t make me feel ashamed of needing help, you talked and listened and that made quite an impression!
Every time I have called Tony if he didn’t pick up the phone immediately, he without fail returned all my calls promptly. I feel as if Tony and I have become friends and I couldn’t be any more pleased with the service he has provided me. If the rest of the service I receive from ADR is as helpful and professional as that provided by Tony then I am going to be one grateful and happy camper. I would like to thank everyone involved to this point with helping me through a tuff situation, especially Tony.