Brooklyn, NY (PRWEB) February 22, 2010
National Debt Relief Group, a credit card debt settlement and relief company, continues to surpass consumer expectations. National Debt Relief Group announces its best month to date results yet; settling $1,600,000 of unsecured credit card debt for a mere $528,000 resulting in a total savings of over $1,072,000 for its customers.
Credit Card Settlement and Debt Relief Companies have been around for years, although, they have just recently gained momentum and national awareness following the mortgage and financial crisis in the United States. Now more than ever, the American people need help relieving the financial and emotional stress associated with overwhelming unsecured credit card debt that they are unable to pay. The quickest and most effective way to pay off debt is through a debt relief solution. Nevertheless, only a reputable company will succeed in facilitating first-rate debt relief solutions on behalf of a consumer.
When consumers are searching for a suitable debt settlement company, it is important that they find a company that is both legitimate and reputable in the debt settlement industry. This is essential because there are many debt relief companies that are not reputable which, in turn, result in giving a bad name for the debt settlement industry as a legitimate way for people to get out of debt and change their lives.
National Debt Relief Group is one of the country’s largest and most reputable debt settlement companies. They are highly rated by the BBB (Better Business Bureau) and by the TASC (The Association of Settlement Companies). In addition, they are also established members of the USOBA (United States Organization for Bankruptcy Alternatives) and the IAPDA (International Association of Professional Debt Arbitrators).
National Debt Relief Group provides consumers with debt settlement, also known as debt negotiation or debt arbitration. A debt settlement solution enables the company to open up negotiations with the creditors on behalf of their customers, the debtor, to pay back a reduced percentage of the total outstanding debt. For the most part, creditors will accept a reduced lump sum payment to resolve a debt that is lingering and overdue. “National Debt Relief Group provides an invaluable service to customers who are overwhelmed with credit card debt, have more debt than they can afford to pay off, have a low or steadily declining credit score or simply want to avoid filing for bankruptcy,” said National Debt Relief Group Chairman Tom Leydiker.
The time needed to produce a settlement depends on a number of factors, and debt settlement programs assume an effort that will continue for many months. These factors usually include financial hardship, the age and balance of the accounts, the funds available to pay for a settlement, and the willingness of individual creditors to enter into debt settlement negotiations.
National Debt Relief Group provides consumers with a debt settlement solution that allows them to pay as much as they can afford on their debts, as well as enabling creditors to receive payment on outstanding debts, rather than nothing if the consumer files for bankruptcy. In fact, most large credit card companies that refused to settle in the past are now offering very attractive settlements in order to reduce losses.
For help deciding which debt relief option is most suitable for you please visit the National Debt Relief Group website at http://www.NationalRelief.com or call (888) 703-4948 now for more information on how to get out of credit card debt, unsecured personal loans, medical bills, and collection accounts.