Top 3 Debt Consolidation Companies Available To Residents Of Illinois Announced by BestDebtConsolidationLoans.org

Best Debt Consolidation Loans helps Illinois residents by reviewing and ranking the top 3 debt consolidation companies in the state.

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bestdebtconsolidationloans.org reviews the top debt consolidation loan programs online

Best Debt Consolidation Loans

There are honest debt consolidation loan companies available to help Illinois residents.

Chicago, IL (PRWEB) May 09, 2014

Trying to get out from under a huge load of debt can be an almost impossible task. Many residents of Illinois have even been forced to file for bankruptcy in order to become debt free. However, there is a better option available. It is called debt consolidation. And fortunately for Illinois residents the company behind the site BestDebtConsolidationLoans.org reviewed the debt consolidation loan companies in the state and found that there are, in fact, companies that are honest and ethical and can help people become debt free without the stigma of a bankruptcy in their credit reports.

It is clear that some residents of Illinois are struggling with debt as the state has an average credit card debt per borrower of $5166. This is nearly $300 higher than the US average credit card debt per borrower of $4879. In addition, Illinois’ unemployment rate as of last November was 8.7% ranking it fourth worst in the nation exceeded only by Michigan, Nevada and Rhode Island.

Despite the fact that the state has a median household income of $51,738 many residents are being pushed into debt. This is due to the state’s high unemployment rate, along with rising fuel, gas and home prices, plus the fact that many Illini are thought to practice poor financial management.

Given all this, it‘s fortunate that BestDebtConsolidationLoans.org found that there are honest debt consolidation loan companies available to help Illinois residents. In analyzing these companies, BestDebtConsolidationLoans.org used six yardsticks. They were consumer satisfaction, debt solution options, fees, financial standing, business ethics and customer service. Based on these criteria, it found the top three debt consolidation loan companies to be National Debt Relief, CuraDebt and American Debt Enders. And of these three, it ranked National Debt Relief as the best choice for debt consolidation.

BestDebtConsolidationLoans.org reviewers liked the fact that National Debt Relief operates in a very ethical manner. As an example of this, the company has a free cancellation policy. This allows its clients to cancel at any time without the fear of being charged shocking fees. National Debt Relief specializes in working with people who owe more than $7500 and provides custom-tailored solutions fitted to their individual needs. The company charges no upfront fees and, in fact, charges nothing until it has settled its clients' debts satisfactorily and provided them with payment plans that they have approved. BestDebtConsolidationLoans.org analysts also found that of the National Debt Relief clients they surveyed, the overwhelming majority were "very satisfied" with the services they had received from the company. National Debt Relief's charges are reasonable and in line with those of other debt consolidation loan companies. It's counselors have excellent working relationships with lenders enabling them to negotiate debt settlements that save their clients thousands of dollars and usually have them debt free in 24 to 48 months.

BestDebtConsolidationLoans.org ranked CuraDebt as the second best debt consolidation loan company available to residents of Illinois. This company specializes in working with people who owe more than $10,000 and especially when it’s credit card debt. CuraDebt, too, has good relationships with the credit card companies and understands how to work with them. In addition, the company is fairly unique in that it offers its customers a free, no-obligation initial consultation. The company's debt consolidation programs are flexible and can include student loan debts, defaulted loans and tax debts as well as credit card debts.

The third best debt consolidation loan company according to BestDebtConsolidationLoans.org is American Debt Enders. It works with people who owe $5000 or more in debt. The company's staff is said to be both compassionate and honest. The counselors at American Debt Enders are trained to help its clients with all types of debt problems. In fact, according to the company, it can even help its clients improve their credit scores.

Residents of Illinois that would like to learn more about these three debt consolidation companies should go to http://www.bestcreditconsolidationloans.org.