Awards Top Spots to Three Debt Consolidation Companies in New Mexico

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The top three debt consolidation companies for New Mexico residents shared by Best Debt Consolidation Loans. reviews the top debt consolidation loan programs online

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nearly 50,000 New Mexicans that are still unemployed

New Mexico’s state slogan might be Land Of Enchantment but there's one thing about the state that isn’t very enchanting and that’s its median household income of $43,028. This puts it much lower than the U.S. median household income of $51,017. In addition, New Mexico’s average credit card debt is $6820 per borrower. This ranks it nearly $1300 higher than the US average credit card debt of $5235 per borrower.

New Mexico's unemployment rate is currently 6.4%. Given the state’s total workforce of 773,860 this translates into nearly 50,000 New Mexicans that are still unemployed some four years after the official end of the Great Recession. When you add to this state's average credit card debt of $6820 along with the general state of the economy and the ever-increasing costs of such necessities as food, fuel and housing, it becomes abundantly clear as to why many New Mexicans are having a tough time paying their bills.

The company recently surveyed online debt relief providers with the goal of determining which ones were honest and could be trusted to deliver affordable debt relief loan programs. A spokesman for pointed out that there are many debt relief scam operations on the Internet and that it's important for New Mexicans that are struggling with debt to know which ones can be trusted.

In evaluating the online debt consolidation loan companies, looked at six factors – debt solution alternatives, customer service, fees, customer satisfaction, financial standing and business ethics. However, it put the most emphasis on three of these – debt solution alternatives, fees and business ethics.

The spokesperson for said, “We felt that these three are the most critical. New Mexicans interested in debt relief need to know which companies offer a variety of solutions and not just a one-size-fits-all program. They also need to know how they will be charged and how trustworthy the company is that they will be doing business with."

Given these factors awarded the top three spots in online debt relief companies to National Debt Relief, CuraDebt and American Debt Enders.

The people at who reviewed the debt consolidation loan companies felt that National Debt Relief was the best option. This was due to the fact that its customers are almost always "very satisfied" with the services they received from National Debt Relief, plus the fact that the company provides its customers with plans custom tailored to their needs. National Debt Relief specializes in helping individuals and companies who owe more than $7500. It has successfully maintained an A rating with the Better Business Bureau – due mostly to the fact that it treats its customers so fairly. For example, it charges them nothing until they have approved their payment plans and it offers a very liberal cancellation policy. For another thing, all the funds that customers send to National Debt Relief are put in FDIC-insured trust accounts that only their customers can manage. This means that no customer's money can be spent until they have approved and consented to it.

CuraDebt was ranked second in online debt consolidation loan companies by It concentrates on helping people who have more than $10,000 in credit card debts and is almost always able to deliver on the promises it makes to its customers because of its strong working relationships with the credit card companies. In addition to being able to help its customers with credit card debt reduction, CuraDebt is also able to help with flexible programs designed for student loan debts, tax debts, medical debts and defaulted loans.

Ranked third best by is American Debt Enders. This company has built in just seven years a reputation for being able to provide debt relief to customers who have more than $5000 in debts. Its debt counselors can handle all types of debt problems in addition to credit card debts and are said to be both compassionate and responsive. For that matter, American Debt Enders says that it is even often able to help improve the credit scores of their customers.

Residents of New Mexico who are struggling with debt and would like to know more about the debt consolidation loan companies should go to

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Jimmy Saver
Best Debt Consolidation Loans
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