Detroit, MI (PRWEB) May 26, 2014
The company BestDebtConsolidationLoans.org recently surveyed the online debt relief companies available to Michiganders. Its goal was to identify those companies that could be trusted to help residents of the state obtain honest debt relief.
In doing this survey, BestDebtConsolidationLoans.org learned that unfortunately, there are companies online offering debt consolidation loan services that are deceptive and that cannot be trusted to deliver the services that they promise. On the other hand, BestDebtConsolidationLoans.org is pleased to announce that it did find companies that are honest and ethical.
The survey done by BestDebtConsolidationLoans.org used five criteria in judging debt consolidation loan companies. They were its customer service, fees, customer satisfaction, debt solution alternatives, financial standing and business ethics. Based on these factors, it found that the three top online debt consolidation loan providers are National Debt Relief, American Debt Enders and CuraDebt.
It is clear that many Michiganders are having a tough time with their debts. One reason for this is undoubtedly the state's unemployment rate of 8.8%. Michigan's workforce numbers 3,918,120. Given its current unemployment rate, this means that there are at least 344,000 Michiganders unemployed and looking for work. In addition to this, the state’s residents have an average credit card debt of $4,558 and a median household income of $50,015 vs. the nation’s median household income of $51,017. To make matters even worse, the costs of housing, fuel and food continue to rise, which puts even more pressure on people struggling with debt. On a brighter note, Michigan residents have an average credit score of 708, which is higher than the national average FICO score of 689. And 77.2% of Michigan's residences own their homes, which is another positive sign.
The analysts at BestDebtConsolidationLoans.org who surveyed the online debt consolidation loan providers rated National Debt Relief the top company. This was due to a number of elements, including the fact that the company operates very ethically and has continually maintained an A rating with the Better Business Bureau. National Debt Relief was given high marks as its customers are almost always "very satisfied" with the services they had. Plus, the company charges its customers nothing at all until it has satisfactorily settled their debts and provided them with payment plans, which they approved. National Debt Relief specializes in working with individuals and families who owe more than $7500. It provides each of his customers with credit consolidation programs tailored to their specific needs. The company charges no upfront fees and is usually able to help its customers become debt free in 24 to 48 months.
When told of his company's top ranking National Debt Relief spokesperson, Paul Ritz, said, “We work hard to settle our customers' debts and to help them become debt free. It's gratifying to see our efforts recognized by an authority such as BestDebtConsolidationLoans.org.”
The debt consolidation loan provider ranked second in BestDebtConsolidationLoans.org’s survey was CuraDebt. It works mostly with customers who have more than $10,000 in credit card debts and is almost always able to deliver satisfactory debt settlements due to its strong working relationships with the credit card companies. CuraDebt offers its customers flexible programs that can help with student loans, defaulted loans and tax debts as well as credit card debts.
Ranked third by BestDebtConsolidationLoans.org is American Debt Enders. While this company has been in business only since 2007 it has already created a reputation for helping families and individuals that have more than $5000 in debts. Its debt counselors are able to handle virtually any type of credit problem. In fact the company says that its counselors are even often able to help their customers improve their credit scores.
Michigan residents that would like to know more about these three credit consolidation loan companies should go to http://www.BestDebtConsolidationLoans.org.