Nashville, TN (PRWEB) July 03, 2014
Tennessee continues to struggle with unemployment, as its rate as of late last year was 7.1%. What this translates into is that there are approximately 188,000 Tennesseans unemployed even though the Great Recession officially ended nearly five years ago. Unemployment in Memphis is even worse at 10.9% and Knoxville's unemployment rate is 8.2%.
To make matters even worse, Tennessee’s median household income is just $42,995 making it the 48th worst in the nation. And its residents have credit card debt averaging $4669 per borrower and an average credit score of just 679.
These facts, plus the ever-increasing costs of life's basic necessities, have caused many Tennesseans to get into trouble with debt.
The company BestDebtConsolidationLoans.org recently undertook an analysis of the debt consolidation loan companies available online that could be of help to those Tennesseans that are struggling with debt. In making this evaluation, it looked at six criteria – debt solution options, business ethics, fees, consumer satisfaction, customer service and financial standing. Given these criteria, BestDebtConsolidationLoans.org found that the three best online debt relief companies are National Debt Relief, CuraDebt and American Debt Enders.
"We felt it was important," said a spokesperson for BestDebtConsolidationLoans.org, “to identify companies that are ethical and trustworthy and that could help Tennesseans become debt free. We understand that dealing with big debt is a big problem and requires serious help. Fortunately, we found that there is such help available."
BestDebtConsolidationLoans.org also learned that of the three best online debt relief companies, the best of the best was National Debt Relief due principally to its business ethics, customer service and customer satisfaction.
In terms of business ethics, National Debt Relief treats its customers honestly and fairly. Unlike many other online debt relief companies it charges no upfront fees and, in fact, charges its customers nothing until they approve their payment plans. National Debt Relief basically offers a 100% guarantee in that if a customer becomes dissatisfied with the company for any reasons he or she can cancel out of their program without being charged any fees or penalties. The funds that its customers send to National Debt Relief are deposited in FDIC-insured trust accounts that only their customers can manage. This assures their customers that their money cannot be spent for any reason until they authorize it.
BestDebtConsolidationLoans.org also felt it was important that National Debt Relief has an A rating with the Better Business Bureau. The company specializes in helping individuals and families who owe more than $7500 by providing them with solutions custom designed to fit their needs. National Debt Relief also ranks highly in customer satisfaction in that almost all of its first-time customers report that they were "very satisfied" with the services they received. National Debt Relief has helped more than 100,000 families and individuals become debt free. In addition, the site BestConsumerReviews.com awarded it the top ranking for debt relief companies.
Ranked second best for debt consolidation loans is CuraDebt. This company works mostly with customers who owe more than $10,000 in debts. It's been in business since 1996 providing its customers with credit negotiations, debt settlement and financial advice. CuraDebt has close working relationships with the credit card companies and as a result is almost always able to help its customers achieve credit card debt reduction. In addition, it offers programs designed to help with tax debts, medical debts, student loan debts and defaulted loans – as well as credit card debts.
The company ranked third best for Tennesseans looking for debt relief is American Debt Enders. Some of the services it offers include debt settlement and debt consolidation. American Debt Enders has been in business for only about seven years. However, during this time it has built a reputation for being able to help its customers with almost any kind of debt problem. It specializes in helping individuals and families who owe more than $5000. Its debt counselors are said to be knowledgeable and responsive and can help with almost any kind of debt problem up to and including credit repair. For that matter, American Debt Enders has reported that its debt counselors often can even help its customers improve their credit scores.
Tennesseans that are struggling with debt and would like to know more about debt consolidation loan programs and debt relief should go to the site http://www.BestDebtConsolidationLoans.org for more information about these three companies.