Washington, DC (PRWEB) July 15, 2014
Washington, DC might be the nation’s capital but it is also very close to being the capital of unemployment with a rate of 8.9%. This is not only high; it’s much higher than the national unemployment rate of 7.3%. Given the District’s total workforce of 369,500, its unemployment rate translates into approximately, 25,000 people currently out of work. And this is in a city where the US government typically hires hundreds of workers a month.
The average mortgage in Washington DC is about $298,000, compared to a national average of $170,000. However, the District's percentage of home ownership is just 42.4% or well below that of the United States as a whole.
BestDebtConsolidationloans.org recently undertook a study of the online debt relief providers available to help Washingtonians saddled with big debt. This study sought to determine which companies could be trusted to provide effective debt relief at an affordable cost. The unfortunate fact is that there are many online debt relief companies that are swindlers. They charge big upfront fees then don’t deliver the services they had promised. By the time the customers of these fraudulent companies realize what's happened, the scammers have closed up shop, only to open up again a few months later with a new name and website address.
The good news for Washingtonians struggling with debt is that there are debt consolidation loan companies that are trustworthy and that deliver on their promises. BestDebtConsolidationloans.org’s study identified the best three of these companies as National Debt Relief, CuraDebt and American Debt Enders. The company that it ranked as the best of these three was National Debt Relief.
In analyzing debt consolidation loan companies, BestDebtConsolidationloans.org used six criteria. They were business ethics, financial standing, customer satisfaction, debt solution alternatives, customer service and fees.
National Debt Relief was ranked best for debt consolidation loans due largely to its business ethics, debt solution alternatives and customer service. For example, BestDebtConsolidationloans.org found that National Debt Relief is very trustworthy in the way it treats its customers. Unlike many other debt consolidation loan companies, National Debt Relief charges no upfront fees. In fact, it's customers pay nothing until their debts have been settled satisfactorily and they have approved their payment plans.
National Debt Relief has an A rating with the Better Business Bureau (BBB). Not every company qualifies for membership in the BBB and of those that do many never earn an A rating.
BestDebtConsolidationloans.org also found that National Debt Relief offered programs tailored to the needs of their individual customers instead of a one-size-fits-all solution. The company specializes in working with customers that owe more than $7,500 and has helped in excess of 100,00 individuals and families become debt free. National Debt Relief was also ranked highly for customer service because most of its first-time customers reported that they were "very satisfied" with the services they received from the company. In addition, all the funds sent to the company by its customers are deposited into a Federal Deposit Insurance Corporation (FDIC) insured accounts, which they control. This means that none of their money can be spent for any reason without their consent.
CuraDebt was ranked second for debt consolidation loan programs by BestDebtConsolidationloans.org. This was due in great part to the fact that it's credit counselors can provide its customers with credit negotiation, debt settlement and financial advice. These counselors have excellent working relationships with the credit card companies, which enables them to help virtually all of their customers achieve credit card debt reduction. In addition, they are trained to provide assistance with programs designed for medical debts, student loan debt consolidation, personal loans and tax debts.
BestDebtConsolidationloans.org ranked the company American Debt Enders as the third best option for Washingtonians troubled by debt. It's credit counselors are trained to help the company's clients with debt consolidation, student loan debt consolidation, debt settlement, free bankruptcy counseling and credit restoration. The company has said that its credit counselors can also often help their customers improve their credit scores.
Washingtonians that are struggling with debt and would like to know more about these three companies should go to the site http://www.BestDebtConsolidationloans.org