Louisville, KY (PRWEB) May 16, 2014
Kentuckians are clearly having a problem with debt as evidenced by the state’s average credit card debt of $6,221, which is about $1,000 higher than the national average of $5235 per borrower. In addition, Kentucky’s median household income is just $40,072, which is substantially lower than that of the US as a whole with its median household income of $51,017. In addition, the state currently has an unemployment rate of 8%, ranking it the 44th worst in the US.
When you couple these statistics with the ever increasing costs of fuel, food and housing, it's apparent as to why debt has become an issue for so many Kentuckians.
In response to this growing problem, BestDebtConsolidationLoans.org recently completed a survey of the debt consolidation loan providers available to Kentuckians in order to determine which are the best and also to help Kentuckians keep from being scammed. It used the following factors in reviewing these companies: Consumer satisfaction, debt solution options, customer service, financial standing, fees and business ethics.
Based on these factors, BestDebtConsolidationLoans.org found that the top three debt consolidation loan companies are National Debt Relief, CuraDebt and American Debt Enders. And of these three, it ranked National Debt Relief as the best option for Kentuckians struggling with debt.
National Debt Relief spokesperson, Paul Ritz, responded to this news by saying, "We have seen that many Kentuckians are struggling with a combination of high unemployment and big debt and we are pleased that BestDebtConsolidationLoans.org found us to be the best option for these people. We provide custom solutions to all of our clients designed to help them become debt-free in anywhere from 24 to 48 months and are usually able to save them thousands of dollars.”
The analysts at BestDebtConsolidationLoans.org found National Debt Relief to be the top debt consolidation loan company available to Kentuckians for several reasons, not the least of which is the fact that the company has consistently maintained an A rating with the Better Business Bureau. It also gave the company high marks for operating in a very ethical manner. As an example of this, National Debt Relief charges no upfront fees. Also, the company has a very liberal cancellation program in that if at any time a client is unhappy with National Debt Relief services she or he can cancel out without paying any fees. National Debt Relief specializes in helping families and individuals who have more than $7500 in debts with programs designed specifically to fit their needs. Its customers are almost always "very satisfied" with the services they receive from the company. BestDebtConsolidationLoans.org also rated the company "best" because it charges its clients nothing until it has settled their debts to their satisfaction and provided them with approved payment plans. Finally, BestDebtConsolidationLoans.org gave National Debt Relief a high rating because the money its clients send to it is placed in a FDIC-insured trust accounts that only they can manage. This means nothing can be done with their money without their approval and consent.
CuraDebt was ranked second best in Kentucky debt consolidation loan services by BestDebtConsolidationLoans.org. It specializes in working with people who owe more than $10,000 on their credit cards and is almost always able to help them because of its strong working relationships with the credit card companies. BestDebtConsolidationLoans.org analysts were also impressed by the fact that CuraDebt can help clients that have defaulted loans, student loans and tax debts as well as credit card debts and that the company offers flexible debt consolidation programs.
BestDebtConsolidationLoans.org ranked American Debt Enders the third best option for Kentuckians. This company has an excellent reputation for helping consumers that have more than $5000 in debts. Its debt counselors are helpful, compassionate, and responsive and trained to handle all types of credit problems in addition to credit card debts. In fact, the company claims that it can even help its clients improve their credit scores.
Residents of Kentucky who would like to learn more about these three debt consolidation loan companies should go to http://www.bestcreditconsolidationloans.org.