![]() ![]() While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. Second, we also include links to advertisers’ offers in some of our articles these “affiliate links” may generate income for our site when you click on them. ![]() This site does not include all companies or products available within the market. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. First, we provide paid placements to advertisers to present their offers. This compensation comes from two main sources. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective. This can temporarily tank your credit score, send some of your debts into collections and, in extreme cases, result in lawsuits.īut over time, if Accredited Debt Relief is successful in reducing the total amount of debt you owe, your credit score should tick back up as you pay off debts and make on-time payments. That’s because you’re typically advised to stop making payments on your enrolled debts while they’re being negotiated. It’s highly likely that your credit score will go down when you start using any debt relief company, including Accredited Debt Relief. Will Using Accredited Debt Relief Affect My Credit? If the company is unable to reduce a specific debt, it’ll remove it from your dedicated account and adjust your fees accordingly. The company deducts this fee from your dedicated account once you and your creditor(s) have agreed on a new resolution that’s less than what you owe and you’ve made at least one payment toward it. If the company charges a 15% fee, you could end up owing $3,000 (15% of $20,000). This fee ranges from of your total settled debt.įor instance, say you have $20,000 in enrolled debt and Accredited Debt Relief successfully settles one-quarter of it-meaning $5,000. What Fees Does Accredited Debt Relief Charge?Īccredited Debt Relief works on a “performance-based” structure, meaning you pay a fee only if the company successfully reduces your debt. Check its website for an updated list on which state residents can enroll. Note that Accredited Debt Relief services residents of 31 states and Washington, D.C. Once you complete your call, you can decide if you want to move forward based on your specialist’s recommendations. Wait for a debt relief specialist to contact you.Provide your name, phone number, email address and state of residency, then click to get your quote. ![]()
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