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| Major Internet Investigative Research On the Personal & Business Debt Relief Industry, Reveals The Explosive 'Must Know' TRUTHS Before You Use a Debt Settlement or Consolidation Company For Your Debt Cures. |
FROM THE DESK OF DIRECTOR OF RESEARCH,
INVESTIGATIONS & REVIEW Section
Last revised May 15, 2009
INVESTIGATIONS & REVIEW Section
Last revised May 15, 2009
HonestDebtReliefReviews.Org's Offices
The Honest reviewer & watchdog for the Online Shopper
Brooklyn, N.Y. U.S.A.
The Honest reviewer & watchdog for the Online Shopper
Brooklyn, N.Y. U.S.A.
==================================
HonestDebtReliefReviews.Org's Welcome to You
Our WELCOME
Honest Debt Relief Reviewers.Org (HDRR, for short), is an online
watchdog and review organization dedicated to the independent,
objective, and HONEST review and evaluation of the quality of
various services and products on the Internet marketplace that
deal with the relief and cure of personal and business debt, as
well as their principal sellers and providers, to the end that the
unschooled online shopper shall be protected and not be
unduly exploited.
And my name is Benjamin Anosike, Ph.D., Director of
Research and senior researcher at HDRR. And in this capacity,
I would, first, simply like to extend a very warm welcome to you
and a sincere personal ‘thank you' for taking the time out of your
busy day (or night), to visit this website.
There are Online "Reviewers," and then there
are Online Reviewers!
First, let's get one FACT absolutely clear. If I may borrow a phrase, take it from me (this old pro!). In this
whole Internet affair, there are some parties (and truly not nearly enough of them, really!) operating in it
that say they are online reviewers, and even online experts, on certain topic areas, and who conduct
themselves in honorable ways that are in deed worthy and true to that name. And then, there are tons of
others - far more numerous of them in number for comfort - who claim, as well, to be Internet "reviewers"
or even "experts" of products or services, but who are NOT, unfortunately, worth even a dime, literally, and
only just rehash and regurgitate on their websites the same old garbage they steal from others on the web.
In short, there are actually TWO types of online reviewers - one FAKE and unreal, and the other
genuine and REAL.
The second type of REVIEWERS that's alluded to above (the FAKE type), are the type of REVIEWERS that
have, quite unfortunately, given online reviewers a somewhat bad name; these are the ones that merely
con and scam consumers and shoppers, as well as other legitimate business people and innocent online users, with things like
their clever, fancy Internet ads and graphics, for example, or with glib talk and outrageous claims about the purported great
qualities of some products or services or marketers, but without presenting any supporting credible evidence, and oh, who often
make many unsubstantiated claims of outrageous quickie income earning figures that lack even simple commonsense or
credibility!
And How exactly are you to tell these two apart?
Frankly, that's probably the HARDEST PART, isn't it?
POINT IS, THAT'S, EXACTLY, WHY WE'RE HERE, EXACTLY WHAT WE OFFER YOU. A truly independent, unbiased, objective
reviewer of the facts, who are armed with the right investigative tools and professionals who will actually dig out the real TRUTH
concerning a product or service on the Internet marketplace, or its sellers or promoters; who will actually conduct a fair, accurate
and HONEST investigation on the matter. And will give you a detailed report of those facts based purely on the EVIDENCE found
in the investigations and review. A watchdog that will really watch out on YOUR behalf for online fraud, scam and scammers
against you, and gives you its HONEST review and findings about it.
At HonestDebtReliefReviews.Org, we know fully well that with thousands of products and services available for online
purchase, no one individual could possibly have the knowledge necessary, or the time, to intelligently investigate and review
them all. Hence, most consumers can use, in deed, will need, the help. So, we aim at taking, to the limited extent practicable
for us, a share of the burden of analyzing and evaluating these products and services (or companies) for you. And, just
so it will be most practicable for you from shopping standpoint, we'll do the best we can, as well, to present our review
findings in a way that makes YOUR purchasing decision easier and more straightforward for YOU.
HonestDebtReliefReviews.Org's Welcome to You
Our WELCOME
Honest Debt Relief Reviewers.Org (HDRR, for short), is an online
watchdog and review organization dedicated to the independent,
objective, and HONEST review and evaluation of the quality of
various services and products on the Internet marketplace that
deal with the relief and cure of personal and business debt, as
well as their principal sellers and providers, to the end that the
unschooled online shopper shall be protected and not be
unduly exploited.
And my name is Benjamin Anosike, Ph.D., Director of
Research and senior researcher at HDRR. And in this capacity,
I would, first, simply like to extend a very warm welcome to you
and a sincere personal ‘thank you' for taking the time out of your
busy day (or night), to visit this website.
There are Online "Reviewers," and then there
are Online Reviewers!
First, let's get one FACT absolutely clear. If I may borrow a phrase, take it from me (this old pro!). In this
whole Internet affair, there are some parties (and truly not nearly enough of them, really!) operating in it
that say they are online reviewers, and even online experts, on certain topic areas, and who conduct
themselves in honorable ways that are in deed worthy and true to that name. And then, there are tons of
others - far more numerous of them in number for comfort - who claim, as well, to be Internet "reviewers"
or even "experts" of products or services, but who are NOT, unfortunately, worth even a dime, literally, and
only just rehash and regurgitate on their websites the same old garbage they steal from others on the web.
In short, there are actually TWO types of online reviewers - one FAKE and unreal, and the other
genuine and REAL.
The second type of REVIEWERS that's alluded to above (the FAKE type), are the type of REVIEWERS that
have, quite unfortunately, given online reviewers a somewhat bad name; these are the ones that merely
con and scam consumers and shoppers, as well as other legitimate business people and innocent online users, with things like
their clever, fancy Internet ads and graphics, for example, or with glib talk and outrageous claims about the purported great
qualities of some products or services or marketers, but without presenting any supporting credible evidence, and oh, who often
make many unsubstantiated claims of outrageous quickie income earning figures that lack even simple commonsense or
credibility!
And How exactly are you to tell these two apart?
Frankly, that's probably the HARDEST PART, isn't it?
POINT IS, THAT'S, EXACTLY, WHY WE'RE HERE, EXACTLY WHAT WE OFFER YOU. A truly independent, unbiased, objective
reviewer of the facts, who are armed with the right investigative tools and professionals who will actually dig out the real TRUTH
concerning a product or service on the Internet marketplace, or its sellers or promoters; who will actually conduct a fair, accurate
and HONEST investigation on the matter. And will give you a detailed report of those facts based purely on the EVIDENCE found
in the investigations and review. A watchdog that will really watch out on YOUR behalf for online fraud, scam and scammers
against you, and gives you its HONEST review and findings about it.
At HonestDebtReliefReviews.Org, we know fully well that with thousands of products and services available for online
purchase, no one individual could possibly have the knowledge necessary, or the time, to intelligently investigate and review
them all. Hence, most consumers can use, in deed, will need, the help. So, we aim at taking, to the limited extent practicable
for us, a share of the burden of analyzing and evaluating these products and services (or companies) for you. And, just
so it will be most practicable for you from shopping standpoint, we'll do the best we can, as well, to present our review
findings in a way that makes YOUR purchasing decision easier and more straightforward for YOU.
HONEST REVIEW YOU CAN TRUST, YOU CAN RELY ON....
Hence, here at the Honest Debt Relief Reviews, we are primarily dedicated and committed to being absolutely objective,
unbiased and honest reviewers and a fair watchdog of the use of debt settlement, debt consolidation, bankruptcy, and the
consumer credit counseling services, online, for getting out of personal or business debt, and the companies and individuals who
operate in them
The standing policy we follow is simple: Any conclusion we reach or recommendation we make regarding a product or service
or an item, must be based purely on verified and verifiable evidence and on documentation; the evidence must have been
gathered objectively, independently, and credibly, without any apparent (or actual) corruption or prejudice. In a word, UNLESS a
particular piece of recommendation for a given product or service we make in our research report or review, is substantially
substantiated by the facts, or is well verified or supported by research data and evidence arising out of that research, we do
NOT make such a recommendation. We do not endorse that product, or service, company, individual, or what ever. And such
evidence must, in any case, be fully documented and/or documentable in the review report, even to the point that anybody with
an interest, can readily verify it.
Our Mission & objective?
Hopefully, by the quality and results of our research work products - and the anticipated excellence and unfailing trust we hope
consumers will increasingly see in them - you would have been able to make informed and reliable decisions on the products
and services you purchase or patronize, save yourself some considerable stress, frustration and "information overload" by not
having to engage in undue Internet search, save yourself some good money in the process, and, even better still, make you to
avoid being a victim of Internet scams and scammers which abound plenty out there online today.
Cordially yours,
Benjamin Anosike, Ph.D.
Director of Research, Investigations & Review
HonestDebtReliefReviews.Org
===============================================================================
Why this Current Review COULD Be Most Helpful to You, and Why We Undertook It
There are, by our own studies, some 7 different options for debt relief out of which a debtor can pick to get out of debt.
This Study only focuses on the review of TWO of the most principal ones -- the Debt Settlement and Debt Consolidation options.
(The studies on the other specific categories will follow as soon as practicable).
There's one major reason above all why we have found it necessary and timely to make this present study right now.
Consumers seem more and more today to be turning to debt relief organizations for ways to pay off debts in response to the
current American economic recession and the heavy financial and debt challenges they face in it. By our study, there are an
estimated 4,000 debt settlement/consolidation companies in the United States today, with many competing to out do each other
in their claims -- in their constant advertisements on the Internet, radio and TV -- about the purported excellence and quality of
the services they provide customers. And they all say, of course, that they're great! Consequently, finding a truly good debt
settlement company by a consumer under such circumstances, is not at all an easy task. With so many companies out there,
they all soon start looking and sounding alike after a while, as are their TV, radio, and newspaper ads.
So, how the heck can the average person tell the good ones from the bad ones?
Yet, more ominously for the average consumer, our research at the HDRR research office, shows that when the option of debt
settlement has been exercised for debtors through the hands of an incompetent debt settlement or debt consolidation
company, or of inexperienced staff, consumers involved in those debts have often lost money, while some actually cause people
to deteriorate further down to a worse financial condition and greater hardship and force them to file bankruptcy, when, in fact,
their purpose for going for the debt settlement option, in the first place, had been to avoid filing for bankruptcy.
Here's the Critical Point Here for You....
Depending on your particular financial situation and the kind of debt solution you need, undertaking a Debt Settlement (or
Consolidation) arrangement may be a viable option for you which you may be able to use to significantly stabilize, or even totally
eliminate, your debt burden. However, the HDRR research investigations have confirmed one startling fact. That, in large
measure, it all depends. If, for example, you choose the wrong debt relief company to handle your debt relief plan and
action, you may, in stead, find yourself in worse shape than you were before, and never get out of debt.
Hence, it is critically important that you choose the right company. Like any other industry, there are good companies, and
there are bad companies.
In light of this, as the Research Director, I was authorized by the HDRR to commission what later turned out to be probably one
of the most thorough investigations on the Internet about an industry. Thus, I sent out our team of researchers to investigate
the objective facts and the real truth about the current online debt settlement and consolidation companies and the quality of
their services.
THE METHODOLOGY USED BY THE HDRR RESEARCH/REVIEW TEAM
Presenting themselves as ordinary consumers, and regular indebted citizens and business debtors, our team of highly trained
online market investigators actually enrolled themselves in programs of debt reduction and debt settlement and consolidation
run by major debt relief companies in the industry, and reviewed over 200 of the top, and most active companies and
organizations in the industry. They also studied relevant industry literature, documents and records on the companies and their
operations, interviewed other indebted consumers and business persons, as well as executives of companies and others.
OUR HDRR TEAM'S 9 KEY DEBT RELIEF EVALUATION CRITERIA (KDREC) FOR
RATING DEBT RELIEF COMPANIES
Following below are the principal criteria upon which the HDRR Research/Review Team
examined and rated the debt settlement or consolidation companies reviewed.
NOTE: For fuller details, and more specific nature and contents of each of these criteria, go to this page HERE.
1: A check to ascertain membership of, or accreditation by, one (or more) of the recognized accreditation institutions for the
debt relief industry.
The best debt settlement or consolidation companies are usually accredited with either one or the other of these:
a) The Association of [Debt] Settlement Companies (TASC); or
b) Association of Independent Consumer Credit Counseling Agencies (AICCCA); or
c) National Foundation for Credit Counseling (NFCC)
2. The Reputation of the company. Includes the Dependability Factor. How long has the company been in business? Is this a
company you can trust?
3. Variety of Solutions. Does the company only offer ONE debt relief solution? Or are they well-versed in a number of options?
Having a variety of choices means they can find the right debt relief program that fits your specific needs.
4. Cost. How does the debt relief company get paid? The best ones will earn their money from a percentage of what they save
you; that way, they only get paid if you save money.
5. Does the Company Readily Offer or Volunteer Some Information and Free Counseling
6. What Does a Background Check on the Company Reveal About Experience, Quality of Personnel, etc - on certain issues of
law, credit, policy, etc?
7. Are There Reviews from Respectable or Objective professionals, journals or Review Media or Organs on the Company's
Services
8. Does the Company Offer Lessons or Programs Tactics for Staying Out of Debt?
9. Provision for Fees & Payment Schedule Modification In Case of Emergency?
THE HDRR SCORING, RATING SYSTEM
The FIRST 9 Criteria
The HonestDebtReliefReviews.Org (HDRR) review team found approximately 4,000 debt relief websites that operate and
advertise on the Internet. First, we used the above-listed HDRR 9 Key Debt Relief Evaluation Criteria or KDREC to evaluate them
and rate them. Through a methodology we call the "process of informed reasonable elimination," the number was brought down
to the top 200, then further down to the top 20, and down to the top 12 or dozen. All the websites involved were graded and
rated on each of these KDREC, to narrow it down to this top 12. A value (a percentile value of from 0 -100) was assigned to
each of the 9 criteria and scored on each criteria for each site. Each site's scores were then added up on all 9 criteria to obtain
an official HDRR Key Evaluation Criteria value for each of the companies, with the top 12 being the ones showing the highest
scores.
The SECOND 9 Criteria
Finally, to determine the very top Number #1 company of all companies (the Number 1 ranked among our best 12), the team
further subjected these outstanding companies to rigorous evaluation based on these additional SECOND 9 criteria listed below:
THE RESULTS?
First, the Findings on the Debt Relief Scam Companies - Frightening!
First, before explaining the companies ranked as the top 12, and giving the name of the company that emerged as the Number
#1 company of them all, we'd want first to say a few words about our findings on the large number of scammy debt relief
companies that turned up in the study in the industry. It's actually nothing short of alarming! Some 82.5% of the website-based
debt relief operations we examined in our test sample (165 out of the 200), ranked in the HDRR Key Evaluation Criteria at levels
so poor and pathetic, that those website operations simply have no business at all on the Internet peddling any debt relief
solutions at all to consumers. These websites are clearly what you'd call debt relief SCAMS - that is, worthless, at best
bordering on fraud, with no value-added and absolutely the kind of sites that should be a complete no-no for any and all wise
consumers to shop in.
Some of the things which these scam companies have in common, for example, include the following (among others):
Pathetic findings, Certainly! But Our Reviewers Have Just Got to Call it Just Like it Is!
How Do You MAKE CERTAIN that You Avoid Being a debt relief Scam Victim?
Well, there's a SURE way. (CLUE: Get the very BEST one in the industry!) ...But just read on.....
What our reviewers find, is that because millions of people across the country are finding it more and more difficult to meet their
financial obligations, there is a big growth in debt relief scams.
You may, for example, be a consumer or small business owner in serious debt problem thinking about using a debt relief
company, such as debt settlement or debt consolidation company, to get out of debt, but are not quite sure, given the apparent
confusion involved in the whole debt solutions landscape today, how to find a company that is reputable or honest and
trustworthy? Or one that will save you money and won't rip you off? Or perhaps you have fallen victim already to the kind of
scams we've found.
That's the main reason we got into this review and investigation....
If so and you fall into any of the above categories, if it's any comfort to you, that's why as Director of Research, I acted under
the authorization I was given by the HonestDebtReliefReviews.Org and commissioned this complete investigation and review.
So, rest assured, you can have it all hanging out here - STRAIGHT! A review that WILL TELL YOU THE TRUTH - even if it is a bitter
truth.
More, a little later, about our findings on this. But first.......
Here's the Good News!
The good news is, thank goodness, there are other options, good legitimate ones, available which we found. It's NOT all debt
relief scams at all, thank God!
THE TOP DOZEN ONLINE DEBT RELIEF COMPANIES
IN DEBT SETTLEMENT & CONSOLIDATION FIELD
Using the rigorous HonestDebtReliefReviews.Org's evaluation and ranking system described earlier above, we determined that
just 17.50% of the 200 company websites we reviewed (35 of the 200)are legitimate debt relief operations that are fairly
responsible as regular businesses, although the detailed extent of the quality of their services was variable in degree from one
company to another. The top 12 companies in the industry using the same evaluation system, was then formulated. They are
the following (not in any particular order here):
The HonestDebtReliefReviews.Org TOP DOZEN ONLINE DEBT RELIEF COMPANIES
Common features of these TOP DOZEN companies
Each one of these top dozen companies is actually a great debt relief company in its own right, that has most of the industry
credentials and the qualities that the Number 1 pick (which, we should now reveal for the first time, happens to be the CuraDebt
company) has. Each belongs to one of the respectable industry accreditation authorities, each is a member of the BBB, has
pretty good service delivery record with debtors and consumers, etc. But EXCEPT for one fact, however: our review of the
facts based on use of the Second 9 Criteria factors (see above), which is designed for the evaluation to determine the Number 1
pick, found a couple of vital aspects in which the other companies in this group fall way short of the standard we found for the
CuraDebt company that emerged as the Number One picked company.
Some Examples.........
For example, Credit Answers (based in Plano, Texas), which made it into this top 12 companies, is a great debt relief company
that possesses most of the industry credentials and the qualities that CuraDebt, the Number 1 pick, has, including being a
member in good standing of the BBB, the TASC, etc. However, from our review of the facts, it shows the savings its negotiators
bring to consumers fall quite short of those of CuraDebt; that it saves you slightly less money, and also, that CuraDebt seems to
provide the debtor better customer service. www.honestdebtreliefreviews.org/redirect(3).html
Or, take the Credit Consultants (based in Lake Tahoe, Nevada), which also makes the HDRR top one dozen list, for another
example. This company deals primarily in debt consolidation (i.e., the kind of debt solution where you combine all of your debts
together and put them into one payment with potentially newer, lower interest rates, as compared, of course, to debt
settlement, where your debts, usually primarily unsecured types of debts, such as credit card and medical bill debts, are
negotiated with the creditors to pay them back less than the balance owed them). But here, just as well, the HDRR review found
that the Credit Consultants company is in about the same situation as the Credit Answers is relative to CuraDebt. Like its
counterpart, Credit Answers, the Credit Consultants company is a great company with great industry credentials, and so on,
alright. But, again, from our special review, its program is more expensive than DuraDebt's, and the savings it nets its customers
are fairly less than what CuraDebt provides its customers. Plus a few other differences.
THE BOTTOM LINE: In a word, it comes down to this: CuraDebt comes out on top as the overall Top Number #1 pick,
because CuraDebt's services, though reasonably comparable in many respects to the others in the top 12 category, is generally
superior in many vital aspects. Hence, dollar-for-dollar, the CuraDebt program is simply the program that will bring YOU the
best bang for the buck! (Wish to check out this CuraDebt Company yourself right now? Click HERE for personal debt, or
CLICK HERE for business/commercial debt).
Here's Even the Better News From Our Findings!
The following are some of the principal reasons and bases for which the HonestDebtReliefReviewer.Org's top-rated online
research and review team scored the San Diego California-based CuraDebt.com company as the Top Number #1 online debt
relief company in the entire United States today.
A Record of Excellence....! A Record Compiled by the Number #1 rated company.....
1. Highest BBB rating. This is probably the most important indication of "dependability." Out of all the companies reviewed
by our review team, CuraDebt (located in San Diego, California), had the best Bureau of Better Business (BBB) rating possible.
It has an A+ rating - the highest that the BBB grants any entity. The BBB is a widely respected, independent non-profit
organization that gives consumers an unbiased opinion on companies. In fact, many individuals choose a company just based
solely on its BBB rating. The BBB rating of A+ for CuraDebt virtually means that business-wise, it's been absolutely reliable and
trustworthy to its clients and customers.
2. Membership in & Support of Other Organizations of Honor. In addition, per the HDRR Reviewers' verification, CuraDebt
company is a member of the TASC (The Association of Debt Settlement Companies), a key national trade association of the
debt relief industry that has a well developed standardized "best practice standards" and required disclosures for the members'
customers. Furthermore, it also has been a member in excellent standing for over 5 years in the Chamber of Commerce (San
Diego, Ca. Greater area), and has been one of the most active business patrons and supporters of the SCORE, a Federal
government-sponsored nationwide organization that helps American entrepreneurs start, grow and sustain businesses.
3. Long-Standing Company, Not a Fly-By-Night. The team that founded the company that is CuraDebt.com today, began in
1996 by providing debt settlement services in its local area on behalf of individuals and small businesses. In 2000, the company
started providing debt relief services nationwide, online and offline.
4. Serve Large Pool of Debtors. CuraDebt services almost 99% of all creditors in the debt relief business, and not just a limited
few, and services especially the creditors that are known to be tougher on debtors, such as the Citibank. For example, here you
have a company like Hoffman Brinker which is a decent debt relief company just as highly rated as one of the top 5-12 or so best
debt relief providers, and which has nearly perfect score with the BBB, as well as other high rankings in other parameters. But
this company does NOT take debtors unless their debts are at least $25,000 or more. Not with DuraDebt, though. With
CuraDebt, you are taken, if you have a debt of only $10,000 or more.). And, also, for Hoffman Brinker, the rate of its fees for
doing the work is much higher for debtors.
5. Large amount of savings. A finding positively verified by the HDRR review team, is that using CuraDebt for your debt
settlement negotiations, does, in fact, save you a great deal of money. The reason behind this CuraDebt "magic"? Apparently
because, first, their negotiators are expert negotiators at complex financial matters and have built up contacts with creditors
over several decades from their long experience in the industry,. (See Company Profile). And thirdly, for the fact that they often
do what they call "in bulk " settlement of the debts, as against settling the debts just one account at a time. Thus, this way,
they can settle the overall accounts (the debts of their clients) at a higher percentage deal in favor their clients.
EXAMPLE: say, you have a debt settlement case with CuraDebt that's for $10,000. CuraDebt will not just go to your creditor
and settle your $10,000 debt alone with them. Rather, they would combine your debt with a couple of other debts owed by their
other clients and get the combined total amount to a higher figure of, say, $100,000 or $500,000 or more. Then, they will now
negotiate the settlement of the BIGGER COMBINED AMOUNT with the same creditor. This then gives the CuraDebt office a much
greater ability to negotiate, based on the greater power of "bulk" bargaining, the greatest level of savings for you. In addition,
CuraDebt is commission-based, which means that it is in their own very best interest to get you the greatest savings. (If they
get you only LESSER savings, then they only get the LESSER commission.)
6. Successful Reduction/Elimination of Debt. CuraDebt has a proven long history of having successfully reduced millions of
dollars of consumer and small business debts. Debtors who have had their debt problems settled for them with the credit card
creditors and others by CuraDebt negotiators, show actual savings that range from 50% to 89%. Numerous written letters of
settlement deals from various banks, credit card and other financial institutions on record inspected by our HDRR reviewers, as
well as numerous testimonials and interviews reviewed by them, amply document that fact. Since 1996 to the present, DuraDebt
has counseled over 10,000 individuals and families each year on their finances, and has settled over $100 million in consumer
and business debts.
7. Works with Your creditors To Negotiate a Deal for You, and Prevents Them from Calling You. CuraDebt has one of the
fastest debt payment completion times in the industry, as well as the Customer satisfaction response times. One of the
customers obviously elated about this arrangement that has the customers insulated from getting phone calls from their
creditors, wrote in a company literature reviewed by our reviewers, "One of [the] things I have found most convenient is they
handle all the phone calls to your creditors. Your creditors will no longer be able to contact you."
BUT THERE'S MORE......
Other pleasant findings on CuraDebt made and verified by the HDPP Review Team:
And there are still more and more (see Company Profile for some of those).......
Hence, here at the Honest Debt Relief Reviews, we are primarily dedicated and committed to being absolutely objective,
unbiased and honest reviewers and a fair watchdog of the use of debt settlement, debt consolidation, bankruptcy, and the
consumer credit counseling services, online, for getting out of personal or business debt, and the companies and individuals who
operate in them
The standing policy we follow is simple: Any conclusion we reach or recommendation we make regarding a product or service
or an item, must be based purely on verified and verifiable evidence and on documentation; the evidence must have been
gathered objectively, independently, and credibly, without any apparent (or actual) corruption or prejudice. In a word, UNLESS a
particular piece of recommendation for a given product or service we make in our research report or review, is substantially
substantiated by the facts, or is well verified or supported by research data and evidence arising out of that research, we do
NOT make such a recommendation. We do not endorse that product, or service, company, individual, or what ever. And such
evidence must, in any case, be fully documented and/or documentable in the review report, even to the point that anybody with
an interest, can readily verify it.
Our Mission & objective?
Hopefully, by the quality and results of our research work products - and the anticipated excellence and unfailing trust we hope
consumers will increasingly see in them - you would have been able to make informed and reliable decisions on the products
and services you purchase or patronize, save yourself some considerable stress, frustration and "information overload" by not
having to engage in undue Internet search, save yourself some good money in the process, and, even better still, make you to
avoid being a victim of Internet scams and scammers which abound plenty out there online today.
Cordially yours,
Benjamin Anosike, Ph.D.
Director of Research, Investigations & Review
HonestDebtReliefReviews.Org
===============================================================================
Why this Current Review COULD Be Most Helpful to You, and Why We Undertook It
There are, by our own studies, some 7 different options for debt relief out of which a debtor can pick to get out of debt.
This Study only focuses on the review of TWO of the most principal ones -- the Debt Settlement and Debt Consolidation options.
(The studies on the other specific categories will follow as soon as practicable).
There's one major reason above all why we have found it necessary and timely to make this present study right now.
Consumers seem more and more today to be turning to debt relief organizations for ways to pay off debts in response to the
current American economic recession and the heavy financial and debt challenges they face in it. By our study, there are an
estimated 4,000 debt settlement/consolidation companies in the United States today, with many competing to out do each other
in their claims -- in their constant advertisements on the Internet, radio and TV -- about the purported excellence and quality of
the services they provide customers. And they all say, of course, that they're great! Consequently, finding a truly good debt
settlement company by a consumer under such circumstances, is not at all an easy task. With so many companies out there,
they all soon start looking and sounding alike after a while, as are their TV, radio, and newspaper ads.
So, how the heck can the average person tell the good ones from the bad ones?
Yet, more ominously for the average consumer, our research at the HDRR research office, shows that when the option of debt
settlement has been exercised for debtors through the hands of an incompetent debt settlement or debt consolidation
company, or of inexperienced staff, consumers involved in those debts have often lost money, while some actually cause people
to deteriorate further down to a worse financial condition and greater hardship and force them to file bankruptcy, when, in fact,
their purpose for going for the debt settlement option, in the first place, had been to avoid filing for bankruptcy.
Here's the Critical Point Here for You....
Depending on your particular financial situation and the kind of debt solution you need, undertaking a Debt Settlement (or
Consolidation) arrangement may be a viable option for you which you may be able to use to significantly stabilize, or even totally
eliminate, your debt burden. However, the HDRR research investigations have confirmed one startling fact. That, in large
measure, it all depends. If, for example, you choose the wrong debt relief company to handle your debt relief plan and
action, you may, in stead, find yourself in worse shape than you were before, and never get out of debt.
Hence, it is critically important that you choose the right company. Like any other industry, there are good companies, and
there are bad companies.
In light of this, as the Research Director, I was authorized by the HDRR to commission what later turned out to be probably one
of the most thorough investigations on the Internet about an industry. Thus, I sent out our team of researchers to investigate
the objective facts and the real truth about the current online debt settlement and consolidation companies and the quality of
their services.
THE METHODOLOGY USED BY THE HDRR RESEARCH/REVIEW TEAM
Presenting themselves as ordinary consumers, and regular indebted citizens and business debtors, our team of highly trained
online market investigators actually enrolled themselves in programs of debt reduction and debt settlement and consolidation
run by major debt relief companies in the industry, and reviewed over 200 of the top, and most active companies and
organizations in the industry. They also studied relevant industry literature, documents and records on the companies and their
operations, interviewed other indebted consumers and business persons, as well as executives of companies and others.
OUR HDRR TEAM'S 9 KEY DEBT RELIEF EVALUATION CRITERIA (KDREC) FOR
RATING DEBT RELIEF COMPANIES
Following below are the principal criteria upon which the HDRR Research/Review Team
examined and rated the debt settlement or consolidation companies reviewed.
NOTE: For fuller details, and more specific nature and contents of each of these criteria, go to this page HERE.
1: A check to ascertain membership of, or accreditation by, one (or more) of the recognized accreditation institutions for the
debt relief industry.
The best debt settlement or consolidation companies are usually accredited with either one or the other of these:
a) The Association of [Debt] Settlement Companies (TASC); or
b) Association of Independent Consumer Credit Counseling Agencies (AICCCA); or
c) National Foundation for Credit Counseling (NFCC)
2. The Reputation of the company. Includes the Dependability Factor. How long has the company been in business? Is this a
company you can trust?
3. Variety of Solutions. Does the company only offer ONE debt relief solution? Or are they well-versed in a number of options?
Having a variety of choices means they can find the right debt relief program that fits your specific needs.
4. Cost. How does the debt relief company get paid? The best ones will earn their money from a percentage of what they save
you; that way, they only get paid if you save money.
5. Does the Company Readily Offer or Volunteer Some Information and Free Counseling
6. What Does a Background Check on the Company Reveal About Experience, Quality of Personnel, etc - on certain issues of
law, credit, policy, etc?
7. Are There Reviews from Respectable or Objective professionals, journals or Review Media or Organs on the Company's
Services
8. Does the Company Offer Lessons or Programs Tactics for Staying Out of Debt?
9. Provision for Fees & Payment Schedule Modification In Case of Emergency?
THE HDRR SCORING, RATING SYSTEM
The FIRST 9 Criteria
The HonestDebtReliefReviews.Org (HDRR) review team found approximately 4,000 debt relief websites that operate and
advertise on the Internet. First, we used the above-listed HDRR 9 Key Debt Relief Evaluation Criteria or KDREC to evaluate them
and rate them. Through a methodology we call the "process of informed reasonable elimination," the number was brought down
to the top 200, then further down to the top 20, and down to the top 12 or dozen. All the websites involved were graded and
rated on each of these KDREC, to narrow it down to this top 12. A value (a percentile value of from 0 -100) was assigned to
each of the 9 criteria and scored on each criteria for each site. Each site's scores were then added up on all 9 criteria to obtain
an official HDRR Key Evaluation Criteria value for each of the companies, with the top 12 being the ones showing the highest
scores.
The SECOND 9 Criteria
Finally, to determine the very top Number #1 company of all companies (the Number 1 ranked among our best 12), the team
further subjected these outstanding companies to rigorous evaluation based on these additional SECOND 9 criteria listed below:
- Written guarantee by a company for overall savings.
- Service affordability for the average person.
- Secure website.
- Evidence of large amount of savings to clients.
- Has company successfully reduced millions of dollars of consumer and small business debt.
- Customer satisfaction response times..
- Does company help protect clients' credit standing.
- Is customer reasonably able to speak with their debt negotiator whenever they want or was necessary.
- Flexibility of the program based on what a customer may have available on a monthly basis.
THE RESULTS?
First, the Findings on the Debt Relief Scam Companies - Frightening!
First, before explaining the companies ranked as the top 12, and giving the name of the company that emerged as the Number
#1 company of them all, we'd want first to say a few words about our findings on the large number of scammy debt relief
companies that turned up in the study in the industry. It's actually nothing short of alarming! Some 82.5% of the website-based
debt relief operations we examined in our test sample (165 out of the 200), ranked in the HDRR Key Evaluation Criteria at levels
so poor and pathetic, that those website operations simply have no business at all on the Internet peddling any debt relief
solutions at all to consumers. These websites are clearly what you'd call debt relief SCAMS - that is, worthless, at best
bordering on fraud, with no value-added and absolutely the kind of sites that should be a complete no-no for any and all wise
consumers to shop in.
Some of the things which these scam companies have in common, for example, include the following (among others):
- Generally no membership in the Better Business Bureau (BBB) to prove reliability and good track record. Instead, at best,
the only things "the best" among them have, are limited only to a registration with Dunn and Bradstreet Co or
membership in local Chamber of Commerce that almost any company can get. - Is a relatively new entity, probably joining the debt relief business only within the present period of economic recession,
and having little or no track record of real expertise or long experience in the debt relief industry - On the phone, their personnel will promise future and wonderful results, but will send a contract that reflects no
guarantee nor promise of any results. - Will charge you a flat commission on your debts instead of a percentage of what you are saved.
- Will likely suggest to you that you sign up for a debt consolidation program and pay back your debts in full with interest.
- Will claim to you that they can predict the future and promise you future and wonderful results. (Isn't it hard enough
already even to predict just tomorrow, much less the whole future? How does one really KNOW that - given constant
changes in interest rates, in bank mergers, changes in governments and in policies, in the economy, etc!?) - Suggest that doing debt consolidation doesn't appear on your credit report. (It does, and costs you much more than debt
settlement). - Get you started and then you never hear from them again.
- Actually get you deeper in debt by not doing anything on your accounts upon your signing up with them.
Pathetic findings, Certainly! But Our Reviewers Have Just Got to Call it Just Like it Is!
How Do You MAKE CERTAIN that You Avoid Being a debt relief Scam Victim?
Well, there's a SURE way. (CLUE: Get the very BEST one in the industry!) ...But just read on.....
What our reviewers find, is that because millions of people across the country are finding it more and more difficult to meet their
financial obligations, there is a big growth in debt relief scams.
You may, for example, be a consumer or small business owner in serious debt problem thinking about using a debt relief
company, such as debt settlement or debt consolidation company, to get out of debt, but are not quite sure, given the apparent
confusion involved in the whole debt solutions landscape today, how to find a company that is reputable or honest and
trustworthy? Or one that will save you money and won't rip you off? Or perhaps you have fallen victim already to the kind of
scams we've found.
That's the main reason we got into this review and investigation....
If so and you fall into any of the above categories, if it's any comfort to you, that's why as Director of Research, I acted under
the authorization I was given by the HonestDebtReliefReviews.Org and commissioned this complete investigation and review.
So, rest assured, you can have it all hanging out here - STRAIGHT! A review that WILL TELL YOU THE TRUTH - even if it is a bitter
truth.
More, a little later, about our findings on this. But first.......
Here's the Good News!
The good news is, thank goodness, there are other options, good legitimate ones, available which we found. It's NOT all debt
relief scams at all, thank God!
THE TOP DOZEN ONLINE DEBT RELIEF COMPANIES
IN DEBT SETTLEMENT & CONSOLIDATION FIELD
Using the rigorous HonestDebtReliefReviews.Org's evaluation and ranking system described earlier above, we determined that
just 17.50% of the 200 company websites we reviewed (35 of the 200)are legitimate debt relief operations that are fairly
responsible as regular businesses, although the detailed extent of the quality of their services was variable in degree from one
company to another. The top 12 companies in the industry using the same evaluation system, was then formulated. They are
the following (not in any particular order here):
The HonestDebtReliefReviews.Org TOP DOZEN ONLINE DEBT RELIEF COMPANIES
Common features of these TOP DOZEN companies
Each one of these top dozen companies is actually a great debt relief company in its own right, that has most of the industry
credentials and the qualities that the Number 1 pick (which, we should now reveal for the first time, happens to be the CuraDebt
company) has. Each belongs to one of the respectable industry accreditation authorities, each is a member of the BBB, has
pretty good service delivery record with debtors and consumers, etc. But EXCEPT for one fact, however: our review of the
facts based on use of the Second 9 Criteria factors (see above), which is designed for the evaluation to determine the Number 1
pick, found a couple of vital aspects in which the other companies in this group fall way short of the standard we found for the
CuraDebt company that emerged as the Number One picked company.
Some Examples.........
For example, Credit Answers (based in Plano, Texas), which made it into this top 12 companies, is a great debt relief company
that possesses most of the industry credentials and the qualities that CuraDebt, the Number 1 pick, has, including being a
member in good standing of the BBB, the TASC, etc. However, from our review of the facts, it shows the savings its negotiators
bring to consumers fall quite short of those of CuraDebt; that it saves you slightly less money, and also, that CuraDebt seems to
provide the debtor better customer service. www.honestdebtreliefreviews.org/redirect(3).html
Or, take the Credit Consultants (based in Lake Tahoe, Nevada), which also makes the HDRR top one dozen list, for another
example. This company deals primarily in debt consolidation (i.e., the kind of debt solution where you combine all of your debts
together and put them into one payment with potentially newer, lower interest rates, as compared, of course, to debt
settlement, where your debts, usually primarily unsecured types of debts, such as credit card and medical bill debts, are
negotiated with the creditors to pay them back less than the balance owed them). But here, just as well, the HDRR review found
that the Credit Consultants company is in about the same situation as the Credit Answers is relative to CuraDebt. Like its
counterpart, Credit Answers, the Credit Consultants company is a great company with great industry credentials, and so on,
alright. But, again, from our special review, its program is more expensive than DuraDebt's, and the savings it nets its customers
are fairly less than what CuraDebt provides its customers. Plus a few other differences.
THE BOTTOM LINE: In a word, it comes down to this: CuraDebt comes out on top as the overall Top Number #1 pick,
because CuraDebt's services, though reasonably comparable in many respects to the others in the top 12 category, is generally
superior in many vital aspects. Hence, dollar-for-dollar, the CuraDebt program is simply the program that will bring YOU the
best bang for the buck! (Wish to check out this CuraDebt Company yourself right now? Click HERE for personal debt, or
CLICK HERE for business/commercial debt).
Here's Even the Better News From Our Findings!
The following are some of the principal reasons and bases for which the HonestDebtReliefReviewer.Org's top-rated online
research and review team scored the San Diego California-based CuraDebt.com company as the Top Number #1 online debt
relief company in the entire United States today.
A Record of Excellence....! A Record Compiled by the Number #1 rated company.....
1. Highest BBB rating. This is probably the most important indication of "dependability." Out of all the companies reviewed
by our review team, CuraDebt (located in San Diego, California), had the best Bureau of Better Business (BBB) rating possible.
It has an A+ rating - the highest that the BBB grants any entity. The BBB is a widely respected, independent non-profit
organization that gives consumers an unbiased opinion on companies. In fact, many individuals choose a company just based
solely on its BBB rating. The BBB rating of A+ for CuraDebt virtually means that business-wise, it's been absolutely reliable and
trustworthy to its clients and customers.
2. Membership in & Support of Other Organizations of Honor. In addition, per the HDRR Reviewers' verification, CuraDebt
company is a member of the TASC (The Association of Debt Settlement Companies), a key national trade association of the
debt relief industry that has a well developed standardized "best practice standards" and required disclosures for the members'
customers. Furthermore, it also has been a member in excellent standing for over 5 years in the Chamber of Commerce (San
Diego, Ca. Greater area), and has been one of the most active business patrons and supporters of the SCORE, a Federal
government-sponsored nationwide organization that helps American entrepreneurs start, grow and sustain businesses.
3. Long-Standing Company, Not a Fly-By-Night. The team that founded the company that is CuraDebt.com today, began in
1996 by providing debt settlement services in its local area on behalf of individuals and small businesses. In 2000, the company
started providing debt relief services nationwide, online and offline.
4. Serve Large Pool of Debtors. CuraDebt services almost 99% of all creditors in the debt relief business, and not just a limited
few, and services especially the creditors that are known to be tougher on debtors, such as the Citibank. For example, here you
have a company like Hoffman Brinker which is a decent debt relief company just as highly rated as one of the top 5-12 or so best
debt relief providers, and which has nearly perfect score with the BBB, as well as other high rankings in other parameters. But
this company does NOT take debtors unless their debts are at least $25,000 or more. Not with DuraDebt, though. With
CuraDebt, you are taken, if you have a debt of only $10,000 or more.). And, also, for Hoffman Brinker, the rate of its fees for
doing the work is much higher for debtors.
5. Large amount of savings. A finding positively verified by the HDRR review team, is that using CuraDebt for your debt
settlement negotiations, does, in fact, save you a great deal of money. The reason behind this CuraDebt "magic"? Apparently
because, first, their negotiators are expert negotiators at complex financial matters and have built up contacts with creditors
over several decades from their long experience in the industry,. (See Company Profile). And thirdly, for the fact that they often
do what they call "in bulk " settlement of the debts, as against settling the debts just one account at a time. Thus, this way,
they can settle the overall accounts (the debts of their clients) at a higher percentage deal in favor their clients.
EXAMPLE: say, you have a debt settlement case with CuraDebt that's for $10,000. CuraDebt will not just go to your creditor
and settle your $10,000 debt alone with them. Rather, they would combine your debt with a couple of other debts owed by their
other clients and get the combined total amount to a higher figure of, say, $100,000 or $500,000 or more. Then, they will now
negotiate the settlement of the BIGGER COMBINED AMOUNT with the same creditor. This then gives the CuraDebt office a much
greater ability to negotiate, based on the greater power of "bulk" bargaining, the greatest level of savings for you. In addition,
CuraDebt is commission-based, which means that it is in their own very best interest to get you the greatest savings. (If they
get you only LESSER savings, then they only get the LESSER commission.)
6. Successful Reduction/Elimination of Debt. CuraDebt has a proven long history of having successfully reduced millions of
dollars of consumer and small business debts. Debtors who have had their debt problems settled for them with the credit card
creditors and others by CuraDebt negotiators, show actual savings that range from 50% to 89%. Numerous written letters of
settlement deals from various banks, credit card and other financial institutions on record inspected by our HDRR reviewers, as
well as numerous testimonials and interviews reviewed by them, amply document that fact. Since 1996 to the present, DuraDebt
has counseled over 10,000 individuals and families each year on their finances, and has settled over $100 million in consumer
and business debts.
7. Works with Your creditors To Negotiate a Deal for You, and Prevents Them from Calling You. CuraDebt has one of the
fastest debt payment completion times in the industry, as well as the Customer satisfaction response times. One of the
customers obviously elated about this arrangement that has the customers insulated from getting phone calls from their
creditors, wrote in a company literature reviewed by our reviewers, "One of [the] things I have found most convenient is they
handle all the phone calls to your creditors. Your creditors will no longer be able to contact you."
BUT THERE'S MORE......
Other pleasant findings on CuraDebt made and verified by the HDPP Review Team:
- Easy Access to CuraDebt Negotiators. .As a client of CuraDebt enrolled with them in their program, you get to speak with
your debt negotiator virtually any time; he or she has all the details on your accounts and works with you based on what
you have available either on a monthly basis or as a lump sum.
- Has Both PERSONAL Debts as well as BUSINESS Debts Departments. The company works with the consumer
debtor BOTH for debts of personal nature, as well as with businesses and business owners, for debts of business or
corporate types. It handles the business debts aspect through its Commercial Debt Counseling division. For example,
CuraDebt primarily plays the role of expert company "turnaround" advisor for troubled companies, usually assisting such
businesses in reorganizing their debts and in developing payment plans for outstanding bills, accounts payable that
enable the business to survive and thus enable the creditors to recover monies that might have been lost were traditional
collection method to have been followed, or a company client to have filed bankruptcy.
- Handles Debt Settlement as well as Debt Consolidation, and Other Plans. CuraDebt has expertise in BOTH debt
settlement as well as debt consolidation (among other lesser areas), and has specialist professionals in its employ which
handle each need area. Besides those, Curadebt also engage in debt management plans, and consumer credit
counseling, as well as other options. Our HDRR Review Team was able to review many sample letters of settlement from
various banks, credit card and other financial institutions, that have been written to CuraDebt negotiators by them agreeing to
accept the debt consolidation and debt settlement offers made by Curadebt negotiators on their clients' behalf. And from
that evidence (as well as other evidences they inspected, such as numerous testimonials, interviews, etc.), the HDRR reviewers were
able to verify that most CuraDebt negotiators had, in fact, had a good record of having the banks and creditors reduce
personal debts for clients enrolled with them, by at least 50%, and some up to 89%.
- True Free Credit, Debt Consultation. CuraDebt does in deed offer true FREE consultation to both inquirers and its clients
alike. You can get a free confidential consultation just by visiting their website and submitting your information. It has
programs in place to cover this, such as free Debt Freedom Plan consultation, free Debt Freedom Teleconference, a money
tips newsletter (provided free of charge), etc. And through such programs, CuraDebt's very patient, caring, and
knowledgeable debt counselors, will answer your questions with such thoroughness, whether it be about debt
consolidation or debt settlement, or bankruptcy.
- Free Educational Program. CuraDebt provides an education program, which is totally FREE, in the areas of credit repair,
and then in debt negotiation vs debt management plans, which is a program that goes into details to compare Debt
Settlement (the debt solution that CuraDebt prefers and offers) to the other two negotiation-oriented options. In
addition, CuraDebt provides live teleclasses where groups can have their questions answered in an anonymous yet
informational environment.
- Educational Program on a Possible Bankruptcy Option. CuraDebt provides, as well, a comprehensive educational
program on using the bankruptcy alternative as your debt solution. In this program, the CuraDebt Consultant evaluates,
with and for the client (the debtor, which may be a person or a business), the client’s situation, and provides a debt
negotiation or debt management plan for him (or for the business, where appropriate), based on the particular needs and
circumstances of the person.
- More Comprehensive Products. CuraDebt offers a wide variety of solutions for the debt-laden consumer or business
owner - services that include debt management, debt negotiation, debt settlement, and debt consolidation. With about 70
paid staff members at its corporate offices, in each area it has skilled professionals that match each individual debtor with
the program best suited for them, with two or more different plans set up with monthly payments so as to provide a
complete client solution.
- Competitive Prices. The fees for such plans are very competitive, always constantly reviewed and adjusted to make sure
they are, and remain, within the national averages.
And there are still more and more (see Company Profile for some of those).......
MORE ON THE FINDINGS OF
THE HDRR REVIEW WORK (If you're still interested in more reading!).
For those who might still have any interest in additional details from the investigation, the following, for your further
information, is additional information gathered by our team in that investigation.
It falls in line with the HDRR official policy of 'letting it all hang out' - STRAIGHT! Of TELL YOU THE TRUTH - even if it is a bitter truth.
An important part of the TRUTHS which emerged or became apparent, as well, from that review, are the following:
ALSO, HERE ARE SOME OTHER TRUTH, SOME OF THEM BITTER TRUTHS, THAT EMERGED.....
MORE FINDINGS BY THE HDRR REVIEW TEAM ON THE CURADEBT COMPANY
One More Finding....
Here's one major unique aspect of DuraDebt's which the HonestDebtReliefReviews.Org team found quite interesting and unique for
a company such as this. And that is DuraDebt's remarkable attention to what one company official called "doing things right." For
example, one of the first things the original founding team of the company did, was to write into its business policy charter a
"corporate culture." And in this, it explicitly states as the only acceptable "mission, vision and values" for the company and its
executives and workers, these values among others "integrity, honesty, dedication, attention to details, teamwork, and
ingenuity/creativity," explaining that its primary business goal and mission to benefit not only itself, but its employees and its
clients, just as well, which is says is what results when "a company that bases its success on achieving results" all interested
parties.
From the HDRR team's observations and the evidence obtained, the DuraDebt company seems to have incorporated this stated
vision well into the culture and fabric of company in its central theme of achieving great financial results by the company. For
example, not only is CuraDebt is a member of the San Diego Chamber of Commerce and the San Diego Better Business Bureau.
But, also, it actively supports the SCORE (Service Corps Of Retired Executives), as that helps reduce the complaints often heard
that fewer businesses in the USA train or encourage the training of small business owners to create businesses in the nation.
THE HDRR REVIEW WORK (If you're still interested in more reading!).
For those who might still have any interest in additional details from the investigation, the following, for your further
information, is additional information gathered by our team in that investigation.
It falls in line with the HDRR official policy of 'letting it all hang out' - STRAIGHT! Of TELL YOU THE TRUTH - even if it is a bitter truth.
An important part of the TRUTHS which emerged or became apparent, as well, from that review, are the following:
- The average balance on credit cards has increased from $2,985.00 in 1990 to $7,942.00 according to CardWeb.com, a credit-
research firm.
- National bankruptcy filings totaled 400,394 this quarter, up 24.5 percent from this time last year; nearly 1.1 million debtors
filed for bankruptcy in 2008
- Over 2.7 million jobs have been cut in 2008, 2009.
- That using the type of debt relief service offered by option Consumer Credit Counseling Services, is not the answer.
(Approximately 65% of people who sign up with the CCCS offices to use their debt repayment plan to resolve their debt
problems, drop out of the plan before completion).
- That using the DEBT CONSOLIDATION Option is not the answer, either. (In respect to using the Debt Consolidation option to
resolve your debt problem, studies show that a majority of people who obtain a debt consolidation loan in order to
undertake that, are in fact, are in worse financial condition 2-3 years later than people who did not get a loan).
- Nor is use of the BANKRUPTCY OPTION often the solution. (For those who use bankruptcy in addressing their debt problem,
bankruptcy, according to available data, creates an additional cost of 50-60% for people on home mortgages, credit card
interest rates, and car loans. (Now, where you're using it as an absolute "last resort" option, meaning where you have no
other way out because you are, say, without even a job or any income or are sick and permanently out, then that may be ok
and bankruptcy may really be your ONLY in such a case).
ALSO, HERE ARE SOME OTHER TRUTH, SOME OF THEM BITTER TRUTHS, THAT EMERGED.....
- That if your debts do NOT comprise mostly of credit card bills and unsecured type loans,but comprise, rather, of SECURED
types of debts, (debts such as for loan with which you purchased a car, or a home mortgage loan on a home, then you are
NOT ideal for debt settlement arrangement, and that would not usually save you money in such debt relief option. So, in
other words, unless you have UNSECURED type of debt, basically forget debt settlement.
- Generally, you will not be able to undertake or to profit from debt settlement arrangement UNLESS the total of your
(unsecured type) debt is at least $5,000 or more. (Generally, the way the computations are made, only if and where you
owe this kind of amount or more, does the it make good financial sense for lenders, borrower or the debt settlement
company).
- You must be realistic in what you may save from doing this deal. It's possible you'll save as high as 90% or even more on
your credit card debts. But, then again, your savings may be just 50-60% or even less, or what have you. The fact you have
to bear in mind is that such only depend on a number of factors unique to your individual case - the types of creditors you
have, how delinquent the debts involved are, what state you live in, what type of purchases the debts were for, and your
current financial situation.
- Whatever the case, be prepared to still pay something, some amount, to your creditors, expect that the amount (in total)
you pay, would most likely substantially less, in the neighborhood of from 50% to one third of what you owe him right now.
- Don't expect that you will possibly know or be told now what the exact, specific total debt balance you'll wind up paying, say,
2 or 3 years from now, as your settlement. All you can expect to know is the possible or likely ball park figure. (No one can
predict the future, can any? How does one know? Every time the interest rates change or two banks merge, the policies
change, and this means, therefore, that settlements change just as well).
MORE FINDINGS BY THE HDRR REVIEW TEAM ON THE CURADEBT COMPANY
One More Finding....
Here's one major unique aspect of DuraDebt's which the HonestDebtReliefReviews.Org team found quite interesting and unique for
a company such as this. And that is DuraDebt's remarkable attention to what one company official called "doing things right." For
example, one of the first things the original founding team of the company did, was to write into its business policy charter a
"corporate culture." And in this, it explicitly states as the only acceptable "mission, vision and values" for the company and its
executives and workers, these values among others "integrity, honesty, dedication, attention to details, teamwork, and
ingenuity/creativity," explaining that its primary business goal and mission to benefit not only itself, but its employees and its
clients, just as well, which is says is what results when "a company that bases its success on achieving results" all interested
parties.
From the HDRR team's observations and the evidence obtained, the DuraDebt company seems to have incorporated this stated
vision well into the culture and fabric of company in its central theme of achieving great financial results by the company. For
example, not only is CuraDebt is a member of the San Diego Chamber of Commerce and the San Diego Better Business Bureau.
But, also, it actively supports the SCORE (Service Corps Of Retired Executives), as that helps reduce the complaints often heard
that fewer businesses in the USA train or encourage the training of small business owners to create businesses in the nation.
|
ANOTHER TOP REVIEWER RANKS THE SAME
COMPANY NUMBER #1, TOO!
Recently, editors at the TopConsumerReviews.Com
(http://www.topconsumerreviews.com), one of the select, respectable truly
independent providers of objective reviews and rankings of consumer topconsumerreviews.com
products and services, gave CuraDebt its prestigious highest ranking award
in recognition of the exceptional quality of CuraDebt's services and the
performance of the company as a national debt relief company - a 5-Star
rating. In making the award to CuraDebt, TopConsumerReviews said of
CuraDebt,
"This is the best debt relief company in our review. Targeted for
individuals with $10,000 or more in unsecured debt, Curadebt offers many
options, from the start to the debt free end to its clients."
Recent 5-Star Award (the highest)
Given to CuraDebt
Echoing almost word-for-word the same findings that our HDRR review team
also find, the organization's review report added: "They negotiate the best
payback terms and debt reduction that works in your favor. Curadebt has experience negotiating both payment plans and lump
sum settlements. They capitalize on the good relationships they have with creditors, law firms, and collection agencies, and use
these relationships on your behalf."
COMPANY NUMBER #1, TOO!
Recently, editors at the TopConsumerReviews.Com
(http://www.topconsumerreviews.com), one of the select, respectable truly
independent providers of objective reviews and rankings of consumer topconsumerreviews.com
products and services, gave CuraDebt its prestigious highest ranking award
in recognition of the exceptional quality of CuraDebt's services and the
performance of the company as a national debt relief company - a 5-Star
rating. In making the award to CuraDebt, TopConsumerReviews said of
CuraDebt,
"This is the best debt relief company in our review. Targeted for
individuals with $10,000 or more in unsecured debt, Curadebt offers many
options, from the start to the debt free end to its clients."
Recent 5-Star Award (the highest)
Given to CuraDebt
Echoing almost word-for-word the same findings that our HDRR review team
also find, the organization's review report added: "They negotiate the best
payback terms and debt reduction that works in your favor. Curadebt has experience negotiating both payment plans and lump
sum settlements. They capitalize on the good relationships they have with creditors, law firms, and collection agencies, and use
these relationships on your behalf."
| THE CURADEBT COMPANY. THE UNIQUE QUALITIES WHY THE HDRR REVIEWERS RANK IT NUMBER #1 |
At HonestDebtReliefReviews.Org, we've taken the burden upon ourselves to always provide an honest and accurate SURE-FIRE
review, for one vital reason: So that any POSITIVE recommendation we make of a product or service, is automatically a POSITIVE
recommendation to buy - but buy WITH ALMOST ABSOLUTE CERTAINTY & RELIABILITY. Absolute certainty that the product or service
is, in fact, "the real deal," that it will provide you EXACTLY what is promised, the benefits and all! It's all part of our central mission to
analyze the products or services for you, and to try, as well, to present our findings in a way that makes YOUR purchasing
decision easier and more real and practicable for you.
Here's Our Formal Recommendation ....
We conclude that, deriving directly from the massive amount of objective facts and evidence we saw and reviewed in the field, the
Number #1 online debt relief company in the United States today is, in deed, the Cura Debt company. And from our
perspective, WHAT THIS MEANS, IS AS FOLLOWS:
- a strong word and message that this company is a legitimate, reliable and safe company that YOU can trust as an online buyer
or shopper - that this is a company you can comfortably do business with, with every confidence and reliance that you'd almost never be
taken advantage of or be ever scammed. - that over and above all things else, resulting from our reviewers' independent verification, it is conclusively shown that this
company lives up to its word or promises, - that it provides its debtors who are in its debt relief program - and will provide you - substantial savings of from one-half their
debt value, to some 90 percent of it (having already successfully reduced over $100 million, and counting, of consumer and
small business debt with its other clients before you, it should be pretty easy for the same to happen with you!), - that it keeps its debtors out of the bankruptcy court or any-debt related courts or hassles at all,
- that, with its famous, uncommon WRITTEN GUARANTEE it gives for the overall savings it will make you (coupled with nearly 9
years record of unblemished serving of consumers and businesses like you, long-term BBB membership, membership of the
TASC, which is the top accreditation authority for the debt relief industry, etc., etc.), you're just about GUARANTEED that what
you'd get as its client, were you to enrol with it, would be a great and most pleasant and happy experience, - that its debt counselors, if your case were to become one of those few extraordinary instances where nothing else works,
would even literally pick you up literally "by hand" and simply guide you, step-by-step and simply, through the entire
process, and personally help you resolve your debts.
AND THERE IS EVEN MORE.....AND STILL MORE..... (if it weren't that its probably too much already!)....
OFFICIAL DESIGNATION........
100% APPROVED! Cura Debt Receives Our Highest Approval
Rating - a 10. (Click here For BUSINESS Debt Site)
Therefore, it is.....
APPROVED PROGRAM for you; a "to buy" RECOMMENDATION.
Benjamin Anosike, Ph.D., Director,
Research, Investigations & Reviews HonestDebtReliefReviews.Org(HDRR)
P.S.: In fact, remember you can get from CuraDebt, a full, in depth Debt Analysis of your debts (free of charge) right now.
Simply contact the company (see the link below), enter your name and contact information, and there's it. They'll contact you for a full
analysis of your debt situation and options. (Free, no charge or obligation on your part).
For the direct link to reach CuraDebt for a free PERSONAL DEBT analysis (no obligations), Click CLICK HERE For the direct
link to reach CuraDebt for a free BUSINESS/COMMERCIAL DEBT analysis (no obligations), CLICK HERE.
(Tell them we recommended you to challenge them to their usual excellence with YOU. Generates some goodwill!)
NOTE: ANY SCAM ACTIVITIES OR NEWS? INFORM US. As an investigative and review organization, we're always interested
in knowing everything we can about what might really be going on in the SCAM world. Are you aware of any organization (or
product/service) online that is provably scamming consumers online? Email us about it with your evidence. We may want to do an
investigation on it. And, even better still, do you have information (again, you've got to have some good evidence and provability)
about a company or product/service that is really of top quality? Please email us about it. We'd appreciate it. In deed, if that one
proves out to be validated by what we find, we might pay you a commission just for turning up that story. Our Email address for
that: info@HonestDebtReliefReviews.Org
P.P.S.: AN APPEAL. Finally, we'd hope very much that this review proves helpful and useful to you. Hopefully, if it helped you,
and maybe even saved you some time and money, please consider making a donation (however big or small) to the organization. It
will help us in running and funding more investigations like this in the future. Simply click the PayPal button below. Please, we'd very
much appreciate it - donate to keep HonestDebtReliefReviews.Org running and going into more fields.
The End of the formal report.
=====================================================================
| The Internet REVIEW & INVESTIGATIONS REPORT. RE: The CuraDebt & Other Online Debt Relief Companies |
| Internet Review Uncovers Best of Best Online Debt Relief Company, But Amidst An Ocean of Many Scammy Companies in the Industry |
Copyright © HonestDebtReviews.Org 2006 - 2009. All Rights Reserved.
Any reproduction, in whole or in part, in any form whatsoever by any person or entity
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| HonestDebtReliefReviews.Org |
| ============================================== At HonestDebtReliefReviews.Org, where a Positive Review is a Positive but RELIABLE and EVIDENCE-BASED RECOMMENDATION to Buy....... ============================================== |
| NOTE: Where Can You Take Advantage of this Service? See below. |
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In the past our attorneys have had to prosecute visitors to our site who plagiarize and steal material
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education and benefit, of your visitors or customers. Any INFRINGEMENT BY, VIOLATORS
WHOSOEVER, WILL BE PROSECUTED TO THE FULLEST EXTENT OF THE LAW.
See our TERMS OF USE.
Copyrights © 2001 – 2009, HonestDebtReliefReviews.Org. All rights reserved.
In the past our attorneys have had to prosecute visitors to our site who plagiarize and steal material
from this site unauthorized. Please note that ALL contents on this web page and the whole site, are
for personal and private use only, solely intended for general reading and information of visitors, and
may NOT be copied, photocopied, reproduced, modified, published, uploaded, downloaded, posted,
transmitted or distributed in any way or manner whatsoever, or otherwise PLAGIARIZED or
UNAUTHORIZEDLY used, without the prior written permission of our Director. But you have our
standing permission, however, only to link your site to this page/site for the general information,
education and benefit, of your visitors or customers. Any INFRINGEMENT BY, VIOLATORS
WHOSOEVER, WILL BE PROSECUTED TO THE FULLEST EXTENT OF THE LAW.
See our TERMS OF USE.
| You want to know whether we're 'the real thing' as Objective Reviewers? Right? Fair enough! Here's the deal. How about this. YOU just judge us by the degree to which there's apparent objectivity for our reviews, or lack of it; the degree to which there's apparent DOCUMENTATION for our reports, or lack of it; the degree to which there are apparent supporting facts and evidence presented for the product or service recommendations we make, or lack of it!" -- By The Board of Directors, HonestDebtReliefReviews.Org |
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