Superior Debt Relief Services offers debt relief help to individuals struggling financially. This review mostly considers their debt settlement services.
Debt settlement is the process of organizing a deal with a consumer's creditors to allow the borrower to pay an agreed upon amount less than a full repayment. A settlement is brought about because of a borrowers inability to pay back a full loan amount.
Superior Debt is one of the top rated partners on BestDebtCompanys.com and we highly recommend considering them for relief if you need it.
You can learn more at the in the slides or here: http://bestdebtcompanys.com/settlement/superior-debt-relief/
2. Who Are They?!
Established in 1998, this is a company that has had
enough experience with debt resolution that they can
surely help you in a professional and expert manner.
They have done work with the FTC to help regulate
the industry to be more consumer friendly.
They use an FDIC insured account to grow funds that
will go towards your settlements, and you have access
to it 24 hours a day, 7 days a week.
Superior Debt Relief is certified by the International
Associate of Professional Debt Arbitrators and are
listed #1 with them for four years in a row.!
3. Customer Service!
The customer service at Superior Debt Relief is the
best you could ask for. Every interaction we’ve hard
about from customers has been positive. They treat
their customers very well.!
5. Debt Education Resources!
• Financial Counseling!
• Debt Calculator!
• Newsletters!
• Videos!
• Their website includes information about the
FDCPA (Fair Debt Collection Practices Act)!
6. Credit Counseling!
They really want to make sure that you learn
how to gain control over your finances so you
stay debt free after the program. In many
cases, they encourage you to do the following:!
!
• Destroy all credit cards and not open any
new accounts while you are on the program.!
• That you attend debt counseling sessions so
you can learn how to budget, save and avoid
problems down the road.!
7. How it Works!
Step 1: Get a free quote by filling out the online form or calling.
!
Step 2. Collect all debt information so a monthly payment can
be calculated.
!
Step 3. A Certified Debt Arbitrator will be assigned to you and
will work with you throughout the program.
!
Step 4. Once your creditors have been contacted by and
negotiations made on your behalf, and you will receive
documentation of these.
!
Step 5: Once you have paid all your debts off, you will get
more advice on how to stay debt free.!
8. Qualified Debts for the
Settlement Program!
The following debts can be used in the program:!
!
• Credit Cards!
• Store Cards!
• Unsecured Bank Loans!
• Personal Loans!
• Hospital Bills!
• Some other unsecure debts!
9. What Does it Cost?!
They charge an average of 22% of the total
debt amount. This is right around industry
standard.!
10. BBB Rating!
• This has been an Accredited business since
2003.!
• A+ Rating!
• There has only been 1 complaint closed in
the last three years with none in the last
twelve months.!
• The one complaint was regarding billing and
collection issues and it was resolved
successfully. !
11. Accreditations!
• BSI Group!
• BBB!
• U.S.O.B.A!
• IAPDA!
• Certified Companies in Colorado!
• Colorado License!
• AG Website!
• Dun & Bradstreet!
• US Chamber of Commerce!
12. Are They Active on Social
Networks?!
They have profiles on the following networks:!
!
• Facebook!
• Google +!
They are not too active on these but there are
staggered posts from time to time.!
13. The Positives!
• They have a great rating with the BBB.
!
• They have been in business for 16 years.
!
• They offer a lot of education resources on their
website and from their agents.!
• They have lots of accreditations.
!
• Phenomenal customer service
!
14. The Negatives!
• There
is
no
reference
to
price
anywhere
on
their
website
so
you
will
need
to
call
and
inquire
about
this.
• In
today’s
world,
having
Live
Chat
on
a
website
could
a
very
convenient
tool
for
a
service
company
in
this
industry
and
they
do
not
offer
this
feature.
Not
a
deal
breaker
by
any
means.
15. The Bottom Line!
They seem to be a great company to consider.
With a good BBB rating and being in business
for over a decade, we think that they could do
a excellent job for you.
You will be a more educated consumer with
the resources they offer and the help their
agents can give you.!