Is CreditAssociates a legit company?

Is CreditAssociates a legit company?

Credit Associates is an established and reputable debt relief company. It operates a debt settlement program in 42 states and has been in business since 2007. Credit Associates is a legitimate debt settlement company.

What is the catch with CreditAssociates?

Credit Associates expects you to stop paying your credit card bills and put that money into an account with credit associates. They do not immediately begin to negotiate a settlement with your creditors. Instead, they wait for a few months to negotiate with the credit card companies.

How do I stop CreditAssociates mail?

If you wish to receive communications in the future, please contact us at [email protected]. Please unsubscribe me from receiving the Company’s marketing communications for the communication channels indicated below….Opt Out

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What does CreditAssociates do to your credit score?

Credit counseling simplifies your repayment process, ideally making it easier to pay off your debt. Future lenders will be able to see the notation when they run a credit check during the application process, but it won’t directly impact your credit score.

Does Credit Associates charge a fee?

CreditAssociates Debt Settlement Cost. CreditAssociates does not charge advance fees to work with you. Instead, you pay the company only if you accept a debt settlement negotiated on your behalf. The cost for services and your settlement payment are withdrawn from your Special Purpose Savings Account.

Will American Express settle for less?

If your Amex debt has been farmed out to a debt collector, you can no longer pursue the financial hardship program and will need to settle with the collection agency….What percentage of a debt is typically accepted in a settlement?

Company Average Settlement Amount
Debt Relief Á la carte 43%
Accredited Debt Relief 50%

Are there any consumer reviews of Credit Associates?

Complaints filed against Credit Associates appear to be promptly addressed by Credit Associates across review portals like ConsumerAffairs and the Better Business Bureau. The verdict of Credit Associates according to some review sites would be that they aren’t the most trustworthy entity, but this is common amongst debt settlement companies.

When did Credit Associates, LLC get started?

Disclosed at the Better Business Bureau would be how Credit Associates, LLC was started on March 10th, 2016. During the time of writing this review Credit Associates had an A ranking with the BBB and had 2 complaints over the past 3 years, 1 of which has been closed.

Can a Credit Associates help you with debt?

Credit Associates may be able to assist you with debt relief. While Credit Associates may appear as a reputable platform, the legitimacy of some of the reviews submitted regarding Credit Associates do raise suspicions.

Is there a free consultation with creditassociates.com?

CreditAssociates offers a free financial consultation where you can discuss what qualifications are necessary for you to become one of their clients. Once they come up with a savings plan for you, you can analyze and decide if you want to move forward with their debt settlement services.

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