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American Debt Relief
- Credit Counseling Service
- Plano, TX
About this business
The Financial Freedom Plan is a proven method for helping people become debt-free using the power of debt settlement. Debt settlement is an agreement with your creditors to pay off your debt (settle it) for less than you owed. While the concept is simple, it takes a lot of work and experience to know what debts can be settled and when the settlement offers are in your favor.
Location details
6860 North Dallas Pkwy, Suite 200, Plano, TX, 75024, United States
Get directions| Weekday | Schedule | Status |
|---|---|---|
| Mon | 7:00 a.m. to 11:00 p.m. | |
| Tue | 7:00 a.m. to 11:00 p.m. | |
| Wed | 7:00 a.m. to 11:00 p.m. | |
| Thu | 7:00 a.m. to 11:00 p.m. | |
| Fri | 7:00 a.m. to 11:00 p.m. | |
| Sat | 8:00 a.m. to 8:00 p.m. | |
| Sun | Closed |
I enrolled in this program after struggling for more than 4 years. Talking to the intake person, he tells me that all my creditors are super easy to work with, they'd have it all negotiated in about 2 or 3 months and in 2 or 3 years I'd be debt-free. Before even one creditor was negotiated with, there was a payment schedule for four years posted.Months on, 2 of 5 creditors have been contacted and Am Debt is thrilled that the other 3 are in collection."It'll be cheaper"- who cares about your score, right? After posting a Trus... read more
As one response stated you could try to settle the debt yourself or get a loan. I totally agree that the money American Debt Relief says they are saving you is misleading, you are charged 25% on beginning enrolled balance not the settled balance, so you actually end up paying close to the full amount you enrolled in the plan, so the savings is very little. Also your enrolled balance goes into default and and late fees and court fees push your enrolled balance higher. Example you enroll $5,000 by the time you get to start tal... read more
Frequently asked questions about American Debt Relief
How is American Debt Relief rated?
American Debt Relief has a 4.2 star rating with 702 reviews.
When is American Debt Relief open?
American Debt Relief is open now. It will close at 11:00 p.m.