Should I Ditch National Debt Relief and Settle My Own Debts?


Dear Steve,

I was more than 50K in debt due to credit cards, personal loans and revolving credit from various stores. I decided to let National Debt Relief help me with their program. I let Global Client Solutions withdraw $345 out of my checking account bi-weekly. It has been about a year and 4 out of the 14 accounts have been settled with three pending payments up until end of December 2017. The biggest of the debts which was a 15K loan from Avant will be paid off by end of June. The remaining debt amounts to around $20K. National Debt charges up to 25% for settling.

Should I try and settle the remaining debt owed on my own? I believe I can do it and thereby save money because I have been given a decent raise on the job. However, my credit score has dropped 200 points since. I have major equity in my home but can’t touch it due to my low credit score and current history due to the debt settlement plan. Help….



Dear David,

Before you do anything I’d suggest you carefully read your client agreement with National Debt Relief and make sure it doesn’t say that even if you settle the debt yourself that you would still owe the fee. I’ve seen some settlement agreements like that.

What you are facing is a double-edged sword. On one hand National Debt Relief is charging you fees you think are high. On the other hand they have experience in settling debts.

If you are settling your debts by saving up money and withholding payment to your creditors, it will hurt your credit. Again, if you go back to your client agreement with National Debt Relief I would be surprised if that wasn’t mentioned in there.

At this point I would suggest you have a discussion with National Debt Relief and discuss your progress and where you stand. Talking to them will help you decide if you want to go it alone from this point forward, or stick with them.

See also  Freedom Financial Network & Freedom Debt Relief to Refund Almost All Clients Under Settlement

Even if you decide to go it alone and your approach is to not make payments on your debts you’ve not settled, that’s going to have the same impact on your credit if you were to stick with National Debt Relief. So what you would be losing would be advice and support from National Debt Relief, if you cancel. Only you can answer if you feel as if they have done a good job for you and delivered on what they promised to do.


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Damon Day - Pro Debt Coach

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Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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1 thought on “Should I Ditch National Debt Relief and Settle My Own Debts?”

  1. As a previous debt settlement employee I can give you some neutral advice since I also was employed as a credit analyst at a major bank I know a bit more than most employees who just enroll you based on a script they read.

    If you cancel the plan then the agreements you have with creditors through the agency will also be terminated causing you to lose progress. This has a few risks I have witnessed. One is that the creditor will see you opted out and some may get more aggressive like filing lawsuits. Secondly sometimes whatever payments made will not be honored depending on the agreement made with the creditors.

    As far as settling accounts on your own you can certainly do that. If they have not already been settled. I had a client once that had a great offer from a creditor and took the account out of the program and paid it off on their own. Legitimate and reputable companies cannot charge a fee until they settle an account for you. Therefore there would be no fee if you settled an account on your own. National debt relief is a big company so I’m sure they follow these regulations. Last advice don’t remove an account until you reached an agreement and signed off on it with the creditor because if you remove an account you cannnot usually add it back. But normally you can remove an account at will.

    Hope this helps good luck.


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