Credit Associates Review: Is It Legit?

Credit Associates may be able to assist you if you have difficulty keeping up with your monthly payments. Credit Associates works on helping people to negotiate settlements for unsecured debts without charging you any fees upfront. Once negotiations are complete and an agreement is reached, your performance-based rate will be less than what was originally owed to credit card companies or other lenders. There is no need for another payment until after this process is finished.

Company Overview

They are a professional debt relief company, that offers debt settlement services and that has been operating since 2016. They are accredited by the American Fair Credit Council (AFCC) and also have gold status with the International Association For Professional Debt Arbitrators (IAPDA). That means that there are at least 25-99 certified advisors on their team.

They have a wide range of services, but not all states can take advantage of their offerings. State restrictions mean that some people may not be able to utilize their debt settlement program because they live in certain areas or have specific financial needs which aren’t met by the company.

No legal action has been taken against Credit Associates at the state or federal level. With Credit Associates, you can get rid of high-interest rates and simplify your monthly payments with an easy debt settlement process.

Options For Debt Relief

Debt can be a major financial burden, but there are ways to get out from under it. Credit Associates offers the Debt Settlement Program which helps consumers negotiate settlements on unsecured debts such as credit card bills or medical loans. This can be a major relief for those struggling to make ends meet.

As a rule, Credit Associates can’t help with debt secured by collateral such as home mortgages and car loans. The company doesn’t mention student loans so it’s unclear how they would be able to address this type of obligation. If you are looking to get your debt under control and find your way to financial freedom, then Credit Associates is a great option for you.

Credit Associates offers a debt settlement program to help people with legitimate financial hardships. The company doesn’t explicitly require any other requirements, but their calculators have a built-in minimum of $7000 so this may be the required level for qualification purposes.

Fees Involved

Debt relief does not have to be a long, drawn-out process. At Credit Associates, a team of experts will work with you and your creditors to come to an agreement that works for everyone involved. Their payment system is based solely on the successful negotiation of your debt agreement. In most cases, their clients are able to resolve their debt issues and get debt free within 24 to 36 months – well within the industry average of two-and-a-half years.

How Much Can Credit Associates Save You?

Debt relief can be a great way to save money and reduce stress. With Credit Associates, you might be able to get rid of up to 50% or more of your debt. This means more money in your pocket each month and less worry about debt.

Credit Associates doesn’t charge upfront fees like other reputable debt settlement companies when using their services and there are several other benefits of debt consolidation as well. For example, consolidating your debt can help improve your credit score. And, it can make budgeting and managing your finances easier since you’ll only have one monthly payment to worry about.

Customer Service: Support Is Available Six Days A Week

To reach the customer service team at Credit Associates, call their toll-free number at 866-418-0627.

Representatives are available Monday through Friday from 7:00 am to 11:00 pm CST, and on Saturdays from 8:00 am to 8:00 pm CST.

For the best possible assistance, please have your account number or customer ID ready when you call. The call center is located in Dallas, TX at 5050 Quorum Dr., Suite 700.

What is the purpose of Credit Associates’ dashboard?

Here is how you can utilize their dashboard to find the right solution for your needs:

Choose the type of minimum debt you want to consolidate first. You can choose from credit card debt, medical debt, student loan debt, and all of your unsecured debt. Next, enter the amount of unsecured debt you want to consolidate. This will help them customize your consolidation plan. Last but not least, pick a repayment term that works for you. They have terms ranging from 12 to 84 months.

Credit Associates BBB Reviews

Unlike other debt relief companies, Credit Associates has a lot of experience settling debt. Credit Associates does maintain an A+ rating with the BBB, and they’re accredited by the American Fair Credit Council, and the International Association of Professional Debt Arbitrators. However, based on 23 customer reviews, they received 2 out of 5 stars. They also received 86 complaints in the last three years and 36 complaints in the last 12 months. The most recent review we found is below:

Here are some Credit Associates BBB reviews:

Dennis S 01/12/2021

★★★★★

Elizabeth K*** is a very special person, not only is she professional, courteous, and helpful but she is an especially car*** person, Elizabeth has gone out of her way to make our situation understandable and has eased our minds. You are very blessed to have her in your company. We are very grateful to have her help*** us. Thank you

Johnny B 12/22/2020

★★★★★

Kendrick is an Incredible and caring employee, I appreciate his help and thank him so much. He was a big help to me and was very patient and explained everything clearly. You have a great employee. Thank you so much for everything ******

Sheryl H 10/06/2020

★★★★★

Great company! I was extremely skeptical at first, but they have proved to be a fantastic company! I waited until after settling several accounts to leave my review so it would be based on performance. They took care of contact with my creditors, the legal aspects of it as well as communication so I never needed to answer a collection call. Anything I received in the mail was uploaded to my account so they could jump right on it. I would recommend this company to anyone needing this service. And bonus…EVERYONE I have talked to has been very pleasant and helpful!

Tone J 12/08/2019

★★★★★

Although I was not able to use CreditAssociates services, still, I like to recommend them. After joining CreditAsociates, I realized that due to my financial situation that what they offer would not be suitable for what I need at this time. When I called CrediAssociate customer support, they were so helpful. What I appreciated, even more, was the honesty and the useful advice that I received from them. Since I seem to run into dishonest customer support quite often, I like to leave this positive review for this company because I think they deserve it.

Top Questions

Is Credit Associates Legit?

Debt consolidation can be a great way to get your finances back on track. Credit Associates has a high success rate and is a great choice for a debt consolidation company. They will work with you to create a customized plan that fits your needs.

Is Credit Associates The Best Debt Consolidation Company?

Be sure to do your research and compare different companies if you’re considering a debt settlement company. Credit Associates is a great choice if you’re looking for a debt settlement company with competitive rates and no hidden fees.

The company primarily focuses on credit card debt, but it can assist with personal loans as well. However, its services cannot be used to reduce secured debt such as vehicle loans, home equity loans, or mortgage loans.

Credit Associates is one of the leading debt consolidation companies, with a high success rate and many satisfied customers. You won’t be disappointed when you choose Credit Associates for your debt relief services!

Still Not Sure If Credit Associates Is Right For You?

Not sure where to turn or what to do? They are a non-profit organization dedicated to helping people get out of debt and regain control of their finances. Give them a call at 866-418-0627 and speak to one of their knowledgeable staff members. They will be more than happy to answer any of your questions and help you create a customized plan to get out of debt.