Accredited Debt Relief uses a process called debt settlement to help you get out of debt. With debt settlement, you’ll stop making payments on your credit cards and other bills, and instead begin setting aside extra money in a dedicated savings account. Once you have 40% to 50% of the amount of each debt saved up in your account, Accredited Debt Relief will work to settle your debts for less than you owe.
While the length of this process can vary, Accredited Debt Relief says each program typically requires 12 to 48 months of commitment. You may also see your first enrolled debt settled within the first four to six months of your program, depending on your situation. Also keep in mind that, while this company charges fees of 15% to 25%…
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