Americor Debt Relief- Reviewed & Compared

Summary

Americor provides debt settlement and debt consolidation services to help clients manage their unsecured debts including credit card bills, personal loans, medical bills, and certain types of student loans. With an A+ rating from the Better Business Bureau (BBB), over 14,000 5-star reviews on Trustpilot, and options for both debt settlement and consolidation loans, Americor offers versatile debt relief solutions for individuals and families struggling with debt. We’ll cover Americor's services, its pros and cons, and other important factors to help you determine if it's the right choice for your financial needs.

Company Overview

Americor is a debt relief company headquartered in Irvine, California that assists consumers primarily through debt settlement. Americor has been accredited by the BBB since 2015 and holds an A+ rating, demonstrating its commitment to both ethical business practices and client satisfaction. The company has helped over 450,000 clients resolve more than $3 billion in debt, positioning itself as a proven leader in the debt relief industry

MORE: How Much Can Settling Your Debt Save You Every Month?

What Americor Does Best

Americor shines in offering personalized debt relief solutions with a relatively low minimum debt requirement of $15,000 – making it accessible to a broad range of clients. The company provides:

• Debt Settlement Services: Helps clients by reducing their unsecured debts by up to 50% or more, lowering their monthly payments, and to be debt-free in 24-48 months.
• Debt Consolidation Loans: Through a partnership with Credit9, it offers loans up to $45,000 to consolidate debt.
• Soft Credit Inquiries: Ensures that checking eligibility does NOT impact your credit score.

Clients can expect an average debt reduction of 45% to 50%, with the potential to become debt-free within 24 to 48 months with all of their enrolled debts, and often see their first settlement within three to six months of enrollment.

MORE: How Much Can Settling Your Debt Save You Every Month?

Any Negatives?

While Americor offers many advantages, there are a few potential drawbacks to consider:

• Not Available In All States: Specifically, their services are not offered in Colorado, Oregon, West Virginia.
• Variable Fees: Fees can vary depending on the state you’re in and are based on the total enrolled debt rather than the negotiated amount.

Our Final Verdict: 0/10

Americor is a legitimate option for those seeking debt relief through debt consolidation or debt settlement. With an A+ rating from the BBB and a demonstrable track record of reducing clients' debts, Americor is well-equipped to help individuals and families get out of debt. However, potential clients should ensure that Americor’s services are available in your state. For those who qualify and are looking for flexible options to reduce their debt burden, Americor presents a proven financial solution.

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