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The Accredited DR team understands that no two financial situations are alike—that’s why every Accredited DR plan is custom-built for each new customer. The company’s representatives negotiate directly with your creditors to lower unsecured debts, including credit card debt, medical debt, personal loan debt, and others. With over 300,000 clients enrolled and accreditation from the Better Business Bureau, we recommend Accredited DR to anyone dealing with over $10,000 in unsecured debts.
The Accredited DR team knows that anyone can struggle with debt. As every customer is unique, Accredited DR’s debt settlement procedure is flexible, with representatives altering and adjusting their negotiation tactics to best fit each customer’s needs. We recommend the 1-on-1 style of Accredited DR to anyone attempting to resolve $10,000 or more in unsecured debts.
Accredited DR has garnered some impressive reviews since its founding in 2011. Trustpilot awarded Accredited DR 4.9/5.0—an “Excellent” rating—based on 4,000+ customer reviews. The Better Business Bureau awarded Accredited DR an A+ and an accreditation back in 2021.
Accredited DR uses its team of professional negotiators to communicate directly with lending companies, working to lower the amount you owe to each creditor.
Accredited DR’s settlement program works best for customers with at least $10,000 in unsecured debts. Unsecured debts include money owed from credit cards, medical bills, personal loans, and payday loans.
Accredited DR’s settlement process is designed to knock out your debt, one creditor at a time. In the following steps, we’ll review the methods your representatives will use to pay off a creditor’s debt. If you have multiple creditors, you simply repeat the following process for each remaining creditor.
To start, you and an Accredited DR representative will review your current financial situation. You’ll take the time to chat about your current debts, your ideal timeline for paying off your debts, and how Accredited DR can help.
Your Accredited DR representative will work with you on completing your personalized plan, the unique game plan for lowering your current debts. By the end of the plan match meeting, you’ll have a better idea about the potential savings, timeline, and fees associated with your plan.
In order to officially work with Accredited DR, your representative will have you sign a contract. Be sure to ask question about the details of your contract before signing, paying special attention to topics such as credit impact, recourse for legal action, tax implications, and others.
Each month, you add funds to your Dedicated Account, a savings account that Accredited DR will use as a negotiating tool during talks with your creditors. During this time, you will stop paying off your creditors, which may result in lowering your credit score.
While you add savings to your Dedicated Account, your Accredited DR representatives reach out to your creditors and begin negotiations.
If your representative and creditor reach a lower debt settlement, your representative will ask you to sign off on the lowered debt total. Using funds from your Dedicated Account, your representative then pays off your debt. Now you’re debt free!
Accredited DR’s program works best for customers with at least $10,000 in debt. Any lower, and your creditors may be unwilling to budge on the amount owed back to them.
Similar to other debt settlement companies, Accredited DR cannot charge you for their services until they’ve successfully negotiated down at least one of your debts. If you have multiple creditors, Accredited DR will most likely charge you piecemeal, charging a fee for each successfully lowered debt.
Accredited DR charges about 25% of a customer’s starting debt, sometimes called your “enrolled debt”. Even with fees, your gross savings are typically higher working with Accredited than without.
Let’s say you owe $10,000. In this example, your Accredited DR representatives successfully knock this number down to $5,500. With $2,500 in fees (25% of $10,000), your new debt total is $8,000, resulting in $2,000 of gross savings.
To qualify for the Accredited DR program, you first must have at least $10,000 in debt.
Following the $10,000 initial requirement, Accredited DR may consider other factors during enrollment. The best way to see if you qualify is to visit the Accredited DR website to receive a personalized quote.
Accredited DR tailors its debt settlement program to every customer, making it a perfect fit for anyone who meets its qualifying requirements. Accredited DR can be that helping hand.
