![]() They both have their pros and cons, but which one is cheaper? Is not a member of the National Association of Consumer Bankruptcy Attorneys (NACBA).Does not give you an estimate of savings until after you sign up with them.Is a member of the National Association of Consumer Bankruptcy Attorneys (NACBA).Freedom may be a better choice if you do not mind paying a higher fee or if you need to enroll in debt that is less than $5000. However, Pacific Debt may be a better choice if you are looking for a lower fee, or if you have less debt. Pacific Debt is a member of the National Association of Consumer Bankruptcy Attorneys (NACBA), while Freedom is not.īoth companies are reputable and have high marks from customers and the BBB. Pacific Debt has an A+ rating with the BBB and Freedom has an A rating. Pacific Debt requires you to have $5000 in debt to qualify for their services, while Freedom Debt only requires $3000. Pacific Debt charges a fee of 15% of your total enrolled debt, while Freedom charges a fee of 20%. Freedom also offers a free consultation, but they do not give you an estimate of savings until after you sign up with them. Pacific Debt offers a free consultation to evaluate your situation and give you an estimate of how much they can save you. However, there are some differences between the two companies that may make one or the other a better choice for you. ![]() Freedom Debt Relief is a debt settlement company that has been in business since 2006.īoth companies are accredited by the Better Business Bureau (BBB) and have high marks from customers. Pacific Debt is a debt settlement company that has been in business since 2002. But if you need help creating a budget and making payments on time, Freedom Debt Relief may be a better choice.īoth offer free consultations, so if you’re not sure which is right for you, why not give them both a call and see what they have to say? Pacific Debt vs Freedom Debt Relief: Facts If you have the time and patience to wait for Pacific Debt to negotiate with your creditors, it could be a good option for you. The best option for you depends on your individual circumstances. Freedom Debt Relief’s repayment plans are typically shorter – usually 24 to 48 months – but your monthly payments will be higher. And, of course, there’s no guarantee that your creditors will agree to settle for less than what you owe. Pacific Debt may be able to get you a lower settlement than you could achieve on your own, but it will also likely take longer – sometimes up to 36 months. They will work with you to create a repayment plan that fits your budget, and then they will make payments to your creditors on your behalf.īoth Pacific Debt and Freedom Debt Relief have their pros and cons. Freedom Debt Relief, on the other hand, is a debt management company. That means they will negotiate with your creditors to try to get them to agree to accept less than the full amount you owe. Pacific Debt is a debt settlement company.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |