Debt settlement companies save you time, money and stress while you repay your debts. Reputable debt relief companies disclose all fees upfront and offer a specific time estimate for their services. Our partners at We researched the best debt consolidation in Corpus Christi to find trustworthy companies with the experience and knowledge to help you reduce debt.
How to choose debt consolidation in Corpus Christi
In Nueces County, 52% of the population has debt in collections, according to the Urban Institute in 2017. If you’re one of those affected, consider hiring debt consolidation services to make your life easier.
Debt consolidation companies in Corpus Christi combine multiple debts into one single account to make debt management easier and more straightforward. A debt settlement company also works with creditors to negotiate the amount you owe.
Before you decide to pursue debt consolidation, ask yourself:
Are you delinquent on your accounts?
Is your credit score already poor due to your debt?
Do you owe more than $10,000?
If you answered yes to all of these questions, debt settlement is a worthwhile option.
Getting debt consolidation help in Corpus Christi
In general, it takes between two and four years to fully settle debts while working with a debt consolidation company in Corpus Christi. This is because the debt settlement company keeps your payments in an account until you have enough to pay off your creditors in one lump sum, ideally for less than you originally owed.
Because debt settlement is such a long-term investment, review your options before you sign a contract. When comparing companies, first make sure they’re legitimate and in good standing with the IRS. Next, compare prices and services offered.
Debt settlement in Corpus Christi costs between $500 - $3,000. Where your case falls in this range depends on its complexity. Bear in mind, this amount is only what the debt consolidation company charges. You still have to pay the remainder of the debt that they negotiate for you and maybe even taxes on your total debt before the reduction.
Secured debt vs. unsecured debt
Debt settlement companies only work with unsecured debt, which is debt that doesn’t have collateral. If you have secured debt (such as a mortgage or vehicle loan), a debt consolidation company cannot help you because creditors can simply repossess the collateral rather than negotiate.
Debt settlement alternatives in Corpus Christi
Corpus Christi residents with significant debts might also be considering bankruptcy. However, according to the Federal Trade Commission, bankruptcy should be a last resort. The FTC suggests first working with a credit counseling service.
Other alternatives to debt consolidation include:
0% interest credit cards
Borrowing against your 401(k)
Personal or home equity loans
In general, seeking debt consolidation in Corpus Christi is a serious decision that impacts your life for years to come. It’s critical to research the best debt settlement companies and options beforehand, so you have the best odds of reducing debt.
National Debt Relief is a member of the American Fair Credit Council and requires all its arbitrators to be accredited and certified. This company offers free cancellations and does not collect a single fee until it settles the client’s debts. Plus, its website provides evidence of actual client settlements to prove its successes, which reviewers say are plentiful.
In its 12 years of business, CreditAssociates has resolved over $1 billion in debt across more than 218,000 accounts. All customers are eligible for a free, no-obligation debt consultation with its debt relief experts. Customers are pleased with its service and typically see results in as little as 24 months.
With multiple plan options and specialized support, Accredited Debt Relief offers personalized debt consolidation options for customers in Corpus Christi. It has also won numerous awards and recognitions. Customers call Accredited Debt Relief quick, easy and professional.
Freedom Debt Relief has resolved over $9 billion in debt, making it one of the most experienced and impactful companies in the industry. Its highly trained debt professionals resolve almost 44,000 total accounts per month using its flexible, customized debt consolidation programs. The company is a founding member of the American Fair Credit Council and follows all industry regulations.
Since 2002, Pacific Debt, Inc. has settled over $200 million in debt. The company is also American Fair Credit Council-accredited. Pacific Debt does not require upfront payments and comes highly rated from customers, many of whom say it lifted a burden off their shoulders.
Debt Rx is one of the longest-operating debt consolidation firms in the U.S. This company focuses on using personalized attention and hands-on service to help customers find a specific solution that fits their needs and budget. Reviews say this attention to customers is what truly sets Debt Rx apart in Corpus Christi.