Best Debt Relief Companies for January 2025

investopedia.com:

Lowest fees among the best debt settlement companies

Nationwide availability (except for three states)

Highest-rated company that works with credit card debt

Doesn’t offer live web chat

Residents of Oregon, Vermont, and West Virginia are not eligible

Savings account fees are not provided

We picked National Debt Relief (NDR) as the best overall debt settlement company because it beat the competition in just about every respect. NDR will attempt to help you settle your outstanding debt for less than you owe; if it’s successful, it charges 15% to 25% of the settled debt. NDR works with many common types of debt, including credit cards, lines of credit, personal loans, collection accounts, and even business debts. 

You’ll need to be at least $7,500 in debt to work with National Debt Relief, which is a bit more than most companies we researched. NDR is accredited by two well-known names in the industry: the American Association of Debt Resolution (AADR) and the International Association of Professional Debt Arbitrators (IAPDA).

National Debt Relief has good customer reviews for the most part, too. It scored 4.7 out of 5 on Trustpilot, with over 40,000 reviews, and 4.7 on the Better Business Bureau (BBB) with over 5,000 reviews.But the company isn’t transparent about the fees involved with the savings account that you’ll need to open as part of the process, and those fees can add up quite a bit over the months it takes to resolve a debt settlement program. (You’ll usually have to pay those fees with any debt settlement company.)

National Debt Relief was founded in 2009 and has headquarters in New York City.Read more in our full National Debt Relief review.

By law, debt relief companies can’t charge upfront fees.So, you’ll