CareOne Debt Relief Services Review

Overview

CareOne Debt Relief Services is not only a debt consolidation service; it also offers a wide range of different debt management plans and ongoing financial counseling. The team at CareOne understands that debt settlement can be risky and only advises you to use this service if necessary and no other debt relief plan is applicable to your situation.

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This company was established in 2004 and since then it has developed solid relationships with many creditors. This gives CareOne a significant advantage as the company has the trust of creditors and the knowledge to negotiate the best debt consolidation plan on your behalf. CareOne can negotiate with all your creditors simultaneously, including large creditors like Wells Fargo, Chase and others. This way, you will get the best debt relief solution in a reasonable amount of time.

Minimum Debt AmountMaximum Debt AmountFees
$2,500Not SpecifiedOne-time fee or monthly fee depending on the debt relief plan

How it Works

You will first begin by speaking to a professional debt relief specialist at CareOne. You should be prepared to answer a variety of questions regarding your financial situation and your debt. After the debt relief specialist has all of your information, a personalized debt relief plan will be created for you. If you can afford a monthly payment, a debt management plan will be given to you. If you cannot afford the monthly payment then a debt settlement plan will be given to you. CareOne will first negotiate with your creditors to lower your interest rates and consolidate your debt. This can be done by way of a monthly payment or a single payment, depending on how much you can afford.

Features

In addition to a personalized debt relief plan, you will also have access to a number of other tools and features. Firstly, CareOne Debt Relief has a variety of money management tools including a learning center which can help you learn about budgeting and financial planning. CareOne also has a ‘Tip Jar’ that offers advice on important financial topics such as home maintenance costs, debt relief, how to earn extra income and more. This company also offers financial newsletters and articles that can further your knowledge and understanding of debt relief and money management.

Accreditation

CareOne Debt Relief Services has been accredited by a number of respected organizations including TRUSTe, McAfee and BBB.

Fees

The fees will vary depending on the amount of debt but usually the one-time fee is equal to about 30% of the debt owed. The exact one-time fee or monthly fees will be determined on the laws of your state as well as the debt that you owe. The fees can seem like they are fairly high but in many cases CareOne can negotiate your debt to about half of its original size making the fees well worth the service.

Quality of Service

The representatives at CareOne Debt Relief Services are polite and knowledgeable. They will work with you and your creditors to lower your payments so you can get out of debt. Your debt relief plan will be tailored to your financial situation.

Address

9755 Patuxent Woods Drive, Suite 100

Columbia, MD 21046

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