subject: Is The National Debt Reduction Program A Fraud? [print this page] How do people assess National Debt Relief Program? Based on some opinions, National Debt Relief
Program is a fraud. Consumers think that the system is concerned with eliminating consumers debt.
Some people state that any person that signs up for the program is requested to stop making
transactions prior to the company thatll begin settling with debtors creditors. Even so, the
negotiations dont start until the consumer gathers up sufficient capital for the settlement. This
affects the consumers credit.
The following are some findings that consumers posted relating to the program: A means of generating
money: A post in the credit card debt forums says that National Debt Relief Program is a fraud. He
stated that the firm that offers the program do almost nothing to minimize debt obligations; instead,
the firm is more concerned on producing money. No written record: A person states that National Debt
Relief doesnt offer any published or printed documents. You are not aware of whether or not theres
an understanding between them and the creditors. He states that if you have no printed contract,
youll probably be sued by the former creditor.
Misevaluated as a Government organization: Other consumers say that they are wrong about
NDR being a government agency. Nonetheless, the firm has no link to National Debt Relief
Stimulus Plan that is a government-built system presented to people who are battling with
credit card debt. Nor does it have a relationship with National Credit Relief Agency which is a financial
advising firm.
Has anyone had a good experience using this company?
A number of people claim that theyve got something good from the National Debt Relief Program. A
couple of these responses were:
The system is useful. One consumer says that the program assisted him in eliminating his debts.
He claimed that he had settled debts totaling $80k down to $30k in a span of three years. He has
stopped receiving phone calls from his former creditors immediately after he signed up for the
program. He also said that the program helped him raise his credit scores. The firm is reputable.
Another person affirms that National Debt Relief, the firm that provides the National Debt Reduction,
possesses a B+ Rating along with the BBB and is a member of TASC, USOBA and IAPDA. He also states
that they are not a fraud firm and in fact settles with your creditors and help you overcome debts.
Its essential that a consumer should carefully study any National Debt Reduction program before
signing up. They should verify the licensing status, certification, experience and testimonials from past
clients.
by: Joseph Hernandez
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