Getting rid of debt is challenging and sometimes even impossible, but one can find loopholes in even the most extreme situations if one looks close enough.
Yes, we mean it! In this ClearOne Advantage Reviews, you will find solutions to getting rid of your debt in some way or the other. So make sure to read this till the end.
Summary
| Portal | ClearOne Advantage Reviews |
| Founded | 2007 |
| Minimum Debt Settlement Requirement | $10,000 |
| Fees | Not disclosed |
| Features | Free consultation, Credit counseling services etc. |
| Community Rating | Very strong |
| Website | Click Here |
Key Takeaways
- ClearOne Advantage offers debt settlement, debt consolidation, credit counseling, credit card debt relief, and bankruptcy solutions.
- They have an outstanding rating of 4.9/5 stars on Trustpilot.
- ClearOne Advantage is an excellent debt relief company that can help you save 30% if you owe more than $10,000 in debt.
- They do not charge upfront fees and also offer a money-back guarantee.
What Is ClearOne Advantage?
ClearOne Advantage is one of the best debt relief companies based in Baltimore, Maryland.
It offers a variety of services, including debt settlement, debt consolidation, credit counseling, credit card debt relief, and bankruptcy solutions.
Ever since its establishment in 2007, it has successfully settled more than $3 Billion in debt.
ClearOne Advantage claims that they can help you settle your debt and help you save 30%, including fees, over a period of 24 to 60 months.
You do not have to pay any upfront fees until your debts are reduced, and to get started; you just have to give them a call for a free consultation session with their certified counselors. And you know what the best part is?
Customers love ClearOne Advantage and have given it stellar ratings on various sites, which we will look at later.
Now, let’s dig a little deeper to find out more about ClearOne Advantage’s services.
Features & Services Offered
Let’s see what all services and features ClearOne Advantage offer:
1) Credit Counseling Services
If you have credit card debt, then a credit counseling service can come to your rescue.
So what credit counseling does is that it combines all your credit card debt into one low-cost payment, and then you are asked to make this monthly payment to your credit counseling agency (CCA) directly, and they instead deal with your creditors directly.
CCAs are a great help because they lower your interest amount through their excellent negotiation skills.
2) Debt Settlement
If you owe more than $10,000 in debt, then you might want to consider debt settlement.
This works similar to credit counseling, and your amount gets reduced to almost half if you choose debt settlement, but it will also severely impact your credit score.
If you have taken a loan from more than one creditor, debt consolidation is a better option.
In debt consolidation, all your payments are combined into one, and then the payment is made accordingly by your agency. Debt consolidation is a great option to reduce your overall debt amount.
4) Educational Resources
Go to ClearOne Advantage’s website. You will see many educational blogs that will answer all the necessary questions that may arise in your mind about anything related to debt.
Pros And Cons
Pros
- Stellar customer reputation
- Provides personal consultant
- No upfront fees
- Accredited by IAPDA and AFCC
- 90-day money-back guarantee
- Website has helpful blogs
Cons
- Requires $10,000 in debt
- Only available in 22 states
- Lacks transparency
Pricing
ClearOne Advantage offers free consulting and does not charge any upfront fees.
However, they will charge you some percentage of the total enrolled debt until your debt amount is reduced.
They have not disclosed their fees because everyone’s financial situation differs, but they might charge you somewhere around 20%-25%.
Minimum Debt Amount
You are required to have at least $10,000 in debt if you want to avail of their services.
Types Of Debt Addressed
These are the following kinds of debt options that you can get help for:
- Unsecured loans and lines of credit
- Credit card debt
- Student loans
- Medical bills
- Personal loans
How To Get Started?
Follow these simple steps to get started with ClearOne Advantage:
1) Go to ClearOne Advantage’s website and click on “get started now.”
2) Now enter your total debt amount.
3) Now, fill in your email id and ZIP code.
4) Fill in your phone number and name, and click on “See my savings.”
5) Lastly, fill in your date of birth and street address, and click view estimate.
Once you submit all this information, ClearOne Advantage will do a soft pull of your credit score, and one of their certified counselors will contact you to discuss what they can offer and how they can help you deal with your debt.
This counseling will be free of cost, and it will take around twenty minutes to complete. Once you both are on the same page, you can begin with your debt settlement journey.
Customer Service
ClearOne Advantage has excellent and supportive customer support.
To get in touch with them, you can either send them an email at [email protected] or call them at 1-888-340-4697 between 8:00 am to 11:00 pm (EST) from Monday-Friday, or 9:00 am to 7:00 pm (EST) from Saturday-Sunday.
NPC ClearOne Advantage Ratings
| Type | Rating |
| Customer Service | 4.8/5 |
| Responsive | 4.8/5 |
| Affordable | 3.8/5 |
| Debt Settlement help | 4.8/5 |
| Ease of use | 4.8/5 |
Customer Ratings And Reviews
ClearOne Advantage has an outstanding rating of 4.9/5 stars on Trustpilot given by 6,997 customers.
Reading customer reviews is a great way to know how good a company is in the eyes of real-time customers, and ClearOne surpasses its competitors in this regard.
What Differentiates It?
ClearOne Advantage does not really have anything out of the box to offer; it addresses the same kinds of debts, charges the same amount, and gives the same kind of solutions to its customers as compared to its competitors, but what still differentiates it is that it does not feed us with hollow promises and a huge number of people trust their service and have found their help effective.
You can go through n number of customer reviews online and see for yourself how they genuinely try to help you come out of debt.
Our Experience
We called ClearOne Advantage for a free consultation session.
The call lasted for fifteen-twenty minutes, and we filled them in with our current financial situation, but we were not eligible for their service as our loan amount was less than $10,000.
However, they did educate us on ways in which we can avoid getting into debt any further, and they also told us about options that would be best suited to help us.
Comparison
| Company | ClearOne Advantage | DebtWave |
|---|---|---|
| Founded | 2007 | 2001 |
| Minimum Debt Settlement Requirement | $10,000 | $5,000 |
| Features | Credit counseling services, educational blogs, etc | Free consultation, Free educational materials |
| Fees | Not revealed | $49 monthly fee. |
| BBB rating | A+ | A+ |
| Trustpilot Rating | 4.9/5 | 4.9/5 |
How We Review Debt Settlement Companies?
We review debt relief companies based on a couple of factors which include:
- Minimum debt settlement amount required.
- Fees they charge.
- The time they take to settle your debt.
- Customer reviews and online reputation.
- Types of debt addressed.
- Features and services offered.
Final Verdict
ClearOne Advantage is an excellent debt relief company that can help you get rid of your debt if you owe more than $10,000 with a total saving of 30%. It is our personal favorite, and we recommend going for it.
Hope you found this ClearOne Advantage review helpful.
FAQ’s
Is ClearOne Advantage legit?
ClearOne Advantage is AFCC and IAPDA accredited, and it is one hundred percent legit.
ClearOne Advantage is available in how many states?
ClearOne Advantage is available in 22 states which are AK, AZ, AR, AL, CA, IA, IN, FL, LA, KY, MA, MI, MD, NE, MO, NC, NY, NM, VA, PA, OK, TX.
Do I have to pay tax on my settled debt?
Yes, you will have to pay tax if your settled debt amount exceeds $600.
Does debt settlement negatively affect my credit score?
Yes, debt settlement affects your credit score drastically as it requires you to stop making payments to your creditors.
What is a better alternative to debt settlement?
You can go for debt consolidation instead of debt settlement if you want your credit score to impact less.
Shefali Jain is a Content Editor & Writer at National Planning Cycles.
After completing her graduation in hospitality, Shefali decided to follow her passion and started writing. Shefali has been writing for two years now and contributes to our website as a skilled editor and content writer with strong research skills. Writing product and service reviews, biographies, and book reviews are some of her key areas, among many others in which she specializes.