American Credit Card Solutions debt relief review

American Credit Card Solutions details

• Services offered. Debt settlement
  
• Free consultation. Free initial evaluation within a few hours of filling out its online form
  
• Costs. No upfront costs — settlement fees range from 15% to 25%, depending on your state of residence and amount of debt
  
• Types of debt accepted. Unsecured debt, including unpaid credit cards, personal loans and medical bills
  
• Minimum debt considered. $10,000
  
• Typical turnaround. Two to four years on average
  
• Ratings, accreditation and memberships.
  • Ratings. A+ rating and 4.9 out of 5 stars on the Better Business Bureau, 4.7 out of 5 stars on Trustpilot
  • Accreditations. Better Business Bureau
  • Memberships. None stated
    
• Direct or third-party negotiations. Direct negotiations
  
• Service limitations. Licensed in 25 states
• Free resources or tools. Debt relief calculator, free monthly budget planner
  
• Customer service options. Phone, email
  
• Other details. 30-day trial period with full refund of settlement fees, minus any fees from settlements that have already closed

How much does it cost?

There’s no upfront cost to use American Credit Card Solutions. You will only pay a fee after a settlement has been reached with your creditors. Settlement fees vary by state and your total debt load, but are usually between 15% and 25% of your account balance.

How much could I save with American Credit Card Solutions?

It varies by how willing your creditors are to negotiate, how much debt you have and how fast you’re able to build up your savings. In some cases, you may be able to save thousands of dollars off your total debt load. American Credit Card Solutions highlights a few of its clients on its website, with many saving anywhere from $2,000 to over $15,000.

What are the pros and cons of American Credit Card Solutions?

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Name	Product	Costs	Requirements
National Debt Relief		18–25% of total enrolled debt	Must have a legitimate financial hardship which is preventing the ability to pay creditors and a minimum of $7,500 in debt.	Get back on your feet with a top-rated debt relief company that works with multiple types of debt.	Check my rate View details		loading Fetching your data...
Freedom Debt Relief		Monthly payment based on enrolled debt, no upfront fees	Must have at least $7,500 in unsecured debt and live in a serviced state.	Freedom Debt Relief is a debt settlement company that works to help people with unmanageable, unsecured debt get back on their feet.	Check my rate View details		loading Fetching your data...
Accredited Debt Relief		Charges and fees vary by the company you're ultimately connected with	Must be at least 18 years old and a legal US resident; additional terms may apply based on services and products used.	This A+ BBB-rated service offers free consultations to lower your monthly payments help you get out of debt faster.	Check my rate View details		loading Fetching your data...
Pacific Debt		15%–25% of total debt enrolled. Fees vary by state of residence.	Reside in a state where PDI’s services are available and have $10,000+ of debt to enroll	Check my rate View details		loading Fetching your data...
Consolidated Credit		Fees regulated by client's state of residence, can range from$0 to $69 with an average monthly fee of $35. No upfront or contingency fees.	Debt must not be payday loans or secured loans.	This debt settlement alternative can help you find a path to financial freedom.	Check my rate View details		loading Fetching your data...
American Credit Card Solutions		No upfront costs — settlement fees range from 15% to 25%, depending on your state of residence and amount of debt.	Must live in a state that American Credit Card Solutions serves, $10,000+ in unsecured debt, legitimate financial hardship which is preventing the ability to pay creditors	Overall positive customer ratings — but it's only available in 25 states.	Check my rate View details		loading Fetching your data...

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What do customers say about American Credit Card Solutions?

American Credit Card Solutions receives positive ratings on both the Better Business Bureau (BBB) website and Trustpilot as of May 2020. In fact, there are only six complaints listed on its BBB page — and only four negative reviews on Trustpilot. These customers had issues with the time it takes for the settlement process and were upset that some costs weren’t disclosed at the beginning. The positive reviews were much less specific, but in general, customers said they had a positive experience and that their settlements were relatively painless.

Is it safe to use American Credit Card Solutions?

Yes, though no website can ensure your information stays 100% secure. American Credit Card Solutions does its part by encrypting any details you enter online. It also has a transparent privacy policy in which it clearly states it won’t sell your personal information and only shares details necessary to do business on your behalf. If you choose to pursue debt relief with American Credit Card Solutions, your savings will be kept in an FDIC-insured savings account that you control.

How do I get started?

You can get started by filling out a simple online form on the American Credit Card Solutions website. Follow these steps:

1. Click the Go to Site button on this page to be redirected to the American Credit Card Solutions online form.
2. Enter your full name, date of birth, contact information and address.
3. Select the amount of debt you have.
4. Read American Credit Card Solutions’ disclosures.
5. Click Click for a Free Evaluation to submit your information.

An American Credit Card Solutions representative will call you to discuss your options. You can also reach out directly by emailing info@americancreditcardsolutions.com or calling American Credit Card Solutions at 877-820-2954. Representatives are available Monday through Thursday from 9 a.m. to 6 p.m. ET and Friday from 9 a.m. to 5 p.m. ET.

I’ve signed up. What happens next?

After you sign up, American Credit Card Solutions will open a savings account in your name. You will begin depositing monthly payments into your savings account and stop paying your creditors — letting your debt become delinquent. American Credit Card Solutions will begin negotiating with your creditors once you’ve built up your savings, and that money will then be used to pay off your debt. Negotiation typically begins a few months after you’ve begun the American Credit Card Solutions debt settlement program.

If you aren’t able to make monthly payments, American Credit Card Solutions will modify your payment schedule to help balance your debt with any financial hardship you face. And if you decide you don’t want to work with American Credit Card Solutions anymore, you’ll receive all of the funds in your savings account — minus any fees from successful settlements.

Before you sign on with American Credit Card Solutions, compare your other debt relief options to ensure you’re getting the best settlement possible.

Frequently asked questions

• Will using American Credit Card Solutions lower my credit score?

  At first, yes. You will be required to stop making payments on your credit card and loan accounts. These missed payments will be reported to the major credit bureaus, which will lower your score. However, once your debt settlement has finished and your accounts are paid off, your credit score may improve.

• Can I be sued when I stop making payments?

  Yes. Whenever you stop making payments, there is a chance a lawsuit may be filed against you. While no customers have left negative reviews about lawsuits, one person did note that American Credit Card Solutions didn’t appropriately inform her that it was a possibility.

• Are there any ineligible debts?

  Yes. American Credit Card Solutions only works with unsecured debt. Mortgages, car loans and other secured debts aren’t eligible for debt settlement through American Credit Card Solutions.