How does the Americor program work?

Americor creates a debt relief plan after a free consultation, then has you make monthly deposits into a dedicated account instead of paying creditors directly. It uses those funds to negotiate settlements for less than what you owe and charges a fee of 14% to 29% of enrolled debt after a settlement is reached.

What percentage does Americor take?

Americor charges a fee of 14% to 29% of the debt you enroll in its program, but you don't pay this fee until the company reaches a settlement with your creditors.

How long does it take to be debt-free with Americor Debt Relief?

The average time is 35 months, but it can take up to 48 months to complete the program, depending on how much debt you enroll and how quickly your creditors agree to settle.

How long does Americor ruin your credit?

Americor can lower your credit score while you're in the program, typically for two to four years. Scores often begin to recover after debts are settled and paid off, though missed payments can stay on your credit report for up to seven years.

Is Americor Advantage Law legit?

Yes. Advantage Law (formally The Law Firm of Higbee & Associates dba Advantage Law) is a licensed law firm that partners with Americor. You may be referred to Advantage Law if a creditor takes you to court while enrolled in debt settlement. However, using Advantage Law is optional, and you can hire your own attorney if you prefer.