CareOneCredit is a group of credit
counseling services that has been around since 2002 and distinguishes
their service by treating people as people not just as customers. Each
member of CareOne Credit Counseling(SM) services must provide
consistent, high quality services such as 24-hour, seven-day-a-week
accessibility and face-to-face counseling.
CareOne Services, Inc. is BBB Accredited business since 06/30/2004.
Based on BBB files, this company has a satisfactory record. The BBB
processed a total of 55 complaints about this company in the last 36
months. Of the total of 55 complaints closed in 36 months, 25 were
closed in the last year.
How CareOneCredit Works
There are two types of debt consolidation plans available, a debt
management plan or a settlement plan. You will work with a certified
coach who is expert in debt management to determine which plan is right
for you. Once you find what you agree is affordable, they will work with
your creditors to reduce interest rates and eliminate late fees.
If you enroll with their debt relief program you will need to pay a
set-up fee and a monthly service fee. They then provide electronic
payment processing linked to creditors to reliably process your payments
to creditors each month. You will be able to access to money management
education and other resources to help you build a sound financial
future.
Pros and Cons
Some clients reported that they have positive experience and succeed
making new payment plans with the company. You can expect, though, to
find one complaint or two on the place such as ripoffreport.com.
Their website looks professional and has a community forum with a fair
amount of activity.
CareOneCredit is a for profit business. Even though they have list of
testimonials from satisfied clients, if you are considering enrolling in
their debt relief plan make sure you can afford the payment because you
cannot miss even one.
Is CareOneCredit Right for You?
You can qualify for their debt relief program if you have a total debt
load between $2,500 and $10,000 in unsecured debt, two or more accounts
and source of income. Just fill out the online application with
CareOneCredit to learn what they can offer you.
Once complete, they contact you and discuss the services they can
provide to best help your situation. Don't worry; there is no commitment
on your part. After a representative contact you to discuss their
services you can decide whether to proceed with their assistance or not.
List of Testimonials from Satisfied Clients
"Thank you for all your assistance. I could not have made it through the
past year without your help. I would recommend your program to anyone
looking for help with debt management issues." - Linda S., Opa Locka, FL
"I've saved hundreds in interest and I now have the ability to double up
on my payments to get those bills paid off faster!" - Renee G., Sumner,
IL
"I don't know what I would have done without this program. It has been a
tremendous help... my debt is almost completely gone!" - Tracey M.,
Detroit, MI
"We now have a plan to get out of debt. Before, we were headed for
bankruptcy for sure. But after we signed up for CareOne's plan, we knew
where we were going." - Joseph T., Smithfield, UT
"CareOne has helped me consolidate my debt into a monthly payment I can
afford. Best of all, the phone calls from creditors have stopped. I've
gotten the results I've wanted." - Frank B., Newberry, FL
