Established in 2008, American has been helping Americans through its debt consolidation services. The company is accredited by the International Association of Professional Debt Arbitrators, the American Fair Credit Council, and the Better Business Bureau. They are not, however, regulated by the US government. This means they can provide their services without restrictions to anyone in need, but they are also not liable if their services cause harm to the client.

• Debt Amount: More than $10,000

• Type of Provider: Direct Online Provider

• Terms: 24-48 months

• Best for: Individuals with credit card debt

Americor provides debt settlement and debt consolidation services for unsecured debt such as hospital, medical, credit card, personal, business debts, and overdue rent.

Interested clients can provide their debt amount in the online form including other personal details and wait for one of their representatives to call. If you are eligible for their services, they will create a special account under your name where you will send payments instead of directly paying your creditors. Once you reach and agree on a settlement, you need to pay the fee for their services, which is usually a percentage of the total debt amount settled. The expected timeframe for the complete debt consolidation process ranges from 24 to 48 months.

Americor doesn’t have a long list of criteria that clients should meet to become eligible. You must be a US citizen located in a state where they offer services, are of legal age, and have at least $10,000 of debt. Other than these criteria, there are no strict requirements that could hinder your application.

America employs standard measures in terms of security for clients’ data and finances. The company has a positive reputation online overall in addition to the multiple accreditations it has. Its Better Business Bureau profile has an A+ rating while the TrustPilot page has 4.8 stars from 5,342 reviews and an excellent rating. You can find out everything you need to know about its security on the company website’s privacy policy page.

In terms of the fees for their services, Americor will charge 25% of the settled debt amount which will be paid at the end of the promised turnaround time. According to the company, previous clients have saved up to 50% on average with the help of their services. Remember to not take this number at face value as it can be affected by various factors.

There are several ways for clients to reach Americor’s support team. If you are a new client, just click on “view plan”, fill out your details and wait for a representative to call you back. Existing clients can direct their inquiries to cs@americor.com. You can also call using the number in our comparison chart. New clients can consult with their team Mondays to Fridays every 6 AM – 7 PM PST, and Saturdays 6 AM – 5 PM PST. Normal customer hours for existing clients are Mondays to Friday, 7 AM – 6 PM PST. Weekend customer support is unfortunately not available.

Americor is a debt consolidation company that focuses on helping individuals manage their debts. Although it is not entirely unique when compared to competitors, it does provide a good range of services and benefits. One downside is that the company website has limited information on the fees they charge for a service, the steps of their application process, and other resources that could help clients and not steer them to a more informative debt consolidation company.