How It Works

At the core of our client relationships lies a fundamental element: trust. We understand the paramount importance of building trust, and this begins by prioritizing listening over talking. By being attentive listeners, we gain a deeper understanding of our clients' aspirations and concerns, enabling us to create customized debt relief solutions tailored to their individual circumstances.

Our dedication to customer care sets the industry standard. We uphold our promises and consistently act in our clients' best interests. Noram Debt Mgmt takes immense pride in being recognized as the most esteemed provider of debt relief services nationwide. We hold an A+ rating and full accreditation from the Better Business Bureau (BBB). Additionally, our clients have bestowed us with top rankings and numerous accolades, including being rated #1 for Debt Consolidation by reputable sources like TopConsumerReviews, TopTenReviews, ConsumersAdvocate, and ConsumerAffairs. We have received tens of thousands of reviews and testimonials, reflecting our commitment to customer satisfaction.

Our proven track record speaks volumes. Each month, thousands of new clients embark on their journey towards debt relief, and we have successfully assisted hundreds of thousands of clients in resolving billions of dollars in consumer debt. We take great pride in our leadership within the industry and maintain active membership in respected organizations such as the American Fair Credit Counsel (AFCC) and Platinum Accreditation through the International Association of Professional Debt Arbitrators (IAPDA).

Through delivering results and upholding ethical practices, we demonstrate our unwavering commitment to assisting clients in the right way.

In addition to our signature Debt Relief solution, our clients gain access to an extensive network of partners offering various options, such as consolidation loans, credit counseling services, bankruptcy referrals, and more. Our team of debt relief experts will thoroughly review your individual circumstances and propose tailored solutions based on your situation, location, and goals.

Debt Relief forms the central aspect of Noram Debt Mgmt 's signature solution. It promptly reduces your monthly payments, alleviating cash flow pressure, and enables you to focus on achieving debt freedom quickly and affordably.

Our program is straightforward to comprehend. Instead of making payments directly to your creditors, you will deposit a monthly payment into a Dedicated Savings Account, which remains under your control. As this account accumulates funds, we will engage with your creditors to negotiate and reach agreements on reduced balances. By no longer receiving regular payments, creditors often prefer accepting a reduced amount over receiving no payment at all. Subsequently, you will authorize us to utilize the funds in your Dedicated Savings Account to pay your creditors the agreed-upon lower amounts. As accounts are settled, they should be reported back as having a zero balance.

At Noram Debt Mgmt , our commitment extends beyond ensuring affordability – we thoroughly review your budget to ensure that the solution we propose effectively alleviates financial pressure. Additionally, with the flexibility to customize your deposit schedule, you can feel more in control throughout the entire process.

Noram Debt Mgmt does have a fee for our service, but rest assured that all program fees are already incorporated into your Dedicated Savings Account deposit. Unlike other programs with hardship solutions, our fee is entirely performance-based. We earn nothing until we achieve the results you desire, ensuring you feel satisfied with the savings achieved.

The specific fees vary based on the state and the total amount of debt enrolled, typically ranging from about 15% to 25% of the enrolled debt. When compared to the thousands of dollars you might spend on credit card interest while struggling to pay off the debts, Noram Debt Mgmt offers impressive savings.

For instance, let's consider a recent client named "Mary," who owed $22,800 in credit cards and a personal loan, paying a little over $1,020 per month. With a fixed income, her priority was reducing payments and eliminating the debt burden. She opted for a $362 monthly deposit, estimated to last for 48 months (4 years) to achieve debt freedom.

Thanks to the inclusion of all fees, "Mary's" debt could be resolved for approximately $17,300 instead of an estimated $63,434 based on minimum payments.