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Americor debt relief review 2025

How to decide if Americor's debt relief service is right for you.

Available in nearly every state, Americor offers debt settlement plans for clients who owe at least ,000 in unsecured debt.

In return for a settlement fee of 15% to 25% of your enrolled debt, it will negotiate with your creditors to accept less than your original balance. Because it only charges a settlement fee if it succeeds in making a deal, we named Americor one of our top debt settlement companies

In addition to debt relief, Americor also offers a debt consolidation loan with terms of 12 to 60 months.

• How does Americor work?
• How much does Americor cost?
• Americor: Pros and cons
• How does Americor compare to other debt relief companies?
• Is Americor legit?
• How to sign up with Americor

Americor assists consumers with at least ,000 in unsecured debt, like credit card bills and personal loans, negotiate settlements with their creditors.

It operates in every state but Colorado, Oregon and West Virginia.

Like most debt settlement companies, Americor instructs clients to stop making payments to their creditors and instead deposit funds into an escrow account. Once a settlement has been reached, the money in the account is used to pay the adjusted balance and Americor's settlement fee, which can be as much as 25% of the enrolled debt.

It also facilitates a debt consolidation loan through online lender Credit9 of up to ,000, with loan terms of between 12 and 60 months.

On average, clients receive their first settlement within three to six months of enrolling in a program, but it can take 24 to 48 months to settle with all creditors. Americor claims customers save an average of 45% of their enrolled debt.

Americor guarantees no fees are charged unless it lowers your total enrolled debt.

Americor's fee ranges from 15% to 25% of the debt you enroll in its settlement service. If your enrolled debt is ,000, your fee could range from ,800 to ,800.

This fee is a portion of the amount you'll need to deposit in an escrow account while Americor negotiates with your creditors.

There may be additional charges to open and maintain the escrow account.

Before you enroll in Americor's debt settlement program, it's important to consider the benefits and downsides.

Pros

• You can withdraw from the program at any time without penalty
• A+ rating from the Better Business Bureau
• Also offers ,000 debt consolidation loan option
• You don't pay Americor a fee if it is unable to settle your debts

Cons

• Program not available in Colorado, Oregon or West Virginia
• You must have at least ,000 in unsecured debt to qualify

Americor vs. National Debt Relief

Americor and National Debt Relief are both popular debt settlement companies that work with unsecured debt relief and charge 15% to 25% of the total enrolled debt for their services. (The actual fee can depend on the state you live in.)

Clients must have at least ,000 in debt to qualify for Americor's debt settlement plan, which takes an average of 24 to 48 months to complete. National Debt Relief, on the other hand. has only a ,500 debt minimum and claims the average time to finish its program is 34 months.

Both companies operate in most U.S. states.

Americor vs. Pacific Debt Relief

Pacific Debt Relief is another highly rated debt settlement company that works with unsecured debt, collections and repossessions.

Like Americor, it only accepts clients with at least ,000 in unsecured debt and charges 15% to 25% of the total enrolled debt as a settlement fee. 

Pacific Debt Relief only operates in 30 states, however.

Founded by Benny Ganatra in 2008, Americor is a member of the American Fair Credit Council and boasts an A+ rating from the Better Business Bureau.

It claims to have helped over 200,000 individuals settle more than billion in debt since its founding in 2008.

To get started with Americor, you'll need at least ,500 in unsecured debt.

You can apply online or call 888-211-2660 to be connected with a certified debt consultant who can assess your situation.

At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every article is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of debt settlement products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.

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