americor-2

Total Score

(1)

User Score

(1)

Woman makes payment with credit card

Settlement

Settlements are commonly negotiated by third-party agencies who help to discuss your dues with a creditor. In a settlement, it is usually discussed and agreed upon that the borrower pays the creditor a lump sum amount. This amount is usually less than what the borrower originally owes.

  • PROS:

  • Helps you quickly fix your financial problems

  • Might be more costly in comparison to paying the actual amount that you owe

  • CONS:

  • An immediate but a makeshift solution to your debt issues

  • Some lenders might not accept your settlement offer

Consolidation

To consolidate debt is to collectively combine all of your accounts and form them into one enormous, single debt. In debt consolidation, borrowers usually take out a big loan with a more affordable payment option or more moderate interest rates and use it to pay off several other creditors.

  • PROS:

  • Does not require collateral

  • More attainable payment options

  • Instantaneous and straightforward process

  • CONS:

  • May potentially decrease your credit score rating

  • Will accumulate a larger interest rate of up to 15-20%

  • More extended payment terms

Young Happy Businesswoman Calculating Bill At Home
Happy young couple with documents calculating finance at home

Personal Loans

A personal loan is a process of borrowing money from banks, credit unions, online lenders, friends, or relatives with a set interest rate and payment plan. Personal loans can be categorized into a Secured or Unsecured Loan. Secured Loans are loans that require collateral or down payment while Unsecured Loans do not require any of it.

While applying for a personal loan can be a viable option, it is also crucial to consider the proposed interest rates and repayment plans being offered to you.

  • PROS:

  • A quicker method for clearing debts

  • Viable for a short-term solution

  • CONS:

  • Lengthy approval time

  • May have higher interest rates

Americor Funding

americor-2

Ideal Customer: Over $15,000 in debt

Total Score

(1)

User Score

(1)

Total Score

(1)

User Score

(1)

Price - % of Debt
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Accreditations
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Free Consultation
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Min. Debt Accepted
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Money-Back Guarantee
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Number of Reviews
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User Rating 1 (1 vote)
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User Rating 1 (1 vote)

WARNING:

A pattern of consumer complaints and/or regulatory actions prevents us from recommending this company.

Contact Information

Website: americor.com
Email: Contact Form
Address: Americor Funding, 18200 Von Karman Ave, Suite 600, Irvine, CA 92612
Client Support Hours: Monday - Friday: 9am to 5:30pm PST

WARNING

A pattern of consumer complaints and/or regulatory actions prevents us from recommending this company.

Americor Funding

Name: Americor Funding

Description: WARNING: A pattern of consumer complaints and/or regulatory actions prevents us from recommending this company.

Price range: $10 - $30

Payment accepted: Credit Card

Currencies accepted: USD

Address: 18200 Von Karman Ave, Suite 600, Irvine, CA 92612

Telephone: 866-333-8686

  • Americor Funding Review
    (1)
1

Summary

WARNING: A pattern of consumer complaints and/or regulatory actions prevents us from recommending this company.

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User Review
1 (1 vote)
Comments Rating 0 (0 reviews)

americor-2

Americor Funding

WARNING: A pattern of consumer complaints and/or regulatory actions prevents us from recommending this company.

WARNING:

A pattern of consumer complaints and/or regulatory actions prevents us from recommending this company.

Settlement

VS

Consolidation

VS

Personal Loans

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3 Comments

  1. Avani W October 16, 2019
  2. Nate B October 19, 2019
  3. Myra T October 22, 2019

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