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Americor

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6.0

Overall Score

Author: Jenna Vasquez

LAST UPDATED: March 10th, 2022

Americor is a debt relief company based in Irvine, California. The company has relieved more than $2 billion of debt. Its more than 400 employees provide debt settlement services to borrowers with at least $3,500 of debt. 

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The Good

  • Accreditations
  • No Upfront Fees
  • Simple Process

Accreditations

Americor has been certified by the American Fair Credit Council, the International Association of Professional Debt Arbitrators, and the Receivables Management Association.

The American Fair Credit Council is a consumer advocate group and the leading debt settlement company association. Certification by the American Fair Credit Council signifies adherence to a strict code of conduct, regulatory guidelines, and industry best practices. Additionally, all American Fair Credit Council members agree to not charge customers until after successfully negotiating their debt. 

The International Association of Professional Debt Arbitrators’ certification communicates that a debt settlement company is committed to a high level of training and certification. 

Companies that are certified by the Receivables Management Association must pass the association’s background check and adhere to industry best practices. 

No Upfront Fees

Like many other reputable debt settlement companies, Americor doesn’t charge customers for its services until after it has settled their debt. 

Simple Process

Americor offers a simple path to debt relief. You submit how much debt you have and the company provides you with available debt relief options.

Then, the company helps you apply for the right debt relief plan, and if accepted, you are enrolled and assigned a negotiator that will work to settle your debts with your creditors. Typically, negotiators are able to settle for 50–60 percent of the original balance.

After you have completed the program, you work to pay off your remaining, lower debts, and ultimately achieve a debt-free life.

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The Bad

  • Limited Services
  • Lack of Website Information

Limited Services

While some debt relief companies offer multiple kinds of services, Americor appears to offer only debt settlement services, and not debt consolidation or credit counseling. 

Lack of Website Information

The information available on the Americor website is scant and doesn’t include specifics such as how much the company charges for its debt settlement services.

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The Bottom Line

Americor offers debt settlement services in 34 states from its headquarters in Irvine, California. 

The debt relief company has numerous certifications, which speak to the company’s commitment to ongoing training, adherence to industry best practices, and compliance with regulatory guidelines. 

In particular, Americor’s certification through the American Fair Credit Council means the company does not charge for its services in advance. Americor customers can rest assured that they won’t be charged unless and until the company successfully settles their debt.

Americor appears to offer only debt settlement services. Those who are interested in debt consolidation or credit counseling services will need to look elsewhere.

Unfortunately, the company’s website doesn’t offer much additional information. Interested customers should contact Americor directly to find out whether the company is a good fit for their financial situation.

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We'll Introduce You!

Call our recommended rep over at Americor below.

1-(844) 939-3291

Star Rating

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4.5

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113 Reviews

Review Breakdown

5 grade

77%

4 grade

12%

3 grade

4%

2 grade

1%

1 grade

6%

Sentiment Criteria

Value

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Quality

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Service

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Trustworthiness

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Verified Customer

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Review Source

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Marsha

It was pretty responsive, the follow ups are very timely so I really didn't have a problem in terms with the customer service it was fine. I talked to another company and their rate is a little lower the monthly pay back was a little lower, not significantly but it was lower. I don't really have much experience or haven't been a customer for a very long but it's just my initial research it seems like the rate could be a little lower. They've been doing this for a while so they're pretty good at it so I think everything is probably just kind of research of the other rate and best rate offer out there maybe to have an idea what their competitors are offering.

4 years ago

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Reply from Americor

Thanks for your review Marsha, we're happy to have you enrolled to help you become debt free and thanks for choosing Americor!

Nov. 29th, 2021

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Eileen M Ainslie Little Rock, AR

Americor did exactly what they said they would. They were informative and easy to deal with. The only reason I don't rate them a 5 is because no one is perfect. I would advise anyone considering debt settlement to look very closely at the fees. They are (in my opinion) a bit high. But, you get the convenience of not having to deal with the negotiations.

4 years ago

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James

I'd recommend them. I had trouble when I first got it that day I couldn't get a hold of anybody until I finally got online and then I got a phone number that somebody answered the phone. They may explain how their system works in covering my automatic payouts you know they left me hanging in there and I'm still still not getting it, I have one credit card company that's covered with the agreement and they're still they're sending me all kinds emails and I haven't been paid yet.

4 years ago

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Reply from Americor

Hi James, thanks for your recommendation! We're glad you chose Americor to help you pay off your debt and save money in the process, happy to have you in the family!

Nov. 29th, 2021

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Brittani

Their people are always friendly. The initial representative I spoke to was great about follow up. She looked for options that suited me. I can appreciate not having to pay an additional amount and that they reduced my monthly rate by a whole lot of money. They gave me a realistic timeline. Everyone was on the same page.

4 years ago

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Reply from Americor

Thank you for the great review! We're so happy you had a good experience with us. We look forward in building a lasting relationship with you. Please feel free to give us a call anytime if you have any questions.

Nov. 29th, 2021

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Jamie Cox Soledad, CA

It was confusing at first. We didn't like the fact it took so long to negotiate the claims. I would have like it more if there could have been calls made for negotiations then come up with a total then started the payments.

4 years ago

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Joyce Goforth Franklin, IN

The service is amazing. The monthly payment I am making is almost the same amount I was making with the companies.

4 years ago

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Reply from Americor

Thanks for sharing your satisfaction with our service Joyce, we're happy to help you achieve debt freedom! Thanks for choosing Americor!

Jan. 5th, 2022

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Ezequiel

Really good customer service. They did a good calculations saving money. It was really accurate and precise, fast also.

4 years ago

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Reply from Americor

Thanks for sharing your satisfaction with our service Ezequiel, we're happy to help you achieve debt freedom! Thanks for choosing Americor!

Nov. 29th, 2021

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Nancy Fiori Bergland, MI

Having to deal with the phone ringing so many times a day and wondering if it will ever end

4 years ago

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Rebecca

They listened and were able to answers my questions without having to think too much.

4 years ago

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Reply from Americor

We're happy you've been able to connect easily with the team to answer your questions Rebecca, thanks for choosing Americor to help you get back on track financially!

Nov. 29th, 2021

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David

They messed up my one of my credit cards. They explained everything that went through

4 years ago

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Reply from Americor

Thank you for sharing this with us David! We're glad to hear our team thoroughly explained the process and program to you and thank you for trusting our process to resolve your debt!

Nov. 29th, 2021

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Michael Schwartz Citrus Heights, CA

Easy-to-use and hassle free. They kept me up to date on all transactions.

4 years ago

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Reply from Americor

Hi Michael, thanks for this review! We're happy to see our team has provided you with exceptional service thus far and we're glad you chose to enroll with Americor to help you become debt free!

Dec. 22nd, 2021

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Janell

Customer service is very confident in what they were doing and very nice.

4 years ago

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Reply from Americor

Hi Janell, thank you for sharing your experience with us! Our team understands debt happens and can become difficult to manage, so we've created a plan that will help get you back on track as quickly as possible. We're happy you've chosen Americor to guide you on your debt free journey!

Nov. 29th, 2021

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Rhonda DeNillo Jeannette, PA

Friendly staff, still feel a little out of the loop

4 years ago

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Steven D. Capello Redondo Beach, CA

So far, all has been good. Just what was promised

4 years ago

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Reply from Americor

Thanks for the review, Steven! It's our goal to be as transparent and communicative with you during your journey and we're happy to see our team's service has met your standards and needs! Thank you for choosing Americor to help you get out of debt!

Dec. 22nd, 2021