Debt Relief ClearOne Advantage: Costs, Fees, and What to Expect

Debt can feel like a heavy backpack you carry everywhere. If you’re struggling with credit card balances, medical bills, or other unsecured debts, companies like ClearOne Advantage, LLC promise to lighten the load. But before you jump in, you probably want answers: What does debt relief ClearOne Advantage really offer? How much will it cost me? Are there hidden fees?

This guide breaks everything down in simple language. We’ll look at the services offered by ClearOne Advantage, explain their costs and fees, and help you understand exactly what to expect if you decide to sign up.

Key Takeaways

• Debt relief ClearOne Advantage helps reduce what you owe through creditor negotiations.
• ClearOne Advantage, LLC charges 15%–25% fees only after successful settlements.
• Programs usually last 2–4 years, depending on your debt amount and consistency.
• Best for unsecured debts like credit cards, personal loans, and medical bills.
• You’ll save money overall, but your credit score may take a temporary hit.

What Is Debt Relief ClearOne Advantage?

ClearOne Advantage is a debt settlement company that negotiates with your creditors to reduce the total amount you owe. Instead of paying your full balances, you make monthly deposits into a dedicated account. Over time, ClearOne uses those funds to settle your debts for less than what you originally owed.

• Founded: 2008
• Location: Based in Baltimore, Maryland
• Focus: Helping people with unsecured debts (like credit cards, personal loans, or medical bills)
• Not covered: Secured loans such as mortgages or auto loans

ClearOne Advantage has worked with thousands of customers across the U.S. and claims to have resolved billions in debt.

Services Offered by ClearOne Advantage

ClearOne isn’t a one-size-fits-all service. Here are the main things they provide:

1. Debt Settlement Programs

Their core service is negotiating with creditors to reduce your balances. Instead of paying the full amount, you agree on a reduced lump-sum settlement.

2. Personalized Debt Plans

When you enroll, a ClearOne advisor reviews your debts and income. Together, you set up a monthly payment that fits your budget.

3. Dedicated Account Management

All your payments go into a special account in your name. You control it, but ClearOne manages negotiations with creditors using the funds you save.

4. Customer Support and Guidance

They provide updates, reminders, and ongoing support throughout your program. You’ll get alerts when a debt is successfully settled.

Table: Quick Look at ClearOne Advantage Services

Service	What It Means	Benefit for You
Debt Settlement	Negotiates lower payments with creditors	Pay less than full balance
Personalized Plan	Tailored monthly savings schedule	Fits your budget
Account Management	Secure, separate savings account	Transparency and control
Customer Support	Regular updates and guidance	Less stress, more clarity

Costs and Fees of ClearOne Advantage

One of the biggest questions people have is: How much does debt relief with ClearOne Advantage cost?

Here’s what you should know:

• No upfront fees – By law, debt settlement companies cannot charge you before they settle at least one of your debts. ClearOne follows this rule.
• Performance-based fees – You only pay after a successful settlement.
• Average fee range: 15%–25% of the total enrolled debt.

Example:

If you have $20,000 in credit card debt and ClearOne settles it for $12,000, you might pay around $3,000–$4,000 in fees. That still leaves you paying less than your original balance.

What to Expect When You Enroll

Enrolling in debt relief with ClearOne Advantage is not a quick fix. Here’s what the process usually looks like:

Step 1: Free Consultation

You’ll start with a phone call where they review your financial situation. They explain how much you could save and whether debt settlement is the right option.

Step 2: Program Enrollment

If you decide to join, you’ll stop making payments to creditors and start depositing money into your dedicated account.

Step 3: Creditor Negotiations

ClearOne’s team begins reaching out to creditors. This process can take a few months because they want to build up enough funds in your account first.

Step 4: Settlements and Payments

As funds grow, ClearOne negotiates settlements one by one. You’ll be notified and asked to approve each deal.

Step 5: Graduation

Most people complete the program in 24–48 months, depending on debt size and payment consistency.

Pros and Cons of Using ClearOne Advantage

Like any debt relief option, ClearOne Advantage has benefits and drawbacks.

Pros

• No upfront fees
• Potential for significant debt reduction
• Personalized payment plans
• Accredited by the American Fair Credit Council (AFCC)

Cons

• May impact your credit score (since you stop paying creditors directly)
• Fees can be high compared to other options like nonprofit credit counseling
• Not available in every state
• Doesn’t cover secured debts like car loans or mortgages

Comparing ClearOne Advantage to Other Debt Relief Options

Debt relief isn’t the only way to handle large balances. Depending on your situation, you might also consider credit counseling or a debt consolidation loan. Here’s how ClearOne stacks up:

Feature	ClearOne Advantage (Debt Settlement)	Credit Counseling	Debt Consolidation Loan
Goal	Settle debts for less than you owe	Repay debts in full with lower interest	Combine debts into one loan with lower rate
Fees	15%–25% of enrolled debt	Small monthly fee ($25–$50)	Loan interest (varies by credit)
Impact on Credit	Short-term negative (missed payments)	Neutral to positive if payments on time	Neutral to positive if payments on time
Debt Reduction	Yes — pay less than original balance	No — you pay full balance but with lower rates	No — you repay full balance over time
Program Length	24–48 months	3–5 years	3–7 years
Best For	People with $10,000+ in unsecured debt who can’t afford minimum payments	People who can pay monthly but need lower interest	People with good credit who qualify for lower-rate loan

Key Takeaway: ClearOne Advantage may save you the most money if you qualify, but it comes with credit score risks. Credit counseling and consolidation loans are safer for credit, though you’ll still repay the full amount.

FAQs

1. Is ClearOne Advantage a legitimate company?

Yes. ClearOne Advantage, LLC is accredited by the AFCC and Better Business Bureau. They have been in business since 2008 and have helped thousands of clients.

2. How much debt do I need to qualify?

ClearOne typically works with people who have at least $10,000 in unsecured debt.

3. Does debt settlement hurt my credit?

Yes, in the short term. Since you stop paying creditors directly, your score may drop. However, once your debts are settled, you can rebuild.

4. Can ClearOne Advantage stop collections or lawsuits?

They can negotiate settlements, but they cannot legally stop creditors from taking action. Settling debts quickly reduces the risk of lawsuits.

5. How long does the program take?

Most clients graduate in 24–48 months, depending on how much debt they have and how much they deposit monthly.

Final Thoughts

If you’re drowning in debt, ClearOne Advantage, LLC can be a real lifeline. Their debt relief programs give you a chance to settle what you owe for less, without upfront costs. Still, it’s important to weigh the impact on your credit and compare other options like nonprofit credit counseling or debt consolidation loans.

At the end of the day, debt relief ClearOne Advantage can help you breathe easier, but the journey takes patience, consistency, and the willingness to commit to a long-term plan.