Founded in 2007, National Loan Clearinghouse (NLC) operates as a neutral third-party administrator for the debt relief industry. The company's primary function is to provide account management and payment processing services for consumers enrolled in debt settlement programs. NLC establishes and maintains dedicated savings accounts where clients deposit funds, and then NLC disburses these funds to creditors according to the negotiated settlement agreements, providing transparency and transaction processing for all parties involved.

Founded in

United States