Debt settlement is going to hurt your credit initially. As soon as you stop paying the creditors directly, your credit will be negatively impacted and the creditors may call and attempt to solicit payments directly from you or even attempt to take legal action.
No. 99% of the time they’re going to close the credit cards you include into the program. That decision is up to your lenders, not us. We recommend not to include any credit cards you intend to continue using.
Most of your accounts should be renegotiated within the first 3-6 months as long as you're not missing payments into your plan.
Your new debt settlement program will be between 18 up to 60 months depending on the payment plan that you choose.
Please complete the application to find out what your new payment will be. On average your new payment should be about half of what the current minimum payments are today. It will be even lower if you’re including high interest loans into your plan.
$0 to sign up and get approved. Once we’ve successfully negotiated your debt a 15% settlement fee will be included with each settlement which means if we don’t settle, you pay nothing.
Debt settlement has been around for almost 35 years now so it's nothing new and all of your lenders are very familiar with the process.
As soon as you complete the application. If you have any auto payments, you will need to cancel those as well. We’re not able to cancel your auto payments.
There are no pre-payment penalties so you can pay the debt off as fast as you like. Make sure to select a payment that’s comfortable for you and when you have extra, you can just pay extra to speed up the process.