Debt Relief

Top 5 Debt Relief
Services in

Key Highlights
  • Best For Settlement & Consolidation
  • No Upfront Fee
  • Easy, Transparent Process
  • Last Updated: June 2023

    Accredited Debt Relief
    • No Upfront Fees
    • Can Work With Multiple Types Of Debt
    • A+ BBB Rating
    • Total Debt Should Be $10,000+
    Visit Site Request Call Back
    Citizens Debt Relief
    • Easy Sign Up With No Upfront Fees
    • Great Reputation & Reviews
    • Free Consultation With No Hard Credit Checks
    • Must Have At Least $7,500 In Debt To Qualify
    Visit Site 1-(855) 537-1401
    PlanComparison Recommends
    • Simple Questions. Multiple Personalized Offers
    • Free, No-Risk Consultation From Leading Experts
    • Specialists Available For All Types Of Debt Relief Issues
    • Not A Direct Lender
    Visit Site 1-(866) 320-0870
    • No Upfront Or Monthly Fees
    • IAPDA Accredited Specialists On Staff
    • AFCC Member
    • No Mobile App
    Visit Site Request Call Back
    • Single Form, Multiple Personalized Loan Offers
    • Loans Up To $100k. Rates From 5.49% Apr
    • Safe & Secure Process To Protect Your Data
    • Not A Direct Lender
    Visit Site Request Call Back

    Frequently Asked Questions

    Debt consolidation companies are an option for anyone who is struggling. They can help you pay off your debts and give you some breathing room to make better financial decisions for your future. However, it’s important to do your research before choosing a program or company that works best for your needs.

    A debt consolidation company is a business that helps you consolidate your debts into one payment and lower your interest rates. This can be helpful if you have multiple debts with varying interest rates. For example, if you owe $2,000 at 9% and $4,000 at 3%, consolidating these two loans into one with a low 0% rate would save you money on interest payments over the course of several years. Next Steps If you have balances on multiple credit cards or loans, you could save on interest costs by switching and consolidating your balances to a single loan at a lower interest rate. Complete the form to see if you qualify.
    Debt relief options include debt management, debt consolidation and bankruptcy
    • Debt management. This option is for people who want to take control of their financial situation, but don’t want to file for bankruptcy or face a court-appointed trustee. For debt management plans (DMPs), you make one monthly payment to a third party that will distribute the funds among your various creditors. A DMP won’t wipe out your debts completely, but it can help reduce them and lower your monthly payments by 50%.
    • Debt consolidation. If you have several types of unsecured debt—such as credit cards, medical bills and personal loans—you may be able to consolidate them into one loan with lower interest rates and terms than what you currently have on each of those accounts individually. Your new lender might even offer additional perks such as an extended repayment period if you’re unable to pay off the debt in full at once; however, there’s no guarantee that this will happen since lenders are required by law only to provide “reasonable” terms when extending credit.
    • Credit counselling services. While these programs aren’t always required before filing either type of bankruptcy petition they do provide valuable advice about which debts might be discharged through either process—something important when there are hundreds or even thousands worth being considered — not just because knowing beforehand saves time but also because some debts aren’t eligible at all so knowing ahead gives someone time needed make adjustments accordingly.
    If none of these other methods work out for you financially after trying them several times over several years without success then filing Chapter 7 or Chapter 13 bankruptcy may be an option worth considering as well. Next Steps  Feel like you will never get your debts under control? Overwhelmed and stressed—you need support. There’s nothing wrong with getting help. Talk to a professional and get yourself back on track. Complete the form to see if you qualify.
    It is important to understand that not all debt consolidation companies are alike. Some have more experience than others and some have a better reputation. You want to make sure you select a company that will help you get out of debt once and for all, while also putting your finances back on track. Understanding how lenders determine what rate they charge is important so you can compare rates between lenders easily without having to do too much work yourself. Next Steps The best debt settlement companies are transparent about their fees, have a long history and are accredited by an industry standards organization. We’ve compared the top companies that offer debt settlement services to find some of the best companies available. Complete the form and talk to a debt relief specialist today.
    Debt relief companies help consumers get out of debt by offering a variety of services. These include debt negotiation, debt management, debt consolidation and bankruptcy. Debt relief companies may also help you find other ways to pay off your bills, such as making monthly payments that are lower than the minimum amount due on your credit card. Next Steps If you have balances on multiple credit cards or loans, you could save on interest costs by switching and consolidating your balances to a single loan at a lower interest rate. Fill out an online form to receive a free, no obligation consultation.
    As with most things, the answer to this question depends on what you’re looking for. If you choose to work with a debt consolidation company, their fees will vary depending on their services and how much of your debt they are able to help you consolidate.  For example, if the company has a flat-rate structure (one fee for all customers), it may only be $50 per month. However, if there are other costs associated with your plan that varies depending on the amount of money owed or other factors like being self-employed, then those costs could increase significantly. Overall though, to give you an idea of what’s possible: some companies offer plans starting at around $1/month while others can run as high as $5K or more depending on how much money is owed overall! Next Steps Weighing the benefits of a debt consolidation loan, you need to consider the monthly cost savings as well as the total cost savings. It can also be helpful to talk to a debt relief specialist, who can help you understand your options and find the best solution for your needs. Complete the form to see if you qualify.
    You should contact a debt settlement company if you are in financial distress and:
    1. You can’t pay your bills. You may be eligible for a debt relief plan if you have recently been laid off or experienced other job losses, suffered a medical condition that caused significant health care expenses, or had unexpected expenses such as car repairs or home repairs.
    2. You are in default on a loan. If you have defaulted on any of your loans, including taxes and student loans, then this could be an option for you as well.
    3. Your creditors are harassing you about your debts. Harassment from creditors can happen when they know that they will not get their money back from traditional means such as sending letters with payment demands or filing lawsuits against individuals who owe them money. Debts that have gone into collections territory under federal law cannot be discharged in bankruptcy proceedings so this is often seen as one of the last options available before filing bankruptcy protection under Chapter 7 or Chapter 13 (depending upon whether there is enough equity/property collateral). 
    Next Steps If any one of these situations applies to what’s going on in your life right now then it would probably be wise to consider hiring a debt relief company who specializes in these types of cases. Complete the form and talk to a debt relief specialist today.
    When your debts are consolidated, you will save money on interest payments. You may be able to pay off some of your debt sooner than expected. If you’re struggling with multiple debts and interest rates, debt consolidation can help you get out of debt faster by lowering each individual debt’s interest rate and making it easier to make monthly payments. Next Steps Your program’s length will depend on a few factors, including how much money you deposit in your account every month. Talk to a debt relief specialist, who can help you understand your options and determine the optimal amount to resolve your debts as quickly as possible. Complete the form to see if you qualify.
    While it is possible to negotiate with creditors on your own, it may not always the best choice. If you have significant debt or are having trouble with multiple creditors, it may be best to pay a fee to a debt settlement company, an attorney, or a credit counseling agency. Next Steps Before arranging a debt settlement, you should consult an expert to learn what your best options are. Learn about your choices and the best course of action to eliminate debt. There is no obligation to move forward. Complete the form and talk to a debt relief specialist today.
    You may need to work with an attorney or a debt relief company if you have a large amount of debt, are filing for bankruptcy and want to settle your debts before filing—or if you’re not sure how to proceed.
    • Debt settlement. You can negotiate with your creditors to pay back less than what you owe, a process called “debt settlement.”
    • Debt negotiation. Debt negotiation is a service that can help people get lower interest rates by negotiating with their creditors, who will accept less than what the debtor originally owed in order to close out an account.
    There are no guarantees that these options will work out. It depends on each creditor’s willingness to cooperate and accept less than what is owed—but it can be an effective way for some people with good credit scores who have fallen behind on payments due to unexpected circumstances (such as losing their jobs). The best debt relief companies provide a path out of debt that could result in you paying less than what you owe quickly and easily. Next Steps Remember, creditors are experts at securing the best terms for themselves, not you. That is why you should seek professional help. Complete the form to see if you qualify.
    Bankruptcy is a legal proceeding that can help you get rid of some or all of your debts. Bankruptcy can help you get rid of debt without having to pay the full amount owed. Bankruptcy is a good option if you have no other way to pay off your debts and are struggling with collection calls, harassment from creditors, and threats of wage garnishment or foreclosure. Next Steps Before considering bankruptcy, consult a debt relief company. They may provide a path out of debt that could result in you paying less than what you owe—without having to file for bankruptcy. Complete the form to see if you qualify.
    A debt consolidation program can hurt your credit if you don’t pay the money back. If you default on your debts, it will be reflected on your credit report. However, if you repay them in full and on time (as agreed), it will help improve your score. Next Steps Consulting a debt management company does not directly affect your credit score, but negotiating to pay less than the full amount due or closing credit cards can hurt your score. Want to consult a specialist? Complete the form to see if you qualify.