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Frequent questions

Frequent questions

We charge a 25% Flat Fee from the total amount of debt enrolled, our fees are included within the estimates we provide to our clients, we are paid our fees only after settling our client's accounts with their creditors. We win when the client wins.

Debt relief reduces your balance as your debt is negotiated down, allowing you to pay less than you owe. The creditor forgives your remaining balance in a settlement transaction. Debt consolidation combines all your debts into a single loan, so you only have a single monthly payment to make, mostly at a lower rate of interest. A higher credit score is typically required.

A DIY approach is good when you are doing home renovations, but you should take no such risk with your debt repayment plan. The status of your finances has a long-lasting impact on your lifestyle. Your debt relief agency will take care of every area of your debt negotiation to overcome the roadblocks to your financial freedom.

There is always a slight possibility that they might, but lawsuits are costly and time consuming, so creditors try to avoid them. Your debt negotiator will speed up your program to avoid a lawsuit.

Now that depends on how quickly you can build up your funds to save for the settlement offer. You will get out of debt quicker if you can save substantial amount real quick. The program takes 24 to 48 months, contrastly, if you only make minimum payment on your credit card you will likely be in debt for the next 10 to 20 years and can pay back up to 4 times the amount you borrowed.

No Not if it’s enrolled in the program being negotiated. The creditor would have closed your account after you missed some payments. Based on your current status, your debt expert will guide you to the next plan of action.