Compare Debt Relief Options From Multiple Providers
Answer a few questions about your financial situation. We connect you with debt relief providers whose programs may be available based on your circumstances.
Explore debt relief options through our independent referral service, with individualized guidance based on your financial situation.
Process
How Our Referral Service Works
We connect you with debt relief providers. Here's what to expect.
Complete Assessment
Answer questions about your debt type, amount, and financial situation.
Review Options
Based on your responses, we identify providers whose programs may fit your situation.
Speak With Providers
A representative from a matched provider may contact you to discuss options and answer questions.
Questions
Frequently Asked Questions
Important information about debt relief and our service.
Debt Relief Experts is an independent referral service. We are not a lender, debt settlement company, debt consolidation company, credit counseling agency, or law firm. We do not provide financial, legal, or tax advice.
Our role is to connect consumers who are seeking debt relief information with third-party companies that offer debt relief services. Any relationship you enter into with a provider is between you and that provider.
Debt settlement is a process where a company negotiates with your creditors to accept less than the full amount you owe. This is typically done with unsecured debts like credit cards, medical bills, and personal loans.
If you enroll in a debt settlement program, you generally stop paying your creditors directly and instead make deposits into a dedicated account. Once enough funds accumulate, the settlement company attempts to negotiate with your creditors.
Important considerations: Debt settlement can negatively impact your credit score. Creditors are not obligated to negotiate. You may owe taxes on forgiven debt. Fees apply. Not all debts qualify.
Completing our assessment form does not affect your credit score. We do not perform credit checks or access your credit report.
However, if you enroll in a debt relief program, your credit may be negatively affected. Debt settlement programs typically require you to stop paying creditors, which results in missed payments and potential charge-offs appearing on your credit report. Settled accounts may also be reported as "settled for less than full amount."
The specific impact depends on your current credit situation and the program you choose. Ask any provider about credit implications before enrolling.
Our assessment and referral service is free. We do not charge consumers any fees.
However, debt relief providers typically charge fees for their services. Debt settlement companies commonly charge 15-25% of the enrolled debt or 25-35% of the savings achieved. These fees vary by company and state regulations.
Before enrolling in any program, carefully review all fees, terms, and conditions with the provider. Get everything in writing.
Debts that may qualify: Credit card debt, medical bills, personal loans, collections, private student loans (in some cases), and other unsecured debts.
Debts that typically do not qualify: Mortgages, auto loans, federal student loans, tax debt, child support, and most secured debts.
Most providers require a minimum of $10,000-$15,000 in qualifying unsecured debt to enroll in their programs.
When you submit our assessment form, your information is shared with one or more third-party debt relief providers in our network who may contact you regarding their services.
We may also use your information for marketing purposes and share it with affiliated partners. See our Privacy Policy for complete details on data collection, use, and sharing.
You can opt out of communications at any time by following the instructions in any message you receive or by contacting us directly.
Yes. While you are in a debt relief program, creditors are not legally required to stop collection efforts or negotiate. They may continue to contact you, add fees and interest to your account, report negative information to credit bureaus, and potentially file lawsuits against you.
Enrolling in a debt relief program does not provide legal protection from creditor actions. Discuss these risks with any provider before enrolling.
Nonprofit credit counseling: Certified counselors can help you create a budget and may offer debt management plans with reduced interest rates.
Debt consolidation loans: Combining multiple debts into one loan, potentially with a lower interest rate. Requires qualifying for a new loan.
Bankruptcy: A legal process that can eliminate or restructure debts. Has significant credit and legal implications. Consult a bankruptcy attorney.
Negotiating directly: You can contact creditors yourself to request hardship programs or settlement offers.
Consider consulting with a nonprofit credit counselor or financial advisor to understand all your options.
Important Disclosures
Debt Relief Experts is an independent referral service. We are not a lender, debt settlement company, debt consolidation company, credit counseling agency, law firm, or tax advisor. We do not provide debt relief services directly and do not make lending decisions.
By submitting your information, you will be connected with third-party providers who may contact you about their services. We receive compensation from these providers. Results vary significantly by individual circumstances. Debt relief programs may negatively impact your credit score, result in tax liability on forgiven debt, and involve fees. Not all debts qualify. Creditors are not obligated to negotiate or settle.
This is not financial, legal, or tax advice. Consult with qualified professionals before making decisions about debt relief.