Our verdict
No upfront fees and higher-than-average savings make this debt relief company stand out from the competition — especially for those struggling with private student loan debt. But the program doesn't work for everyone, and some customers report they ended up in deeper debt than what they originally owed after using the program.Best for: People in debt and facing bankruptcy as their only other option.
- Offers 100% money-back guarantee
- Works with some student loans
- Low minimum of $7,500
- May result in a lower credit score
- Mixed customer reviews
If decide to enroll in a debt settlement plan, can I keep one credit card active and make payments to avoid not having a credit card open for such things as rental car or hotel stay where credit card is mandatory?
Hi Jackie,
Thanks for reaching out to Finder!
It’s helpful to know that if you want to settle your credit card debt, you can’t keep using your credit card. If you decide to stop making credit card payments, your creditor usually closes your account.
Hope this clarifies!
Cheers,
Nikki
I have no income what is the best way to get debt relief?
Hello Linda,
Thank you for your comment.
There are two principal debt-relief options: debt settlement and bankruptcy. Both of these methods of debt relief will affect your credit score. Getting a debt consolidation loan or using a credit counseling service, might be one of your options as well.
I am sorry to hear about you having no income. You may refer to the steps below on how to deal with debt without an income:
– Create a Survival Budget
– Prioritize Your Debts
– Negotiate With Your Creditors
– Explore Other Sources of Income or find a temporary work
– Available public assistance programs may help
– Debt Consolidation
– Debt Settlement
You may want to check our list of debt relief companies.
Regards,
Jhezelyn