Debt settlement · unsecured debts only
Settle unsecured debt for less than you owe.
If minimum payments go nowhere, settlement negotiates your balances down and resolves them one by one. It is slow, it has real consequences — and for the right person, it ends the debt. Below is the honest version, risks first.
Does it fit your debt?
Settlement handles unsecured debt.
Unsecured means no collateral backs it — the creditor cannot repossess anything. That is the universe settlement works in.
Often qualifies
- Credit cards. The most commonly settled unsecured debt.
- Medical bills. Hospital and provider balances in collections or past due.
- Personal loans. Unsecured installment loans, including some fintech loans.
- Collections. Accounts already with collectors — ask about yours.
Does not qualify
- Mortgages and auto loans (secured — the lender holds collateral).
- Federal student loans (different programs exist — ask us and we will say so).
- Tax debt, court fines, and child support.
Not sure where yours falls? One call sorts it — and if settlement is wrong for you, we say so.
The path
Three steps. No mystery.
01
Free review
A specialist reviews your debts, income, and budget by phone. If settlement fits, you get the full cost, timeline range, and risks in writing before anything is signed.
02
Save monthly
You deposit one monthly amount into your own insured account — yours, withdrawable any time. Creditors are negotiated as funds build.
03
Settle one by one
Each creditor is settled under an agreement you approve. You pay a fee only after a debt settles and you have paid on it.
Cost
No upfront fees. Ever.
When you pay
Only after a debt is settled under an agreement you signed and you have made a payment on it. The exact fee is disclosed in writing before you enroll — never a surprise, never taken from money you have not agreed to pay.
What to compare
Minimum payments for years, interest included, against one monthly deposit plus disclosed fees here. Settlement usually costs less in total — but it damages credit along the way, while minimums preserve it. That tradeoff is the whole decision.