National Debt Relief is one of the country’s largest and most reputable debt settlement companies. Our company is proud to have an A+ rating with the Better Business Bureau (BBB) and thousands of positive client reviews. We’ve earned our outstanding reputation by negotiating on behalf of thousands of clients with their creditors to settle their outstanding debts. By graduating from our program, many of our clients are able to experience the financial independence they never thought they’d find. In many cases, National Debt Relief’s program offers the best options for people struggling with too much debt. To help you get a better idea of what our program can accomplish, take a look at some of our most commonly asked questions.
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How Much Does It Cost to Use National Debt Relief? National Debt Relief doesn’t charge any upfront fees, and there’s no cost to sign up. Our initial consultations are free. During your consultation, one of our certified debt specialists will talk with you and see if the National Debt Relief program is right for you. The average client usually pays a fee of 15-25% of the total debt enrolled; however, this fee is only paid once the debt has been settled. In addition, this fee is part of your monthly payments, and it won’t cause them to rise. You’ll continue to make one, low monthly payment for the entire time you’re enrolled in the National Debt Relief program.
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Does This Affect My Credit? Yes, debt negotiation will negatively affect your credit temporarily and it can be improved after you have completed the program and you are debt free. The effects are not as severe as bankruptcy. If you are already behind on your bills, your credit score will already be lower so the effects of our program may not be as severe. You have to decide if it’s better to resolve your debt now at a lower cost and then rebuild your credit.

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Is This A Debt Consolidation Loan? No, we do not offer debt consolidation loans. We can consolidate your debts into one low monthly payment. If you have bad credit, you will not qualify for a debt consolidation loan in the first place.
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Can I Negotiate With My Creditors On My Own? Yes, you can negotiate with your creditors yourself and save yourself an extra 18-25% off your debt. (Our fee is 15-25% of the debt amount depending on the state they live in and the amount of debt they have.) Not everyone wants to talk to their creditors on a regular basis so they trust us to do it for them. Our debt negotiators have extensive knowledge in Federal & State consumer laws & exercise the Fair Credit Reporting Act, Fair Credit Billing Act, as well as the Fair Debt Collection Practices Act to help settle your debt.
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How Long Will It Take To Get Out Of Debt? It depends on how quickly you can build up your settlement funds and save for the settlement offers. The program length varies between 24-48 months, the faster you can save, the quicker you can get out of debt. If you only make the minimum payments on your credit cards, you could be in debt for the next 10-20 years and pay back 2x, 3x, or even 4 times as much as you originally borrowed.
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Will I Get Sued By My Creditors? There is a slight possibility that any creditor can sue you. However, lawsuits are expensive and creditors try to avoid them. We aim to complete the program as quickly as possible to avoid any lawsuits.
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Can I Continue To Use My Credit Cards? No, you will not be able to use your credit cards that are enrolled in the program. Creditors will usually close your accounts after you have missed a few payments anyways. Your debt consultant will help you decide the best plan of action based on your current financial situation.
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Will I Have To Pay Taxes On The Forgiven Debt? That depends. Your creditors will issue you a 1099-C form for any debt forgiven over $600. The forgiven debt counts as income. But, if you are insolvent (you have more liabilities than assets) at the time we settle with your creditors, you may not have to pay any taxes on the forgiven debt.
“A taxpayer is insolvent when his or her total liabilities exceed his or her total assets. The forgiven debt may be excluded as income under the ‘insolvency’ exclusion. Normally, a taxpayer is not required to include forgiven debts in income to the extent that the taxpayer is insolvent.” – IRS.gov
You will need to speak with a CPA or tax professional for help in this matter.
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Is the National Debt Relief Program Legitimate? National Debt Relief is absolutely a legitimate, reputable company dedicated to helping clients address overwhelming debt. Our accreditations include the following:
A+ rating with the BBB
A team of debt arbitrators certified through the IAPDA (International Association of Professional Debt Arbitrators)
Over 21,000 five star reviews of the National Debt Relief program
For us to work effectively with creditors on behalf of clients, trust and professionalism are paramount. Therefore, if you’re looking for a trusted partner to help you address your outstanding debts, National Debt Relief could be the right choice for you! -
Do You Offer A Money Back Guarantee?
Yes! We offer a Money Back Guarantee because we want Satisfied Customers! Our Guarantee: By joining our program, you will be on your way to reducing your debts. We are so confident in our professionalism, level of service and ability to get results, that we do not charge a single penny in fees until your debt is settled. Not a single penny! If we are unable to settle your debt or if you are unsatisfied for any reason up to the point of us settling your debts, you can cancel anytime without any penalties or fees! If we are not able to settle any of your accounts, you don’t pay us. It is that simple! We get results or you don’t pay! We call that our 100% Satisfaction Guarantee! -
What Makes Me a Good Candidate for Debt Negotiation? National Debt Relief’s program is a great choice for people with high levels of unsecured debt who are struggling with financial hardship such as divorce or the loss of a job. If you’re barely keeping up with your minimum payments and the balances on your accounts keep growing, then our program could be right for you. Thus, if you’re fighting a losing battle against rising debt, our debt settlement services may be just what you need.
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How Is Debt Negotiation Different From Bankruptcy? Bankruptcy is an option that is generally treated as a last resort. It will remain on your credit report for 10 years & you can be denied employment, state licenses, insurance, as well as tenancy of an apartment. Most importantly, you can be denied virtually any type of credit with a bankruptcy on your report for several years. In addition, since the bankruptcy laws have changed recently, it is even more difficult to qualify for Chapter 7, the method of liquidating assets to resolve your debt. You will not be allowed to discharge alimony, child support, taxes, student loans, judgments, or any loan on the bankruptcy petition. Under Chapter 13 bankruptcy, your debt payments are simply restructured meaning you will still have to pay a percentage of your debts while you suffer the consequences of bankruptcy. Debt negotiation is an alternative to bankruptcy.
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Should I Keep Paying My Credit Card Bills? Due to your legitimate financial hardship, you are able to participate in this savings program in order to help pay your debts in the future. We are not here to advise you not to pay your debts now, however if you continue to make payments to your creditors, there may be less debt or possibly none left at all for us to settle. If you are able to save money in this program & make payments to your creditors at the same time, then you probably don’t actually have a legitimate financial hardship.
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Who Is Holding My Money While I’m Waiting On A Settlement? Your funds will be held at Global Client Solutions, which is an FDIC insured trust account. This account will be opened in your name with you having ultimate control over its funds. The monies collected in this account get disbursed only at the time a negotiation is reached with the creditor and you agree with the settlement offer.
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How Does a Debt Relief Program Affect Your Credit? Our program could have a negative impact on your credit initially. During the debt settlement process, our clients make the decision to stop paying their creditors and instead pay into a dedicated savings account that goes toward their debts. Fortunately, most of our clients find that by the time they graduate, their credit score has returned to the same rate if not higher as when they started.
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How Long Will My Credit Be Affected? If you’re enrolled in one of National Debt Relief’s programs and your credit is adversely affected, it’s usually is a short-term issue. In most cases, your credit will start improving as soon as you begin settling your debts with your creditors. In fact, many of our clients find that by the time they graduate, their credit score has returned to the same level if not higher than when they started. While a short-term decline in your credit score is inconvenient, it’s often a more viable option than having to declare bankruptcy, or otherwise being saddled for years with high-interest debt that you’ll struggle to ever pay off.
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How Much Will I Save? National Debt Relief programs can save you, in the words of former client Michael D., “thousands upon thousands” of dollars! After all, settling your debt means that the interest and fees you’re currently incurring on credit cards and other debts each month will cease. This will free up hundreds if not thousands of dollars for you to use to pay other bills, purchase a home, or prepare for retirement. Additionally, the fees we charge clients for the National Debt Relief program are more than reasonable. Even with paying our fees, our clients save an average of 30-50% on their debts.
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Is Debt Settlement Really Worth It? Debt Settlement is absolutely worth every penny! If you enroll in the National Debt Relief program, we can help you on the journey to becoming debt-free. Eliminating all your debts will allow you to use your income to prepare for a bright future, instead of paying interest on past purchases. National Debt Relief empowers its clients to pay off their debts in less time than if they continued to make the minimum payments. More importantly, it allows them peace of mind while doing so.
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What Types of Debt Does National Debt Relief Work With? National Debt Relief programs work with most kinds of unsecured consumer debt. Some of the debts that we can help you settle include:
Credit card debt
Store credit
Payday loans
Standard unsecured bank loans
Private student loans
This is by no means an exhaustive list; if you are unsure about whether your debt would qualify, feel free to call us or visit our debt qualifications page.
Ready To Get Started Or Have More Questions?
You can give us a call and speak with our certified debt counselors during extended business hours Monday through Saturday. We’ll be happy to answer any questions you may have.
Call 800-300-9550 Today