Debt Relief Finder
Debt relief can mean several different things: a nonprofit debt management plan, a consolidation loan, debt settlement or bankruptcy. Each one has different costs and a different effect on your credit. Settlement can hurt your credit, and under the FTC’s Telemarketing Sales Rule, companies selling it by phone cannot charge fees before they settle or change at least one of your debts.
Answer three questions about your state, your total debt and your situation. We show the options that usually fit, free and nonprofit options first. Sponsored listings are labeled. Compare costs and read every contract before you sign anything.
Settlement can hurt your credit, and under the FTC rule fees apply only after a debt is settled. Compare before you sign.
Nonprofit debt management planFree
One monthly payment through an accredited counselor, often with lower interest rates. You repay the full balance, so it usually hurts credit less than settlement.
NFCC member agenciesFree
Accredited nonprofit credit counselors nationwide. Budget reviews are usually free.
Settlement offer calculatorFree tool
Negotiating yourself is free. See what 30%, 40% and 50% offers look like for your balance.
How to choose a debt relief companyFree tool
Red flags to watch for: upfront fees, guarantees, and pressure to stop talking to creditors.
Bankruptcy basics: Chapter 7 vs. 13Free tool
When debts are far more than you can repay, bankruptcy may be an option. Credit counseling is required before you file.
Free options come first. Sponsored listings are labeled and may pay us a commission; see our Advertiser Disclosure.