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5 Key Signs You’re a Good Candidate for a Debt Relief Program

Debt relief programs can help those drowning in overwhelming amounts of debt. For example, if you find it increasingly difficult to make minimum debt payments, you likely need help controlling your debt. In this case, a debt relief program may help. Check Out: 6 Reasons the Poor Stay Poor and Middle Class Doesn’t Become Wealthy Read Next: 5 Genius Things All Wealthy People Do With Their Money However, debt relief programs, also known as debt settlement companies aren’t for everyone. For instance, debt settlement may not be ideal if you have mostly secured debt, access to a debt consolidation loan,…

By Aja McClanahan
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I Got Caught in a Debt Spiral: Escaping Wasn’t Easy, but Here’s How I Did It

A debt spiral is when you continue to fall deeper and deeper into debt despite staying current on your payments, according to Experian. This could happen when the interest on your debt is growing faster than you can repay it or when you unexpectedly lose your source(s) of income.  For You: I Earn Over $30K a Week in Semi-Passive Income on Amazon – Here’s How Trending Now: Owe Money to the IRS? Most People Don’t Realize They Should Do This One Thing We interviewed Alejandra Rojas, a trauma-informed finance professional and founder of The Money Mindset Hub, who supports women…

By Jamela Adam
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This is The Single Most Overlooked Tool for Becoming Debt-Free

If you carry debt, you know how overwhelming and isolating it can feel. But the truth is, you’re not alone. For a brief moment during the COVID-19 pandemic, Americans saw some relief from debt, but since then, consumer debt is back on the rise.  Americans owed $1.129 trillion in credit card debt as of the fourth quarter of 2023, according to Federal Reserve data cited by Motley Fool — a record high. So the truth is, you’re far from alone. The important thing is to make a plan to pay off your debt and manage it correctly. There are a…

By Vance Cariaga
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Gen Z: 9 Things You Must Do Now If You’re in Debt

Gen Z, particularly those in the 22 to 24 age range, are carrying higher levels of debt than their millennial counterparts did around the same age, according to a new TransUnion study. This generation has been hit hard by both the after effects of the pandemic and high inflation. Find Out: Here’s How Much the Definition of Middle Class Has Changed in Every State Read Next: 5 Unusual Ways To Make Extra Money (That Actually Work) Even though economics may be slanted against them, carrying debt at such a young age can make it hard to financially prepare for the…

By Jordan Rosenfeld

Must-Knows About Debt

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Here’s the Average Credit Card Debt for Every Generation

By Cynthia Measom

Rachel Cruze: 7 Secrets To Paying Off Your Debt Faster

By Deborah Sabinus

I’m a Family Law Attorney: 3 Things You Should Know About Marrying Someone With Debt

By Crystal Mayer

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Tip 01

Overwhelmed? Confused? Credit card debt relief can negotiate your debt to a reduced amount. You pay a fraction of what you owe in less time.

Find the Best Option for You

Tip 02

Budgets are key to cutting expenses and paying down debt. Start a budget and consider these apps and spending tips.

Read Full Blog Post

Tip 05

Karina B. was able to resolve her debt for less than what she owed — and in less time than with minimum payments.

See How She Did It

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This calculator is for demonstration/educational purposes and is not a guarantee of the savings or timeframe to complete a debt resolution program. The estimates provided do not take into account risks of enrolling in such program, including impact on credit, potential for collection activity such as legal demands or lawsuits, or potential increases in debt owed due to interest and penalties. The calculations are based entirely on consumers who have completed National Debt Relief's debt resolution program in approximately 24-48 months and realized total savings of 23.1%, including program fees. Fees may vary by state and some creditors are more willing to settle than others. Not all clients complete the program for various reasons, including their ability to save sufficient funds. The "New Estimated Payment" is the amount of money estimated as necessary to be set aside each month and used towards settlements with creditors and program fees. The longer the estimated program, the lower the monthly payment; The shorter the program length, the higher the estimated necessary monthly payment. Calculations are based on the total savings of 23.1%. New Monthly Payment: ((1-23.1%)*(Estimated Balance Owed))/Desired Program Length. Savings Off Principal: Estimated Balance Owed - ((1-23.1%)*Estimated Balance Owed). Total Estimated Savings: 23.1%.

Debt Tips & Tricks

Debt burden, financial obligation or loan payment, heavy load of money failure, mortgage or borrowing money problem concept, tried businessman carrying big debt money bag losing money banknotes.

The Debt Avalanche Method: How Does It Work?

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How Much the Average Middle-Class Person Owes in Credit Card Debt

By David Nadelle
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I Paid Off $89K in Student Loan Debt in 5 Years: 3 Strategies That Helped Me Do It

By Gabrielle Olya

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