Analyze Your Debt Situation
Paste a link or reference to your debt details or statements to get immediate AI-driven insights for negotiation tips, potential settlement amounts, and credit considerations.
Monthly Budget Calculator
Track your net income, essential expenses, and discretionary spending to see how much you can realistically allocate toward debt settlement each month.
Credit Impact Considerations
Explore how late payments, settled accounts, or consolidation might affect your credit score. Understand the trade-offs before you sign any deal.
Late Payments
Each missed payment can significantly lower your credit score. The longer the delinquency, the bigger the effect.
Settlement Marks
A "settled" status is better than a charge-off or bankruptcy but still a negative on your report. However, it may be preferable to long-term default.
Credit Rebuilding Tips
Timely payments on any remaining debts, low credit utilization, and a mix of credit types over time can help rebuild your score.
Creditor Negotiation Letter Generator
Try our free AI tool to craft a professional, empathetic negotiation letter offering a settlement or new payment arrangement.
Knowledge Base Highlights
Understanding Debt Settlement
Debt settlement can lower what you owe, but it can also hurt your credit score temporarily. Weigh pros and cons before committing.
The Snowball vs. Avalanche Methods
Explore two popular debt payoff strategies. Snowball focuses on smallest balances first for momentum, while Avalanche targets the highest interest rate.
DIY vs. Professional Help
Handling your own negotiations can save money, but reputable debt relief companies might secure better deals. Compare outcomes and fees carefully.