Debt Payoff Guide is a free service that connects consumers with third-party debt-relief providers. We are not a lender, law firm, credit-counseling agency, or debt-settlement company, and we do not provide financial, legal, or tax advice. Information here is general and not a recommendation.
Debt relief costs vary by approach. For-profit debt-settlement companies typically charge 15% to 25% of the debt you enroll, and by federal rule cannot collect that fee until a debt is actually settled. Nonprofit credit-counseling debt management plans usually run about $0 to $75 to set up and $25 to $50 a month. Consolidation-loan rates depend on your credit.
Free·No obligation·Takes about a minute·Secure form
| Option | Typical cost |
|---|---|
| Debt settlement (for-profit) | 15%–25% of enrolled debt |
| Debt management plan (nonprofit) | $0–$75 setup, ~$25–$50/mo |
| Debt consolidation loan | APR varies by credit (often ~7%–36%) |
| Credit counseling session | Often free at NFCC-member agencies |
No. We're a free matching service. We are not a lender, law firm, credit-counseling agency, or debt-settlement company, we connect you with third-party providers who do that work.
Nothing. Our service is free for consumers. The providers in our network pay us when we refer you, so you're never charged for the connection.
It depends on the option you choose. Debt settlement and missed payments can lower your score before it recovers; a consolidation loan or credit-counseling plan may have a smaller impact. We explain the trade-offs so you can decide.
Under the FTC's Telemarketing Sales Rule, companies that sell debt-relief services by phone can't collect fees until a debt is actually settled and you've made a payment. Be cautious of any company demanding money upfront.
No. If you want nonprofit credit counseling, look for a member of the National Foundation for Credit Counseling (NFCC). We can also connect you with counseling and other options so you can compare.
Tell us what you owe, we'll match you with a provider, free and with no obligation.
