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 settlement usually lowers your credit score, at least at first. The process often involves missing payments, which are reported, and settled accounts are noted as paid for less than owed. How far it drops depends on where you started. Scores typically recover over time once balances are cleared and you rebuild.
Related: How Debt Relief Works · what debt relief costs · debt payoff calculator.
Tell us what you owe, we'll match you with a provider, free and with no obligation.
