Frequently Asked Questions

There are no credit requirements. The minimum amount to qualify for The DRC Program is $7,500 in approved unsecured debts. However we do make exceptions. We are not always able to include all debt accounts and we are free to reject clients as we see fit and at our sole discretion.

Qualifying Debt Includes:

Credit Card Debt

Personal Loans

Unsecured Lines of Credit

Unsecured Debt Consolidation Loans

Medical Bills

Collections & Arrears

The Debt Relief Company was founded to assist clients in alleviating financial burdens and help them achieve financial prosperity. If you have excessive credit card or personal loan debt you are in the right place. Or more simply put, if your future financial goals and financial well-being are not aligned, then chances are that we can help! Our expertise lies in eliminating all your unsecured debts within a 1-4 year time frame, while saving you money each month by negotiating new deals with your creditors to payback less than what you currently owe. We strive to provide our clients with the best debt relief program and best customer service in the United States. We never charge upfront fees and the success of our clientele is always our top priority.

Your financial consultation begins with both a credit check along with expert analysis of your current financial situation. Once we understand your situation we can set a plan to help you achieve your individual goals! You should also expect one main point of contact throughout the entirety of your time working with us. The financial consultant you initially spoke to will be your main point of contact throughout the course of The DRC Program. Accountability is very important to us and we try our best to hold ourselves accountable. We don’t believe in cookie cutter solutions or a one size fits all policy, everyone’s situation is completely different! For that reason our service is designed to align with your specific needs. Feel free to use our debt relief calculator to get a quote for your new low monthly payment.

There are currently no credit requirements for all services we provide. Moreover, all consultations are risk-free and require no commitment on your part. Seldom are we unable to add value to a client's financial well-being, even if you feel one of our programs is not the correct fit for you, all consultations are completely free and require no obligation on your end. However, The DRC Program does have some minimum requirements and isn't always a good fit for everyone, especially if it doesn't align with your personal goals. If this is the case, you shouldn't sign up for our services unless it is to your benefit.

Here at The Debt Relief Co, we specialize in dealing with debts like unsecured personal loans, credit card debt, student loans, revolving lines of credit, medical debt, etc. (or more specifically "bad debt"). High utilization rates and high balances on these types of accounts have the most detrimental impact to your credit score so these are the highest priority for improving a client's credit worthiness and financial well-being overtime. However, even though we do not specialize in secured or collateralized debt you can always use your monthly savings from The DRC program to more aggressively pay off any mortgages, HELOCs, auto loans, etc. (otherwise known as "good debt"). As long as your debt is unsecured and eligible for the debt relief program, we will strive to help you pay it off and save as much money as possible! However, it is unlikely for you to become completely debt free, given the fact that many Americans have secured debts like mortgages and auto loans that cannot be included in the program.

Each case is specific to an individual's current financial situation and all impacts are relative. Depending on your current financial standing and the data on your credit report and credit worthiness at the time of enrollment, debt relief could very well have a negative impact to your credit. This occurs because you will be defaulting on payments with our debt relief program. This ideally should occur only the short term to intermediate term and your credit will eventually improve, however the process is slow. However, it's important to note that we try not take a short-term approach to improving the financial well-being of our clients. Good things take time. We don't pretend to offer an overnight solution. Odds are that your debt did not accrue overnight, so it will take a reasonable for some financial healing. So, if you initially see an adverse effect to your credit score, we would focus on fixing the root cause of the problem (too much "bad debt", high debt-to-income ratios, high credit utilization rates and reliance on revolving lines of credit) which will gradually lead to you becoming more credit worthy over time.

There is no catch associated with any options we offer! All monthly quotes provided are all inclusive estimates. We try to give conservative estimates as we aim to under promise and overdeliver. However, like with anything there can be outliers and not everyone will meet or exceed the estimate. Another drawback of the debt relief program, will be that credit cards you want to enroll in the program will have to be closed out (as would any other open lines of credit you include in the program). However, you can still pick and chose what accounts you want to include in enrollment. You don’t have to include all lines of credit if you still want to retain use of credit during the program. There may also be tax consequences, you could receive a 1099-C for any principal reduction over $600, so it's advised you consult with a tax advisor. So yes, you will see significant monthly savings and save money on interest, but there are still some side effects to be had.

You absolutely can and some consumers may be very successful at it! However, you can also do your own indoor plumbing. The thing is though, if you don't have any experience or know-how of how plumbing works and how to approach a job, it will likely be a bad idea and lead to a less than ideal situation. You could make mistakes which end up costing you more money in the long-run and may end up making your situation worse off than when you started. With this being said, negotiating on your debt by yourself may actually be the best option for you. Some people find great success negotiating on their own and are naturally great at negotiating. If you do go this route just make sure to do your research and try not to get fooled!

We never charge upfront fees — ever! In fact, the ability to collect fees from clients is contingent upon our performance. So, until we save you money and have payment plan in place, we will not charge anything for our service. Our service cost is 20% of the enrolled debt amount.

Inquiring with The Debt Relief Company is relatively straight forward. Please fill out a form on our website and we'll do our best to get back to ASAP. Alternatively, you can call us at our toll-free number (888) 344-0214, reach out via email at cs@thedebtreliefcompany.com or reach out to us via any social media outlet (Facebook, Twitter, Instagram, LinkedIn, Pinterest, Yelp, etc.). Once you speak with a financial consultant and decide on which option and payment term you would like to move forward with, they will assist you with enrolling in our debt relief program.

Our greatest responsibility always rests in helping our clients get out of debt and alleviating their financial burdens. If you have a financial emergency or have experienced excessive hardship please feel free to reach out, we are here to serve and help!