What is Debt Relieved?
We are a debt consolidation company acting on behalf of borrowers like you to help you get out of debt quickly. We negotiate with your creditors to reduce payments and interest in exchange for maintaining regular monthly payments. Our highly trained customer service representatives oversees on a daily basis the process of your consolidation to insure your privacy and protect your rights. The Debt Relieved customer service department consists of fully trained and experienced personnel who are well versed in the financial, legal and business practices necessary to insure your consolidation is a positive experience, and that you are represented in a professional and courteous manner.

How does debt consolidation work?
You send us one payment each month. We then share out this payment between your creditors and pay them a negotiated amount. Your creditors are satisfied that you are trying to straighten out your debts and that they are receiving a regular amount every month. The benefit to you is that you now make only one payment each month at an amount that you can afford, and you are no longer being bothered by your creditors.

Can you stop collections agencies from calling and harassing me?
Yes, if collections agencies are still calling you after the first few payments, we may use the Fair Credit Reporting Act, a federal law, to make them stop calling. If collection agencies are calling you at work and jeopardizing your job, they may not be in compliance with the law.

How long does it take to pay off my credit card debts after debt consolidation?
Most people are able to get out of debt in 3 to 5 years after the interest rates on their debts have been reduced under a debt management plan. Debt consolidation can also reduce the total monthly payment amount.

How will I know my creditors are being paid?
You continue to receive statements from your creditors. You will be sent a monthly statement that will match the statement your creditor sends you every month. We will provide full disclosure as to how we are helping you.

Will my employer need to know?
No! We will not contact your employer or anyone else other than your creditors. All your dealings with us are entirely confidential.

Do credit card companies have their own debt reduction programs for people like me?
Yes, but credit card companies prefer that borrowers deal with specialized debt consolidation firms who take on the burden of individual repayment agreements and terms as well as all the paperwork. The credit card companies have special programs only for use by debt management companies such as Debt Relieved and we will put them to use for you.

Can you help me repair my credit report?
If you have bad credit at the time you begin a debt management program, your credit rating can only improve over time. Credit card companies and other creditors usually re-age accounts that have undergone debt management. As you make timely payments, you begin establishing a sound credit report.

How much will the debt consolidation program cost?
We charge a small debt management fee which is included in your monthly payment. Even with our fee, your monthly payments and interest are usually less than what you would have been paying under your original creditor's terms. Reasonably quick debt reduction and credit repair would never be possible if our debt consolidation program was expensive.

Can I consolidate the mortgage on my home and my car loan together with my credit card debts?
No. Only unsecured debts are considered for a debt management program. Your home mortgage and your car loan are secured by your home and car respectively as collateral.

Do you provide debt consolidation loans to pay creditors?
No. We strongly caution against using a debt consolidation loan. Instead, Debt Relieved will: (A) negotiate with your creditors to reduce your interest rates and monthly payments, (B) present you with a reasonable agreement for repaying your debts, taking into account your household budget requirements, and (C) accept your single payment every month and disburse it to your creditors on time.

How does debt consolidation differ from declaring bankruptcy?
The objective of bankruptcy is to absolve you of debts altogether. This financial strategy has serious and long-term drawbacks that affect your life for decades. For example, applying for life insurance, purchasing a business, buying a home, and applying for a job can all be negatively affected by a prior bankruptcy. Under a debt management plan, you repay your debt obligations. Thus, you can repair bad credit, maintain a good credit rating and return to a debt-free lifestyle quickly and without hurting your future.

Our staff welcomes your questions and will take the time to discuss how to best solve your debt problems with you. Click Here to return to the Home Page and complete our 1 Minute Free No Obligation Application.

We're here to help you!