FAQs

What Does Debt Rescue Center Do?
Debt Rescue Center is a leading debt negotiation company with a BBB A+ rating and thousands of positive client reviews. We negotiate with your creditors to get a reduction of your outstanding credit.

What Does It Cost?
Well there are no upfront fees and second, we only get paid when your debt is reduced. We only get paid for delivering results. Having said that, the fees varies by debt amount and the state you live in, it ranges from 15-25% of the total debt enrolled. You can compare this to the 15-29% average interest charges you pay every year to your credit card companies and see our option can be an affordable one.

Does This Affect My Credit?
Yes, debt negotiation will negatively affect your credit temporarily and it can be improved after you have completed the program and you are debt free. The effects are not as severe as bankruptcy. If you are already behind on your bills, your credit score will already be lower so the effects of our program may not be as severe. You have to decide if it’s better if it’s better to resolve your debt now at a lower cost and then rebuild your credit.

Is This A Debt Consolidation Loan?
No, we do not offer debt consolidation loans. We can consolidate your debt into one low monthly payment. If you have bad credit, you will not qualify for a debt consolidation loan in the first place.

Can I Negotiate With My Creditors On My Own?
Yes, you can negotiate with your creditors yourself and save yourself an extra 18-25% off your debt. (Our fee is 18-25% of the debt amount depending on the state they live in and the amount of debt they have.) Not everyone wants to talk to their creditors on a regular basis so they trust us to do it for them. Our debt negotiators have extensive knowledge in Federal & State consumer laws & exercise the Fair Credit Reporting Act, Fair Credit Billing Act, as well as the Fair Debt Collection Practices Act to help settle your debt.

Can I Continue To Use My Credit Cards?
No, you will not be able to use your credit cards that are enrolled in the program. Creditors will usually close your accounts after you have missed a few payments anyways. Your debt consultant will help you decide the best plan of action based on your financial situation.

Will I Get Sued By My Creditors?
There is a slight possibility that any creditor can sue you. However, lawsuits are expensive and creditors try to avoid them. We aim to complete the program as quickly as possible to avoid lawsuits.