Debthunch is a family owned licensed lender with over 17 years operating at the highest level of consumer finance.
Does Debthunch hurt your credit?
In fact, they do not hurt your credit score or impact it at all. ... As you work to make consistent payments on your new plan, you'll improve your credit standing and raise your score back up to where it once was, and even beyond.
Is Freedom Debt Relief a legit company?
Freedom Debt Relief is an accredited debt settlement company based in Arizona that offers consumers a way to eliminate their debt by reducing what they owe. The business has served more than 650,000 consumers and resolved more than $10 billion in debt since 2002.
What kind of company is Freedom Debt Relief?
debt settlement company
Can I quit Freedom Debt Relief?
Can I cancel anytime? Canceling the debt negotiation process can be difficult, since Freedom Debt Relief may be in the midst of working with your creditors to pay off your debt. If you would like to cancel, please call the Client toll-free number at 1-800-655-6303 to determine the best option for ending your service.Jan 18, 2018
How long does it take to get your money back from Freedom Debt Relief?
The Freedom Debt Relief program takes an average of 24-48 months. * Since every client's debt situation is different, no debt relief company can guarantee the amount they will reduce a client's debt with a creditor—and beware of any company that does, especially if they won't put their savings claims in writing.
How much should I pay to settle a debt?
Offer a specific dollar amount that is roughly 30% of your outstanding account balance. The lender will probably counter with a higher percentage or dollar amount. If anything above 50% is suggested, consider trying to settle with a different creditor or simply put the money in savings to help pay future monthly bills.
Is it worth it to settle debt?
It is always better to pay off your debt in full if possible. While settling an account won't damage your credit as much as not paying at all, a status of "settled" on your credit report is still considered negative.Apr 16, 2021