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Resolve High Credit Card Debt
in as little as 24 - 48 Months

Texas Debt Management License: 1900064636-215879

Texas Debt Management License: 1900064636-215879

Debt Consolidation in Texas, Credit Counseling Texas, and Debt Relief Texas Consultations are free of charge with no obligation. Credit counseling clients generally obtain interest rates between 6%  to 11%.  Debt Negotiation clients who make monthly program payments generally experience an approximate 50% reduction of their enrolled balance before fees, or a 35-45% reduction after payment of settlement fees over a 24-48 month period.  Individual results may vary based on ability to save sufficient funds, ability to complete the program and the creditors enrolled. 

Statements made are examples of past performance and are not intended to be a guarantee that your debt balances will be lowered by a specific amount or percentage, that you will be debt-free within a specific time period. Settlement fees are not charged until a debt is reduced and payment has been made to creditor. We do not assume consumer debt, make monthly payments to creditors, provide tax, bankruptcy, accounting, or legal advice. We do not provide credit repair services. Optional separate legal services may be offered by affiliated attorneys and any attorney fees are separate from those charged by Debt Consolidation Texas or Debt Redemption Inc. Please contact a tax professional to discuss any possible tax consequences of paying less than the full balance. Programs available in Texas. Logos used are property of their respective owners.

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Debt Redemption explains Debt Relief and Debt Consolidation in Texas

Many credit card issuers and lenders have been offering short term payment deferments to provide some temporary help to those impacted by the pandemic. Unfortunately, this is not enough for many people who need much more support to resolve high-interest debt problems. While there may be government-mandated help for student loans and some mortgages, there is no bailout for credit card debt and personal loans. Most people want to avoid a damaging and often costly bankruptcy but might not understand the difference between debt consolidation in Texas loans, consolidating with credit counseling, and debt settlement.

Debt Consolidation in Texas Loans:

Debt Consolidation in Texas or consolidating debt with a new loan is not a viable solution for people who have too much debt and are experiencing financial hardship. For those who qualify, they may provide a reduced interest rate compared to high-interest credit cards. Depending on your existing interest rates and your new rate, your debt consolidation Texas loan payment may or may not be lower than what you are currently paying.  Suppose you have a good debt-to-income ratio and good credit scores of 720 or better.  In that case, Debt Redemption Texas Debt Relief recommends applying for a debt consolidation loan with your primary bank where you have your checking and savings accounts. 

Find out if your bank will offer you a low-interest loan to pay off your high-interest debt. Other options are Peer-to-Peer lenders such as Lending Club, which you can apply online. Lending Tree is another option in which banks and lenders provide offers through the platform so you can choose the best offer. If your credit scores are not at least 720 or the amount of your total debt payments compared to your income is too high, you may find it impossible to obtain a low-interest debt consolidation Texas loan anywhere. If this is the case, there are two other options to consider depending on your financial situation.

"Traditional" Credit Counseling In Texas:

If you cannot qualify for a Debt Consolidation in Texas Loan and are current or no more than six months delinquent with your credit cards, a credit counseling debt management plan may be a viable option. With Debt Consolidation in Texas or consolidating your debt in this method, you will make one payment per month, and the credit counselor will distribute it amongst your creditors. The advantage of this type of Debt Consolidation in Texas is that the interest rates can be reduced, often to less than 10%. Another advantage is a relatively short 5 year payoff period depending on what you can afford monthly. Depending on your initial interest rates and your credit counseling program length, your consolidated monthly payments may be lower than your previous minimum payments. 

Even though you are still paying some interest in a credit counseling program, you may save a lot of money, and it will shave many years off the time it would take to pay the debts off compared to making minimum payments. These advantages come at a cost that may or may not be important to you. After enrolling in credit counseling, all your enrolled accounts will be closed. If you have good or even decent credit scores, they take a hit after enrolling. If your credit scores are poor, then this is likely not a concern. After enrollment, your creditors will also note that you are in a hardship plan on your credit report, which will make it nearly impossible to obtain new loans while in the program. Of course, you should not be acquiring new debt if you are struggling to pay the debt you already have. Most major creditor card institutions work with credit counseling agencies, but some installment loans will not qualify or will not experience any rate reduction. Credit counseling agencies charge a monthly fee and are provided compensation from the lending institutions for collecting the debt for the Texas debt consolidation in what is referred to as “fair share.”

Debt Consolidation in Texas with Debt Negotiation:

Debt Consolidation Texas is sometimes debt settlement, another method of resolving debt that has gained popularity because of the enormous potential savings. In some cases obtaining debt relief in Texas through debt negotiation programs can cost less than a Chapter 13 bankruptcy. Debt settlement can be ideal for many people struggling financially, are behind in making their payments, or expect that they will fall behind soon. Research has shown a higher economic benefit for clients who complete debt settlement programs than traditional credit counseling. With Debt Consolidation in Texas, debt settlement programs are usually structured to resolve debt between 2 to 4 years but sometimes stretch to 5 years, depending on what is affordable monthly. The monthly cost has the potential to be less than half compared to making minimum payments and often much less when compared to a credit counseling program with a similar estimated length to resolve the debt.  

While credit counseling can negatively impact credit scores, so can debt negotiation. Your scores may even drop more compare to credit counseling because you will not be making normal monthly payments. Whether enrolled in any debt relief Texas program or not, credit scores are negatively impacted when you do not make at least the minimum payments.  While debt negotiation programs do not make monthly payments to your creditors, if you are already behind with your payments, the worst of the credit score damage may already be done. At that point, the focus should be on resolving your debt as quickly as possible so you can start rebuilding your credit scores as soon as possible. Since a debt negotiation program may be completed years sooner than a credit counseling program offering the same monthly cost, you may be able to start rebuilding your credit scores much faster by settling your debt.

Companies providing debt negotiation are not allowed to charge fees until they settle an account, and the settlement fees must be proportionate to the enrolled amount of the creditor settled. While in a debt settlement program, the monthly program payments accrue in a Special Purpose Account, which is essentially a savings account to build up funds to settle with your creditors and cover the negotiation fees. There is no quick and easy way to resolve debt if you do not have the funds to pay it off, so like other methods, there are few potential drawbacks of using debt settlement as a method of debt relief. The program length will always be an estimation that could be longer or shorter, depending on actual settlement amounts. The settlements could be higher or lower than estimated initially, but the estimation should be realistic and based upon a company’s historical settlements with your enrolled creditors. Some non-reputable debt settlement companies may quote numbers that are unrealistically low in an attempt to get you to sign up with them.

After a debt is settled, a creditor could send you a 1099-C for the amount of debt forgiven, meaning the forgiven portion could be considered taxable income. If this occurs, filing an IRS tax form 982 with your tax return may prevent you from paying income taxes on the forgiven debt. A tax advisor would be able to advise and assist in filing the form if needed.  Also, debt negotiation companies themselves cannot stop creditor attempts to collect until the debt settles. Creditors may call you, and there is a possibility a creditor could file a lawsuit against you in an effort to collect a debt before a negotiated settlement. Most debt settlement companies offer an optional pre-paid legal type of insurance provided by a third-party that may be able to assist in finding and hiring an attorney to help you if a creditor filed a lawsuit.

Debt Consolidation in Texas Debt Relief in Texas is available with Debt Redemption Texas Debt Relief.  The company is not a national debt relief company but rather a Texas debt relief company razor-focused on helping Texas residents to resolve often $20,000, $50,000 to $100,000 more of credit card debt and personal loans. They offer Texans both traditional credit counseling and debt negotiation. Because Debt Redemption only focuses on helping Texans with personalized service, they have developed an exclusive relationship with a highly awarded defense attorney who is possibly the best in Texas. The separate legal services are entirely optional and not required to use their services to negotiate debt. If you choose to hire the law firm in addition to Debt Redemption, then the attorney can enforce specific Texas consumer protection laws in the Texas Finance Code. By having an attorney deal with creditor harassment, their clients can receive peace of mind that removes a lot of the stress that would otherwise be very stressful. The Texas protections enforced are in addition to federal laws that most other states do not offer.

Furthermore, the optional legal representation is proactive and helps prevent creditors from filing lawsuits while debt is negotiated. All of your enrolled creditors will know you will have retained an experienced debt defense attorney upfront making it much less attractive for creditors to use litigation. If needed, the attorney will provide legal representation to defend a lawsuit if one were to still occur. Knowing who your attorney is upfront and having upfront preventative legal representation provides a much higher level of protection than companies reactionary “pre-paid legal” type services, which will try to find you an attorney only after a lawsuit is filed. Many Texans also choose Debt Redemption Texas Debt Relief for, Debt Consolidation in Texas, using Debt Settlement in Texas because their settlement fees are much lower compared to most other companies.  

If you are considering another debt relief company, call and ask about Debt Redemption’s lowest settlement fee guarantee. Also, the separate law firm will offer their legal services exclusively to Debt Redemption’s clients at an affordable rate.

By choosing both the optional legal protections and Debt Redemption’s debt negotiation services, your total cost may be competitive to companies only offering negotiation services, or “pre-paid legal” plans.  Debt Redemption’s unique arrangement with the law firm also puts them in a unique position to assist new clients who have pre-existing creditor lawsuits and judgments in an affordable manner.

Debt Consolidation in Texas is available by Debt Redemption Texas Debt Relief Texas with special programs for those impacted by COVID-19. Ask about program payment deferments that are available in many cases. If you live in Texas and have questions about debt consolidation in Texas, debt relief in Texas, or debt settlement in Texas, speak with a Debt Consolidation in Texas Specialist at Debt Redemption Texas Debt Relief. For a free and no-obligation consultation, call 800-971-4060 or visit

Debt Redemption Texas Debt Relief Headquarters:
40 NE Loop 410
Suite 340
San Antonio, TX 78216
Phone: 800-971-4060

Are you considering Debt Consolidation or Debt Relief in Texas? Debt Redemption Texas Debt Relief explains why using a non-local debt relief company may cause a lot more harm than good.

Millions of Texans struggle to pay high-interest credit card debt and personal loans. How can Texans know which debt relief or debt consolidation company to trust? One word of advice is to start locally. Debt Redemption is a debt management agency with offices in Texas for nearly 20 years. The company provides a free phone or office consultations and can provide multiple types of programs to help manage and eliminate debt. Jack Brandon is a Debt Specialist at Debt Redemption. He says you should be wary of out-of-state companies because some charge excessive and often illegal fees.

“Unfortunately, we sometimes clean up the mess that non-reputable out-of-state companies put people in before they realize we are here to help them locally. They prey on Texans and are sometimes quick to take their money without providing much help” says Jack Brandon of Debt Redemption, who works at the Debt Redemption headquarters in San Antonio, Texas.

Some programs are designed to achieve interest rate reductions and resolve debt in 5 to 7 years. Other programs negotiate principal balances and may resolve the debt for less than what is owed in as little as 24 to 48 months. It is imperative to choose a trustworthy company to handle either type of service. Some people enroll in debt relief programs but don’t realize for 2 or 3 years down the road that they are not actually getting the help they were promised.

You can check with the Texas Office of Consumer Credit Commissioner at to see if a company is properly registered to provide debt management services in Texas. Some companies are breaking the law by enrolling Texans into illegal programs.

The Better Business Bureau is a great resource, and companies cannot hide Better Business Bureau complaints. Type in the company name at for more information on any company.

Debt Redemption Texas Debt Relief specializes in providing affordable options for people Texas who are struggling with $20,000, $50,000, or even $100,000 or more of high-interest credit card debt or personal loans. Debt Redemption also has special local resources they have never seen an out-of-state debt relief company offer. For a free and no-obligation phone or office consultation, call or text 800-971-4060 or visit

Debt Redemption Texas Debt Relief says you may live in the best state if you live in Texas and cannot afford to pay your credit card debt.

No matter where you may live, dealing with overwhelming debt is not easy.  Not only can the debt cause stress, which may lead to health issues, but it can affect your financial future for many years if not resolved.  Many Texans do not realize that Texas has consumer protection laws to help protect people in debt.  We will explain options to deal with high-interest credit card debt and personal loans such as debt consolidation with credit counseling and debt settlement.  But first, let’s understand a little bit more about the consumer protections in Texas.

There are two primary protections Texans have that most other states do not provide for their residents.  The first is the inability of normal lenders to garnish wages of Texas residents.  This exemption does not apply to government-backed debts such as federal student loans and taxes.  It also does not apply to court-ordered debts such as alimony and child support.  But what it means is that normal lenders such as banks issuing credit cards and personal loans cannot garnish your wages, even after successfully filing a lawsuit and obtaining a judgment against you.  In most other states, if you do not pay a judgment, the lender can take a percentage of your monthly income by forcing your employer to pay a set amount monthly to the creditor.  However, this does not mean the lender cannot attempt to collect a judgment in the Loan Star State.  If you continue to deposit money into a checking or savings account after the lender obtains a judgment, the lender will be able to take it from your bank account with no warning in Texas. 

The second significant protection afforded to Texans in combat against non-government related debt is our 100% homestead exemption.  A typical creditor cannot force you to sell your homesteaded primary residence to pay the debt.  Your homestead can be up to 10 acres urban property (single or family) and up to 100 acres rural (single) and 200 acres (family).  Also protected are household items, up to $30,000 for a single person and $60,000 for a family.  Up to one vehicle for each licensed driver in the house is also protected.  Second homes and vacation homes do not have this protection, and creditors may be able to auction them to pay debts if they hold a court-ordered judgment.  Creditors may attempt to put a lien on homestead property in hopes of getting paid when you eventually decide to sell it. Still, an attorney may remove the lien so that it does not require payment during escrow.  Please keep in mind this article is intended only for general information and may not be construed as any form of legal advice.  For legal advice, consultation with a qualified attorney will be necessary

Additional protections afforded to Texas residents is the Texas Finance Code.  Any USA resident is protected by the Fair Debt Collection Practices Act (FDCPA), but the federal protections only extend to 3rd party debt collectors and not your original creditors such as a bank who issues a credit card or line of credit.  The Texas Finance Code offers a much higher level of protection for Texans by extending by making creditor harassment potentially illegal for original creditors, in addition to 3rd party debt collectors.

The above protections do not mean that you should ignore your debt problems.  If you have fallen behind paying credit cards or unsecured installment loans, it is much better to act before reaching the point of creditors filing lawsuits.  There are some debt relief options to consider, including traditional credit counseling debt management plans, debt settlement (also referred to as debt negotiation), and bankruptcy.  The first option to consider is a traditional credit counseling debt management plan.  These programs may work well to consolidate debt if most of your debt is with credit cards, and you are no more than six months delinquent.  Debt consolidation with credit counseling does not give you any reduction in your principal balances but provides an interest rate usually between 7 to 11 percent.  The lower interest rates could provide a monthly cost less than making minimum payments to your credit cards directly.  Another advantage that the programs could be 5 to 7 years in length, which is a much shorter time compared to making minimum payments. 

Debt settlement or debt negotiation is another option to consider if you are struggling with debt.  These programs negotiate reductions in your principal balances and may provide a monthly cost that is much lower than traditional credit counseling.  These programs are usually estimated between 2 to 4 years, so they have the potential to help you become debt-free faster and start re-establishing your credit more quickly.  Debt settlement programs also can enroll more types of installment loans, including extremely high-interest predatory loans that credit counseling is unable to assist with. 

Bankruptcy is another option to consider.  A successful chapter 7 bankruptcy may be able to wipe out all unsecured debts in a little as 90 days.  It is not always possible to qualify for a chapter 7 if there is enough income or assets to pay back some or all the debts determined by the bankruptcy court.  In such cases, the only type of bankruptcy available could be a chapter 13 repayment plan.  The amount paid back to creditors in chapter 13 could be more or less compared to a debt settlement plan.  Most people consider bankruptcy as a last resort, and it could affect future employment.  Bankruptcy may be public record for the rest of your life, so it could have long-term consequences even after it no longer shows on a credit report.  If you are considering bankruptcy, it is essential to speak with a qualified bankruptcy attorney.

Debt Redemption Texas Debt Relief can assist Texans with both traditional credit counseling and debt settlement programs.  Being a Texas-based company which only focuses on Debt Relief in Texas, they have additional resources to help utilize protections afforded by the generous consumer protection laws.  If you are considering debt consolidation, debt relief, debt settlement, or debt negotiation in Texas, call 800-971-4060 or visit for more information.  Phone and office consultations are free with no obligation.

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