1. Our Texas Debt Relief service fees are typically up to 40% LESS compared to most competitors, especially out-of-state companies. Please see our lowest-fee guarantee FAQ.
2. Debt Redemption is 100% veteran-owned, Rated A+ with the Better Business Bureau, and has been serving Texans for two decades. Please read all our BBB complaints by clicking here: Debt Redemption Better Business Bureau
3. We specialize in servicing Texans exclusively. We believe our clients have an advantage over “cookie-cutter” or “assembly line” programs from the Debt Relief companies working nationally. We also feel that by focusing on helping fellow Texans, we can do it much more efficiently, and we pass these savings on to you.
4. We do not charge fees for our Texas Debt Relief program until a debt is reduced and payment is made towards the settlement. Fees are charged proportionally to the settled debt balance.
5. In-person consultations are available at our Headquarters.
6. We offer multiple debt solutions. Please see the following FAQ.

Headquartered in Texas, our Debt Specialists exclusively help Texans resolve very high credit card debt and personal loans. Options available include:

1. Our Texas-based Debt Relief Program to negotiate forgiveness of a large portion of your credit card and personal loan debt balances.
2. An affiliate platform to help you shop multiple lenders for the best credit card debt consolidation loan.
3. A highly-rated Credit Counseling resource to reduce your credit card debt interest rates without a new loan.
4. Assistance with the resolution of creditor lawsuits.
5. We can also recommend a highly rated Texas bankruptcy law firm if you prefer to pursue bankruptcy or compare bankruptcy to non-bankruptcy options. The law firm offers affordable payment plans to clients referred by Debt Redemption.

Debt Negotiation also referred to as Debt Settlement, is a hardship program to resolve unsecured debt by negotiating a lower amount to pay your creditors and settling in full with a zero balance. The process involves setting money aside in a new special purpose account rather than making small monthly payments to your creditors. During this process, your debts go or remain delinquent while making a monthly payment into an FDIC-insured Special Purpose Account. Enrolled debt is negotiated and settled one at a time using money that accrues in the special purpose account until all debts are settled with a zero balance remaining. In some cases, the monthly amount that you pay into your Specialist Purpose Account could be less than half compared to making high-interest credit card monthly payments, and the time frame to resolve the debt is estimated based on what you can afford. Most programs are structured with an estimated length between 24 and 48 months, although some clients have been able to resolve their debt in as little as six months. Programs may be estimated to be approximately 72 months in some extreme hardship cases. Programs can be longer or shorter than estimated, depending on the results of negotiations. After 48 months from the first delinquency, debts in Texas become time-barred. This means creditors and debt collectors cannot use the legal system to collect the debt. Some clients choose not to settle debts that reach time-barred status.

Credit Counseling is a hardship program designed to reduce your credit card interest rates, often to around 6 to 10 percent without a new loan. Depending on your current interest rates, the program is likely to lower the monthly cost of your debt and provide you with one convenient monthly payment. These programs will also accelerate your ability to pay off your debt. Most Credit Counseling programs are structured to last about five years. Credit Counseling will not negotiate down your balances, only your interest rates.

It is illegal for any company to make such a guarantee. We will provide a realistic good-faith estimation using historical settlements from two decades of experience and factoring in the specific creditors you owe. We have found it common for many other companies to make unrealistic claims and “bait and switch” their clients. These tactics are often uncovered by reading the patterns of Better Business Bureau complaints. One of the largest out-of-state Debt Relief companies was sued by the federal government and several state governments for charging high fees and providing unrealistic outcomes. Our goal is for our clients to graduate sooner than estimated as much as possible, although some clients will be enrolled longer than estimated due to various factors. Debt Redemption will not give you an unrealistic expectation to convince you to enroll. Speak to one of our Texas Debt Specialists if you want an honest evaluation. We will always work hard on your behalf to save you the most money possible.