Debt Repayment

Get out of Debt

Our Debt Repayment system is a clear guide on how to more efficiently pay down your debt. Taking into account your debt obligations and interest, the system will show you exactly how to properly allocate your money towards your monthly payments using nothing more than your current income, in order to speed up your debt repayment. This system will show you exactly how fast you can pay down your debt, how much money you’ll save in interest and detail your monthly payment plan to help you achieve your debt payoff goals!

Frequently Asked Questions

Where do i find the Reference Number for my account?

The Reference Number should be clearly identified any correspondence from us or in our invitation to resolve your debt online. If you cannot locate or do not know the Reference Number, please contact us.

What if the debt is not on my credit report?

The reporting of credit accounts is governed by the Fair Credit Reporting Act (FCRA) and is not the same as the Fair Debt Collection Practices Act (FDCPA). Credit reporting is an optional service for all creditors and there are many credit accounts that are not reported to the credit bureaus (cable, phone, rent, loans, etc). For this reason, the absence of a delinquent account on your credit profile is not related to the validity of the account or the responsibility to repay the debt.

If you have an outstanding debt that has not been paid, whether it is on your credit report or not, you are still responsible for resolving it.

What if my login credentials do not work?

Confirm you have correctly entered the Reference Number and the last 4 digits of your SSN and your last name. If you still cannot log in, your information may be incorrect or the special opportunity may have expired. In that case, please contact us to find out why you cannot log in.

What is a Settlement?

A settlement occurs when you pay part of the total owed, and we agree to consider the account paid in full.

To negotiate a settlement, you’ll typically need some cash immediately to pay the agreed-upon amount. You may also owe taxes on the amount that is forgiven. The IRS considers forgiven debt as income for that year.

Will you refuse a payment plan?

It’s important to know that collection agencies aren’t legally obligated to accept or agree to payment plans. Collection agencies don’t have to work with the customer or agree to any payment schedules based on what they are reasonably able to afford. However, we will try to work with the customer as much as possible to resolve the debt effectively.

Will you remove an account off my credit report if I pay the balance?

Accounts that are sent to collections typically remain on a consumer’s credit report for seven years. However, there are some instances where an account can be deleted when paid in full. Contact us to see if your account qualifies.

Which option is right for me?

Only you can decide which option is best for you to resolve your debt. In reviewing the available options, make sure to select an option and payment that you truly can afford. Should you miss a payment, the agreement may be voided and full balance may be due. Consider if you can afford to pay the full balance today, defer the payment by a few days, or pay it over monthly payments. If paying your account in full is not an option right now, you may, if available, offer to resolve your account for less than what you owe.

Can I really resolve my debt for less than the balance?

Yes! If you are presented with an option to negotiate to pay less, any reasonable offer to settle your account for less will be considered. Please begin the negotiation process by presenting a reasonable offer to settle, or it may not be accepted. If the offer is reasonable, we will come back with up to 3 counter offers. You may choose to accept one of our counter offers, or you can choose to make another offer.

How much should I offer to resolve my debt for less?

Any reasonable offer to settle your account for less will be considered. The offer that you make to settle should represent a reasonable percentage of the balance owed. A reasonable offer will be accepted, or we may come back with up to 3 counter offers. You may choose to accept one of our counter offers or make us another offer.

What is a counter offer?

A counter offer is an alternative resolution amount that may be presented back to you if your original offer was not accepted. You may receive up to 3 counter offers each time. To resolve your account, you can either accept one of these counter offers or present a different amount.

What should I do if I am sued for a debt?

If you are sued you can contact the collection agency to negotiate an out-of-court settlement in exchange for having the lawsuit dropped.

Failure to negotiate a settlement or show up for your court date, the court will likely rule in the favor of the collection agency and a default judgement or court order will be placed against you. This means you could have your wages garnished or a lien placed against your property. A default judgment typically occurs 20 days after service of a lawsuit. In many states, judgments are enforceable for ten to twenty years, and can be renewed.

What happens if I don't pay?

If you don’t pay the debt and you do owe the money, a collection agency may eventually file a lawsuit against you. If the agency gets a judgment in that lawsuit, it can seek repayment of the debt via legal methods such as wage garnishment or freezing your bank accounts.

Over how many payments can I resolve my debt?

The range of monthly period(s) to resolve your account varies by each account. The system will not allow you to set up payment arrangements beyond a permitted range. Consider what you can realistically afford to pay according to your payroll frequency. Remember that if you miss a payment or are late in paying, the agreement may become null and void. Make sure that you feel confident about your ability to pay the agreed upon scheduled amount each monthly period for the entire term of the agreement.

What if I don't have money right now?

Even if you don’t have enough money to satisfy your account today, there may still be options available. For instance, consider making more affordable monthly/semi-monthly/weekly/bi-weekly installments and if possible, defer the first payment. Or, see if you qualify to resolve your account for less than what you owe. 

How can I make my payments?

You can login to your account online to make your payments, contact us via phone, email or the live chat option on our website.

When are the payments withdrawn?

The first payment will be processed on the date that you select.  If more than one payment is set up, the payment will automatically occur on the scheduled date in the payment plan. Dates are generated based upon weekly, bi-weekly, 28 day and monthly intervals. You may review your account status online by logging into your account at any time to verify payment receipt and posting.

Will I pay taxes on the amount forgiven?

We do not provide tax advice. The following is for general information purposes only. The discharge of indebtedness may be considered taxable income. Resolutions that result in debt forgiveness of an amount equal to or greater than $600 may be reported to Internal Revenue Service. As to whether you will have a tax consequence is based on your specific financial situation at the time of the account resolution. For more information, visit or seek the advice of a tax professional or other qualified advisor.

What happens if I miss a payment after I have agreed to resolve my account?

Your agreement to resolve the account is based on all payments being received on time. Should you miss a payment, the agreement may become null and void and you may face additional consequences.  The full balance, return fees, less any payments applied to the account, may be due. If you anticipate missing a payment, please contact us before the scheduled payment is due to discuss what options may be available to you.

What payment methods do you accept?

Visa, Mastercard, American Express and Discover debit or credit cards are allowed. You may set up direct withdrawal from your savings or checking account.