Debt Free America

Debt Free America: debt relief consulting for unsecured balances

Debt Free America presents itself as a consultancy that advises clients on a range of options for dealing with debt and, in most cases, aims to replace several high-interest payments with one program payment sized to the client's budget. The company frames its service as an alternative to bankruptcy for people whose minimum payments barely reduce their balances.

Its stated approach is built around three stages: a free one-on-one consultation with a debt consultant to review the available options, consolidation of multiple payments into a single monthly program payment, and a timeline the client selects within a personalized range of 24 to 60 months. The company states that no minimum credit score is required to start.

How the program is structured

According to the site, the program replaces several high-interest obligations with one affordable monthly payment designed around the client's budget, and the client chooses the duration of the plan. Debt Free America describes its fee model as performance based: it states that it charges no upfront fees and bills only once a debt is settled.

The company lists the following among the program's benefits:

• A lower monthly payment
• No upfront fees, with charges applied only after a settlement
• A stated goal of becoming debt-free in 24 to 48 months
• Positioning as a real alternative to bankruptcy
• A single payment instead of juggling multiple bills

The site also indicates that most programs last between 24 and 48 months, depending on total debt and the amount the client can deposit each month, while the timeline selection is described elsewhere as ranging from 24 to 60 months.

Which debts qualify

The company specifies that it works with unsecured debts and sets a minimum qualifying debt of $10,000. The categories it lists as eligible are credit cards, personal loans, medical bills, private student loans, collections and business debt.

It explicitly excludes mortgages, auto loans, federal student loans, taxes and child support. The site also notes that forgiven debt may be treated as taxable income and directs clients to a tax professional on that point.

Consulting scope and cost questions

Asked what the company does, its FAQ describes advising clients on a wide array of options, including loans, debt consolidation, debt resolution, credit counseling and bankruptcy, with the usual aim of obtaining a more manageable payment. On cost, the answer repeats that no upfront fees are charged.

Regarding credit scores, the company states that all options for paying off debt affect credit in one way or another and that opening or closing accounts typically causes a temporary dip, without offering a specific figure.

Estimates and educational material

The site includes a savings calculator in which the user moves a slider to set the debt amount, from $10,000 to $100,000 or more, and sees an estimated potential saving and an approximate new monthly payment. The company labels these outputs as illustrative only, with results varying by amount and interest, and offers a free consultation with a specialist.

It also points to a learning center with free guides on debt, credit and rebuilding finances, presented as material to read before speaking with anyone. The site is available in English and Spanish, and the company describes the initial consultation as free, confidential and completable in under two minutes.