Debt relief
Working hard and still stuck on the minimums?
You're not bad with money. A lot of hardworking people end up here. We'll help you see whether a vetted debt resolution program could be a steadier road out.
Check my options →- ✓ No credit pull to start
- ✓ No obligation
- ✓ Talk it through first
This may fit if
You owe $10,000 or more on credit cards, personal loans or medical bills.- You have steady income but the balances barely move.
- Paying only the minimums feels like it will take years.
- You'd like to talk your options through before deciding anything.
It may not be right if
- Most of what you owe is a mortgage, car loan or federal student loan. Those usually aren't eligible.
- You don't have income coming in right now. Programs need a steady monthly deposit.
- You need to protect your credit score in the next year or two, for example to buy a home soon.
How it works
- 1
Answer a few quick questions
Tell us roughly what you owe, how you earn and where you live. It takes about a minute and doesn't pull your credit.
- 2
Talk it through with a specialist
If a program may fit, a specialist can walk you through how it works and what it costs in a short call.
- 3
You decide
There's no obligation. Take your time, ask questions, and only enroll if it feels right for you.
Good to know before you start
Your credit score may dip
Debt resolution usually means you stop paying creditors while you save. Your score is likely to drop while you're enrolled, and late payments can stay on your report.
Fees come after results
Reputable programs don't charge fees until a debt is settled and you've made a payment on it. That's the FTC rule. If anyone asks for money upfront, walk away.
Settled debt may be taxable
When a creditor accepts less than you owe, the IRS may count the difference as income. A tax professional can tell you how it applies to you.
Results aren't certain
Creditors don't have to agree to settle, and some may still pursue collection while you're enrolled. Free nonprofit credit counseling is another option worth a look.
Questions people ask
Is Ledgerlane a debt relief company?
No. We ask a few questions and connect you with independent, vetted debt resolution programs. We don't hold your money or negotiate with creditors ourselves.
Will checking my options hurt my credit?
No. Our quiz doesn't pull your credit. If you later enroll in a program, it can affect your score, and the specialist should explain how.
How is this different from a consolidation loan?
A consolidation loan pays off your balances with a new loan you repay in full. Debt resolution tries to settle what you owe for less, which costs fees and can hurt your credit for a while.
What kinds of debt can be included?
Usually unsecured debt like credit cards, personal loans and medical bills. Mortgages, car loans and federal student loans usually can't be included.
Do I have to decide on the call?
Not at all. The call is to help you understand your options. You can think it over, talk to your family, or say no.
See which options fit you
A few quick questions, about a minute, no credit pull. You don't have to decide anything today.
Check my options →Debt resolution programs can lower your credit score while you're enrolled, results vary by program, and not all debts are eligible.