Compassionate Debt Settlement Solutions
Your guide to trusted debt relief solutions since 2012.
A partner to DebtWave. A partner to you.
Discover a Path to Peace with FaithWorks Financial
Our debt relief agency has helped thousands of people overcome millions of debt. Here’s what sets us apart:
No-Pressure Consultations:
Learn about debt settlement and other solutions in a free, no-pressure session. You’ll never be asked to make a decision in your first call. You deserve time to think, pray and make an informed decision.
Shared Values:
Our focus is on resolving debt, but we hope to uplift your spirits along the way. Work with a debt counselor who understands and respects your faith journey.
No Up-Front Fees:
We set you up for success. Our network of debt settlement providers offer performance-based services, meaning they only earn a fee once they’ve settled your debt.
Purpose Before Profit:
We’re here to help you find the best solution, not just to make a profit. If we see a better option outside of our network, we’ll let you know.
Effective Debt Settlement:
Reduce your payments and resolve your debt faster and easier than you thought possible.
Eligibility and Criteria
Eligible Debts:
Credit Cards
Medical Bills
Unsecured Personal Loans
Collection Accounts
Ineligible Debts:
Student Loans
Secured Debts
(e.g., Car Loans, Home Loans)
(e.g., Car Loans, Home Loans)
Debts to Family or Friends
Government-Backed Debts
Debt settlement services are designed for those with at least $10,000 in unsecured debts. All cases are situational, but accounts eligible for debt settlement generally include credit cards, medical bills, repossessions, and other unsecured debts.
Unfortunately, debt settlement does not generally handle student loans, secured or government-backed debts, or debts to family and friends.
Don’t just take our word for it. Hear how others have achieved financial relief and peace of mind through our services.
Here’s who typically benefits
Debt settlement may be for you if:
Unmanageable Debt: Ideal for individuals with $10,000 or more in unsecured debts, such as credit cards, medical bills, and personal loans.
Financial Hardship: Best for those who are struggling with high
monthly payments and are experiencing financial distress.
You've tried Debt Management: If you explored a Debt Management Plan and found the payment too high or your debts didn't qualify, debt settlement may provide a more affordable and comprehensive solution. If you haven't explored that option, we suggest speaking with DebtWave Credit Counseling about a Debt Management Plan before starting a debt settlement program.
Debt Pressure > Credit Need: Debt settlement is best for those
who know that resolving unmanageable debt may be worth a credit
sacrifice to gain long-term stability. Credit is a tool and not all
tools are needed in all seasons.
You Are Already Delinquent: If you are already behind on your
debts, you likely don’t qualify for a Debt Management Plan or debt
consolidation loan. Settlement offers a plan of action to resolve the
delinquent debt.
Willingness to Negotiate: Effective for those open to negotiating
with creditors to reduce their total debt amount. Results will vary
and some creditors are more difficult than others, but most debt
settlement programs will claim and aim to resolve your debt for
about half of what is owed, before fees.
Debt settlement may not be for you if:
Your Debt is Less Than $10,000: Debt settlement typically works best for individuals with higher unsecured debt amounts.
You Can Manage Payments: If you are able to make your monthly
payments without significant hardship, other solutions like debt
management may be a better fit.
You Can’t Imagine Missing Payments: If you are able to stay current, that’s always the goal. Debt settlement is an aggressive approach that’s meant for hardship situations and the process does involve accounts falling behind. While there is a plan in place to settle the debt, some may find non-payment too uncomfortable.
You Prioritize Credit Over Debt Relief: If maintaining or improving your credit score is your top priority, debt settlement may not be ideal since it often involves a temporary dip in credit scores due to an initial history of non-payment.
You’re Looking to Settle Government or Student Loans: Debt
settlement does not cover student loans, tax debts, or other
government-backed debts.
You Can’t Afford a Monthly Payment: Even though debt settlement is among the most cost effective solutions, it does require a regular and committed monthly payment. If you cannot afford a reasonable monthly payment, bankruptcy may be a more suitable option.
Take the first step towards
financial freedom.
At FaithWorks Financial, we’re here to lend a hand, not just in spirit, but in connecting you with the right debt relief solutions. We’re a third-party matchmaker—think of us as your guide to navigating financial peace. While we don’t provide debt settlement services ourselves, we work with a network of trusted experts who do! And don’t worry, our advice is 100% free to you. We get paid by the service providers, but this never changes what you pay. We’re all about purpose before profit. Got questions? Check out our privacy policy or drop us a line at [email protected]. We’re always happy to chat!
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