Advertising & Program Disclosures

How we're paid, and what you should know about debt relief programs.

Advertising disclosure

Debt Resolution Network is a free, independent matching service operated by Common Acquire LLC. We receive compensation from the debt relief companies we refer consumers to (our Marketing Partners). This compensation may influence which companies we work with and which company contacts you. We do not include every debt relief company or every program available in the marketplace.

Debt Resolution Network is not a debt relief provider, lender, credit repair organization, credit counseling agency, or law firm, and is not affiliated with, endorsed by, or acting on behalf of any federal, state, or local government agency or program.

Important information about debt resolution (debt settlement) programs

  • Not everyone qualifies. Eligibility depends on factors such as the amount and type of your debt, your state of residence, and your ability to make monthly program deposits. Programs are not available in all states.
  • Credit impact. Programs generally require you to stop making payments to enrolled creditors while funds accumulate. Missed payments are reported to credit bureaus and are likely to lower your credit score; settled accounts may be reported as “settled for less than the full amount.”
  • Collection activity may continue. Creditors are not required to negotiate or settle. They may continue collection efforts, including calls and lawsuits, and late fees and interest may continue to accrue while you are enrolled.
  • Fees. Program fees are usually a percentage of the debt enrolled or settled. Under the Federal Trade Commission's Telemarketing Sales Rule, debt relief companies that sell their services by phone may not collect fees until they have settled or otherwise resolved at least one of your debts and you have made at least one payment under that settlement. Some states impose additional limits.
  • Your money stays yours. Program deposits are typically held in a dedicated account in your name that you control. You can withdraw from a program at any time and receive the funds in the account, less any fees properly earned.
  • Possible tax consequences. The IRS may treat forgiven debt as taxable income. Consult a tax professional about your situation.
  • Results vary. Any savings estimates are not guaranteed. Results depend on your creditors, your circumstances, and whether you complete the program. Not all enrolled debts may be resolved, and some consumers do not complete their programs.
  • Consider alternatives. Other options may suit you better, including nonprofit credit counseling and debt management plans, consolidation loans, negotiating directly with your creditors, or, in some cases, bankruptcy. Consider speaking with a qualified professional.
  • Read everything. Carefully review all program agreements and disclosures before enrolling, and ask about total costs, timelines, and cancellation rights.

Testimonials and examples

Any examples, scenarios, or statements on this Site are for illustration only and do not represent a promise or typical result.

Helpful resources

Questions? Contact [email protected].