Frequently Asked Questions
Everything you need to know about working with Salvation Debt.
Who is Salvation Debt and why should I trust you?
Salvation Debt is a community helping fellow Christians find financial freedom. We carefully vet our partners to ensure they are accredited with industry associations and have strong track records. Our network has collectively helped hundreds of thousands of clients resolve billions in consumer debt.
What makes Salvation Debt different from other services?
We let you see all your options in one place, customized for your situation. Unlike generic comparison sites, Salvation Debt provides personalized, prequalified options specific to your debt situation without affecting your credit score. Our faith-based approach means we treat every person with dignity and compassion.
What services can you connect me with?
Through our partner network, we can connect you with debt settlement, consolidation loans, credit counseling services, bankruptcy referrals, and more. Our team reviews your unique situation and suggests providers offering solutions based on your circumstances, location, and goals.
How does debt relief work?
The specifics vary by program and provider. Generally, debt relief programs aim to help you get out of debt faster and for less than making minimum payments. In debt settlement, you make monthly deposits into a dedicated savings account, then the company negotiates with your creditors to reach reduced settlement amounts.
What debt relief services can I find through Salvation Debt?
We connect you with providers offering solutions for unsecured debt, including credit cards, personal loans, and medical bills. Depending on your situation, you may qualify for a debt consolidation loan or debt resolution services, which can lower your monthly payments, reduce the total amount you owe, and eliminate thousands of dollars in debt.
Which is the best debt relief solution for me?
Each solution comes with its own pros and cons, along with different short-term and long-term consequences. We offer an online questionnaire and experts who provide a free debt assessment to help determine which debt relief solution can best fit your needs and your budget.
How much do debt relief services cost?
You will not pay anything to see your options. When you choose a program, there are no upfront fees — you only pay when a debt is settled. Fees vary by state and program but are usually less than what you are currently paying in minimum payments. In debt settlement, you will pay a fee calculated as a percentage of your debt, but you may still save a significant amount compared to your original balances.
How much can I save with debt relief through Salvation Debt?
You may save through lower monthly payments, reduction of your total debt owed, and elimination of long-term interest fees. Debt relief programs help you get out of high-interest debt much faster than continuing to make minimum payments on your own.
How long does the debt relief process take?
Most people complete their program in 24 to 48 months. Results vary based on individual circumstances. You can see your options instantly, start a program within days, and begin watching your debt decrease monthly.