FREQUENTLY ASK QUESTIONS

Debt Settlement is a process that allows our negotiating team to negotiate your debt down by as much as 50% or more.

Most of our clients see their debt cut by as much as half and their payments cut by as much as half.

DAC’s leadership team has over 80 years combined in the financial sector, with over 20 years in the debt resolution space. Our negotiating team has settled more than $1B worth of debt.

You only agree to a fee if your debt is settled. That fee will range from 15-25% of the debt settled.

There will be a short term effect on the credit; however, as we settle each account, most clients find themselves back to credit worthiness and lendable again upon graduation of program.

No, but you can provide the number to our negotiation team which will handle these calls for you, thus saving you time and headache.

No, any debts that you enroll will no longer be eligible to use.

Absolutely. Most of our clients will settle their debt by as much as half of what they owe, reduce their payments by half, become debt free in 12-48 months, stop paying interest, and find themselves credit-worthy and lendable upon graduation of the program.

Unsecured debt including high interest credit cards, medical, collections, personal loans, private student loans. Call us to see what is eligible.

 Yes. You don’t pay a penny until you agree to a settlement. All payments are collected in a FDIC insured account in your name. Once a creditor becomes eligible to pay off, you approve the payout. Therefore, all the funds are refundable if you don’t agree to settle.