About Us

CreditCare Solutions is a 501(c)(3) nonprofit organization offering confidential and professional credit counseling, debt management services, bankruptcy education, housing counseling and educational initiatives promoting financial literacy since 2005. When your financial future is at stake, you want to partner with a trusted leader who provides sound, legitimate and proven solutions for getting out of debt.

Our Core Values

We have a passion for compassion. It’s the heart of our service.

Honesty and transparency are our guiding lights, and grit is what fuels us.

You will know we were here by our impact on hearts, minds and wallets. We grow resilience.

We are not an island. Uniting with our team, clients and community amplifies our impact.

We do more with less by being thoughtful, creative, adaptable and thinking differently.

CreditCare Solutions is trusted and reputable and has helped over a million people like you repay a staggering $3.4 billion in debt. With a fair 9% in charges required post settlement, CreditCare offers exceptional debt relief plans that are completed within 18-36 months and have no negative impact on your credit score. CreditCare Solutions is also a member of the National Foundation for Credit Counseling (NFCC) and is accredited by the prestigious Council on Accreditation (COA).

Our Mission

Build resilient individuals, families and communities with innovative financial solutions and education.

Our Vision

To be the leading financial solutions partner that empowers people to achieve their dreams.

Memberships/Affiliations

Member of NFCC (National Foundation for Credit Counseling)
Accredited by the Council on Accreditation (COA)
Affiliated with InCharge Education Foundation, Inc. (ICEF) which provides financial literacy training to service members and their families through Military Minutes

FAQs

WHAT SERVICES CAN YOU OFFER ME? ▶

WHAT SERVICES CAN YOU OFFER ME? Our clients have access to a wide network of partners including options for consolidation loans, credit counselling services, bankruptcy referrals, and more. Our team of debt relief experts will review your unique situation and offer solutions based on your situation, your location, and your goals.

HOW DOES YOUR DEBT RELIEF WORK? ▶

We can cut your monthly payments immediately to relieve cash flow pressure and help you focus on becoming debt-free as inexpensively and quickly as possible.

Our program is easy to understand. Rather than paying your creditors, you’ll deposit a monthly payment to a savings account. As funds build up, we’ll contact your creditors to negotiate and agree upon reduced balances. (Because you’re no longer paying the creditor, they will likely view getting a reduced amount as better than risking no payment at all) Then, you’ll authorize us to use the funds in your savings account to pay your creditors the lower, negotiated amounts. As accounts are paid off, they should be reported back as a zero balance.

CAN I AFFORD THIS? ▶

CreditCare Solutions go way beyond making sure you can afford us – we take the time to review your budget to make sure the solution we suggest will actually help take the pressure off. And, because you can customize your deposit schedule, it’s easier to feel in control throughout the process.

WILL I HAVE TO PAY TAXES ON THE FORGIVEN DEBT? ▶

That depends. Your creditors will issue you a 1099-C form for any debt forgiven over $600. The forgiven debt counts as income. But, if you are insolvent (you have more liabilities than assets) at the time we settle with your creditors, you may not have to pay any taxes on the forgiven debt. “A taxpayer is insolvent when his or her total liabilities exceed his or her total assets. The forgiven debt may be excluded as income under the ‘insolvency’ exclusion. Normally, a taxpayer is not required to include forgiven debts in income to the extent that the taxpayer is insolvent.” Meanwhile, a group of experienced tax counsellors are available to help navigate you through to the best available options after debt settlement.

WHAT MAKES ME A GOOD CANDIDATE FOR DEBT RELIEF? ▶

CreditCare debt settlement programs are a great choice for people with high levels of unsecured debt who are struggling with financial hardship, like a divorce or job loss. If you’re barely keeping up with your minimum payments and the balances on your accounts keep growing, then our program may be right for you. Why fight a losing battle against rising debt, when our debt relief services can help?

HOW IS DEBT RELIEF DIFFERENT FROM BANKRUPTCY? ▶

We are not attorneys and cannot provide legal advice. But based on publicly available information online, bankruptcy is generally seen as a last resort and can come with harsh consequences. It may impact your credit score for up to 10 years, which means it could take a long time to recover. You can be denied employment, state licenses, insurance – even occupancy of an apartment. Plus, there’s a risk that major assets could be seized, causing you to lose personal property.

Debt relief is the process of negotiating outstanding debts, using a combination of debt forgiveness and a reasonable payment plan to help you become debt-free. Our program can help you realize a significant reduction in the amount you owe, cost you a lower monthly payment, and have your enrolled debt paid off in as little as 16-36 months.

WHO IS HOLDING MY MONEY WHILE I’M WAITING ON A SETTLEMENT? ▶

Your money will be held in an FDIC-insured account. The account will be opened by you, in your name, and you’ll have ultimate control over its funds. The money saved gets disbursed only at the time an agreement is reached with the creditor and you approve the settlement offer.

As a single mother struggling with medical bills, I accumulated over $30,000 in debt, I thought I would never climb out of that problem. CreditCare Solutions not only helped me consolidate my debt and settle in a single payment for $15,000 but also gave me peace of mind and great assistance with the taxes. I can't think of any better solution for any kind of debt settlement issue outside CreditCare.

•Sarah Johnson, 35, Business owner, California, completed in 2 months.

I was on the verge of bankruptcy with $70,000 in credit card debt hanging over me. CreditCare came to the rescue, helping me settle for $38,000 and saving my livelihood.

•Daniel Clark, 42, Entrepreneur, Washington, completed in 24 months.

After accumulating $100,000 in student loans, I was unsure how to move forward. CreditCare Solutions was a game-changer, settling my debt for $45,000 and allowing me to start fresh. No harm to my credit score and the gift of college program brought so much extra assistance throughout the entire settlement plan.

•Kevin Miller, 32, Teacher, Texas, completed in 18 months.

Managing $60,000 in debt from various sources was taking a toll on my mental health. Thanks to CreditCare Solutions, I settled for $35,000 and can now focus on my well-being.

•Emily Wilson, 36, Accountant, Florida, completed in 18 months.

I sincerely thought I'd drown in $50,000 of credit card debt, feeling hopeless and overwhelmed. Thanks to CreditCare Solutions, I was able to settle my debt for just $24,000! Was the best deal I could get and I'm totally grateful I found CreditCare. Highly recommend.

•Samantha Brown, 41, Therapist, New York, completed in 19 months.