FAQ

What Is Debt MD?

  • Is Debt MD a licensed financial institution/professional?

    No, Debt MD is not a licensed financial institution or professional. Instead, it is a platform that connects people with reputable solution providers which include lenders, credit counselors, debt settlement companies, and bankruptcy attorneys.

  • How does Debt MD make money?

    Debt MD receives a fee for referring consumers to services and programs listed on its website.

  • Will using Debt MD cost me anything?

    No, using Debt MD is 100% free. You may, however, be charged a fee by one of our partner service providers.

  • Will any of the solutions featured on Debt MD affect my credit score?

    Yes, unfortunately, some debt relief options featured on Debt MD can have a negative impact on your credit score. For more information regarding credit scores, click here (article). If you wish to obtain your credit report, you can go to www.annualcreditreport.com for a free copy.

  • Which debt solution is best for me?

    At Debt MD, we understand that everyone's financial situation is different. That is why we make sure each user completes a brief debt analysis survey before we recommend a solution. All the options offered on Debt MD are unique to each person's situation, and our goal is to direct them toward the optimal solution to becoming debt-free.

"Don't tell me what you value, show me your budget, and I'll tell you what you value."
- Joe Biden