5 Best Debt Relief Companies of 2024

Debt relief can be very helpful as it offers a lifeline to people burdened by overwhelming debt. It provides a structured path to reduce financial stress and prevent the dire consequences of bankruptcy or legal actions. Debt relief not only safeguards assets and homes but also offers the opportunity to improve credit scores and reestablish financial stability. Debt relief companies offer financial education, promote responsible money management, and ultimately offer a fresh start, allowing you to move forward with renewed hope and the prospect of a debt-free future.

If you need help choosing the best debt relief company to help you accomplish your financial goals, you’ve come to the right place. Below is our ratings of the best debt relief companies of 2024.

Last Updated: January 1, 2024

Lexington Law

Freedom Debt Relief

  • Best for free, no-risk consultation

  • For those with unsecured debts above $20,000

  • Low monthly payments with no upfront fees

  • Excellent reputation with an A+ rating from the BBB

Accredited Debt Relief Review

Accredited Debt Relief

  • Best for fastest results

  • For those with $15,000+ of unsecured debt

  • No upfront enrollment fees required

  • Great reputation with an A+ BBB rating

Turbo Debt Review

Turbo Debt

  • Best for those needing a customized solution

  • For those with over $10,000 in unsecured debts

  • 100% free, no-risk consultation

  • Be debt free in as little as 12-48 months

National Debt Relief Review

National Debt Relief

  • Best for customer service

  • 100% free, no-risk consultation

  • Pay no fees until all of your accounts are settled

  • A+ BBB rating

JG Wentworth Review

JG Wentworth

  • Best for repayment flexibility

  • For those with $10,000+ of unsecured debts

  • Excellent customer service and support

  • No upfront fees, only pay when debts are resolved

Hello Genius Debt Relief Buyer’s Guide


Choosing a legitimate debt relief company is crucial to ensuring you receive the assistance you need without falling victim to scams or unscrupulous practices. Here are some essential steps to help you select a reputable debt relief company:

1- Research Extensively:

Start by conducting thorough research. Look for debt relief companies with a long-standing history and a positive reputation.

Read our Genius reviews, take into considerations a company’s Better Business Bureau rating, and seek recommendations from trusted sources like friends and family.

2- Verify Accreditation and Licensing:

Ensure that the company is accredited by reputable organizations like the American Fair Credit Council (AFCC) or the International Association of Professional Debt Arbitrators (IAPDA).

Check if the company is licensed to operate in your state, as some states require specific licensing for debt relief services.

3- Transparency in Fees and Services:

Legitimate debt relief companies are transparent about their fees and services. They should provide a clear breakdown of costs and offer free consultations to discuss your specific situation.

Avoid companies that demand upfront fees before providing any services. In the United States, it’s illegal for debt relief companies to charge upfront fees under the Federal Trade Commission’s (FTC) Telemarketing Sales Rule.

4- Understand the Services Offered:

Different debt relief companies provide various services, such as debt settlement, debt consolidation, or credit counseling. Ensure the services offered align with your financial needs.

Be wary of companies that push a specific solution without thoroughly assessing your unique situation.

5- Ask Questions:

Don’t hesitate to ask the debt relief company questions about their process, success rates, and how they handle negotiations with creditors.

Request a written agreement that outlines the terms, fees, and a detailed description of the services provided.

6- Check for Legal Compliance:

Verify that the company complies with state and federal laws governing debt relief services. This includes the FTC’s Telemarketing Sales Rule and other relevant regulations.

Understand your rights as a consumer, including your right to cancel the contract within a specific timeframe.

7- Assess the Company’s Track Record:

Ask for references or testimonials from past clients to gauge the company’s track record of success.

Look for any complaints or legal actions against the company to ensure they have a clean record.

8- Consider Red Flags:

Beware of companies that make extravagant promises, such as guaranteeing to eliminate your debt entirely or promising immediate results.

Be cautious if the company pressures you into making quick decisions or if they claim to have inside connections with creditors.

9- Seek Legal or Financial Counseling Advice:

Consult with a trusted attorney or financial advisor to get an independent opinion on whether a specific debt relief company is reputable and right for your situation.

10- Compare Multiple Options:

Don’t rush your decision. Compare multiple debt relief companies to find the one that best fits your needs and offers a reasonable fee structure.

By following these steps and exercising due diligence, you can choose a legitimate debt relief company that will help you navigate your financial challenges while avoiding scams and unscrupulous practices. Remember that it’s essential to take your time and make an informed decision to protect your financial future.

How We Evaluate Debt Relief Companies

The staff at Hello Genius takes our reviews seriously and considers our decisions carefully. There are many debt relief companies in the market but only a handful in our opinion can be considered among the best in the business.

We reviewed several debt relief companies and rated them against several important factors including overall experience, brand reputation, customer satisfaction, scope of included services, fees, results, and more.

When available we do participate in a company’s affiliate program so we can earn compensation should one of our readers sign up for their services. We do this so we can continue to provide valuable content without having to charge our readers to access this website.