Eliminate Your Credit Card Debt with Debt Busters

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Key takeaways

Debt Busters specializes in helping clients reduce and settle their credit card debt through customized debt relief plans.
By negotiating with creditors, Debt Busters aims to lower the total amount owed and create manageable payment plans for their clients.
Debt Busters provides a supportive and guided approach, ensuring clients are informed and empowered throughout the debt settlement process.

Credit card debt is a burden many Americans carry. In fact, GOBankingRates found that 30% of Americans have between $1,001 and $5,000 in credit card debt and that 6% have more than $10,000. 6% may sound small, but that adds up to 14 million Americans with over $10,000 in credit card debt!

The credit card debt issue in the United States has only gotten worse. Since the pandemic hit in March 2020, nearly half of all Americans have taken on more credit card debt.

If you’re struggling to keep up with monthly payments and finding yourself falling further into debt, it can feel impossible to get out. But there are options including tailor-made programs by companies like Debt Busters, designed not just to get you out of debt, but to help you stay debt-free.

Let’s see how Debt Busters works and if their program is the debt relief you’ve been searching for.

What is credit card debt relief?

Credit card debt relief is anything that helps you manage your debt and gives you a path to being debt-free. This includes using a debt consolidation loan to get a lower interest rate and simplify payments. A credit card balance transfer is a similar option. Here you transfer your debt from a high-interest credit card to one with a lower interest rate (preferably a 0% APR). Or it can be negotiating with your credit card issuer to reduce the amount owed and give you more time to pay it off. And of course, there are debt management plans where you work with credit counselors to reduce the total amount owed, establish manageable monthly payments, and create a clear path towards a debt-free life. Debt management plans are where Debt Busters excels.

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How can Debt Busters help you become debt-free?

Debt Busters is an IAPDA-certified debt relief company from California on a mission to help individuals break free from credit card debt. Their financial analysts work hard to reduce your debt to a fraction of what you owe, consolidate all your payments into one reasonable monthly bill, and help you become debt-free in 12 to 48 months. The minimum debt requirement to use their services is $10к in credit card debt.

Here’s how they do it:

Expert negotiators: Debt Busters employs skilled financial analysts who negotiate on your behalf to reach settlements with your creditors. They specialize in credit card debt forgiveness, which is when the issuer reduces the amount owed. This can shave years off your debt.

Customized solutions: Your financial situation is unique, and Debt Busters understands that. Their client-centered approach means that they will create a personalized debt relief program for your specific needs and circumstances.

Peace of mind: Trying to negotiate with creditors on your own can be daunting and stressful. Debt Busters’ professional negotiators take this burden off your shoulders, allowing you to focus on rebuilding your financial future. Their goal is to eliminate your financial stress and help you avoid bankruptcy.

Settle your debt in five easy steps

The debt relief process with Debt Busters boils down to 5 simple steps:

Consultation. Fill out a form and tell them about your situation. It’s free, confidential, and you are under no obligation to enter the program. The financial analyst will assess your situation and see if debt settlement is right for you.
Enrollment. Enroll in the program and your personal financial analyst will tailor-make a debt settlement plan for you.
Negotiation. Their expert negotiators will contact your credit card issuers to reduce the total amount owed and your monthly payments.
Settlement. Once a settlement is reached, you make a single monthly payment towards the reduced debt amount.
Financial freedom. You are on your way to becoming debt-free and building a strong financial future.

Debt Busters offers clients a 100% satisfaction guarantee. This means you can cancel at any time with no further obligations if the program is not working for you.

Couldn’t Be Happier

“I couldn’t believe how much debt I had racked up in school – and not just student loans! My credit card balances were over $23,000! I simply was having a hard time keeping up with rent, child care, student loans, and then another $900 a month in credit card bills. Debt Relief was exactly what I needed and I couldn’t be happier with how easy, confidential and smooth the process went. Thanks DB!” Maria H., Single Working Nurse

Who should call Debt Busters?

Debt Busters is an ideal solution for people looking for a structured and effective debt relief plan. To be eligible to work with Debt Busters you must have more than $10,000 and no more than $200,000 in unsecured credit card debt. You should be able to make payments just not the amount being asked. It is also important that you are not currently in bankruptcy or litigation over these debts.

Debt Busters can help reduce and create payment plans for most types of unsecured debt, not just for credit cards. They work with:

Credit Cards
Personal Loans
Lines of Credit
Medical Bills
Collections
Repossessions
Business Debts
Certain Student Debts

Whether you have a mountain of debt or just a molehill, Debt Busters can help you regain control of your finances.

Highly Recommend

“To think I’d ever have the weight lifted off my shoulders from my debt .. Chris did an excellent job taking his time explaining how everything works not only once but twice. To know I’ll be debt free in less than 2 years brings a smile not only on my face but my family’s. I’ll be recommending debt buster to those I know who are in need of help with debt.” Elizabeth Badillo, Google Review

Top five benefits of credit card debt relief

Credit card debt relief programs are designed to help you manage your unsecured credit card debt and find a way out. Here’s how they can help you.

1. Reduce the amount owed

The biggest advantage of debt relief programs is that the company will work to reduce the total amount you owe. Debt relief companies employ financial professionals whose job it is to negotiate with creditors for debt settlement. They have been able to lower the principal balance, reduce the interest rates, settle on a lower monthly payment, and even eliminate late fees. These reductions can help you pay off your debt faster and cost you less money.

2. Get out of debt faster

Credit card debt relief programs are designed to help you become debt-free sooner rather than later. They typically consolidate your debts into one manageable payment so that you can pay off your debts more efficiently. TurboDebt promises to get you out of debt in 24 to 48 months and Debt Busters says 12 months is possible. Shaving months or even years off your debt will save you money and get you out of financial stress faster.

3. Boost credit

While it may seem counterintuitive, enrolling in a credit card debt relief program can actually improve your credit score. When you consistently make on-time payments as part of the program, your payment history improves, sending your score up. Additionally, as your debt decreases, your credit utilization ratio (the amount of credit you’re using compared to your available credit) decreases, positively impacting your credit score.

4. Lower monthly payments

Are high monthly credit card payments causing financial stress? Credit card debt relief programs can significantly lower your monthly payments. They do this by reducing the total debt amount and negotiating more favorable terms with your creditors. Lower monthly payments can give you financial breathing room to cover your essential expenses and make it easier to stay on track with debt payments.

5. Avoid bankruptcy

Bankruptcy should be a last resort for anyone facing overwhelming debt. Credit card debt relief programs provide an alternative to bankruptcy, allowing you to regain control of your finances without the long-term negative consequences that bankruptcy brings. Bankruptcy can stay on your credit report for up to ten years, making it challenging to secure loans or credit in the future. Credit card debt relief allows you to settle your debts without resorting to this extreme measure.

Are you interested in debt relief?

What to know before you start with debt relief

Debt relief can appear to be a very attractive option if you’re having difficulty paying off high-interest debt. Before you decide to pursue it, there are several crucial factors to consider:

Fees

Most debt relief programs come with fees, and it’s vital to understand the cost implications. For a debt settlement plan, the fee is typically 15% to 25% of your total debt. If you go with a credit counseling agency, many of the services are free but if you set up a debt management plan they will usually charge a set-up and then a monthly fee.

Interest

If you’re considering a debt consolidation loan it is vital to compare interest rates to make sure that you will pay less. Avoid loans that lower your monthly payments but increase the length of time you’re paying them. You’ll likely end up paying more interest overall. If you get a loan with a promotional 0% APR, it’s very important that you pay off your entire balance before the promotional period ends or else you may end up paying higher interest than your original debt.

Scams

Unfortunately, the debt relief industry has its share of scams. Be cautious and research any company or program thoroughly before enrolling. Check for complaints with the Better Business Bureau and read reviews from previous clients. If a company promises to settle debts for a fraction of what you owe, demands up front payments, or refuses to send free information about its services, then steer clear.

Program length

Debt relief programs have varying lengths but they generally take years to complete. Most promise to get you out of debt in a minimum of two years. Be prepared for the commitment required.

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How does debt relief affect your credit?

Debt relief can have both positive and negative effects on your credit score depending on which option you choose. If you go with a debt settlement plan, you are probably already several months behind on payments and most of the damage to your credit score has already been done. A debt management plan will have minimal negative impact on your credit and can even help raise your score if the credit counseling agency reports your on time payments to the credit bureaus and you successfully reduce your debt. No matter which debt relief option you choose, it’s important to monitor your credit report and score regularly to detect any changes or find any errors that could impact your score.

Bottom line

The burden of credit card debt can be emotionally and financially draining. However, with the right assistance, you can break free from this cycle and start anew. Debt Busters is here to guide you every step of the way. Their team of financial experts can put together a personalized plan so that debt will no longer control your life.

Your financial well-being is worth the investment. Take the first steps toward credit card debt relief today and call Debt Busters for a free consultation. It’s time to say goodbye to credit card debt and hello to financial freedom!

1. Paycheck Advance is For eligible customers only. Your actual available Paycheck Advance amount will be displayed to you in the mobile app and may change from time to time. Conditions and eligibility may vary and are subject to change at any time, at the sole discretion of Finco Advance LLC, which offers this optional feature. Finco Advance LLC is a financial technology company, not a bank. Expedited disbursement of your Paycheck Advance is an optional feature that is subject to an Instant Access Fee and may not be available to all users. Expedited disbursements may take up to an hour. For more information, please refer to Paycheck Advance Terms and Conditions. Current is a financial technology company, not an FDIC-insured bank. FDIC insurance up to $250,000 only covers the failure of an FDIC-insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. The Current Visa® Debit Card issued by Choice Financial Group, and the Current Visa® secured charge card issued by Cross River Bank, are both pursuant to licenses from Visa U.S.A. Inc. and may be used everywhere Visa debit or credit cards are accepted. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.

2. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. The Current Visa® Debit Card is issued by Choice Financial Group pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. The Current Visa® secured charge card is issued by Cross River Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required.

3. Individual results may vary. Using your credit card responsibly may allow you to improve your credit score. Credit building depends on various factors, including your payment history, credit utilization, length of credit history, and other financial activities.

4. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.

5. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. Funds held in Savings Pods are FDIC-insured on a pass-through basis up to $250,000 at our partner bank Choice Financial Group, member FDIC

6. Paycheck Advance is For eligible customers only. Your actual available Paycheck Advance amount will be displayed to you in the mobile app and may change from time to time. Conditions and eligibility may vary and are subject to change at any time, at the sole discretion of Finco Advance LLC, which offers this optional feature. Finco Advance LLC is a financial technology company, not a bank. Expedited disbursement of your Paycheck Advance is an optional feature that is subject to an Instant Access Fee and may not be available to all users. Expedited disbursements may take up to an hour. For more information, please refer to Paycheck Advance Terms and Conditions.

7. Actual overdraft amount may vary and is subject to change at any time, at Current’s sole discretion. In order to qualify and enroll in the Fee-Free Overdraft feature, you must receive $500 or more in Qualifying Deposits into your Current Account over the preceding 30-day period. For more information, please refer to Fee-free Overdraft Terms and Conditions.

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9. Some fees may apply, including out of network ATM fees of $2.50 per transaction, late payment fees of 3% of any total due balance outstanding and past due for two or more billing cycles, foreign transaction fees of 3% of the full transaction amount (minimum $0.50), card replacement fees per card of $5 for regular delivery and $30 for expedited delivery, cash deposit fees of $3.50 per deposit, and third party processing fees.

10. Boost Bonuses are credited to your Savings Pods within 48 hours of enabling the Boost feature and on a daily basis thereafter, provided that the Savings Pod has accrued a Boost Bonus of at least $0.01. The Boost rate on Savings Pods is variable and may change at any time. The disclosed rate is effective as of August 1, 2023. Must have $0.01 in Savings Pods to earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2000 per Savings Pod, up to $6000 total. The remaining balance earns 0.00%. A qualifying direct deposit of $200 or more is required for 4.00%. No minimum balance required. For more information, please refer to Current Boost Terms and Conditions.

11. Cryptocurrency services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC, and may not be available in all states. Terms and conditions apply. When you buy or sell cryptocurrency, a difference between the current market price and the price you buy or sell that asset for is called a spread. However, unlike most other exchanges Current does not charge an additional trading fee. Cryptocurrency transactions are a form of investment, and all investments are subject to investment risks, including possible loss of the principal amount invested. Cryptocurrency is not insured by the FDIC or any other government-backed or third-party insurance. Your purchase of cryptocurrency is not a deposit or other obligation of, or guaranteed by, Choice Financial Group or Cross River Bank. The cryptocurrency assets in your Zero Hash account are not held at Current, Choice Financial Group, or Cross River Bank. Current, Choice Financial Group, and Cross River Bank are not responsible for the cryptocurrency assets held in any Zero Hash account. Neither Current, Choice, nor Cross River Bank is involved in the purchase, sale, exchange of fiat funds for cryptocurrency, or custody of the cryptocurrencies. Terms and Conditions apply (platform and user agreements). Crypto on Current is not currently available in HI. Licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. This does not constitute investment advice.

12. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. Your money is FDIC-insured on a pass-through basis up to $250,000 at each of our partner banks, Choice Financial Group and Cross River Bank, members FDIC.

13. Average value based on Fine Hotels + Resorts bookings in 2023 for stays of two nights. Benefits include daily breakfast for two, room upgrade upon arrival when available, $100 amenity, guaranteed 4PM late checkout, and noon check-in when available. Certain room categories not eligible for upgrade. $100 amenity varies by property. Actual value will vary based on property, room rate, upgrade availability, and use of benefits.

14. Up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

15. The maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

16. Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g. plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one- way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

17. Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.

18. Coverage for a Stolen or damaged Eligible Cellular Wireless Telephone is subject to the terms, conditions, exclusions, and limits of liability of this benefit. The maximum liability is $800, per claim, per Eligible Card Account. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per Eligible Card Account per 12 month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

19. When an American Express® Card Member charges a Covered Purchase to an Eligible Card, Extended Warranty§ can provide up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your Card for the item up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

20. Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. It can help protect Covered Purchases made on your Eligible Card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. The coverage is limited to up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Coverage Limits Apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

21. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

22. The secured Chime Credit Builder Visa® Card is issued by Stride Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.

23. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

24. The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of September 20, 2023. No minimum balance required. Must have $0.01 in savings to earn interest.

25. There’s no fee for the Chime Savings Account. Cash withdrawal and Third-party fees may apply to Chime Checking Accounts. You must have a Chime Checking Account to open a Chime Savings Account.

26. To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.

27. Money added to Credit Builder will be held in a secured account as collateral for your Credit Builder Visa card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month.

28. Based on a representative study conducted by Experian®, members who made their first purchase with Credit Builder between June 2020 and October 2020 observed an average FICO® Score 8 increase of 30 points after approximately 8 months. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.

29. On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Chime will report your activities to Transunion®, Experian®, and Equifax®. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.

30. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

31. SpotMe® on Debit is an optional, no fee overdraft service attached to your Chime Checking Account. To qualify for the SpotMe on Debit service, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account each month and have activated your Visa debit card. Qualifying members will be allowed to overdraw their Chime Checking Account for up to $20 on debit card purchases and cash withdrawals initially but may later be eligible for a higher limit of up to $200 or more based on Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Debit limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s sole discretion. Although Chime does not charge any overdraft fees for SpotMe on Debit, there may be out-of-network or third-party fees associated with ATM transactions. SpotMe on Debit will not cover any non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. SpotMe on Debit Terms and Conditions.

32. Tipping or not tipping has no impact on your eligibility for SpotMe®.

33. Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

34. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account.

35. Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account to your savings account.

36. Mobile Check Deposit eligibility is determined by Chime in its sole discretion and may be granted based on various factors including, but not limited to, a member’s direct deposit enrollment status.

37. Funds are automatically debited from your Checking Account and typically deposited into the recipient’s Checking Account within seconds. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed.

38. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed. Non-Chime members must use a valid debit card to claim funds.

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Rachel Alulis

Rachel Alulis has been the lead editor for Moneyfor’s credit cards team since 2015 and for the financial rewards team since 2023. Before joining Moneyfor, Rachel worked at USA Today and the Des Moines Register. She then established a successful freelance writing and editing business specializing in personal finance. Rachel holds a bachelor’s degree in journalism and an MBA.

Eliminate Your Credit Card Debt with Debt Busters

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