Frequently Ask Question

These FAQs are designed for consumers suffering from different types of unsecured debts.

• What is unsecured debt validation?

  Unsecured debt validation is a process by which a consumer can contest the validity of a debt that a creditor or collection agency has asked them to pay. It entails demanding evidence of the legitimacy and accuracy of the debt, such as an original contract or agreement, itemized billing bills, and other pertinent data.

• How does unsecured debt validation work?

  Unsecured debt validation typically involves sending a written request to the creditor or collection agency to provide proof that the debt is legitimate. If the creditor or collection agency cannot provide such proof, the debt may be considered unverified and unenforceable.

• Is unsecured debt validation legal?

  Debt validation is a consumer protection mechanism under the fair debt collection practices act (FDCPA) in the US. According to the FDCPA when a consumer disputes a debt or requests validation, the debt collector must cease collection efforts until they provide the requested documentation that verifies the debt’s legitimacy.

• What types of unsecured debts can be validated?

  Most unsecured debts, such as credit card debt, medical bills, store cards, private student loan, and personal loans, can be validated using an unsecured debt validation service.

• What are the benefits of using an unsecured debt validation service?

  The benefits of using our debt validation service include protection from fraudulent or unverified debt, potentially reducing or eliminating the amount of debt owed, and improving one’s credit score by resolving debts in a responsible and effective manner.

• How long does the unsecured debt validation process take?

  The length of the unsecured debt validation process can vary depending on the complexity of the debt and the responsiveness of the creditor or collection agency. Typically, it can take a few weeks to several months to complete.

• What happens after the debt is validated?

  After the debt is validated, the consumer and the creditor or collection agency can negotiate a payment plan or settlement agreement. In some cases, the debt may be reduced or eliminated entirely.

• Will unsecured debt validation affect my credit score?

  Unsecured debt validation may have a positive impact on one’s credit score by resolving debts and improving one’s debt-to-income ratio. However, the impact may vary depending on the specific circumstances of the debt and the consumer’s credit history.

• How much does unsecured debt validation cost?

  The cost of unsecured debt validation services may vary depending on the provider and the scope of the debt. Some providers may charge a flat fee or a percentage of the debt amount, while others may charge hourly rates or contingency fees.

• What should I look for in an unsecured debt validation service provider?

  When choosing an unsecured debt validation service provider, it’s important to look for a reputable and experienced provider that is knowledgeable about debt collection laws and regulations. Additionally, consumers should look for providers that are transparent about their fees and services, and that offer personalized and attentive support to their clients.

• How do I get started with unsecured debt validation?

  To get started with unsecured debt validation, consumers can contact a reputable and trustworthy debt validation service provider and request a consultation or evaluation of their debts. The provider can then assess the debts and provide recommendations on the best course of action.

• Why is debt elimination being popular/in demand these days?

  Debt validation has been a top choice for consumers when it comes to credit card debt relief programs offered by any financial services because debt validation refers to a consumer using the consumer protection laws to force the creditors to agree to stop collecting the debt and remove it from Experian Equifax and Transunion so the consumer does not have the amount owed.