Done With Debt Reviews: 3 Things to Keep in Mind

Have you heard of Done With Debt from your favorite celebrity and were curious what the reviews say? In this article, we'll check out Done With Debt's services, compare alternate debt relief options, and go over their positive and negative reviews.

While looking into Done With Debt, I came across both a .com and .org website, but they seem to be for the same company.

Source: https://www.donewithdebt.com/

Source: https://www.donewithdebt.org/

In looking at their Facebook page, it seems that the .org extension is the one they're more actively using at this time. And both their Facebook and Instagram are active at the time I'm writing this, but both accounts seem to mainly be for their video content. 

Done With Debt offers a few financial services, with the primary service being a debt resolution program (also known as debt settlement), which is an alternative to bankruptcy and traditional credit counseling.

Debt settlement is a process where a third party (in this case, Accelerate Financial) would negotiate with your creditors to reduce the total debt amount you owe. The goal is to lower your debt - for example, reducing a $20,000 balance to $10,000 - to help provide financial relief.

To start, you'll be advised by the debt settlement company to stop making payments to your creditors immediately. Instead of paying your creditors directly, you would set up a separate savings account, and make monthly deposits. The amount you contribute monthly would depend on the total debt amount you owe, along with the agreement you establish with the debt settlement company.

Your accounts will become delinquent as you stop making payments to your creditors, leading to late fees and additional interest charges. Once you fall significantly behind, creditors may be more open to negotiating a reduced payoff amount - especially if they believe you might be considering bankruptcy, which could ultimately result in them receiving nothing.

The debt settlement company will then negotiate with your creditors on your behalf. Once they reach an agreement on a reduced balance, and you approve the settlement, you’ll make the agreed-upon payment to resolve the debt.

However, many companies are not as transparent about these details with their customers, which leads them to feel misled. 

Debt settlement can be a helpful solution, but it’s not your only option. While bankruptcy may be seen as taboo or a last resort, sometimes it may be the fastest and most affordable option. It just depends on your financial situation.

Check out this video we made comparing Debt Settlement vs. Bankruptcy:

Done With Debt also has several media partnerships promoting its services, but it's important to recognize that these are paid endorsements. The celebrities endorsing the company may not have personally used their service, which can make these recommendations less reliable. Additionally, consumers might be inclined to trust a celebrity simply because they like them, rather than taking the time to research the service themselves.

Let's take a closer look at their reviews!

On Better Business Bureau, they only have 1 review that is rated 1-star out of 5-stars. You'll also notice that they are not BBB accredited. 

Let's see what their reviews on other platforms say.

On Google, they have a 4.9 out of 5-stars, based on 34 reviews. Most are positive, like the first review pictured, but it's important to recognize that this client is brand new to the program, so this review isn't actually a reflection of going through the program itself. In the second positive review below, you'll notice that 'Freedom Debt Relief' is mentioned. This more than likely means that these clients initially started with Freedom Debt Relief and were then forwarded to Done With Debt. Out of 34 reviews, only 1 is negative, and they did not provide any further details as to why they were leaving a 1-star rating.

On TrustPilot, they currently have a 4.7 rating out of 5-stars, based on over 250 reviews. But what do the reviews says?

Quite a few of the positive reviews mention learning of Done With Debt via endorsements. As touched on above, this can raise some concerns, since the clients may place too much trust in these paid endorsements, rather than doing their own research on Done With Debt and their debt settlement program.

Similarly to one of the Google Reviews above, in the below reviews, you'll notice that 'Freedom Debt Relief' is mentioned yet again. 

We've written about Freedom Debt Relief quite a bit over the years, you can check out those articles below:

Both clients in the reviews below express concerns regarding communication. The 4-star reviewer mentions not hearing from anyone since payments began, while the 1-star reviewer states that the company has failed to provide updates or respond properly.

It’s important to compare Done With Debt's services with other debt relief options to determine what best fits your financial needs. We'd recommend weighing the pros and cons before deciding if debt settlement is the right financial solution for you.

If you're interested in further comparing all debt relief options available to you, including bankruptcy, check out this calculator that will show you all potential options and cost estimates:

At Ascend, we recommend exploring your options as soon as possible, as taking early action gives you more flexibility and peace of mind. Whether you're considering debt settlement, bankruptcy, or consolidation, understanding your choices is essential for making an informed decision and moving toward financial freedom. You deserve to work with a company that prioritizes your best interests. Debt can feel overwhelming, but you don’t have to navigate it alone.

Ready to get out of debt sooner than later? You're welcome to give us a call us today at 833.272.3631 and we'll help set you on the path to financial freedom.