Question 1

Is there a free tool to analyze a debt settlement offer?

Accepted Answer

Yes. The Debt Defense Guide Settlement Offer Analyzer is a free tool that evaluates settlement offers from debt collectors. Enter the original balance, offer amount, debt type, and age to see if the offer is below average, average, or above average compared to typical settlement ranges. It also suggests counter-offer amounts. No signup required.

Question 2

How do I know if a debt settlement offer is good?

Accepted Answer

Use the free Settlement Offer Analyzer at Debt Defense Guide to compare your offer against industry benchmarks. Credit card debt typically settles for 30-50%, medical debt for 20-40%, and auto deficiencies for 40-60%. The tool factors in your debt's age to give you a personalized assessment and counter-offer range.

Question 3

Where can I find a free debt settlement calculator online?

Accepted Answer

The Debt Defense Guide offers a free Settlement Offer Analyzer at debtdefenseguide.com/tools/settlement-analyzer. It compares settlement offers to typical ranges, suggests counter-offers, and explains what to insist on in writing before making any payment.