Debt relief can be a powerful tool for people struggling with overwhelming financial challenges. Yet, many misconceptions make it harder for consumers to fully understand how these solutions actually work.
At Total Debt Solutions, we’re committed to honesty, clarity, and education. That’s why we break down the most common myths, highlight the facts, and show the real protections available to those seeking help.
Myth
The Debt Relief Industry Has No Oversight
Some believe debt relief operates without rules, giving dishonest companies free rein and leaving consumers unprotected.
Fact
Debt Relief Is Governed by Strict Regulations
The Federal Trade Commission (FTC) enforces clear standards, including a 2010 rule that bans upfront fees and requires full transparency.
In addition, many states apply their own consumer protection laws. At Total Debt Solutions, we go beyond compliance by holding ourselves to even higher internal standards.
Myth
Debt Relief Companies Aren’t Accountable
Debt Relief Companies Aren’t Accountable
Fact
Providers Must Follow Clear Compliance Rules
Reputable organizations are required to follow FTC guidelines, disclose fees and timelines, and undergo regular reviews to ensure transparency.
At Total Debt Solutions, accountability is built into everything we do — because earning trust means proving it every step of the way.
Myth
Debt Management Hurts Your Credit
Many people believe that entering a debt management or relief program will automatically destroy their credit score.
Fact
Responsible Programs Can Help Rebuild Credit
While there may be a temporary dip in your score, consistent on-time payments and reduced balances often improve credit health over time. With Total Debt Solutions, the goal is not just to get you out of debt — but also to help you move toward long-term financial stability.
Myth
Creditors Won’t Work With You
It’s a common misconception that creditors refuse to cooperate with debt relief companies.
Fact
Most Creditors Prefer Working With
Reputable Programs
The reality is that many creditors actively collaborate with trusted providers to recover balances more efficiently. At Total Debt Solutions, we work with hundreds of creditors nationwide to negotiate reduced rates, lower payments, and better outcomes for our clients.
Myth
There’s No Way Out of High-Interest Debt
There’s No Way Out of High-Interest Debt
Fact
Proven Strategies Create Real Solutions
Through structured repayment plans, lower negotiated interest rates, and professional guidance, consumers can break free from high-interest debt faster than they thought possible. Total Debt Solutions provides the tools and support needed to finally take control.
At Total Debt Solutions, we believe everyone deserves a clear path to financial freedom.
With the right plan and trusted guidance, getting out of debt is not just
possible — it’s within your reach.
