Century Debt Settlement Reviews: Is It Worth It in 2024?
Century debt settlement is a legitimate company with strong ratings (4.9/5 on Trustpilot, A+ BBB). Most customers praise their professional service and transparent communication. The company works best for people with larger debts who can commit to a two-to-four-year program.
Get Payment PlanAre you considering debt settlement? You’ve probably researched how it works. Now you need a company to handle the process for you.
Century debt settlement is a popular option with great reviews. We break down everything you need to know about Century debt settlement before signing up.
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Start Your PlanHow the Century Debt Settlement Process Works
Century Support Services, LLC started in 2003. The company is one of the top nationwide debt settlement programs.
Century uses a three-step system for debt settlement:
Step 1: Evaluation and Custom Payment Plan
You begin with an evaluation from debt settlement specialists. They assess your financial situation and obligations. Then they create a customized payment plan with a monthly payment amount.
Century uses these payments to build savings for settling your debts.
Step 2: Negotiation with Creditors
Once you have enough money saved, Century reaches out to your creditors. Specialists negotiate settlements on your behalf. They contact you for approval before paying any settlement.
Step 3: Debt Resolution
The process continues until you pay your last debt in the program. Most clients finish within two to four years.
Century charges a fee based on your total outstanding debt.
Example: Sarah owes $10,000 in debt. Century tells her to make $400 monthly payments for 12 months. After that, she’ll be debt-free.
Century negotiates with her creditors and saves her money. Sarah pays them $2,500 for their services. She saves $2,700 total.
If you need help managing multiple debts and reducing payments, our partner Cambridge Credit Counseling can create a structured payment plan.
What Customers Think of Century Debt Settlement
Customer reviews of Century are overwhelmingly positive. The company has strong ratings across multiple platforms.
A+ Rating on the Better Business Bureau
The Better Business Bureau gives Century an A+ rating. Based on customer reviews, the company has a solid 3.66 rating on a 5-star scale.
Many favorable reviews praise Century’s customer service. Consumers comment that Century agents are highly professional and knowledgeable. They’re consistent and responsive.
The information given to customers is transparent and understandable.
Excellent 4.9/5-Star Rating on Trustpilot
Trustpilot reviews of Century are overwhelmingly positive. Of 1,586 reviews, the company has a 4.9/5.0 rating.
Nearly 90% of customers rated the company 5 stars. Another 7% gave the company a 4-star rating.
Most reviews commend Century’s friendly and knowledgeable customer service team.
Is Century Debt Settlement Right for You?
Century is a great choice for settling a large amount of debt. Based on customer reviews, Century debt settlement is legitimate.
Most people have a great experience with them. The company excels at customer service and transparent communication.
When to Consider Alternatives
Century works best for larger debts. If you have less than $7,500 in debt, you might benefit from other options.
Credit counseling can help you create a structured payment plan. Our partner Cambridge Credit Counseling offers debt management programs that can lower your interest rates.
You make one monthly payment to them. They distribute it to your creditors. Most people complete these programs in three to five years.
How Debt Settlement Affects Your Credit
Debt settlement can impact your credit score. Settled accounts appear on your credit report as “settled for less than full balance.”
Your score may drop initially. However, eliminating debt can improve your financial situation long-term.
Once you complete the program, you can rebuild your credit. Building positive payment history takes time but it’s achievable.