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Currently using Emergency Debt Relief and their monthly fee is 1/2 of my monthly payment. Are there any free companies to get the remaining balances paid with out a monthly fee?

Hello. I do not know of any free debt relief companies to get you out of debt. Many people mistakenly believe that the non-profit debt relief companies are free but to use their services, there is a fee after the initial consultations. I do not know anything about the company you are currently using or the type of debt relief services they provide so it’s hard for me to comment.

What I will say is that it is often common for some debt companies to charge a large portion of their fees in the initial months after you enroll in their program. Therefore, the percentage of each payment that they take as fees will be large in the first few months but usually will go down drastically after that. I do not know if that is the case in your situation.

You should discuss your concerns with them and see if the total fees you are paying them is around 15% of the debt amount you enrolled in their program, give or take a percent or two, as that is the industry average. This is for debt settlement but debt management should have an even lower fee structure comprised of a monthly management fee.

I hope that helps.