Latest Posts
Home > Ask The Get Out of Debt Experts > Is the Payment Relief Center Program Real or Fraudulent? – Manuel

Is the Payment Relief Center Program Real or Fraudulent? – Manuel

“Dear Steve,

The Payment Relief Center is offering to settle my credit debt cards through a Escrow account which I will deposit a sum of money and they will negotiate with my debtors. They are offering to reduce in 60% my debt and fully pay in 2 years. The site is I want to know if this company is reliable.

I want to know if this program is real and if the company exist and is not fraudulent.


Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here

The Answer

Dear Manuel,

No debt settlement company has any authority or control over any debt reduction you may be able to achieve. The FAQ section of the Payment Relief Center site seems to not address this. – Source

If you have been promised a specific reduction in debt or a certain time by which you will be debt free I would urge you to read the debt settlement services agreement fine print and you will probably see that they make no guarantees.

There are two article you should read. The first is I Got a Mailer From the Payment Relief Center Initiative Saying I’m Eligible. – Dolores and the second is The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy.

In general a debt settlement company has no power or authority to reduce your debt, stop collection calls, get interest waived or prevent you from being sued. If you want to achieve those results the only legal solution that allows you to is bankruptcy.

Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.

Big Hug!

Is the Payment Relief Center Program Real or Fraudulent?   Manuel
Get Out of Debt Guy – Twitter, G+, Facebook

If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.

Is the Payment Relief Center Program Real or Fraudulent? - Manuel by

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.