We'll Help You Take Control of Your Debt
Resolve your debt in 18-48 months!
Our award winning team has worked closely with over 250,000 consumers to ensure their success throughout the program.
Your success, toward better financial health, is just three easy steps away.
How the Proven Century Program Works
Evaluation & Enrollment
Our Certified Debt Specialists will provide a free financial assessment and personalize your debt relief program to fit your needs.
We Get to Work
When you have sufficient funds in your reserve account, we start negotiating with your creditors. Century works on your behalf, to obtain settlements for your program SUCCESS.
Live Your Life!
With your program complete and the stress of overwhelming unsecured debt gone, you can start living your best life once again. Time to CELEBRATE!
Frequently Asked Questions
In general, debt settlement can be helpful to individuals that are struggling to keep up with their minimum monthly payments or those individuals that are suffering a financial hardship due to change in employment, health issues, or other personal reasons. Success in the program will require you to accumulate funds on a regular monthly basis. The Century team will work with you to customize your monthly deposits in a way that will work for you.
Often your credit score will decrease while you are enrolled in a debt settlement program. Our focus is to save you money by negotiating settlements on the balance owed.
Once we negotiate a debt, you authorize that settlement, and the first payment is sent to the creditor is the time a fee associated with that particular debt is due. One thing is certain, Century does not get paid until we prove our value to you first.
- Your monthly savings/draft amount,
- The number of creditors you have enrolled in the program, and
- The balance of each individual account.
Century usually contacts your creditors once we are prepared to begin negotiations, except when dealing with certain difficult creditors. The actual negotiation activity occurs when you have saved up enough in your settlement account, for us to make reasonable offers to your creditors. When we make contact, we notify them that we have authorization to communicate and negotiate on your behalf and we request future collection calls be directed to us and not you.
When you enroll in your debt settlement program, a plan is created for you to meet your specific goals over an estimated time. Every month you deposit a preset amount into your third party reserve account. While your funds are building in this account, Century Negotiators are reviewing your file for the strategic times to contact each of your creditors to negotiate the best settlement opportunities for you. In order for us to optimize the timing of your settlements, you must be consistently depositing into your account every month. A valuable benefit to the program is your 24/7 access to the MyCentury client portal. You can see your account balance and watch your funds accumulate. Once we have a settlement opportunity for you and you approve the settlement, your creditor is paid and the confirmed amount is deducted from your account.
You control the account. The bank account is set up in your name, and the money in the account is your money. The reason why we recommend keeping it in a new account, separate from your existing bank accounts, is that in our experience this separation dramatically increases the probability that you will succeed in the program. Century’s fees are deducted from this account each time the settlement of one of your debts is negotiated, according to our agreement. However, the accumulated savings in the account is owned by you.
Being in debt can be a stressful life experience. On the other hand, getting out of debt is one of the most gratifying accomplishments you can achieve. This rewarding journey is often tainted with regular calls and potentially harassing communication from creditors, debt collectors, and collection attorneys. This is why Century has contracted with a national consumer advocacy group, United Consumer Advocacy Network (UCAN), which helps to assist clients who make all their montly program payments and pay on average 50% of their enrolled balance before fees, or 68% to 75% including fees, over 24-48 months.
If you have the negotiation skills and know how the process works, you can contact your creditors yourself and see if they will negotiate your debt. But like many other complicated and stressful situations, most people choose to seek help and leave these tasks to experienced professionals, like doctors, plumbers and accountants who earn their livelihoods as specialists helping people. The Century team is experienced in helping more than 250,000+ clients and settling more than $20 million+ of our client’s debt each month. Let our experience work for you.
Clients who make all their monthly program payments pay approximately 50% of their enrolled balance before fees, or 68% to 75% including fees, on average in over 24 to 48 months. Not all clients are able to complete our program for various reasons, including their ability to save sufficient funds. Our estimates are based on our own professional experience and prior achieved results, which will vary depending on your specific circumstances. We do not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. We do not assume your debts, make monthly payments to your creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Our service is not available in all states and our fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Read and understand all program materials prior to enrollment. The use of debt settlement services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements we obtain on your behalf resolve the entire account, including all accrued fees and interest.
We do not discriminate on the basis of race, color, religion, sex, marital status, age, disability, national origin or ancestry.
C.P.D. Reg. No. TS. 19-08458