Acceptable Debt & Lenders

3rd Party Collections — See unacceptable debt list below

ADT Alarm System — Removal of the system may be required based on its age. Create a NOTE that client is aware the system may be removed

All companies (Default) — Must not be part of original title/lien holder

All companies (Default) — Must not be attached to home/dwelling unit

Auto Loans / RVs / Motor / Leases / Repos / Balances — MUST BE IN 3RD PARTY COLLECTIONS / Cannot accept deficiency loans

Back Rent — Client is no longer living in unit

Business Debts / Loans — MUST BE IN 3RD PARTY COLLECTIONS

Cash Advance

Check Cashing

Consolidation Loans — Not issued by a debt settlement company. No Transform Credit loans under $3,000. No monthly memberships.

Credit Builder Loans — Add Repo Note in Salesforce

Credit Unions / Federal — Add Repo Note in Salesforce

Department Stores — Add Repo Note in Salesforce

Furniture and/or Jewelry — Add Repo Note in Salesforce

Gas Cards

Gyms / Fitness Centers — Add note, client understands will lose membership

Health clubs — Add note, client understands will lose membership

Installment Loans / Note Loans — Not issues from Debt Settlement Company. Add Cross Collateral / Repo Note in Salesforce

Judgments — $650 applies for enrolling after signing up and can be spread over 2 months

Lake Lending — Not tied to Collateral

Lawsuits — $650 applies for enrolling after signing up and can be spread over 2 months

Lending Club — Not Secured to collateral and/or Not Secured to Home

Lines of Credit — Must be used like a credit card and include the first page of statement with client and billing information

Medical Debt — Needs to provide the first page of the statement showing both client and billing details.

Merchant Cash Advance Loans — MUST BE IN 3RD PARTY COLLECTIONS

Military Credit Unions — Excludes: Military Star, Pioneer Loans, BX Omni, and VA Loans.

Military Loans — Not endorsed by the government, noted on bottom of website

Navy Federal Credit Union — Verify they are not currently in the military, and they don’t have, or have to get secret or top secret clearance. Cannot be endorsed by the government.

OMNI Financial — Military Personal Loans / Not Backed by the Government

Online Buy Now - Pay Later — Clear screenshot of balance acceptable. Check for Wage Assignment: Affirm, Afterpay, Klarna, Online Payback Programs.

Payday Loans — Check for Wage Assignment

Personal Loans — Not Secured to collateral and/or Not Secured to Home

Signature Loans — Not Secured to collateral and/or Not Secured to Home

Summons — $650 applies for enrolling after signing up and can be spread over 2 months

Timeshares — MUST BE IN 3RD PARTY COLLECTIONS

Together Loans / Transform Credit — Not issued by a debt settlement company. No Transform Credit loans under $3,000. No monthly memberships.

Transform Credit — Not issued by a debt settlement company. No Transform Credit loans under $3,000. No monthly memberships.

Unsecured Credit Cards

Unsecured Debts

USAA Federal Savings Bank

Utility Bills — Items such as power, internet, electric, cellular, and cable require a NOTE confirming the client is aware service will be shut off.

Velocity — Acceptable 3rd party