Quick Answer
Across every U.S. state, a debt settlement company is legally prohibited from charging you any fee before it actually settles a debt. That upfront-fee ban comes from the federal FTC Telemarketing Sales Rule and applies nationwide. Some states go further and cap the total fee at a set percentage of your enrolled debt or of the savings negotiated. This page explains the fee guideline for each state, with a link to the official source.
Debt settlement fees are regulated on two levels: a federal floor of consumer protection that applies everywhere, and additional state-specific rules that vary. We built this page so you can see exactly what a legitimate provider is allowed to charge in your state before you ever sign an agreement. We protect our consumers by following the law in every state we serve — we never collect a fee before your debt is settled. This page is a plain-language starting point, not legal advice; statutes change and specifics vary by program.
The Federal Rule That Protects Everyone: No Upfront Fees
The Federal Trade Commission’s Telemarketing Sales Rule (16 CFR § 310.4(a)(5)) contains a complete advance-fee ban for debt relief services. In plain terms, a debt settlement company cannot legally take a fee from you until it has:
- Renegotiated, settled, reduced, or otherwise changed the terms of at least one of your debts;
- Reached a written settlement agreement that you have agreed to; and
- You have made at least one payment toward that settlement.
The Rule also requires providers to clearly disclose how long results will take, the total cost, and the risks before you enroll. If any company asks for money before it has settled a single debt, that is a red flag and, in the telemarketing context, illegal. Source: FTC.gov and 16 CFR Part 310.
How Debt Settlement Fees Are Calculated
When a fee is charged after a settlement, providers generally use one of two models. Many states that regulate the industry cap one or both of them:
- Percentage of enrolled debt — a percentage of the total balance you enrolled in the program. Common industry practice is 15%–25%; some states cap this figure.
- Percentage of savings — a percentage of the difference between what you owed and what you actually paid to settle. The percentage varies by provider and, in some states, by statute.
Either way, the federal advance-fee ban still applies: the fee is only earned and collected after a debt is settled and you have approved it.
How to Read This Guide
Only a handful of states set a specific statutory percentage cap on debt settlement fees. In the rest, the federal advance-fee ban applies and the fee percentage itself is a matter of contract and industry practice (commonly 15%–25%), not a fixed state number. We show each state honestly rather than invent a cap that does not exist in law.
- Statutory cap (green) — the state sets a specific maximum fee by statute (percentage of debt or of savings) on top of the federal advance-fee ban. The card shows the exact cap and cites the statute.
- Federal advance-fee ban + state licensing (blue) — no state statute fixes the percentage; the federal no-upfront-fee rule applies along with state licensing and consumer-protection law. Typical industry fees run 15%–25%.
States that set specific statutory fee limits: Illinois ($50 enrollment + 15% of savings), Minnesota (15% of debt or 30% of savings), Missouri (fee must track settlement savings, with no upfront fee), and the Uniform Debt-Management Services Act states — Colorado, Delaware, Nevada, Rhode Island, Tennessee, and Utah — which cap the setup fee at the lesser of $400 or 4% of enrolled debt plus a small monthly service fee. In all other states, the federal advance-fee ban and state licensing govern, and the fee percentage is set by contract within industry norms.
Debt Settlement Fee Guidelines in All 50 States
Alabama · Federal advance-fee ban + state licensing
Alabama does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Alabama’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Alabama payday loan consolidation | Source: www.banking.alabama.gov
Alaska · Federal advance-fee ban + state licensing
Alaska does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Alaska’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Alaska payday loan consolidation | Source: www.commerce.alaska.gov
Arizona · Federal advance-fee ban + state licensing
Arizona does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Arizona’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Arizona payday loan consolidation | Source: dfi.az.gov
Arkansas · Federal advance-fee ban + state licensing
Arkansas does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Arkansas’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Arkansas payday loan consolidation | Source: securities.arkansas.gov
California · Federal advance-fee ban + state licensing
California does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus California’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Colorado · Statutory cap: UDMSA fee limits
Colorado has enacted the Uniform Debt-Management Services Act, which caps what a provider can charge and bans any fee before you sign a compliant agreement. For a debt settlement plan (creditors accept less than the full balance), the setup fee is limited to the lesser of $400 or 4% of the enrolled debt, plus a monthly service fee of no more than $10 per creditor (capped at $50 a month). For a traditional debt management plan, the setup fee is capped at $50 plus that same $10-per-creditor monthly fee. Fees are earned only as your debts are actually resolved.
Colorado payday loan consolidation | Source: C.R.S. § 5-19-223
Connecticut · Federal advance-fee ban + state licensing
Connecticut does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Connecticut’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Connecticut payday loan consolidation | Source: portal.ct.gov
Delaware · Statutory cap: UDMSA fee limits
Delaware has enacted the Uniform Debt-Management Services Act, which caps what a provider can charge and bans any fee before you sign a compliant agreement. For a debt settlement plan (creditors accept less than the full balance), the setup fee is limited to the lesser of $400 or 4% of the enrolled debt, plus a monthly service fee of no more than $10 per creditor (capped at $50 a month). For a traditional debt management plan, the setup fee is capped at $50 plus that same $10-per-creditor monthly fee. Fees are earned only as your debts are actually resolved.
Delaware payday loan consolidation | Source: 6 Del. C. § 2423A
Florida · Federal advance-fee ban + state licensing
Florida does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Florida’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Florida payday loan consolidation | Source: flofr.gov
Georgia · Federal advance-fee ban + state licensing
Georgia does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Georgia’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Hawaii · Federal advance-fee ban + state licensing
Hawaii does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Hawaii’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Idaho · Federal advance-fee ban + state licensing
Idaho does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Idaho’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Idaho payday loan consolidation | Source: www.finance.idaho.gov
Illinois · Statutory cap: $50 enrollment + 15% of savings
Illinois caps fees by statute (225 ILCS 429/125). A provider may charge a one-time enrollment fee of no more than $50 and a settlement fee of no more than 15% of the savings (the reduction between what you owed and the settled amount). No other up-front, set-up, or monthly maintenance fees are allowed, and no settlement fee may be collected until that debt is actually settled.
Illinois payday loan consolidation | Source: 225 ILCS 429/125
Indiana · Federal advance-fee ban + state licensing
Indiana does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Indiana’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Indiana payday loan consolidation | Source: www.in.gov
Iowa · Federal advance-fee ban + state licensing
Iowa does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Iowa’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Iowa payday loan consolidation | Source: idob.iowa.gov
Kansas · Federal advance-fee ban + state licensing
Kansas does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Kansas’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Kentucky · Federal advance-fee ban + state licensing
Kentucky does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Kentucky’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Kentucky payday loan consolidation | Source: kfi.ky.gov
Louisiana · Federal advance-fee ban + state licensing
Louisiana does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Louisiana’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Louisiana payday loan consolidation | Source: www.ofi.louisiana.gov
Maine · Federal advance-fee ban + state licensing
Maine does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Maine’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Maine payday loan consolidation | Source: www.maine.gov
Maryland · Federal advance-fee ban + state licensing
Maryland does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Maryland’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Maryland payday loan consolidation | Source: www.labor.maryland.gov
Massachusetts · Federal advance-fee ban + state licensing
Massachusetts does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Massachusetts’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Massachusetts payday loan consolidation | Source: www.mass.gov
Michigan · Federal advance-fee ban + state licensing
Michigan does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Michigan’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Michigan payday loan consolidation | Source: www.michigan.gov
Minnesota · Statutory cap: 15% of debt or 30% of savings
Minnesota law (Minn. Stat. § 332B.09) lets a provider choose one fee basis and caps it: 15% of the aggregate enrolled debt on a percentage-of-debt basis, or 30% of the savings actually negotiated on a percentage-of-savings basis. No fee may be collected until a debt is settled.
Minnesota payday loan consolidation | Source: Minn. Stat. 332B.09
Mississippi · Federal advance-fee ban + state licensing
Mississippi does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Mississippi’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Missouri · Statutory cap: Fee tied to savings; no upfront fee
Missouri regulates debt settlement fees under its Debt Adjusters law (RSMo § 425.043) rather than setting a single percentage cap. A provider may not collect any fee until you have signed a plan and made at least one payment under it, and the fee for settling each debt must either be proportional across your enrolled debts or a fixed percentage of the amount saved that cannot change from one debt to another. In short, the fee has to track real results, and nothing is owed up front.
Montana · Federal advance-fee ban + state licensing
Montana does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Montana’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Nebraska · Federal advance-fee ban + state licensing
Nebraska does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Nebraska’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Nebraska payday loan consolidation | Source: ndbf.nebraska.gov
Nevada · Statutory cap: UDMSA fee limits
Nevada has enacted the Uniform Debt-Management Services Act, which caps what a provider can charge and bans any fee before you sign a compliant agreement. For a debt settlement plan (creditors accept less than the full balance), the setup fee is limited to the lesser of $400 or 4% of the enrolled debt, plus a monthly service fee of no more than $10 per creditor (capped at $50 a month). For a traditional debt management plan, the setup fee is capped at $50 plus that same $10-per-creditor monthly fee. Fees are earned only as your debts are actually resolved.
New Hampshire · Federal advance-fee ban + state licensing
New Hampshire does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus New Hampshire’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
New Hampshire payday loan consolidation | Source: www.nh.gov
New Jersey · Federal advance-fee ban + state licensing
New Jersey does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus New Jersey’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
New Jersey payday loan consolidation | Source: www.njconsumeraffairs.gov
New Mexico · Federal advance-fee ban + state licensing
New Mexico does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus New Mexico’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
New Mexico payday loan consolidation | Source: www.rld.nm.gov
New York · Federal advance-fee ban + state licensing
New York does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus New York’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
North Carolina · Federal advance-fee ban + state licensing
North Carolina does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus North Carolina’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
North Carolina payday loan consolidation | Source: www.nccob.gov
North Dakota · Federal advance-fee ban + state licensing
North Dakota does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus North Dakota’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Ohio · Federal advance-fee ban + state licensing
Ohio does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Ohio’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Ohio payday loan consolidation | Source: com.ohio.gov
Oklahoma · Federal advance-fee ban + state licensing
Oklahoma does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Oklahoma’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Oregon · Federal advance-fee ban + state licensing
Oregon does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Oregon’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Pennsylvania · Federal advance-fee ban + state licensing
Pennsylvania does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Pennsylvania’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Pennsylvania payday loan consolidation | Source: www.dobs.pa.gov
Rhode Island · Statutory cap: UDMSA fee limits
Rhode Island has enacted the Uniform Debt-Management Services Act, which caps what a provider can charge and bans any fee before you sign a compliant agreement. For a debt settlement plan (creditors accept less than the full balance), the setup fee is limited to the lesser of $400 or 4% of the enrolled debt, plus a monthly service fee of no more than $10 per creditor (capped at $50 a month). For a traditional debt management plan, the setup fee is capped at $50 plus that same $10-per-creditor monthly fee. Fees are earned only as your debts are actually resolved.
Rhode Island payday loan consolidation | Source: R.I. Gen. Laws § 19-14.8-23
South Carolina · Federal advance-fee ban + state licensing
South Carolina does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus South Carolina’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
South Carolina payday loan consolidation | Source: consumer.sc.gov
South Dakota · Federal advance-fee ban + state licensing
South Dakota does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus South Dakota’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Tennessee · Statutory cap: UDMSA fee limits
Tennessee has enacted the Uniform Debt-Management Services Act, which caps what a provider can charge and bans any fee before you sign a compliant agreement. For a debt settlement plan (creditors accept less than the full balance), the setup fee is limited to the lesser of $400 or 4% of the enrolled debt, plus a monthly service fee of no more than $10 per creditor (capped at $50 a month). For a traditional debt management plan, the setup fee is capped at $50 plus that same $10-per-creditor monthly fee. Fees are earned only as your debts are actually resolved. Tennessee amended its version in 2013, so confirm the current settlement-plan fee schedule with a licensed provider.
Tennessee payday loan consolidation | Source: Tenn. Code § 47-18-5523
Texas · Federal advance-fee ban + state licensing
Texas does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Texas’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Utah · Statutory cap: UDMSA fee limits
Utah has enacted the Uniform Debt-Management Services Act, which caps what a provider can charge and bans any fee before you sign a compliant agreement. For a debt settlement plan (creditors accept less than the full balance), the setup fee is limited to the lesser of $400 or 4% of the enrolled debt, plus a monthly service fee of no more than $10 per creditor (capped at $50 a month). For a traditional debt management plan, the setup fee is capped at $50 plus that same $10-per-creditor monthly fee. Fees are earned only as your debts are actually resolved.
Utah payday loan consolidation | Source: Utah Code § 13-42-123
Vermont · Federal advance-fee ban + state licensing
Vermont does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Vermont’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Virginia · Federal advance-fee ban + state licensing
Virginia does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Virginia’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Virginia payday loan consolidation | Source: www.scc.virginia.gov
Washington · Federal advance-fee ban + state licensing
Washington does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Washington’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
West Virginia · Federal advance-fee ban + state licensing
West Virginia does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus West Virginia’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
West Virginia payday loan consolidation | Source: dfi.wv.gov
Wisconsin · Federal advance-fee ban + state licensing
Wisconsin does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Wisconsin’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Wyoming · Federal advance-fee ban + state licensing
Wyoming does not set a specific statutory percentage cap on debt settlement fees. Instead, providers here are bound by the federal FTC Telemarketing Sales Rule, which prohibits any upfront or advance fee before a debt is settled, plus Wyoming’s provider-licensing and consumer-protection laws. Where no statute fixes the percentage, the typical industry fee runs about 15%–25%, and it can only be charged after a settlement is reached and you approve it.
Wyoming payday loan consolidation | Source: wyomingbankingdivision.wyo.gov
How We Protect Our Consumers
Our promise is simple: we follow the law in every state. We do not charge any fee until your debt is settled and you approve the outcome. We explain the full cost and timeline up front, we never make guarantees the law prohibits, and we keep your funds in a dedicated account that stays yours. If a program is not the right fit or is not available in your state, we tell you.
If payday loans are your main burden, our payday loan consolidation program may help regardless of your state’s rules, because we work directly with your lenders. Compare your options, see how it works, or check the lenders we work with.
