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What are the downsides of paying less than the full balance?

Review the risks associated with using Relief.

Updated over a year ago

Before signing up, it’s important to understand the downside to paying less than your total balance. First, you could owe taxes on the debt that is forgiven. We recommend talking to a tax professional to learn more about this. Second, there is a chance that your creditor may not accept your payment plan.

Although these are important to consider, working with Relief could allow you to resolve your outstanding debt affordably, likely leading to an improvement to your credit score.

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