ZipDebt was created by Charles J. Phelan, a former debt negotiator and industry expert on settlement. ZipDebt has programs for both consumers and businesses in debt. Each program has different features and abilities.

Rank Chart Our Score User Score
#1 9.2 8.7 Read Review
#2 9.0 9.7 Read Review
#3 8.9 9.8 Read Review
#14 5.0 10 Current

The Good

  • Availability
  • No Minimum Debt Requirement
  • Money-Back Guarantee


ZipDebt is available in all 50 U.S. states, which is very rare in the industry.

No Minimum Debt Requirement

ZipDebt does not have a minimum debt requirement. This is especially convenient since most debt settlement companies average a $7,500 minimum debt requirement.

Money-Back Guarantee

The company has an iron clad money-back guarantee. If you are not satisfied with the program, you are given 365 days to return the files with no risk. To complete a return, you just have to write Mr. Phelan a signed letter that all ZipDebt files have been deleted from your computer.

The Bad

  • Lack of Pricing Information
  • Not for Everyone
  • Customers Leery of Do-it-Yourself
  • Not Accredited

Lack of Pricing Information

ZipDebt does not provide any pricing information on the corporate website.

Not for Everyone

Because these programs are do-it-yourself, necessary skill and knowledge of debt settlement are required to a degree. People using these programs should expect an increased amount of work and potential financial stress. Additionally, most people who don't work for a financial company do not have established relationships with top creditors like debt settlement representatives might. Customers may not have the leverage to negotiate debt like a debt consultant or financial lawyer would.

Customers Leery of Do-it-Yourself

Many customers dislike that with this program you take 100 percent responsibility. You do everything yourself. If something goes wrong with the creditors, you have to fix it rather than a company taking care of everything for you.

Not Accredited

ZipDebt is not IAPDA or AFCC accredited, and does not mention anywhere on their website whether or not the business is 100 percent FTC compliant. 

The Bottom Line

We like the variety in the three programs ZipDebt offers, as well as the personal customer service they are known for. The company provides a nice 365 money-back guarantee and has no minimum debt requirement. This program is not for everyone, as it has the potential to make matters worse and cause extra financial stress. This do-it-yourself program would be ideal for those who are seeking a new hobby or would like to learn all there is to know about debt settlement. If you would prefer to let a professional handle this potentially complicated task, check out our other top rated companies.

View Top Rated Companies

1 ZipDebt Reviews

1. Select Your Rating


2. Subject For This Review * (Select all that apply)

0 characters

3. Review Validation*

Best Company

Thanks for submitting your review!

Your review will be moderated by our team within 48 hours and, if approved, will be published. You can see the status of your review within your account at anytime.

Best Company

Thanks for submitting your review!

Next Step: Verify your email

We have sent a verification email to the following email address:

After you verify your email, your review will be moderated by our team within 48 hours and, if approved, will be published

Sort By:
  • User Score


    February 3rd, 2016 Stockton, CA

    4 years ago I settled $400k in debt for $130k. I now have an excellent credit score and am more prosperous than ever. Zip Debt was more than worth the investment financially and, more importantly, was an emotional stabilizer in a very turbulent phase of my life. Thank you Charles.

    Was this review helpful?

    0 0