Debtless was created to help the millions of Americans crippled by predatory debt. The end goal is full disruption to the debt collection industry. But in the interim, Debtless aims to give Americans a fair chance to achieve financial independence.
For the average American, a modest sum of debt that is not paid in full can quickly escalate. This simple misstep can hinder an individual’s ability to achieve success.
Debtless seeks to address this problem created by predatory industries by purchasing debt from the secondary market and forgiving this debt for the benefit of the debtor.
As a 501(c)(3) nonprofit, we can provide this financial relief as a gift out of “detached and disinterested generosity” with no adverse tax consequences to the individual.
The $1000 raised from this campaign can be used to forgive more than $2 MILLION worth of debt, relieve thousands of debtors.
Thank you so much for your support!