Top questions people ask us
What is DebtGuard?
DebtGuard is a debt protection service that helps you avoid financial hardship by covering missed payments on your debts, such as car loans, mortgages, credit card debts, and more. We step in when life’s challenges make it difficult to keep up with payments, preventing defaults and financial consequences.
What types of debts are covered by DebtGuard?
DebtGuard covers missed payments on: Car loans Mortgages Business loans Personal loans Credit card debts
Can I choose a custom coverage amount for my plan?
Yes, we offer different plans with coverage limits ranging from $100,000 to $500,000. You can select the plan that best suits your financial needs.
How soon can I use the DebtGuard services after signing up?
DebtGuard coverage becomes active after 12 months of continuous monthly payments. You will not be eligible for coverage until this period has passed.
How do I make payments for my plan?
Can I cancel my plan at any time?
Does DebtGuard negotiate with creditors on my behalf?
How is my monthly premium calculated?
What happens if I miss a payment?
Can DebtGuard help with business debts?
How can I contact DebtGuard support?
Can I upgrade my plan at any time?
Is there a refund policy for canceled plans?
Is DebtGuard an insurance company?
What happens if I reach my coverage limit?
If you reach the coverage limit for your selected plan, DebtGuard will no longer provide financial assistance for debts beyond the limit. You may choose to upgrade your plan for higher coverage.