For Businesses
Write a Review
  3. Finance
  4. Debt Management
  5. Best Debt Settlement

SteadyWise Reviews

5.0
31 reviews
Read Reviews
  • 4,787,011 reviews on ConsumerAffairs are verified.
  • We require contact information to ensure our reviewers are real.
  • We use intelligent software that helps us maintain the integrity of reviews.
  • Our moderators read all reviews to verify quality and helpfulness.
Author picture
By: Kate Underwood
+1 more
Author picture
Edited by: Ashley Eneriz

About SteadyWise

SteadyWise connects consumers with financial products that better their financial situation. It has partners in the debt relief space that it helps enroll consumers into on the company’s behalf using certified debt specialists. SteadyWise has a platform that shops a network of lenders to match consumers with a loan that is the best fit, and it also started partnering up with debt management companies. SteadyWise arranges a full consultation and provides consumers with their options based on the consultation, whether it be a personal loan, debt relief program or debt management program.

Pros
  • IAPDA-certified debt consultants
  • Free consultation
Cons
  • Fees can be high
  • Not available in all states

Our editor’s take

SteadyWise is a debt settlement company. Those with unsecured debts such as credit card debt and personal loan debt may benefit from signing up with SteadyWise to settle their debts.

If someone is struggling to make debt payments, SteadyWise can help by communicating with creditors such as credit card issuers to negotiate a lower amount owed. The company says it can offer savings of about 50% on the total debt settled, or 21% to 35% after factoring in settlement fees.

How does SteadyWise work?

If you have a minimum of $15,000 in unsecured debt, you may be eligible to work with SteadyWise to resolve the debt. After an initial free debt evaluation by phone or online, you will begin making deposits into an account for debt repayment. A certified debt negotiator from the company contacts creditors to try to decrease the amount you owe on each debt.

SteadyWise sends payments from your designated account to creditors in the agreed amounts. You can check your debt payoff progress online and see your anticipated debt-free date. SteadyWise says most members get their first settlement within three to six months.

SteadyWise costs

Fees for debt relief are typically between 15% and 29% of the total debt settled. A representative from SteadyWise informed us that fees are determined by the debt amount as well as your state of residency.

According to the representative, the company doesn’t take payment for its services until your debt is successfully settled. You’ll also receive a refund for any accounts that the company is unable to settle, although some banking fees or legal fees may be nonrefundable.

SteadyWise FAQ

Does debt relief hurt your credit?

The Consumer Financial Protection Bureau warns that debt settlement can harm your credit. While this negative effect on your credit score will not last forever, it is an important factor to consider before signing up with a debt settlement company.

Is SteadyWise available in all states?

SteadyWise serves most states, with the following exceptions: Oregon, Rhode Island, Colorado, Maine, Maryland, Utah, West Virginia, and Wyoming.

Does SteadyWise guarantee debt settlement?

SteadyWise does not and cannot guarantee debt settlement. However, it promises not to charge fees until and unless it succeeds in settling your debt.

Is SteadyWise legit?

Although SteadyWise is a new company, a representative told us by email that it works with partners who have settled over $250 million in debt for 25,000 clients since 2007. Its debt relief consultants are certified by the International Association of Professional Debt Arbitrators (IAPDA).

For someone with high totals of unsecured debt, SteadyWise assists in negotiating debt amounts and payments down and doesn’t charge any fees until your debt is settled.

With any form of debt settlement or debt relief, be sure to consider the potential impacts to your credit score and future borrowing ability. Also, keep in mind that calling creditors yourself to negotiate debts is an option that bypasses the fees of a debt relief company.

SteadyWise Reviews

Write a Review

Filter by Rating

  • (31)

Popular Mentions

    How do I know I can trust these reviews about SteadyWise?
    • 4,787,011 reviews on ConsumerAffairs are verified.
    • We require contact information to ensure our reviewers are real.
    • We use intelligent software that helps us maintain the integrity of reviews.
    • Our moderators read all reviews to verify quality and helpfulness.
    Top reviews
    • Top reviews
    • Recent
    • Oldest
    • Most helpful

    A link has directed you to this review. Its location on this page may change next time you visit.

    How do I know I can trust these reviews about SteadyWise?
    • 4,787,011 reviews on ConsumerAffairs are verified.
    • We require contact information to ensure our reviewers are real.
    • We use intelligent software that helps us maintain the integrity of reviews.
    • Our moderators read all reviews to verify quality and helpfulness.
    Page 1 Reviews 0 - 5
    Billing

    Reviewed April 25, 2025

    Probably the best decision I’ve made. Would much rather save monthly and have more cash in my pocket than holding on to the maxed out cards that literally kept the same balance each time a made a payment. Initial hit on credit which isn’t great right now anyways so I can get out of this hole in 42 months? Sounds like a deal to me.

    Thanks for your vote!

    Not sure how to choose?

    Get buying tips about Debt Settlement delivered to your inbox.

      By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Unsubscribe at any time.

      Thanks for subscribing.

      You have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.

      CoverageStaffBillingLoan Process

      Reviewed April 19, 2025

      Natasha, thank you. I have nothing but great things to say about SteadyWise. Natasha was thorough and very knowledgeable. I recently bought a new home and had to take out several loans to cover my new expenses. I was hesitant to let my credit score go down, but Natasha was able to explain why getting a lower payment now and becoming debt free in 4 years will leave me better off in the future. I would recommend SteadyWise to any that is looking for financial freedom.

      Thanks for your vote!
      Customer ServiceStaffTransparency

      Reviewed April 18, 2025

      Steadywise has truly been a game-changer for my financial journey! From day one, their team was transparent, supportive, and made me feel confident in the process. They helped me reduce my debt significantly and created a manageable plan that actually works for my lifestyle. Communication was always clear, and I never felt left in the dark. I’m finally seeing the light at the end of the tunnel, and it’s all thanks to Steadywise. Highly recommend to anyone serious about taking control of their finances!

      Thanks for your vote!
      Customer ServiceStaff

      Reviewed Feb. 17, 2025

      I wanted to take a moment to express my sincere gratitude for the exceptional customer service I received from Daniel **. From the moment I reached out with my query, Daniel’s professionalism and attentiveness stood out. He went above and beyond to ensure that I was not only satisfied but truly taken care of throughout the entire process. His communication was clear, timely, and friendly, making the entire experience feel seamless.

      What really impressed me was Daniel’s deep knowledge of the product and services. He answered all of my questions with patience and clarity, providing insightful recommendations that were tailored to my needs. It was evident that he genuinely cares about his customers and is dedicated to delivering the best possible experience.

      Thanks for your vote!
      Verified purchase
      Punctuality & SpeedStaff

      Reviewed Dec. 11, 2024

      Daniel was very knowledgeable about his work, he was very helpful, polite, professional, patient and eager to answer questions. I really felt like I had made a wise decision after speaking with him. I can’t wait to start seeing the results on paying these creditors off. It will truly take a weight off my shoulders.

      Thanks for your vote!
      Customer ServiceStaff

      Reviewed May 28, 2025

      Tony ** was the representative who called me. He was very helpful. He answered all my questions. Never made me feel small and was able to walk me through the whole process. I was able to save a good chunk of money, which will help me out with my everyday life.

      Thanks for your vote!

      Reviewed March 12, 2025

      Tony has done a wonderful job. Maybe feel comfortable in a conversation completely. Made you feel comfortable about the actions? He was taking. I really appreciate the way he did the job he did. This is Kenneth **.

      Thanks for your vote!
      Punctuality & SpeedStaff

      Reviewed Jan. 24, 2025

      Daniel was a life saver in a time where I thought my options were only bankruptcy. He was calm, assured me and guided me through all steps of the process. He was patient and waiting until I was fully committed to take the next steps. Could not recommend more.

      Thanks for your vote!
      Staff

      Reviewed Jan. 16, 2025

      Ben was a tremendous help to me in the process of determining which company to have help me through the debt resolution process. The information he provided, as well as his friendly mannerisms, ultimately led to my decision to trust SteadyWise to help me through the process.

      Thanks for your vote!
      PriceStaff

      Reviewed Jan. 11, 2025

      Ben was an absolute pleasure to work with and really listened to my situation and worked hard to help me get my life back on track financially. They offer the most affordable plans out there and have been so nice to work with.

      Thanks for your vote!
      Loading more reviews...

      SteadyWise Company Information

      Company Name:
      SteadyWise
      Formerly Named:
      Luna Debt Relief
      Website:
      www.steadywise.com
      SteadyWise logo
      Leave a reviewAre you a SteadyWise customer?
      Share your experience
      Explore more...