SteadyWise Reviews

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Edited by: Ashley Eneriz

About SteadyWise

SteadyWise is a debt settlement firm that assists those with $15,000 or more in credit card debt and other unsecured debts. After a free debt consultation, the company contacts creditors to negotiate on your behalf. Customers may end up with lower monthly payments and the ability to pay off all debt within 24 to 48 months. Debt settlement is not guaranteed, but you pay no service fees until settlement is complete.

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

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    Page 1 Reviews 0 - 5
    Verified purchase
    StaffProcessTransparency

    Reviewed Oct. 4, 2024

    Tony explained everything thoroughly, so as I could understand everything about the program. I feel this program will help with my financial problems. I enjoyed speaking with Tony, his Ed’s very understanding and very kind to me. I think this program will really help me out. I don’t know what else I can say. Thank you Tony

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    Response from SteadyWise

    Dear Debbie,

    Thank you so much for your thoughtful review! We’re glad to hear that Tony explained everything thoroughly so you feel confident about the program and about your debt resolution plan. We are here to support you, and we know this program should guide you through your financial hardship. If you have any other questions or need further assistance, don’t hesitate to reach out. Thank you again for sharing your experience!

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      Staff

      Reviewed Sept. 7, 2024

      I was so nervous and almost ashamed when I first inquired online since I found myself in significant credit card debt that was mainly my fault due to being young. Daniel at Luna Debt Relief did not one time assume or judge my situation and worked with me to get my life back on track financially. Daniel and the other lady I spoke with answered all my questions and just put my mind at ease. I am saving over $1,000 per month and can focus on other aspects of my life now. Thank you Daniel and to the Luna Debt team!

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      SteadyWise
      Response from SteadyWise

      Dear Alex,

      Thank you so much for your heartfelt review! We know that taking the first step toward financial freedom can be overwhelming, and we’re incredibly glad that Daniel and our team could provide you with the support and reassurance you needed. We pride ourselves on offering a judgment-free environment where our clients feel heard and understood. Congratulations on your enrollment and please do not hesitate to reach out if you need anything!

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      Customer ServiceStaffProcess

      Reviewed July 23, 2024

      Justin made me very comfortable with this whole process. He was also extremely patient with me as there were times I said/thought I was available for a phone call but something would come up and I'd miss our time. He would always try to make it as easy as possible for me to continue the process by sending questions via email which I could answer at my leisure and was very responsive to any questions or concerns I might have had. I enjoyed working with him.

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      Response from SteadyWise

      Dear Ryan,

      Thank you so much for your kind words! Justin is indeed a valuable member of our team and we are thrilled to hear he made you feel comfortable and supported throughout your journey to becoming debt free. We are all committed to providing a patient and responsive experience that fits within your busy schedule, so we are glad to hear that you found working with him enjoyable. If you have any more questions or need further assistance, please don't hesitate to reach out, our team is always here to help.

      Verified purchase
      Staff

      Reviewed July 10, 2024

      Luna Debt Relief advisor Cody ** provided detailed information on how the program works as I got behind on credit card payments due to illness and retirement, which resulted in less income. Cody was very patient with me and went over the program to reduce total debt and establish a monthly budget, saving me about $700 a month.

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      SteadyWise
      Response from SteadyWise

      Dear Elaine,

      Thank you so much for taking the time to share your experience with us and our advisor, Cody. We understand how challenging it can be when unexpected circumstances like illness and retirement affect income and financial stability.

      Saving approximately $700 a month is a significant achievement, and we're delighted that Cody's patience and expertise made a positive difference for you.

      If you have any further questions or need additional assistance, please don't hesitate to reach out. Thank you once again for allowing us to help you on your journey to financial freedom.

      Verified purchase
      Process

      Reviewed June 3, 2024

      Was nervous about this whole the process, create a game plan to pay off my debt. Thank you for the process and make feel so at ease and happy about the process. I finally feel like I have a grasp of my future. I thought I needed to go to bankruptcy, but I realize I didn’t needed to go that route.

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      Response from SteadyWise

      Dear Robert,

      Thank you so much for sharing your amazing experience with us!

      We are so pleased to hear that our process has helped alleviate your nerves and provided you with a game plan to pay off your debt and avoid bankruptcy.

      If you ever have any questions or need additional support, please do not hesitate to reach out. We're here to help every step of the way!

      StaffTransparency

      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.

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      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!

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      Staff

      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 **.

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      Customer ServiceStaffProcessTransparency

      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.

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      StaffProcess

      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.

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      SteadyWise Company Information

      Company Name:
      SteadyWise
      Formerly Named:
      Luna Debt Relief
      Website:
      www.steadywise.com