Licensing and Disclosures: Where We Enroll, What We Disclose

Licensing and disclosures

Where Clear Financial Company enrolls clients, the rules debt settlement follows, and every disclosure that applies to our program, in plain language.

Last updated September 29, 2026

In plain language

We enroll clients in Florida, Georgia, Texas and California only. Debt settlement is not available in all states.
We charge no fee until a debt is settled and you have made a payment under that settlement.
Your savings stay in an account in your name at a federally insured bank, held by an independent provider.
You approve every settlement before it is paid.
Your credit score will drop, creditors can sue, and forgiven debt may be taxable.
We are not a lender, a nonprofit or a credit counselor, and we do not give legal or tax advice.

Where do we enroll clients?

Debt settlement is regulated state by state, and some states limit it or do not allow it. We enroll clients only where we are set up to work. The list is set with legal counsel and can change.

States where we are enrolling clients
State	Status	License or registration
Florida	Enrolling	Being confirmed with counsel
Georgia	Enrolling	Being confirmed with counsel
Texas	Enrolling	Being confirmed with counsel
California	Enrolling	Being confirmed with counsel

If your state is not listed, we cannot enroll you yet. Free nonprofit credit counseling may help in the meantime.

What licenses and registrations do we hold?

Clear Financial LLC does business as Clear Financial Company. Each state license or registration number will be listed in the table above, with a link to the state regulator where you can check it.

Which federal rules apply to debt settlement?

Debt settlement sold by phone, including after you find us online, is covered by the Telemarketing Sales Rule (FTC, opens in a new tab). These are the parts that protect you most.

No advance fees. A company cannot charge you until it has settled at least one debt, you have agreed to that settlement, and you have made at least one payment under it (16 CFR 310.4 (eCFR, opens in a new tab)).
Disclosures first. Before you enroll, a company must tell you how long the program takes, how much you must save before each offer, and that it can hurt your credit and lead to collection or lawsuits.
Your account, your money. Savings must sit in an insured account that you own, run by a provider independent of the settlement company.
Honest claims. A company cannot misstate how much you may save, how long it takes or what it does to your credit.

Who holds your money, and what are your rights?

A dedicated account in your name at a federally insured bank, held by an independent processor, that you can view online 24/7. You own the money in it and any interest it earns.

You can leave the program at any time without a penalty. When you do, the money in the account comes back to you within seven business days, minus only fees already earned for settlements you approved.

What should you know before you enroll?

Your credit score will drop during the program, and late payments stay on your credit report.
Creditors may keep collecting while you save, and they can sue. The program does not stop legal action.
Interest and late fees can keep adding to your balances until each account settles.
Forgiven debt may be taxable income. A creditor may send you IRS Form 1099-C.
Fees apply. The fee is a percentage of your enrolled debt, set individually, and charged only after a settlement is reached.
Not all creditors agree to settle, and not everyone completes the program.
We do not guarantee any amount, percentage or timeline.
Debt settlement is not available in all states. We are not a nonprofit or a credit counseling service, and we do not lend money.
We do not give legal or tax advice. Talk to an attorney or a tax professional about your situation.

How should you read the figures on this site?

Figures on this site are illustrations, not offers or guarantees. Results vary; not all debts settle.

Estimates assume creditors settle for 45 to 60% of enrolled balances (typical) or 80% (conservative, a 20% reduction), plus an illustrative fee of 20% of enrolled debt. The actual fee is a percentage of enrolled debt, set individually and charged only after a settlement is reached; your written agreement states it.

Your written enrollment agreement, not this website, sets your fee and your terms.

When will we call or text you?

Only if you ask us to. The estimate form has a consent box that is unchecked until you tick it, and you can get an estimate without it. Your consent covers Clear Financial Company only. Reply STOP to any text to opt out, or tell us on a call.

How do you raise a complaint?

Call us first at 866-659-7966 and ask for a manager. If we do not put it right, you can complain to the Consumer Financial Protection Bureau (CFPB, opens in a new tab), to the Federal Trade Commission (FTC, opens in a new tab), or to your state attorney general.

Do these rules apply to business debt?

Business debt negotiation is a business-to-business service, and some consumer rules above do not apply to it. These points do.

Business debt negotiation is not a loan and does not lower what you owe until a funder or lender agrees in writing.
Funders and lenders may keep collecting, report to business credit bureaus, or sue while talks go on. A personal guarantee can make you personally liable.
Merchant cash advance contracts differ. Some funders will not negotiate, and results depend on your contracts and your cash flow.
Forgiven business debt may be taxable. Talk to your accountant before you agree to any settlement.
We do not give legal or tax advice. If you have been sued or served, talk to a business attorney right away.
Fees apply. Ask for every fee in writing before you agree to anything, with us or anyone else.

Regulators and rules

The agencies and the rule text this page refers to. Each opens in a new tab.

Questions about anything on this page?

Call us and ask. A real person picks up, and we will answer in plain language or tell you who can.

Call 866-659-7966