Legal Disclaimers & Terms

Service Description

DebtPrepAI is an educational technology platform that provides AI-powered financial analysis and document preparation tools to help users understand their debt relief options and prepare documentation for DIY debt negotiation. We are software that you use yourself—not a service that negotiates on your behalf.

What We Do

• Aggregate credit reports, bank transactions, and user-provided financial information
• Analyze debt load, payment capacity, cashflow patterns, and hardship factors
• Generate educational templates including hardship letters, debt validation requests, and settlement offer letters
• Provide settlement range estimates based on industry data and your specific situation (not guarantees)
• Prepare certified mail tracking and documentation workflows for users who choose to mail letters themselves
• Provide educational resources comparing debt relief options (settlement, management plans, bankruptcy, etc.)

What We Do NOT Do

• Credit Counseling: We do not provide personalized financial advice or credit counseling services
• Debt Negotiation: We do not negotiate with creditors on your behalf or handle debt settlement for you
• Payment Processing: We do not handle client funds, process payments, or act as an escrow agent
• Guaranteed Outcomes: We do not guarantee debt reduction, specific settlement percentages, creditor responses, or any particular outcome
• Legal Services: We do not provide legal advice or bankruptcy assistance

Educational Only - Not Financial Advice

Important: All information, analysis, and estimates provided by DebtPrepAI are for educational purposes only and do not constitute financial advice, recommendations, or endorsements. You should consult a certified credit counselor, financial advisor, or attorney for personalized guidance on your specific situation.

Regulatory Compliance

DebtPrepAI operates in compliance with:

• Fair Credit Reporting Act (FCRA) - user-generated credit reports with consent
• Gramm-Leach-Bliley Act (GLBA) - privacy and data security requirements for financial information
• Consumer Financial Protection Bureau (CFPB) - transparency requirements for consumer financial products
• Federal Trade Commission (FTC) - advertising and endorsement disclosure guidelines

No Steering or Guarantees

DebtPrepAI presents educational information about debt relief options (DIY settlement, debt management plans, bankruptcy, consolidation). We do not steer users toward any specific outcome, make guarantees about results, or receive compensation based on user outcomes. All decisions are made by you, and you are encouraged to consult with qualified professionals (certified credit counselors, attorneys) for personalized guidance.

Data Privacy & Security

• All personally identifiable information (PII) is encrypted using AES-256 encryption
• Credit reports are automatically deleted after 90 days unless you opt in for longer storage
• We do not sell your data to third parties
• You can request deletion of your data at any time

Limitation of Liability

DebtPrepAI is not liable for: inaccurate credit reports (contact the bureau directly), creditor responses or settlement decisions, third-party professional advice, or financial outcomes resulting from your actions or negotiations. All estimates, settlement ranges, and projections are approximations based on industry data and your inputs—they are not guarantees of specific results.

Contact Information

For questions about these terms or our services:
Email: support@debtprepai.com
Privacy Policy: debtprepai.com/privacy