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If you are struggling with unsecured credit card debt, it can be overwhelming. The situation you are in is not hopeless, debt reduction help is available, so if you need help it would benefit you [...]

Debt settlement, also referred to as debt negotiation, is the art of negotiating with your creditors so they will accept less than the full amount of the debt owed to them, generally 50–65 cents [...]

Creditors do differ in the amount of debt reduction that they’re willing to settle for. Chase Bank won’t be the same as Bank of America, or Wells Fargo, or a local bank. A lot of it will also [...]

Although different creditors have different settlement guidelines, you can typically expect to pay around 50 cents on the dollar for your debts, including all fees.

Debt settlement can help you in three significant ways: First, it gets you out of debt at less than the full amount you owe – typically between 50 and 60 cents on the dollar, including all fees. [...]

Debt settlement, which refers to reaching an agreement with your creditors in which they agree to accept less than the full amount you owe on the debt, is generally done through an attorney or a [...]

Debt consolidation is a term that is easily misunderstood and often misused, and it is not the same thing as debt settlement. True debt consolidation involves taking out a loan greater than or [...]

No, they are not the same thing at all. In a consumer credit counseling plan, you pay back all of your debt over time, plus interest (although usually at a reduced interest rate). With debt [...]

Debt settlement is a type of debt relief that provides an alternative to bankruptcy. It involves negotiating with creditors so that they will accept less than the total amount they are owed to [...]

Any matter related to your personal finances needs to be handled very carefully, since a mistake in this area can be very costly. Ninety percent of successful debt reduction through debt [...]