What is the difference between debt settlement and debt consolidation?

Related FAQs

Is it possible to settle a debt for less than the amount owed?
How will I know if the debt settlement negotiations are successful?
What is a debt settlement plan and how does it work?
What if I can’t pay the full amount of a debt settlement?
Can I negotiate a debt settlement without a debt settlement company?
What are my rights and options when it comes to settling debt?
How much money can I save by settling a debt?
How does debt settlement impact my credit score?
Can I negotiate a lower principal balance as part of a debt settlement?
What is the average debt settlement amount?

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