What is the difference between debt settlement and debt consolidation?

Related FAQs

How do I find out the balance of my debt?
What should I do if I can’t agree on a settlement amount?
Is debt settlement better than bankruptcy?
What are the potential consequences of a failed debt settlement?
Who should I contact to settle my debt?
What fees will I pay if I use a debt settlement company?
Are there any risks associated with using a debt settlement firm?
Are there any alternatives to debt settlement?
What documents do I need to provide during a debt settlement process?
What are my rights and options when it comes to settling debt?

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