What is the difference between debt settlement and debt consolidation?

Related FAQs

How does debt settlement impact my credit score?
What happens to the debt that’s been settled?
What are my rights and options when it comes to settling debt?
Are there any laws governing debt settlement?
How do I make sure I receive a fair settlement from my creditors?
Can a debt settlement company guarantee a successful settlement?
Is debt settlement a better solution than bankruptcy?
What is the difference between debt settlement and debt consolidation?
What should I do if a creditor refuses to negotiate a debt settlement?
Are there any alternatives to debt settlement?

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