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?
What should I do if a creditor refuses to negotiate a debt settlement?
What are the risks of choosing to settle a debt?
How do I know if a debt settlement company is legitimate?
When can I start making payments on my debt settlement?
Do I have to pay taxes on debt settled through negotiations?
Is debt settlement reported to credit bureaus?
How will I know if a debt settlement offer is fair?
What happens if I miss a payment on a debt settlement?
How does a creditor determine if a debt should be settled?

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