Are there any drawbacks to settling a debt?
Related FAQs
What is the difference between debt negotiation and debt settlement?How do I know if debt settlement is right for me?
How do I know if I have been approved for a debt settlement?
What happens to the debt that’s been settled?
How do I find out the balance of my debt?
Is debt settlement reported to credit bureaus?
Can I negotiate a lower interest rate as part of a debt settlement?
What is a debt settlement plan and how does it work?
Can I negotiate a lower principal balance as part of a debt settlement?
Can a creditor challenge a debt settlement?
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