Tag «debt settlement»

Dealing with Debt Settlement

Agreeing to pay a lesser amount than you owe to a creditor, or debt settlement, is strongly discouraged because it has a significant effect on your credit score. What’s more, the additional fees that you pay as part of the settlement may actually offset what you thought you have saved from the reduced amount. Debt …

Debt Settlement in America: A History

The concept of debt settlement is not a new one and the history of debt settlement is quite lengthy. Ever since the act of borrowing or lending began, creditors have realized that it’s much more “important” to get at least somewhat of what they’re owed back through the art of negotiation. Debt settlement as we …