Credit card companies may settle debts for less than the full balance, but the percentage varies widely. Here's why.

Before you start the negotiation process, make sure you know what offers to make (and the factors to consider).

"Debt relief" is a broad term, and it can refer to everything from negotiating with your creditors on lower rates and fees to ...

Debt settlement is one solution for unaffordable debt, and there are lawyers and companies that settle debt for their clients. However, professional debt settlement can be expensive, depending on whom ...

Discover how a Certified Consumer Debt Specialist can aid in debt relief and negotiation. Learn about their certification, benefits, and impact on your finances.

Wondering if your debt load is too high? Here's how to gauge it — and what else you should keep in mind right now.

Q: I currently owe $50,000 on two Bank of America credit cards. I have never missed a payment or been late in 15 years with them. I now find myself in a difficult financial position and need to pay ...

Credit card debt, student loan debt, mortgage payments: no matter what stage of life you’re in, there’s a good chance you’re carrying the burden of debt in one form or another. Since the issue is so ...

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