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  2. What are debt relief companies and how do they work? - AOL

    www.aol.com/finance/debt-relief-companies-look-3...

    Fees charged: Most debt relief companies will charge a fee between 15 percent and 25 percent of the total debt enrolled for settlement. Companies may also charge fees for opening and managing the ...

  3. Debt consolidation vs. debt payoff vs. debt counseling: What ...

    www.aol.com/finance/debt-consolidation-vs-debt...

    While debt consolidation is a way to combine multiple debts into one new loan, debt settlement — also called debt relief — involves a negotiation between a for-profit debt settlement company ...

  4. These are the best debt relief options — which is right for you?

    www.aol.com/finance/different-debt-relief...

    The debt settlement company will tell you to stop paying your creditors to give it negotiation leverage. You can expect your score to take a massive hit when working with a settlement company.

  5. Founded in 1999, New Era is another company with a long history in the industry — and it’s settled more than $250 million in debt. It holds an A+ rating with the BBB and has a rating of 4.86 ...

  6. How to negotiate a debt settlement - AOL

    www.aol.com/finance/negotiate-debt-settlement...

    Otherwise, consider a reputable debt settlement company, potentially saving you time, stress and money. Before committing to a debt relief company, research to confirm it’s a legitimate service ...

  7. How to get debt relief - AOL

    www.aol.com/finance/where-debt-relief-help...

    Debt relief companies, also referred to as debt settlement companies, work with your creditors to negotiate better terms for your credit accounts in exchange for a fee. Getting debt relief through ...

  8. Best debt relief companies for credit card debt 2024 - AOL

    www.aol.com/finance/best-debt-relief-companies...

    In 2024, credit card debt accounted for 6.36% of all United States household debt, up from 5.8% in 2020. Credit card balances surged during the pandemic and, by the end of 2022, Alaska led the ...

  9. How to tell if debt settlement is a good idea for you - AOL

    www.aol.com/finance/tell-debt-settlement-good...

    If you’re paying a debt relief company to keep funds in escrow while you work toward a lump sum, you could be dealing with the debt for a year or more without knowing if debt settlement will ...

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