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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 ...
You can negotiate with your credit card company or find a reputable nonprofit credit counseling agency to guide you or negotiate on your behalf. Some for-profit companies also offer debt ...
If you decide to pursue debt settlement over other alternatives, research your options to identify reputable debt settlement companies with a track record of success and positive client reviews.
National Debt Relief sits at or near the top of most best-of roundups that cover the industry. It boasts an A+ rating with the Better Business Bureau (BBB) and holds 4.23 out of 5 stars after more ...
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 ...
Debt relief scams: Some criminals target those seeking help with credit card debt. Make sure that you know how to identify a debt relief scam, such as guarantees that you will qualify for debt ...
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