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  2. How to settle credit card debt - AOL

    www.aol.com/finance/settle-credit-card-debt...

    Potential increased debt: If you aren’t making payments in hopes of being able to settle your debt, you’ll likely have late fees and penalty interest rates in the meantime. Those charges can ...

  3. How to settle credit card debt - AOL

    www.aol.com/finance/settle-credit-card-debt...

    Collection agencies may be unwilling to negotiate a settlement, even after months of payments to a debt settlement company. Having accounts in collections can damage your credit score. You want to ...

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

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

    Potential debt reduction: Debt settlement may reduce the total amount you owe, providing relief from debt burdens. However, the fees of settlement and late fees can sometimes inflate your debt ...

  5. How to get debt relief - AOL

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

    Getting debt relief through debt settlement If you have over $7,500 worth of unsecured debt and your credit is in bad shape, then seeking a program through a good debt relief company may be your ...

  6. Debt settlement - Wikipedia

    en.wikipedia.org/wiki/Debt_settlement

    Debt settlement (also called debt reduction, debt negotiation or debt resolution) is a settlement negotiated with a debtor's unsecured creditor. Commonly, creditors agree to forgive a large part of the debt: perhaps around half, though results can vary widely. When settlements are finalized, the terms are put in writing.

  7. These are the best debt relief options — which is ... - AOL

    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.

  8. Debt relief: Pros and cons - AOL

    www.aol.com/finance/debt-relief-pros-cons...

    Debt settlement is a process that lets you settle large amounts of debt for less than you owe, and it is offered through for-profit debt settlement companies. Typically, these programs ask you to ...

  9. What is debt forgiveness? - AOL

    www.aol.com/finance/debt-forgiveness-202301471.html

    Debt settlement: This is when you negotiate to settle the debt for a lump sum to guarantee payment. However, this process may hurt your credit score, and there’s no guarantee that a creditor ...

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