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  2. Debt settlement could cost more in fees and taxes, as settled debt is taxable. Timeframe : Paying off consolidated debt might take several years, depending on your balance. The debt settlement ...

  3. The debt relief trick I learned when I stopped paying my ...

    www.aol.com/finance/debt-relief-trick-learned...

    Here’s how I ended up with a debt in collections and got rid of it, as well as cleaned up my credit report. How I ended up with a debt in collections I was 22 when a credit card preapproval ...

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

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

    "The ideal candidate for debt consolidation is someone with a credit score of at least 670 and a debt-to-income ratio of 35%, meaning the debt payments are no more than 35% of their income," says ...

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

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

    A debt settlement may remain on your credit report for up to seven years. Not all types of debt are eligible: Some types of debt, like mortgages are car loans, can’t be settled. In those cases ...

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

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

    While debt relief solutions may be helpful when organizing and paying down debt, they can easily result in long-term damage to your finances or credit. Common forms include debt settlement, debt ...

  7. How to settle credit card debt - AOL

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

    How to rebuild your credit after a settlement. While settling credit card debt can provide immediate relief, it will reflect negatively on your credit report and possibly result in a credit score ...

  8. Debt relief: Pros and cons - AOL

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

    Debt consolidation takes place when you move two or more of your existing debts into one new debt, typically with the help of a product like a debt consolidation loan or a balance transfer credit ...

  9. Alternatives to debt relief - AOL

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

    5 alternatives to debt relief. A good debt relief company could potentially save you money by negotiating your debts with your creditors for you — but there’s no guarantee that all your debts ...

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