Review:
Debt Settlement Services
overall review score: 4
⭐⭐⭐⭐
score is between 0 and 5
Debt settlement services are companies or programs that help individuals negotiate with creditors to reduce their outstanding debt.
Key Features
- Negotiation with creditors
- Reduction of debt
- Payment plans
- Financial counseling
Pros
- Helps individuals reduce and eliminate debt
- Provides guidance and support in managing finances
- Can lower overall monthly payments
Cons
- May have fees or costs associated with the service
- Could potentially harm credit score initially