What are some of the benefits of debt settlement?

  • You’ll likely pay less and get out of debt faster, which is both a drawback and a benefit. If you’ve already missed payments with your creditor, and are in collections, settling will eventually help your credit.
  • It can improve your financial situation.
  • It can help you avoid being sued if you’re already in collections.
  • It can help you move on to accomplish other goals, such as a home loan.
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