Debt Settlement Vs. Debt Management

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Debt Settlement Vs. Debt Management – This is a place for the community to provide tips and advice on Debt Settlement Vs. Debt Management. This topic was created by Rob Conley and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Debt Management, Debt Settlement, Consumer Credit, Debt Relief, Creditors - AARP

Published: 9 years, 4 month(s) ago | Submitted by wtsnapapex | permalink

What is the difference between debt management and debt settlement, and which do you need? The Money Coach breaks it down.
Tags: credit, debt, debt management, debt settlement, creditors, negotiate, interest rate, consolidate, credit report, payment, credit counseling

For further reading: http://www.aarp.org/money/credit-loans-debt/info-08-2011/debt-management-debt-settlement.html ^[1]

Tip 2 - What's the difference between a credit counselor and a debt settlement company?

Published: 9 years, 4 month(s) ago | Submitted by Barry Noret | permalink

Both offer services to help if you are having trouble making payments on your debts. Credit counseling services are different from debt settlement companies in a number of ways: Credit counselorsDebt settlement companies Usually non-profit org

For further reading: http://www.consumerfinance.gov/askcfpb/1449/whats-difference-between-credit-counselor-and-debt-settlement-company.html ^[2]

Tip 3 - Debt Settlement vs. Debt Consolidation - Pros and Cons

Published: 9 years, 4 month(s) ago | Submitted by Angela Mc Pherson | permalink

Debt settlement and debt consolidation are common options for helping borrowers clear their debts and rescue their finances.

For further reading: https://www.debt.org/settlement/vs-consolidation/ ^[3]

Tip 4 - Debt Settlement

Published: 9 years, 4 month(s) ago | Submitted by Siphon 3 D | permalink

Debt Settlement Debt settlement is a process of negotiating with creditors to accept a percentage of the full amount on debt that is charged off or severely delinquent. Settling Debt On Your Own
Tags: debt settlement, debt settlement plans

For further reading: http://www.greenpath.com/resources-tools/financial-library/debt-elimination/debt-settlement ^[4]