Carrie Reeder

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Debt Settlement Vs. Debt Consolidation, Which Option Is Better?

Both debt settlement and debt consolidation can reduce and eliminate your debt. But each will have different consequences on your credit score and future financial options. Before choosing either option, educate yourself on the pros and cons of each.

The Benefits Of Debt Settlement

Debt settlement means that part of your debt is immediately wiped out by your creditor. You will find instant financial relief in your monthly budget. And the rest of your debt payments are much more manageable.

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