Debt settlement is when you negotiate with a creditor to settle your debt, often for less than what you owe. If the creditor accepts the settlement, you’ll typically have to make a lump-sum payment to ...

Debt management restructures your debt so you can pay it off. Debt settlement involves some amount of debt forgiveness. If you don't qualify for debt management, debt settlement might work for you.

With the average American carrying nearly $8,000 in credit card debt and card rates hovering near historic highs, debt-related stress has become a daily reality for millions of households. In today's ...

If you’re stuck in credit card debt, it can feel hopeless. With increasing payments, ballooning debt balances and massive interest charges — credit card debt can get out of control quickly. Try This: ...

There are several ways to deal with overwhelming debt, and the right one for you depends on the severity of the problem and the resources you have. If you’re exploring debt management vs. debt ...