Escape Financial Struggle with Secret Debt Relief Options
Debt Settlement
Debt settlement is a method where a company negotiates with creditors on your behalf to reduce the overall amount owed. This approach can significantly lower your debt, but it often requires a lump-sum payment and may impact your credit score. Companies like Freedom Debt Relief specialize in this service, aiming to negotiate substantial reductions2.
Credit Counseling
Credit counseling services provide guidance and support for managing finances and debt. These organizations can help create a budget, manage expenses, and develop a plan to pay off debts. Non-profit agencies like the National Foundation for Credit Counseling offer free or low-cost services to assist individuals in achieving financial health3.