There are times when it makes sense to deny a debt settlement offer, but there could be repercussions for doing so.

A debt collector may be open to settling your debt, but that doesn't mean they have to accept what you offer. /iStockphoto .

Debt settlement will hurt your credit score Although the debt ... I know someone who ran up a $40,000 credit card bill and ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

Credit card debt can be a tough problem to solve. And when you're researching solutions, you may come across certain ones that sound vaguely similar. Debt settlement and debt consolidation might ...

Is Credit Card Debt Consolidation a Good Idea ... consolidation loan options are unlikely to be effective. In this case, settlement might be a better option, but consulting a financial advisor ...

United Debt Settlement offers services for many different kinds of debts, including some credit card debt, auto loans, medical bills and business debts. If your debt amount is relatively low ...

It offers free credit card debt relief consultations. According to National Debt Relief, clients who complete its debt settlement plan can reduce their enrolled debt by an average of 20% to 25% ...

Learn how to get out of debt in 2025 by following these four steps, starting with knowing what you owe and committing to a ...

Yellowstone Capital, a merchant cash advance provider, agreed to a $1 billion settlement over allegations of predatory lending practices.

The FTC is sending more than $5 million in refunds to victims of a “deceptive" credit card debt relief scheme. Here's what to ...

But if you're not keen on lowering your debt through debt settlement, the company can help you consolidate your credit card debt if your total credit card debt exceeds $10,000. Accredited Debt ...