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 ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

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 ...

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

With free consultations, transparent terms and established relationships with over 10,000 creditors, National Debt Relief takes a structured approach to debt relief. The company has helped more ...

The sustained impact of recent price increases continues to affect Americans' daily lives, despite today's inflation rate being much lower than recent peaks. Although the rapid price growth has ...

If you're struggling to pay your bills, you might be able to lower your payments by working with a debt relief company specializing in debt settlement. Unlike debt consolidation, which merges ...

Americans were expected to spend $902 on average on holiday expenses in 2024 — a new record — according to the National ...