Settlement is a nice sounding word.
Settle. Resolve. Put an end to.
But is debt settlement a good choice?
First, let’s take a look at the competition.
Debt Consolidation is Just a New Loan
Debt consolidation is usually a new loan that you take out to pay off all your other (usually credit card) loans.
Thus, no settlement involved here.
The main benefit is you consolidate your multiple different payments into one big one.
But do you save any money?
It depends on the terms of the loan, […]