How does debt settlement compare to debt consolidation?
In debt consolidation programs, the debt consolidator makes one loan to you to pay off all your debts. You are charged interest on this debt consolidation loan and in some cases you are still required to pay interest to your creditors. As a result, with debt consolidation your principal debt balance often remains the same and you remain years away from becoming debt free. With FlexDebtSolutions debt settlement program, our highly skilled negotiators work on your behalf to significantly reduce your debt. In most cases, our debt settlement program allows you to pay only a fraction of what you owe and helps you resolve your debts, often within only months.
