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What Is The Difference Between Debt Settlement & Debt Consolidation?

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What Is The Difference Between Debt Settlement & Debt Consolidation?

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Debt settlement is reducing the amount of debt owed by negotiating a lower total amount with your creditors. On the other hand, debt consolidation transfers your full debt amount to another loan. This does not reduce what you owe, but reduces your interest rates and minimum payments. This can be more costly and leave you and your finances wide open to some serious issues. Additionally, debt consolidation often claim to be “non-profit”, but they are often funded by and working for your creditors, while charging you fees for their services. US Credit Relief works for you! We can cut your debt in half, get your payments down to an amount you can afford and get you debt free faster.

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Debt settlement is reducing the amount of debt owed by negotiating a lower total amount with your creditors. On the other hand, debt consolidation transfers your full debt amount to another loan. This does not reduce what you owe, but reduces your interest rates and minimum payments. This can be more costly and leave you and your finances wide open to some serious issues. Additionally, debt consolidation often claim to be “non-profit”, but they are often funded by and working for your creditors, while charging you fees for their services. All American Credit Relief works for you! We can cut your debt in half, get your payments down to an amount you can afford and get you debt free faster.

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