31 Oct, 2024 Older man studying legal documents about debt settlement qualifications.

Debt settlement can provide relief for those overwhelmed by unsecured debt, but it’s important to understand the eligibility requirements before proceeding. In this guide, we break down who qualifies for debt settlement, the types of debts that can be settled, and what to expect throughout the process. Explore whether debt settlement is the right path for your financial situation.

31 Oct, 2024 Debt stress - Worried woman holding her head, contemplating the impact of debt settlement on her credit score.

Debt settlement can offer a lifeline to those facing overwhelming debt, but it often comes with a credit impact. If you’re considering debt settlement, it’s crucial to understand how it affects your credit score, both in the short and long term, and the steps you can take to rebuild. This article explores the realities of debt settlement’s credit implications, alternative options, and practical advice on regaining financial stability.

Recent Posts