If you're struggling to pay your bills, working with a debt relief company can enable you to lower your payments. Unlike debt consolidation, which merges multiple balances into one low-interest ...

If you're considering a debt management plan, though, understanding how the process works is an important part of that ...

I f you've fallen behind on a $5,000 debt and a collection agency is hounding you for payments, you might be worried about ...

This is sometimes referred to as “charging off” the account. Sometimes collection agencies sell entire portfolios of debt accounts to each other. The reason for this is that the creditor ...

Debt relief agencies typically begin the process by reviewing your financial situation to develop a customized plan. If they are to discuss terms with creditors, most agencies will ask you to ...

This type of debt relief involves negotiating with the collection agency to agree on a lump-sum payment that is less than the full balance owed. Because collection agencies often buy debts for a ...

More millennials are entering debt consolidation, new data suggest ... the debt-counseling nonprofit reports. The agency’s average millennial client now carries $30,000 in unsecured debt ...

More millennials are entering debt consolidation, new data suggest ... the debt-counseling nonprofit reports. The agency’s average millennial client now carries $30,000 in unsecured debt, including ...