Debt Settlement in Three Simple Steps | CDS Nationwide

Debt settlement involves negotiating with creditors to reduce interest rates and the total amount of principal debt owed. During this negotiation process, the debtor or their debt settlement company arranges to pay back a portion of the debt, and in exchange, the creditor forgives the remaining debt balance. This settlement is reached when both parties agree on a specific amount that the debtor will pay to fully satisfy the debt.

Category: Finance > Debt Upgrade Options