Juggling multiple debts, in addition to paying for your other living expenses and bills, can be incredibly difficult to handle. If your funds are already stretched thin, you may only be able to make minimum payments toward your debts every month. While this can satisfy your creditors and maintain your credit score, it can take years to pay off and cost you much more in interest.
A debt settlement program could help to cut your debt in half, but is it worth pursuing? Let’s compare the key aspects of a debt settlement program and a minimum monthly payment strategy so that you can determine what’s best for you.Continue reading