The choice between debt settlement or debt consolidation is not a simple yes or no question. There many different factors that need to be considered before a person in debt can make the best decision. Debt settlement and debt consolidation are two diverse choices to relieve the burden of debt, and both have different benefits that may make it easier for the debtor to pay what they owe. The bottom line is that you need to choose an option that will give you quick relief to lift the burden of financial strain. The important point to consider when trying to choose between settlement or consolidation is which method will save you the most money. One way to assess this is in the interest rate. Debt consolidation will work to lower the interest rate of the debtor, which consolidates all debts into one loan at a lower interest rate...

Debt Settlement Or Debt Consolidation?