Back to Debt Moves
TOP PICK
A+ BBB
National Debt Relief
Debt settlement for those drowning in unsecured debt
Debt settlement for those drowning in unsecured debt
Debt settlement is a serious decision that will impact your credit score. It's typically best for those who are already behind on payments and can't afford to pay their debts in full. Make sure you understand the pros and cons before proceeding.
Debt settlement is a negotiation process where a company works with your creditors to accept less than what you owe — often 40-60% of the original balance. You make monthly deposits into an escrow account, and once enough funds accumulate, the company negotiates settlements.
National Debt Relief is one of the largest and most reputable debt settlement companies, having settled over $15 billion in debt for their clients.
Debt settlement is a last resort before bankruptcy, not a first option. If you're drowning in debt and can't see a way out, National Debt Relief is one of the most reputable options. But if you can still make your payments or your credit is still good, explore other options first.