How to Get out of Debt: An Overview of Debt Consolidation and Debt Settlement

By the mid-aughts, the average American carried a debt load that includes over $9,000 of high-interest credit card debt. Add to this tens of thousands of dollars of home and college loan debt, and it is not surprising that over a million people per year seek bankruptcy protection. However, declaring bankruptcy is not nearly as easy as it once was, nor is it a good option for most. That leaves debt consolidation and debt settlement as the most viable alternatives for most to get their personal finances back in order...... read full article