What is Debt Negotiation?
Is Debt Negotiation Right for You?
The first factor to consider in debt negotiation is whether or not you have access to the cash required to pay the lump sum settlement. You may consider taking out a loan to pay off all creditors at once and consolidate. This option should only be considered if you feel you will be able to make the payments on the new loan. Pay off the debts with the highest interest rates first to save yourself money in the end.
