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  2. What are debt relief companies and how do they work? - AOL

    www.aol.com/finance/debt-relief-companies-look-3...

    Debt relief companies work with creditors to help you pay down your debts. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...

  3. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Bankruptcy. Bankruptcy is a legal process that provides relief from overwhelming debt by liquidating assets or creating a repayment plan. Chapter 7 bankruptcy is ideal for unsecured loans (such as ...

  4. Debt relief: Pros and cons - AOL

    www.aol.com/finance/debt-relief-pros-cons...

    Discover which debt relief options exist, how they work and their pros and cons. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...

  5. Debt buyer (United States) - Wikipedia

    en.wikipedia.org/wiki/Debt_buyer_(United_States)

    Debt buyer (United States) A debt buyer is a company, sometimes a collection agency, a private debt collection law firm, or a private investor, that purchases delinquent or charged-off debts from a creditor or lender for a percentage of the face value of the debt based on the potential collectibility of the accounts.

  6. Debt settlement - Wikipedia

    en.wikipedia.org/wiki/Debt_settlement

    Debt settlement (also called debt reduction, debt negotiation or debt resolution) is a settlement negotiated with a debtor's unsecured creditor. Commonly, creditors agree to forgive a large part of the debt: perhaps around half, though results can vary widely. When settlements are finalized, the terms are put in writing.

  7. Credit card debt - Wikipedia

    en.wikipedia.org/wiki/Credit_card_debt

    Consumer and government debt in the United States. Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the consumer fails to repay the company for the money they have spent. If the debt is not paid on time, the company ...

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