From ThePennyHoarder.com…..
So, you’ve got debt.
It sucks, but you’re not alone — about 80% of Americans have debt, too. Some of it is good debt, like mortgages and student loans; some of it not so great, like overwhelming credit card balances.
When you decide to take on that credit card debt, there are a couple of options for you, debt management and debt consolidation being the most common and affordable. Debt-settlement companies are a third option, but they can be expensive, hurt your credit score and won’t stop the creditors from calling you.
So instead of using one of those debt-relief programs you hear about on the radio, consider whether debt management or debt consolidation is right for your situation.
