Consumers who drop out of a debt settlement program before completion lose the fees paid for debts already settled, remain liable for unsettled debts, and likely suffer damage to their credit reports due to late payments.

Authors

• Person: Not available Organization: Federal Trade Commission
  How To Get Out of Debt | Consumer Advice

Sources

• How To Get Out of Debt | Consumer Advice consumer.ftc.gov Federal Trade Commission via serper

Referenced by nodes (1)

• debt settlement program concept