Debt settlement programs carry the risk that if a company fails to get creditors to agree to settle the debts, the consumer could end up owing more money due to accumulated late fees and interest.

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