Q&A: debt management vs credit card settlement for my 73YO mother?

Question by sfdj66: debt management vs credit card settlement for my 73YO mother?
she owes 25K on credit cards and unsecured loans. 1 option is Debt management, a higher payment over more time but less credit damage. Another is a settlement, less $ paid off sooner but seriously dinged credit. She still may move once in her life, meaning a lease or purchase. Suggestions?


Best answer:
Answer by CatDad- Debt settlement means deliberately defaulting on credit cards to attempt

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