Discover which debt relief companies will provide you with honest and professional debt solutions. Here you can research all your options, ask questions, and decide which type of debt solution is right for you!why do debt settlement companies want give you a longer period of time to pay the debt back (84 month)
Debt settlement company programs are much shorter than 84 months. They are under 3 years. You may have them confused with a debt management program which is typically a 5-7 year program. Debt settlement is shorter beacuse they actually reduce the balance of what you owe on your debt whereas in a debt management program, the balance remains the same and your interest rates and fees are reduced.
Therefore debt management typically takes longer to complete.
