Help… caring for elderly family members is causing my husband and I to build up debt, what should we do? How do I budget when my income is variable and my job is seasonal? Which is better… debt management or debt settlement? Answering these questions of yours and more on this week’s #AskFarnoosh.
#AskFarnoosh: Negotiating Debt Payments
Debt got you down? Overextended borrowers that don’t see a light at the end of the tunnel may be relieved to know that they can negotiate to pay a fraction of what they owe to creditors. It’s called debt settlement. But the process comes with caveats. What you need to know first and how to negotiate debt payments in my latest Mint blog post.