How to negotiate a debt settlement
You can negotiate with your creditors to settle your debt by paying a lump-sum amount that’s less than what you owe. Here’s how.
6 min read
Jun 20, 2024
Michelle Clardie
EXPERTISE
- Debt management
- Investment
- Credit repair
Michelle Clardie is a seasoned investor who’s been writing professionally about saving and investing since 2017. She used the investment advice she covered to quit her day job in property tax consulting and move abroad, writing her way from one country to the next.
With a Master's in Business Management and Strategy from WGU, Michelle specializes in making complex personal finance topics easy to understand. You may have seen Michelle’s work on:
- Websites for notable financial institutions like PNC Bank and Omaha Mutual,
- Informational websites like coverage.com, interest.com, and mortgage.com,
- And financial blogs like Get Rich Slowly and Wallet Hacks.
Michelle's latest articles
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What is a credit card hardship program?
If you’re struggling with debt, a credit card hardship program may be able to help.
6 min read May 21, 2024 -
What do the different versions of FICO scores mean?
What are the different types of FICO credit scores?
5 min read Apr 11, 2024 -
Can closed accounts be removed from your credit report?
Closed accounts listed on your credit report are removed after a set amount of time – depending on the status.
7 min read Mar 21, 2024 -
How to protect yourself from debt relief and credit scams
If you are considering working with a debt relief company, make sure to watch out for debt relief and credit scams.
5 min read Oct 30, 2023
