Which debt relief options can lower your monthly payments immediately?

Certain debt relief strategies can expedite the payoff process substantially compared to other options. Dragon Claws/Getty Images Borrowers have been struggling amid an expensive borrowing landscape over the last few years, and the inflationary climate certainly hasn't helped much, either. In turn, credit card delinquency rates climbed to the highest level in over a decade last year, and they haven't meaningfully retreated in the time since, either. …