3 unexpected downsides of debt relief to know before enrolling

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3 unexpected downsides of debt relief to know before enrolling

Before enrolling, it's important to understand not just what debt relief can do, but also what it may cost you. Spauln/Getty Images Household debt levels remain at record highs right now, with credit …

Before enrolling, it's important to understand not just what debt relief can do, but also what it may cost you. Spauln/Getty Images Household debt levels remain at record highs right now, with credit card balances hovering above $1.23 trillion and average credit card APRs still north of 21% . At the same time, inflation has started to rise rapidly, putting additional pressure on borrowers' monthly budgets, many of which were already stretched thin by growing debt balances and compounding …

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