Drowning in credit card debt? Debt settlement could help, but the trade-offs might cost you. Here's what to know.

If you're drowning in debt and can't see a way out, debt settlement might be a lifeline, but it's not risk-free.

Credit card debt got you stressed? Debt relief companies promise help — but what can they actually do for you?

Capital One: Call the Capital One personal credit card service line at 1-800-227-4825 to start the settlement process. Citi : Call Citi’s customer service line at 1-800-347-4934 for help with ...

Debt settlement simply means negotiating with an unsecured creditor, usually a credit card issuer, to get out from under a balance. Generally, this means offering your creditor a lump sum that's ...

The process by which a business collects payment from a credit card transaction involves two steps, authorization and settlement, and three key players: customer, issuing bank and merchant.

Receiving refund emails after closing a credit card is common due to pending settlements; banks must transfer such refunds to ...