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.

Learn what is debt settlement and how it could help you reduce your total debt through negotiating with creditors.

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.

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 ...

Best Credit Card Processing Company for High-Volume Sellers: Stax; ... After obtaining authorization, the processor uses a payment gateway to complete the settlement process.

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