The goal of any debt-relief strategy is ultimately to eliminate debt.

While the circumstances of one’s debt make some options better suited than others, it’s paramount for any plan to offer more advantages than merely a financial resolution.

Living a financially secure existence is only possible when we have a foundation for healthy behavior, which involves a lot more than owing or not owing a balance.

Let’s examine this concept further by discussing one type of debt solution—debt settlement—and the benefits it offers beyond settling a debt.

Reduce Emotional Suffering

Being cash-strapped is one thing. Being cash-strapped and owing money is downright panic-inducing. Living with this feeling every day can sow discontent in even the most stable minds. Debt affects everyone slightly differently. Whether you’re stressed, anxious, depressed, angry or a bit of each, committing to a plan will improve your mental state.

Debt settlement is one type of plan that can be beneficial to a debtor’s mental state in that it allows debtors to unload some of the weight they’ve been carrying. Instead of sitting hopelessly in a difficult economic situation, Continue Reading