First Choice Debt Relief is not one of our top-rated life debt relief companies. You can review our list of the best debt relief companies for what we think are better options.
Like many other debt relief companies, First Choice Debt Relief helps clients get out of debt using a strategy known as debt settlement. While debt settlement does have its risks, including the potential for damage to your credit score, this debt payoff strategy can help consumers settle debts for less than they owe.
Unlike credit counseling and debt management plans (DMPs), debt settlement requires program participants to stop making payments on their bills and begin setting aside a specific amount of cash each month instead. Once the separate savings account …
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