Debt Consolidation

2017 AFCC Report on Debt Settlement

AFCC Report 2017
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We firmly believe that debt settlement can change people’s lives for the better—and we’re not the only ones. Take a look at this summary of a 2017 study by the American Fair Credit Council (AFCC), which shows how debt settlement could be a better solution for people struggling with significant amounts of debt.

This analysis is based on a detailed statistical review commissioned by the American Fair Credit Council (AFCC), reflecting 400,000 clients in 2.9 million accounts enrolled in debt settlement programs during the period January 1, 2011 to March 31, 2017. The full report, prepared by Hemming Morse LLP on behalf of the AFCC, can be downloaded.

For over 20 years, Ann has been a communications professional dedicated to helping people better understand the world around them. She enjoys breaking down complicated financial topics so people can better understand their options and find the right solutions for them.