Debt settlement and debt consolidation might be easy to mix up, but they both offer very different approaches to tackling debt. CNBC Select explains how debt consolidation and settlement work ...

Both options can help you pay off your credit card debt faster, but one may be a better choice than the other now.

Fortunately, there are several options for debt relief, two of which are debt consolidation and debt settlement. Understanding how each program works and its risk is essential to deciding which is ...