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Debt Settlement Market Growth Projection to 2024 | Freedom Debt Relief, National Debt Relief,, Rescue One Financial
Debt Settlement Global Market Report 2020-2024
Debt settlement is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.
Debt settlement is a rapidly growing industry in which companies advertise that they can eliminate consumer debt by negotiating reduced debt payoffs with a consumer's creditors, usually for unsecured debt such as credit card debt and medical bills. Consumer debt settlement firms level the playing field for consumer borrowers seeking to settle debts outside of bankruptcy court.
With the slowdown in world economic growth, the Debt Settlement industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Debt Settlement market size to maintain the average annual growth rate of 11.25% from 318.55 million $ in 2014 to 438.59 million $ in 2019, Publisher analysts believe that in the next few years, Debt Settlement market size will be further expanded, we expect that by 2024, The market size of the Debt Settlement will reach 658.37 million $.
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Debt settlement is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.
Debt settlement is a rapidly growing industry in which companies advertise that they can eliminate consumer debt by negotiating reduced debt payoffs with a consumer's creditors, usually for unsecured debt such as credit card debt and medical bills. Consumer debt settlement firms level the playing field for consumer borrowers seeking to settle debts outside of bankruptcy court.
With the slowdown in world economic growth, the Debt Settlement industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Debt Settlement market size to maintain the average annual growth rate of 11.25% from 318.55 million $ in 2014 to 438.59 million $ in 2019, Publisher analysts believe that in the next few years, Debt Settlement market size will be further expanded, we expect that by 2024, The market size of the Debt Settlement will reach 658.37 million $.
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