| Pros | Cons |
|---|---|
| You pay a lump sum that’s less than originally owed. | Can be hard to strike a deal. |
| Faster than a payment plan. | Can look bad on credit report. |
| Pros | Cons |
|---|---|
| You pay a lump sum that’s less than originally owed. | Can be hard to strike a deal. |
| Faster than a payment plan. | Can look bad on credit report. |