What It Is And When You Should Seek It – Forbes Advisor

Feeling overwhelmed by credit card bills, student loan payments or other debts? Seeking out debt relief can help you get your financial obligations under control.

Debt relief can take different forms, and one may work better than another. While seeking debt relief can offer some advantages, there may be cons to weigh in the balance.

Here’s more on how debt relief works.

What Is Debt Relief?

Debt relief refers to a variety of strategies for making debt easier to handle. What debt relief looks like for you may hinge on the types of debts you have and what you need help with most.

For example, you may need credit card debt relief if you’re struggling to pay off credit card bills. Or you may be interested in debt consolidation if you have several types of…