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Stock impact report

What Is A Debt Relief Program? [Forbes]

Heritage Financial Corporation (HFWA) 
Last heritage financial corporation earnings: 4/30 08:00 am Check Earnings Report
Company Research Source: Forbes
A so-called debt relief program, also known as a debt settlement program, is a detailed road map designed to help people reduce their balances, secure lower interest rates or improve repayment terms. For a fee, counselors at debt relief companies will negotiate with your creditors on your behalf, working to lower certain types of consumer debt to a more manageable level. FEATURED PARTNER OFFER Fee for Settlement 15% to 25% BBB Rating A+ Learn More 15% to 25% A+ How Does A Debt Relief Program Work? Debt relief involves bargaining with creditors to decrease the amount you owe. Some lenders may be willing to write off some of the debt, extend the payoff deadline or lower the debt's interest rate. Before you can hammer out new agreements with your lenders, you must show that you can't afford your current monthly payments. The simplest way to demonstrate your hardship to creditors is to fall behind on your payments. In fact, if you hire a debt relief company , you Show less Read more
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