How much cash do you need to settle $25,000 in credit card debt?
A $25,000 debt settlement could require far less cash than you owe, but the actual total depends on a few factors.
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Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics, from the benefits of gold investing to the many uses of home equity loans.
Angelica previously held editorial roles at Bankrate, HousingWire and other financial publications, where she focused on insurance, credit cards and mortgage and housing content. She has also written for publications like The Motley Fool and Forbes Advisor. Prior to working in personal finance, Angelica held editorial roles at alt-weeklies that include the Houston Press and the Dallas Observer.
A $25,000 debt settlement could require far less cash than you owe, but the actual total depends on a few factors.
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