How long does it take to get out of debt with debt help?

The time it takes to get out of debt with debt help can vary depending on individual circumstances. Factors such as the amount of debt, income, expenses, and the chosen debt relief strategy play a significant role. Debt management programs generally last around three to five years, during which a credit counseling agency negotiates with creditors to lower interest rates and develop a repayment plan. Debt consolidation loans may take two to five years to repay, as they combine various debts into a single monthly payment. Debt settlement programs typically take two to four years, negotiating reduced balances with creditors, but this option can impact credit scores. It is essential to consult with a reputable debt help service to determine the best strategy and estimate the time frame based on your specific situation.