![]() A debt settlement company offers to settle your debt for an amount.Canceling with your debt settlement company does not ensure closure of your Global account. Debt settlement is a debt relief program for consumers who want to lower the payoff amount of their existing debt. The company has a standard minimum debt requirement of $7,500. Guardian also charges an average monthly fee of $200, which will likely be put into your settlement account to go towards your final payments.
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