With consumer debt at an all-time high, many Americans are turning to debt settlement companies for help. Debt settlement, also known as debt arbitration or debt negotiation, is the process of negotiating with creditors to settle debts for less than what is owed. This can be an attractive option for consumers who are unable to keep up with minimum payments on credit cards, medical bills, and other unsecured debts.

When searching for a trustworthy debt settlement company, reputation and results are key. The debt settlement process itself involves fees, negotiations, and credit score impacts, so consumers should research companies thoroughly before signing up. To help, here is a list of the top 10 debt settlement companies of 2024 based on reputation, transparency, fees, and more.