When it comes to debt relief solutions there are no shortage of claims as it relates to effectiveness and grand advantages. But the sad reality is that most of the vaunted solutions don't deliver any real long term advantages. There are however a few gems in the pile and in this article, I am going to reveal three of the key advantages of debt settlement. After reading, you'll be 100% more confident about using settlement as a debt relief solution - guaranteed! Advantage #1: Mild Effect On Credit Rating One of the things that most other debt relief solutions do is leave a bad mark on your credit record. Not so with debt settlement. In fact, the impact is almost minimal. Bankruptcy for instance, can stay on your record for up to 10 years and it's effects can be so far reaching, that getting a job after bankruptcy can be a monumental challenge. Advantage #2: Immediate Cash Injection When you manage to get a debt settlement arrangement in place, the positive effects on cash flow are almost immediate. This is simple to understand when you consider that one can have as much as 70% of a debt completely wiped off. Advantage #3: Debt Is Actually Reduced Unlike many other debt relief solutions, debt settlement actually reduces your debts. Once the percentage amount is put in place, you no longer have to worry about paying off that amount at no time in the future. It's a complete write-off and the only amount you have to worry about (which isn't much really) is the balance that hasn't been forgiven. The main aim of any debt relief solution should always be to reduce debt and free up cash. As you can see from the key advantages of debt settlement outlined above, both these things are achieved. This I hope, demonstrates in concrete terms the supreme advantage of using debt settlement to sort out any debt problems you may have both now or in the future.