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Global Debt Relief Service Market Growth (Status and Outlook) 2024-2030
Product Code:1194954
Published Date: Jun 07,2024
Pages: 89
Region: Global
Category: Service & Software
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Unlike debt consolidation, which merges multiple balances into one loan (ideally with a lower interest rate), debt relief companies, sometimes referred to as debt settlement companies, help clients pay off their debt by negotiating a reduced balance. During the negotiation, clients stop making payments and save for debt payoff in a savings account. When an agreement with creditors has been reached, the debt is settled with the funds from that account.
The global Debt Relief Service market size is projected to grow from US$ 465 million in 2024 to US$ 879 million in 2030; it is expected to grow at a CAGR of 11.2% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Debt Relief Service Industry Forecast” looks at past sales and reviews total world Debt Relief Service sales in 2022, providing a comprehensive analysis by region and market sector of projected Debt Relief Service sales for 2023 through 2029. With Debt Relief Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Debt Relief Service industry.
This Insight Report provides a comprehensive analysis of the global Debt Relief Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Debt Relief Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Debt Relief Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Debt Relief Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Debt Relief Service.
United States market for Debt Relief Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Debt Relief Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Debt Relief Service is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Debt Relief Service players cover Accredited Debt Relief, Americor, New Era Debt Solutions, National Debt Relief, Freedom Debt Relief, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Debt Relief Service market by product type, application, key players and key regions and countries.
Segmentation by Type:
Fixed Costs
Ratio Costs
Segmentation by Application:
Enterprise
Individual
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Fixed Costs
Ratio Costs
Segmentation by Application:
Enterprise
Individual
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Accredited Debt Relief
Americor
New Era Debt Solutions
National Debt Relief
Freedom Debt Relief
Pacific Debt Relief
CuraDebt
Money Management International
Apprisen