These debt relief companies could help you slash your debt, but there are a few things to know before signing up.

You must have at least $10,000 in debt to work with Pacific Debt Relief, while Freedom Debt Relief requires $7,500. The average time of completion with Pacific is 24-48 months.

This past week, the Consumer Financial Protection Bureau (CFPB) reached a settlement with Freedom Debt Relief in which the company, while not admitting guilt, agreed to pay a $5 million civil ...