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Coping with Debt | Consumer Information

Coping with Debt | Consumer Information | credit terms | Scoop.it

If you or someone you know is in financial hot water, consider these options: self-help using realistic budgeting and other techniques; debt relief services, like credit counseling or debt settlement from a reputable organization; debt consolidation; or bankruptcy. How do you know which will work best for you? It depends on your level of debt, your level of discipline, and your prospects for the future.

marka baker's insight:

If you or someone you know is in financial hot water, consider these options: self-help using realistic budgeting and other techniques; debt relief services, like credit counseling or debt settlement from a reputable organization; debt consolidation; or bankruptcy. How do you know which will work best for you? It depends on your level of debt, your level of discipline, and your prospects for the future.

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Debt management: where to get help - MoneySavingExpert

Debt management: where to get help - MoneySavingExpert | credit terms | Scoop.it
How to deal with problem debts: this is a step-by-step guide from Money Saving Expert to help you do just that.
marka baker's insight:

No debt problems are unsolvable. It might not be easy or quick, but there's always a route. And the earlier you deal with ‘em, the easier they are to deal with Debt isn't just a finance issue. It feeds into all elements of your life. So solutions are wide and varied; from cutting interest costs, budgeting, or simply getting free one-on-one debt help.

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