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Alternatives to debt relief – AOL

Bankrate

Rebecca Betterton
February 3, 2024 at 6:58 AM

Key takeaways

  • Working with a debt relief company can carry risks and may not be the best solution for everyone struggling with debt.

  • Alternatives to debt relief, such as budgeting, negotiating with creditors and debt consolidation, could help individuals avoid further damaging their credit.

  • Seeking help from a financial advisor or credit counselor can also provide valuable support and guidance in managing debt.

When youre overwhelmed by debt, you may feel desperate to find a solution to get immediate relief and hire a third-party for help. However, working with a debt relief company can carry risks of its own. Before taking that step, consider alternatives to get …

Read the full article at: https://www.aol.com/finance/alternatives-debt-relief-195800194.html

Category: Debt HelpBy Insolvency Advisory AccountantsFebruary 2, 2024

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