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  2. Debt relief: Pros and cons - AOL

    www.aol.com/finance/debt-relief-pros-cons...

    Debt relief describes the process of reorganizing your debt to make the monthly payments more manageable. There are multiple relief options to choose from, including consolidation, settlement ...

  3. What is debt forgiveness? - AOL

    www.aol.com/finance/debt-forgiveness-202301471.html

    Debt settlement: This is when you negotiate to settle the debt for a lump sum to guarantee payment. However, this process may hurt your credit score, and there’s no guarantee that a creditor ...

  4. A comprehensive guide to debt relief programs - AOL

    www.aol.com/finance/debt-relief-guide-know...

    When to use: If you have high levels of unsecured debt (i.e., medical bills or credit cards), struggle to keep up with minimum payments and have tried other debt-relief options. Bankruptcy

  5. How to get debt relief - AOL

    www.aol.com/finance/where-debt-relief-help...

    Key takeaways. Debt relief is a method of restructuring debt to make it easier for you to pay it back. You can get debt relief from lenders, debt relief companies and credit counseling agencies.

  6. The psychological benefits of paying off debt

    www.aol.com/finance/psychological-perks-paying...

    For those struggling with debt, debt relief options can help make monthly payments more manageable and quicken the road to financial stability. This, in turn, can lead to a healthier state of mind ...

  7. Common forms include debt settlement, debt management, debt consolidation and bankruptcy. To decide which debt relief option is best, evaluate how each will impact your credit score and long-term ...

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