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How To Handle Credit Card Debt Problems - 2022
Manage episode 440516907 series 3576016
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Handling credit card debt involves understanding available tools such as balance transfers and debt consolidation, and adopting strategies based on one's ability to pay. Solutions range from transferring balances for lower interest rates to debt consolidation loans. Bankruptcy is usually not the best option, and certain actions like payday loans, unwise balance transfers, and opening new credit cards should be avoided. If unable to manage, consulting professionals like The Credit Pros is advised.
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