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Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full. In the U.K. you can appoint an Arbiter or legal entity to negotiate with ... Read Article

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Credit card debt is an example of unsecured consumer debt, accessed through credit cards. Debt results when a client of a credit card company purchases an item or service through the card system. Debt accumulates and increases via interest and penalties when the consumer does not pay ... View Video

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How To Fix The Worst Financial Mistakes You Made This Year
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