Are You Struggling With Debt? Here Are 3 Ways To Get Relief
Unfortunately, a growing number of Americans find themselves struggling to cover their financial obligations. Whether you are trying to pay off unexpected medical bills, ballooning student loans, or credit card balances that for out of hand, the sheer insurmountability of it can become overwhelming. If that sounds familiar, there is hope. Here are three ways to start getting out from under that mountain of debt.
1. Consolidate Balances
Debt consolidation can be a viable solution to your growing bills. It offers a way to lower interest rates and streamline payments if you are able to afford it. This process usually requires you to put all of your current balances into a single, larger loan with a lower interest rate.
If taking out a new loan isn’t a possibility, you can also try calling individual creditors and negotiating a lower rate. Many companies are willing to do this because they know …
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