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  2. A DMP is a three-to-five-year plan designed to help you exit debt sooner. You will make a monthly payment to the agency, which will pay your creditors. The agency may be able to negotiate lower ...

  3. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Debt consolidation is one of the best options for credit card debt relief, and not just because of the lower interest rates. It can help you pay off your debt faster and may even help your credit ...

  4. A comprehensive guide to debt relief programs - AOL

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

    Debt forgiveness is typically used for non-credit-card debt, like student loans, mortgages, medical debt or even taxes. Pros of debt forgiveness programs All or part of your loan could be wiped out.

  5. Technical debt - Wikipedia

    en.wikipedia.org/wiki/Technical_debt

    Technical debt. In software development and other information technology fields, technical debt (also known as design debt[ 1] or code debt) is the implied cost of future reworking because a solution prioritizes expedience over long-term design. [ 2]

  6. Debt relief: Pros and cons - AOL

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

    Cons of debt consolidation. The 0 percent APR periods on balance transfer cards don’t last forever and will often come with high variable interest rates. Consolidation doesn’t eliminate or ...

  7. Debt settlement - Wikipedia

    en.wikipedia.org/wiki/Debt_settlement

    Debt settlement is the process of negotiating with creditors to reduce overall debts in exchange for a lump sum payment. A successful settlement occurs when the creditor agrees to forgive a percentage of the total account balance. Normally, only unsecured debts, not secured by real assets like homes or autos, can be settled.

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