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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...

    Bankruptcy. Bankruptcy is a legal process that provides relief from overwhelming debt by liquidating assets or creating a repayment plan. Chapter 7 bankruptcy is ideal for unsecured loans (such as ...

  4. A comprehensive guide to debt relief programs - AOL

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

    How debt relief works. How it works varies depending on the type of debt relief you choose but usually involves negotiating with a creditor to lower your interest rate, decrease your monthly ...

  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. What are debt relief companies and how do they work? - AOL

    www.aol.com/finance/debt-relief-companies-look-3...

    Key takeaways. Debt relief can take three forms: debt settlement, consolidation and management. Working with a debt management company can result in less debt or a faster payoff — but there are ...

  7. 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 ...

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