Article by Elaine Owen
Debt management refers to a plan which not only exempts you from your existing debts, it also prepares you in such a way that you can easily tackle future debts. While you are in debt, you owe money to a large number of lenders. It is a kind of debt consolidation plan where ways are found for a borrower to be able to repay the loan amount. These problems can be solved with the help of debt counsellors.
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