Article by The Federal Trade Commission  

If you are feeling overwhelmed by debt you’re not alone.

Getting a handle on debt starts with understanding your options. Simple steps like creating a budget and reviewing your bills can give you a clearer picture of your finances. If a debt has gone to collections, it’s important to know how to confirm it’s legitimate and protect your personal information.

There are also ways to manage or reduce debt, including understanding time-barred debt, debt settlement programs, and debt consolidation loans. Knowing your options can help you make informed decisions and take control of your financial future.

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