Debt Settlement Program Quiz
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Questions and Answers

What type of debt is commonly included in a debt settlement program?

  • Mortgage loans
  • Credit card debt (correct)
  • Student loans
  • Car loans

    • What is the main purpose of a debt settlement program?

  • To help people pay off their debt
  • To provide relief from financial pressure
  • To negotiate with creditors
  • To reduce the amount owed (correct)

    • What is one benefit of a debt settlement program?

  • Lower interest rates
  • Faster repayment
  • Consolidation of debt
  • Reduced stress and anxiety (correct)

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