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Questions and Answers
What type of debt is commonly included in a debt settlement program?
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?
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?
What is one benefit of a debt settlement program?
- Lower interest rates
- Faster repayment
- Consolidation of debt
- Reduced stress and anxiety (correct)
