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Listen "How To Negotiate Debt With Creditors To Maintain Your Credit Score - The Credit Pros"
Episode Synopsis
Debt negotiation can lead to reduced debts while affecting credit scores, but with preparation and smart strategies, one can minimize the impact. It involves transparent negotiation with creditors, realistic proposals, and may require professional help. Post-negotiation, consistent on-time payments and credit monitoring are vital for credit score recovery. Seeking additional resources and maintaining good financial habits can lead to financial stability and an improved credit outlook.
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