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Hearing from a debt collector can be a daunting experience for many individuals. Are these calls or letters legitimate?
If you're ready to start chipping away at your debt, the question quickly becomes, "Which debt should I tackle first?" Let's navigate through the primary strategies and factors to consider when prioritizing your debts.
Bankruptcy, while often viewed as a last-resort financial move, can be a lifesaver for many drowning in insurmountable debt. But it comes with its drawbacks, especially concerning your credit score.
Making the minimum payment on your credit cards might seem like a relief, especially if money is tight. It prevents late fees, avoids dings on your credit report, and keeps the debt collectors at bay. But there's a darker side to this practice that many c