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3 smart debt relief moves to make this June (and 3 to avoid)

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Are you wondering what moves you should make (and avoid) with your debt this June? Find out here.

June is upon us and soon, summer will be in full swing. However, if you have debt that you're having a difficult time dealing with, you likely have other things on your mind. But, you're not alone. Debt is a normal challenge to face across the United States and there are multiple solutions to it - albeit, some more effective than others.

Consolidate at a lower rateAnother thing to consider that can produce savings in today's inflationary environment is debt consolidation. 'Consolidating debt streamlines your finances by bundling multiple obligations into a single, potentially lower-interest payment,' explains Michael Broughton founder and CEO of the credit building app, ALTRO. 'This approach can enhance your cash flow management and could accelerate your debt repayment journey.

Source: Loan Digest (loandigest.net)

 

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