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Debt Management - ADM Loans |
Debt Management is the process of making arrangements with your creditors to reduce your monthly payments, freeze interest, or otherwise handle a debt situation that has become unmanageable.
It is something you can do yourself, but many people choose to sign up for a debt management program which takes a lot of hassle out of an already stressful situation.
Debt management is a form of Debt Counselling, which includes other strategies for dealing with debt.