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Home > Section 5 > Credit Management > Tips for Working with Outstanding Debt

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Tips for Working with Outstanding Debt

• Know how much you owe and what you are able to pay each month.
• Prioritize your debts and pay what is most important or has the highest interest rate.
• Don't ignore creditors or unpaid bills.
• Work with creditors to reduce your monthly payments to a more manageable level.
• Consolidate all your debts into one loan.

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