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2. + What are the 6 types of debt solutions?Debt settlementDebt consolidationDebt managementBankruptcySelf repayment planOstrich method 3. + Why do you need various types of debt solutions?Different types of debt solutions are custom-madefor different kinds of financial problems. Debt settlement When you cant pay off the fullamount Debt consolidation When you cant tackle multiplebills Debt management When you cant pay the highinterest rates Bankruptcy When youve no other option to solvefinancial problem Self repayment plan When you want to fix problemwithout any professional help Ostrich method When youre fed up & dont wantto repay bills 4. +What are the benefits of debt solutions?Savings on principal amountEasy monthly payment planSavings on interest rateRepaymentof bills in a legal wayLesschances of getting collection calls 5. +Do you have to pay fees for getting debt solutions?Debt settlement YesDebt consolidation YesDebt management YesBankruptcy YesSelf repayment plan NoOstrich method No 6. +Does debt solutions prevent you from getting new credit?It depends upon the type of debt solution youre using Debt consolidation Youll obtain a loan aftersometime Debt settlement Itll be slightly difficult to get newcredit Debt management Youll have to wait for sometimeto get credit Bankruptcy Youve to wait for 2-4 years to get credit Self repayment plan Itll be easy to obtain a newloan Ostrich method Most lenders will refuse to give youa loan 7. + How can you choose the best solution?Make a comparative analysis of debt solutionsMake a detailed study of your financial situationFindout which solution will be most effective for you 8. + What are the 3 tips you need to use while using debt solutions?Work with firms that follow the FTC rulesHavea rigid control on your expensesCreate an emergency fund 9. + 10. +