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"Debt Relief" - Steps to get out of debt
Steps to get out of debt Permanent debt relief Normally, the highest interest rate, is credit cards. It may sound simple, but it is just to call the credit card company and ask them to reduce interest rates. This sounds a little too easy, but quite often, it works actually. Credit card companies charge customers much higher interest rate for the money they lend than what they pay to borrow from others. This leads to large profit margins, which means that they really want to keep you as a customer, especially if you regularly pay the bill in time. They know you have many options available, and that you will probably switch to another credit card company if you feel you can get a better deal. They are reduced to little profits to keep you as a customer by lowering interest rates.
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