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June 29, 2024 4 mins

In this episode of the Money Matters Podcast, hosts Richard Hill and Nia Parks address the frustration of dealing with high interest rates that make it seem impossible to pay down debt. If you’re tired of seeing your hard-earned money go towards interest rather than reducing your principal balance, this episode is for you.

Richard and Nia discuss why high interest rates have such a significant impact on debt repayment and what steps you can take to break the cycle. They explore the benefits of seeking expert credit counseling, where professionals can negotiate with creditors to lower your interest rates and create a manageable debt repayment plan.

Learn practical steps to assess your current financial situation, prioritize debts, and choose a reputable credit counseling service. Discover how American Consumer Credit Counseling can help you reduce interest rates, consolidate your payments, and regain control of your finances. Visit ConsumerCredit.com for more information.

Join us for an empowering discussion on stopping the cycle of high interest rates and starting to save more. Your hard-earned money should work for you, not against you.

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