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Debt Services


Debt Service refers to the total or complete amount, including both partial repayments of principal and interest payments, that has to be paid on a debt. For this matter, there are many different kinds of debts; for instance, credit card or auto debts, installment loans, home equity loans and mortgage among others. Evidently, these payments are made by the borrower to the lender. There is the possibility of making those payments monthly, quarterly, semiannual or annual.

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American Consumer Credit Counseling
American Association of Debt Management Organizations
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