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English definition of “debt counselling”

debt counselling

noun [U] UK (US debt counseling)
 
 
FINANCE
the activity of giving people financial help and advice about managing debt, for example, helping them plan better ways to pay back money that they owe: Free help is available from debt counselling services.
→ Compare credit counselling
(Definition of debt counselling from the Cambridge Business English Dictionary © Cambridge University Press)
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