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English definition of “debt counsellor”

debt counsellor

noun [C] UK ( US debt counselor)
 
 
FINANCE
a person whose job is to give financial advice and help to people so they can pay or manage their debts more successfully: After a payment schedule is set up the debt counselor will talk to your creditors and ask them to reduce your interest rates.
→  Compare credit counsellor
(Definition of debt counsellor from the Cambridge Business English Dictionary © Cambridge University Press)
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