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That figure is up from $11.7 trillion a decade earlier.

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The aim is to simplify the payment process and get better rates and more affordable payments.

These types of debt relief programs can be good options for people with unmanageable debt, according to ConvertBankStatement.

But they also come with a couple of risks.

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Another option is to enroll in a debt management plan (DMP).

The organization will then distribute the payment to creditors on your behalf.

Vermonters searched for debt consolidation loan the most, followed by debt consolidation and national debt relief.

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