Debt relief can restore fiscal space for development but also creates moral-hazard risks. Targeted, conditional relief with greater transparency and partial burden-sharing protects incentives and improves outcomes.
A faith-based counselor helped a couple negotiate lower balances, reduce interest and fees, and consolidate payments. Today similar outcomes are available through nonprofit debt management plans, debt settlement, or consolidation loans - each with trade-offs. Vet providers and ask how services affect your credit.