Consumer finance expert, Erica Sandberg, host of the weekly video podcast Making It in San Francisco that airs on KRON-4, spoke with Investopedia recently to share her take on the topic of debt relief in a post-pandemic world.
Sandberg’s background as a budget and debt counselor at the Consumer Credit Counseling Service of San Francisco has prepared her for this wide-ranging discussion on debt, which includes tips and strategies for anyone who finds themselves in or near a debt trap. Our edited conversation follows.
Defining Debt Relief
Investopedia: What is debt relief and when does debt relief become an option for someone with debt they can’t manage?
Sandberg: In general, debt relief refers to a reduction or cancellation of a co…
Read the full article at: https://www.investopedia.com/what-you-should-know-about-debt-relief-5193868