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In this video, Ben, a former CEO of a debt settlement company, shares tips on how to settle debt effectively. He discusses the importance of doing it correctly to avoid losing money. The video aims to provide viewers with a toolkit to help them settle debt on their own. Topics covered include settling debt on your own versus hiring a company, structured settlements versus lump sum settlements, and potential pitfalls to watch out for. The goal is to help viewers get out of debt cheaper, easier, and faster. Welcome to Ascend Finance's YouTube channel, where complex topics like debt settlement are explained in simple terms.