USDA Launches Online Debt Consolidation Tool to Increase Farmer and Rancher Financial Viability

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08/29/2024 12:00 PM EDT

WASHINGTON, Aug. 29, 2024 – The U.S. Department of Agriculture (USDA) is announcing the launch of the Debt Consolidation Tool, an innovative online tool available through farmers.gov that allows agricultural producers to enter their farm operating debt and evaluate the potential savings that might be provided by obtaining a debt consolidation loan with USDA’s Farm Service Agency (FSA) or a local lender.