Credit card debt consolidation and debt relief continue to be much-needed and sough-after today as Americans struggle with high unemployment, extended unemployment, and credit card balances that once again are on the rise. Fortunately, these types of debt relief and debt management programs are easier than ever to apply for and qualify for.
How to get started with these programs will be discussed in a moment, but first a look at the economic data.
The March unemployment figure of 8.8% is something that must be taken with a grain (silo) of salt. Why? This figure underestimates the true unemployment rate due the way in which it is calculated -- intentionally ignoring Americans who have stopped looking for a job because there are no jobs for them, and those who are working part-time because they cannot find full-time jobs.
During these difficult times, consumers using their credit cards to pay for everyday needs and expenses has become commonplace, resulting in credit card debt that for many has spiraled out of control. Yet debt relief programs are available.
Debt consolidation loans are loans which are used to pay off other loans and other debt such as credit card debt. Consolidation can also be a matter of transferring credit card balances to a card with a lower interest rate. Yet debt consolidation through loans is not for everyone and its pluses and minuses must be considered and understood.
Credit card debt settlement is a modern debt relief program in which the debt relief provider negotiates on behalf of the consumer in debt with their creditors in order to settle their accounts for significantly less than what was originally owed. The savings incurred can be dramatic. This debt relief program also has pluses and minuses which must be understood. It's important to ask questions and get everything in writing before one proceeds with such a program.
The good news is that credit card debt relief is possible today and has helped millions of Americans over the years to break free from debt and get on with their lives. ( finance.yahoo.com )
How to get started with these programs will be discussed in a moment, but first a look at the economic data.
The March unemployment figure of 8.8% is something that must be taken with a grain (silo) of salt. Why? This figure underestimates the true unemployment rate due the way in which it is calculated -- intentionally ignoring Americans who have stopped looking for a job because there are no jobs for them, and those who are working part-time because they cannot find full-time jobs.
During these difficult times, consumers using their credit cards to pay for everyday needs and expenses has become commonplace, resulting in credit card debt that for many has spiraled out of control. Yet debt relief programs are available.
Debt consolidation loans are loans which are used to pay off other loans and other debt such as credit card debt. Consolidation can also be a matter of transferring credit card balances to a card with a lower interest rate. Yet debt consolidation through loans is not for everyone and its pluses and minuses must be considered and understood.
Credit card debt settlement is a modern debt relief program in which the debt relief provider negotiates on behalf of the consumer in debt with their creditors in order to settle their accounts for significantly less than what was originally owed. The savings incurred can be dramatic. This debt relief program also has pluses and minuses which must be understood. It's important to ask questions and get everything in writing before one proceeds with such a program.
The good news is that credit card debt relief is possible today and has helped millions of Americans over the years to break free from debt and get on with their lives. ( finance.yahoo.com )
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