The American economy is in a recession now because of the poor education that American consumers have received from their creditors. We have been educated by credit card companies on how to charge ourselves into debt and this has resulted with the average family carrying over $10,000 in credit card debt. And this should not be, especially when there is free help available from companies who used to work in the private sector that are now helping consumers erase 50% of their credit card debt.
There is no reason why anyone should go through life having to worry about past due balances on their credit cards when little known consumer protection laws and tactics can help them erase half of their balance on their credit cards. However, most people are not aware of these facts, so they hire credit repair attorneys in order to get bad debt help. This does nothing but cost more money in attorney fees and may not prevent the situation.
95% of all bankruptcies are a direct result of American credit-card debt and this does not have to be, especially when there is free information given to the public that can show anyone how to cut their debt in half. The charge you make today could very well follow you into bankruptcy proceedings or even retirement if you're not careful. A simple $10,000 charge can double itself in interest if you miss payments and fall into the credit card system of late payments and even more obligations.
There's no reason to go through life depressed because of credit card debt when companies are offering free information and help to help erase 50% of the money you owe.
I have found this resource to help you reduce your debt by 50% They are a reputable and safe company to work with. 10K = free debt help.
SOURCE
http://EzineArticles.com/?expert=Scott_Chaflin
6/19/2009
Erase 50% of Your Credit Card Debt Without Leaving Your Home
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