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subject: Can The US Government Pay Off My Credit Card Debts With Federal Grants Aimed At Debt? [print this page]


Author: Lindsy Emery
Author: Lindsy Emery

Most of us who are law abiding citizens in America realize the economy of most of the world is in a slump and has been for a while now. We use credit cards to buy things we cannot afford to pay cash for and suffer for it later when the balance owed go up and so does the interest we pay for that convenience. Now there seems to be a trend to pay off our bills, both credit cards and mortgages, by taking advantage of some Federal Grants aimed at Debt Relief for Citizens. How can the government afford to pay off the many millions of dollars owed by its citizens to credit card issuers? How can it afford to pay off mortgages for the good people who simply cannot afford to keep up with their monthly mortgage payments? One thing about the U.S. government, it is resourceful. The majority of grant money appears to stem from private citizens who fall into the higher tax brackets. These folks prove they have a generous nature by providing millions of dollars in the form of grant money. This, in turn enables them to reap the rewards of hefty tax deductions when April 15 rolls around. There is nothing illegal about this, and those who give generously are to be commended. The public as a whole has not been in a spending mood these past few years, mainly because so many are too busy standing in the unemployment lines, have found their hours or their rate of pay cut back, or else they're worrying they may lose their job. It's hard to think about having a nice big Christmas when we owe too much already. The answer may lie in the Federal grant money aimed at debt relief for citizens program, so look into it for some valuable advice and assistance.About the Author:

***Update***

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