subject: Credit Card Counseling For Getting Out Of Debt Quickly [print this page] In today's society, many people have used credit cards for purchases that should have been made with cash. In years past, the credit card industry made it very easy for individuals to get credit and if your credit score was high enough you didn't even have to apply for the account. Since that time, many things have changed. Now credit card companies are closing accounts, lowering credit limits and raising interest rates when the account holder has done nothing wrong.
If you have credit card debt, the best thing you can do is eliminate it and start living on cash. Getting rid of your debt will take a detailed plan for paying off your credit cards or will take enrolling in a debt management plan where the debt management company will develop a plan for you that will allow you to pay your debts off and become debt free.
If you are going to pay your credit cards of on your own, one of the most effect plans is the Debt Diet. It can be found at Oprah.com. This is a plan that was developed by 3 of the country's top financial help experts. The plan is simple and concise. If you have the disciple to follow this plan, you will be much better for it. You will have some tools that help when it comes time to build wealth.
If you are having a hard time following the program or feel that you are too overwhelmed a consumer credit counseling organization can help you bring things into perspective. They will consolidate your unsecured debt without a loan. This will allow you to make only one payment each month to cover the several payments you were making in the past.
This program can get you out of debt in 3 to 5 years. The reason this is possible is because your interest rates are reduced to around 10% and your fees are eliminated. You will not be allowed to charge on accounts that are enrolled in the program. You may not like this, but in the end you will be thankful. If you follow this program the way it is designed, you will emerge with your credit intact and you will be credit worthy.
If you would like to check into credit counseling and find out if it can help you, it is very simple. You fill out the simple form and the nonprofit credit counseling organization will contact you. They will provide you with a quote and answer any questions that you have. Fill out the form and get started today!
