subject: Are You Deep In Credit Card Debt? [print this page] Do you happen to have a ton of debt? Welcome to the club. Most Americans today in America have some form of credit card debt, rather in some form or another.
That is why the newest president, Obama, has started the Credit Reform Program to get America back on track. The goal is to get America out of debt and it starts with everyone, just like you suffering from debt. Keep reading for more info about the program.
Debt settlement companies offer these things because they work with credit card companies and debtors to lower your interest rates, or even eliminate them. If they get at least some of the money you owe them now, that's better than never getting any of what you currently owe them, right? They think so, and that's why they work with debt settlement companies.
So, you can see how this is a good thing! The only catch is that your debt must be unsecured in order for the government to help you out. Currently there are no programs that help to settle secured debt. If it isn't, then this might not be the best option for you to use as a solution. If it is, however, then you're in luck! You could possibly be out of debt this year! Get your unsecured debt settled and out of your life for good.
So, you can probably see that this is simple one type of debt settlement solution. There are tons more that can help you settle your debt. Debt settlement companies are ready and willing to offer you help with your credit card debt problems - get out there and find them! You can find many companies that will help you for free too! Many of these companies also offer counseling to help you develop a budget.