Credit Card Debt Solutions – How Obama’s Stimulus Money is Making Credit Card

Credit
card debt solutions exist for any consumer who finds themselves in at
least $10,000 in debt and thanks to Obama’s stimulus money settlements
are currently being negotiated for very generous amounts. With the help
of a debt settlement company, consumers are eliminating 50% of their
credit card debt on average and cases in the 70-80% range are not
uncommon. The fact is that creditors are very concerned about
collecting on their unsecured debt. Defaults are rising at alarming
rates and most creditors are more than willing to settle your debt in
order to recoup some of their losses. This article will explain how
market conditions for debt settlements have never been so favorable and
also where to find a legitimate debt settlement company in your area.

Obama’s
stimulus money was initially lent to large financial firms and many
consumers on Main Street were outraged that they were not the ones
being bailed out. Well, that argument has lost credibility as it is
becoming very clear that the stimulus dollars have in fact reached Main
Street and are helping people eliminate their unsecured debt. Creditors
are using this stimulus money to make up for losses they are
experiencing through debt settlements. Therefore, they have much more
flexibility when negotiating a debt settlement.

If
you are at least $10,000 in debt it would financially behoove you to
talk with a debt settlement company. A legitimate company will be able
to eliminate at least 50% of your unsecured debt. Think about that. At
least half of your credit card debt can be eliminated. The average debt
settlement used to be around the 30% mark just a year ago but the
recession along with federal stimulus dollars have created a very
advantageous market for credit card debt solutions.

If
you are looking for credit card debt solutions and want to hire a debt
settlement company for debt negotiation then I have an important piece
of advice. Do Not go directly to a particular debt settlement company
but rather first go to a debt relief network who is affiliated with
several legitimate debt companies. In order to be in the debt relief
networkFree Articles, the debt settlement companies must prove a track record of
successfully negotiating and eliminating debt. They must also pass an
ethical standards test. Going through a debt relief network will ensure
that the debt company you are provided with is a legitimate and
respected company. This is the most efficient way in finding the best
debt settlement companies and increasing your chances of eliminating
your debt.

FreeDebtSettlementAdvice.com
is one of the largest and most respected debt relief networks on the
marketplace today. To find a debt settlement company through
FreeDebtSettlementAdvice.com check out the following link:

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