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Now you can totally eliminate your debts without declaring bankruptcy! It’s easy if you have the right information and that’s why we are here.
Some basic facts you should know:
Fact #1: Over 40 million Americans live under the daily stress of being heavily in debt. A recent survey revealed that over half of all Americans have at least one credit card that they do not pay off in full each month—essentially using the credit card for a short term loan.
Fact #2: The average American household has more than $8,000 in credit card debt. That debt at a rate of 18% interest will take more than 25 years to repay and cost more than $24,000.
Fact #3: The average interest rate charged by credit card companies is 14.7%
Fact #4: A Federal Reserve study showed that 43% of U.S. families spent more than they earned. On average, Americans in debt spend $1.22 for each dollar they earn.
Fact #5: Over 1.5 million people, on average, seek credit counseling yearly looking for guidance for their financial situation.
By diligently scouring the Internet we uncovered thousands of useful sites, found an unbelievable number of fantastic tips and discovered hundreds of resources dealing with debt and debt relief.
Even if you are facing bankruptcy there is hope! Use our site to find the best debt advisors, discover simple steps to keep creditors off your back, learn the truth about debt consolidation loans, and so much more. If your search for reliable, accurate and current information about debt has so far been unsuccessful, please take a few minutes to browse our site and find all the information you so desperately need.
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