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Credit card debt continues to be a major problem amongst American consumers and small businesses. For nearly 2 decades, credit card companies have been issuing almost unlimited credit to the American public.
The Credit Card Debt Settlement Act 2010 was recently passed by the FTC. This new legislation bans debt settlement companies from collecting upfront fees and also provides stricter regulations on disclosure requirements.
Credit card debt is something that almost every American can relate to. The lending practices of this country have been irresponsibly relaxed over the past two decades and now many Americans are struggling to pay back what they’ve borrowed.
Consumers seeking debt relief that do not want to resort to bankruptcy are now breathing a sigh of relief.
Are you having trouble managing your huge consumer or commercial debts? Are you hounded by debt collectors who are threatening to sue you?
A free debt relief analysis is the first step towards lowering one's debt
Personal debt can be stressful indeed but can be overcome with a good debt relief program
How to best achieve debt relief is the subject of this report
When buried in personal debt, relief programs offer much help to get out
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