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How To Benefit From Credit Card Debt Relief
How To Benefit From Credit Card Debt Relief
Credit card debt relief through credit car debt settlement involves negotiating with the credit card companies to reduce the total amount of debt that you owe.
Los Angeles,
CA,
United States of America
(prbd.net)
08/04/2010
Credit card debt relief through credit car debt settlement involves negotiating with the credit card companies to reduce the total amount of debt that you owe.
www.federaldebtreliefprogram.com
Debt settlement is a fairly aggressive approach to credit card debt relief, with some of the advantages being that most consumers are able to significantly lower the amount they owe and, instead of taking up to 20 years or more to pay off the balance, a more aggressive debt counseling program can have them debt free in 12 to 36 months.
A debt settlement client will immediately notice a substantial reduction in their monthly payments compared to what their minimum monthly (usually interest only) payment was with the credit card companies. Debt settlement is an excellent debt relief solution for consumers who are in serious credit card debt (usually greater than $10K) and are unable or only able to make the minimum monthly payment and/or have already fallen behind.
If you are only making minimum payments on $20,000 in credit card debt, at a 18.9% interest rate, it can take you over 50 years to pay it off and you could pay over $50,000 in interest.
Credit card debt relief can eliminate up to 50% of your credit card debt. To learn more and get started, please visit:
www.federaldebtreliefprogram.com