You Don't Have To Endure The Physical And Mental Anguish Of Bad Debt Any Longer
Credit cards and bill-repayment schedules exist to get more from you than the initial amount of debt you originally incurred. Without these penalties and interest rate tricks, they wouldn't be in business. So, how do you go about shaking the shackles of debt and reclaiming your life, freeing yourself and your family from the wrath of the phone ringing, and dread involved in picking up the mail to find ever-thickening bill statements? You get the information and assistance necessary and freely available to you and you stick to a disciplined plan of debt-escape, that's how!
Without a doubt, you encountered hundreds of advertisements for "non-profit" debt counseling and consolidation. These "non-profits" seem so genuine about helping you free yourself from debt for good. You should be extremely leery of these offers though. Over the past 2 years, Ameridebt of Missouri, was being fined millions for their deceptive practice of piling on "service fees" to the same people with debt that came to them destitute and with nowhere else to turn to in the first place. Quite the same as a lawyer chasing an ambulance and coincidentally turning up at your bedside with a get-well card and a contract to sign. Caveat.
On the other hand, there are countless debt-counseling and consolidation companies that offer free assistance. In many cases, they do not require any more personal information than the total amount of debt you owe, your zip code(in order to review any unique debt-relief programs available in your vicinity), and/or an email address to correspond with you. Others may ask for a home phone number in order to speak with you directly(though this is rarely necessary in this day and age). After steering clear of the phone for fear of encountering more creditor threats, this is a phone call that you'll probably love to receive!
You are not a bad person, because you have debt. Compared to some companies and corporations that readily pass off debt worth billions under the cover of corporate protective laws, we're talking small potatoes in the case of the average person in debt.
It sure can seem insurmountable at times though, huh?
When all is said and done, you simply want to get the debt-monkey off of your back for good, right? You want to go back to that feeling of freedom, yes FREEDOM, that you felt before that first statement arrived that you couldn't afford the minimum on. It's high time to take back your life, your privacy, and your happiness. It's time to take action for you, not them.
Here's my favorite link:
Finally, Free Debt Counseling, Without Divulging Any Personal Information
The Mental Edge Of Debt Accumulation
Way too often, people reach for the "plastic" to purchase everything they want. Why shouldn't they? All it takes is one quick swipe of your credit card and whatever you want is instantly yours. You head home happy, contented with your new purchase, riding the emotional "high from the buy". Unfortunately, not enough people are thinking about the financial ramifications of their errant credit card use. They soon realize the cost of their impulse buy as soon as the bills arrive and they can't make their monthly minimum. At that point, it is too late and the penalty fees and increased interest rate kick in.Studies prove that credit card debt and bankruptcies have increased the profits of banks over the last five years. This goes to show you that more and more credit card users are abusing their credit cards on unnecessary purchases and are readily unable to manage their credit card debt. If you are a credit card holder and undergoing any early difficulties paying your credit card debt, now is the time to take a step back from all that spending and really consider the possible outcomes of even the most minuscule credit foul-up and how it will effect your financial future.
Credit cards give buyers the feeling of financial invincibility when they shop. There's nothing like the feeling associated with actually acquiring something that you couldn't usually afford. Likewise, these same individuals also experience a strong sense of uncertainty about their financial standing and health when the encounter financial hardships as a result of careless credit card use.
Recommended Reading For Anyone Struggling To Eliminate Their Debt...
The Total Money Makeover: A Proven Plan for Financial Fitness
Amazon Price: $16.49 (as of 12/04/2008)
List Price: $24.99
Used Price: $11.91
Release Date: 02/06/2007
Avg. Customer Rating: 
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Are You Ready For Debt Consolidation?
If you are in deep debt, your first priority should be to enlist the assistance of a consolidation service to acquire the best possible debt settlement. By utilizing a consolidation service, you will be able to pay off the entirety of your debt with one lump sum, thereby salvaging your credit rating in the process.This may all seem pretty cut and dry, but it's a little more complicated than it sounds.
First and foremost, you need to ask your creditor to reduce or completely eliminate any interest carried or brought forward. You must take the initiative to do this yourself - the earlier, the better. Calling up your creditors may seem like a bitter pill to swallow, but consider the alternative and it won't seem as hard.
In many instances, those with debt don't ask their creditors for help and end up in this dilemma: an increased interest rate that you can't pay and eventually will have to pay a penalty for.
Any setback like this, no matter how minute will only compound the burden of these initial efforts to rid yourself of debt. .
At this juncture, it is time to take the initiative and take it upon yourself to get rid of these burdensome interest rates and penalties. Your creditors will hear, loud and clear, that you are serious about paying back the their principal and they'll reciprocate accordingly. Once this is done, we can move on to the actual consolidation.
The most important facet of consolidation is that you will be able to fix your credit history and rating by paying off all creditors simultaneously. Once the amount you receive is distributed among your creditors, You'll slowly begin to recover as each creditor terminates your debt, once the initial amount you've received is allocated amongst your creditors. Your creditors will be very grateful to have retrieve a principal that would have likely become another write-off.
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