Credit card debt elimination services help individuals and small business owners eliminate their credit card debt. The growth of credit card debt has been faster than any other type of consumer debt in the United States. The average person’s credit card debt is more than twice as much as was five or ten years ago. There are a variety of reasons for the increase of personal debt, but easy credit continues to be a major cause. Easy credit for you is easy money for the credit card companies. This should give you an idea about how much the credit card companies are making off cardholders — a $1,000 charge on an average credit card will take almost 22 years to pay, and you will have paid an additional $2,300 in interest for a total cost of $3,400. Purchases made with a credit card will end up costing 112 percent more than if cash were used. With all of this in mind it is easy to understand why so many Americans are turning toward credit card debt elimination for help.
Credit card debt elimination is much different than debt consolidation. Debt consolidation through a consumer credit counseling company negotiates on the interest only and not the actual credit card balance. With debt consolidation your credit card debt is combined and you make one payment to the consumer credit counseling company and they make the payments to your creditors. To be in a debt consolidation program your accounts must be current and the consumer credit counseling company will show on your credit report as a third party.
When you enroll in our credit card debt elimination program we act on your behalf and negotiate directly with your creditors to substantially reduce the amount of your total current credit card balance. Our credit card debt elimination services team will negotiate and settle your debt with each creditor for a fraction of what you currently owe. Your accounts do not need to be current and Freedom Group, Inc. will not show on your credit report.
Let one of our professional debt consultants design a custom credit card debt elimination program for you by calling (866) 302-0422.
