Credit Card Debt Solutions - How Obama's Stimulus Money is Making Credit Card

Credit card debt solutions exist for any consumer who finds themselves in at least $10,000 in debt and thanks to Obama's stimulus money settlements are currently being negotiated for very generous amounts. With the help of a debt settlement company, consumers are eliminating 50% of their credit card debt on average and cases in the 70-80% range are not uncommon. The fact is that creditors are very concerned about collecting on their unsecured debt. Defaults are rising at alarming rates and most creditors are more than willing to settle your debt in order to recoup some of their losses. This article will explain how market conditions for debt settlements have never been so favorable and also where to find a legitimate debt settlement company in your area.

Obama's stimulus money was initially lent to large financial firms and many consumers on Main Street were outraged that they were not the ones being bailed out. Well, that argument has lost credibility as it is becoming very clear that the stimulus dollars have in fact reached Main Street and are helping people eliminate their unsecured debt. Creditors are using this stimulus money to make up for losses they are experiencing through debt settlements. Therefore, they have much more flexibility when negotiating a debt settlement.

If you are at least $10,000 in debt it would financially behoove you to talk with a debt settlement company. A legitimate company will be able to eliminate at least 50% of your unsecured debt. Think about that. At least half of your credit card debt can be eliminated. The average debt settlement used to be around the 30% mark just a year ago but the recession along with federal stimulus dollars have created a very advantageous market for credit card debt solutions.

If you are looking for credit card debt solutions and want to hire a debt settlement company for debt negotiation then I have an important piece of advice. Do Not go directly to a particular debt settlement company but rather first go to a debt relief network who is affiliated with several legitimate debt companies. In order to be in the debt relief network, the debt settlement companies must prove a track record of successfully negotiating and eliminating debt. They must also pass an ethical standards test. Going through a debt relief network will ensure that the debt company you are provided with is a legitimate and respected company. This is the most efficient way in finding the best debt settlement companies and increasing your chances of eliminating your debt.

FreeDebtSettlementAdvice.com is one of the largest and most respected debt relief networks on the marketplace today. To find a debt settlement company through FreeDebtSettlementAdvice.com check out the following link: