Credit Card Debt Resources

The number of Americans with increasing credit card debt is increasing and at a rapid pace. Despite the recent comments by Transunion that credit card balances are declining.
In our opinion it’s not because people are paying their credit cards off, it’s because more of them are charging off. It’s highly unlikely that with unemployment numbers near all time highs, that credit card debt is on the decline.

While there are a few silver linings beginning to appear stating that Jp Morgan Chase has reported their lowest levels in bad debt this year. We still have a long way to go.
I for one, believe the unemployment statistics tell a more realistic story of our financial situation.

So…

In the next few days we will be reviewing some of the industry’s leading credit card debt settlement companies who, under the right circumstances, can help substantially reduce your credit card debt.
We’ll also be writing some articles and adding resources to non-profit credit counseling agencies, explaining the difference between debt consolidation loans and debt settlement programs.