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Archive for August 4, 2014

04
Aug

Debt Relief Companies Offer Flexible Solutions To Those Seeking Financial Freedom

Written by admin. Posted in Debt management plans, Debt settlement new york, New york credit card debt

Debt counselling

Irresponsible lending practices by large banks and creditors, in conjunction with a tough economic climate increasing layoffs and lack of high-paying jobs have caused many Americans to find themselves falling deeper and deeper into debt. Based on a recent study, American consumers are estimated $11.13 trillion in debt, of which nearly $849.8 billion is credit card debt. The numbers continue to rise steadily. In fact, American debt continues to rise by $75 million each hour alone, based on a recent CBS news report. As a result, many Americans are now turning to debt relief companies and debt relief services, in order to better manage their debt and attain financial freedom.

Unfortunately, many people wrongfully assume that filing for bankruptcy is their only means of getting out of debt. Filing for bankruptcy