http://www.thedebtconsolidationstore.com/debt-relief/n45.html Debt relief of America: Read this page to learn how to get debt relief of America. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Being in debt isn't the American Dream, but it seems to be the American way! Just the Facts Here are some facts about credit card debt, and why there's a need for debt relief of America: The average amount of American household credit card debt in 2004 was $9,312 It would take 13 years to pay of $9,312 at 14% interest if you only pay the required monthly minimum (4% of your balance). This means you'll be paying $3,778.81 on this balance in interest, so you pay back $13,090.81. The total balance of all U.S. credit cards stands at $665 Billion A study done by the American Bankers Association showed that 4.81% of all accounts were past due by 30 days or more. We could go on, but why? Isn't this proof enough that we need debt relief of America? And yes, we know that debt relief of America is an awkward and grammatically questionable term, but people type it in search engines, so we have to use it. Speaking of incorrect grammar, we hope that all the money you spent in college meant that at some point you learned to speak and write in a more educated manner than that. Especially since college is so expensive these days. It's so expensive, in fact, that many people have to take out student loans. And student loan payments can create a financial strain, especially if you're just starting out on your own. But there's even a program for that, and it's called student loan debt consolidation. If you have $10,000 or more in student loan debt, you can get all your outstanding student loans combined at a much lower interest rate than what you're currently paying. In addition, the payments are spread out over a number of years, so the amount of your monthly payment is cut in half. That will help you avoid needing debt relief of America. If you don't do this, you could find yourself living off credit cards for expenses like gas and groceries since all your other income is going towards rent, student loan payments, utility bills, car payments, insurance, etc. And that is a downward spiral that can only lead to a need for greater debt relief of America. If you find yourself in need of more debt relief (or at least another kind of debt relief) you certainly have options. If you're a homeowner in debt, you can get an debt consolidation mortgage. If you have collateral, you can get a debt consolidation loan. If you have access to a lot of cash (just not enough to pay everything off) you can enroll in a debt settlement program. If none of these apply to you, you can enroll in a debt consolidation program. All of these programs can get you out of debt in five years or less, helping you experience debt relief of America. To enroll in any of these programs that can provide debt relief of America, contact a debt relief company. They will be able to tell you which debt relief program is best for you. Sat, 26 Jul 2008 15:00:00 EDT