Credit card debt in America has reached a level close to $70 billion, the highest debt ratio in history, while household, business and financial sector debt increased by 9%, according to the American consumer credit counseling.

The United States economy has become more and more, dependent on debt.

Statistics show that debt is increasing at a greater rate than income.

According to the Federal Reserve, the typical U.S. household’s income averages $42,900, with a credit card balance of 5 percent of their annual income.
15% of consumers are above $10,000 in credit card debt, and nay have up to nine financial obligations in the form of credit cards.

We can see why credit card debt is a major financial issue for many people in the last years, creating the need for professional credit card debt counseling.

Some debt consolidation companies offer consumer debt services, such as credit card debt relief, credit card debt counseling, and credit or financial coaching.

Compare debt reduction services and lower credit card debt, get payment installments you can afford and recover financial freedom.

See how from the different debt negotiation companies in the market, we can offer you a personalized solution. Our professionals can tell you more about our debt free plans.

Learn more about ways to get credit card debt reduction and how the right credit card debt settlement program can help you drastically change your financial life.

Credit Card Debt Relief

Lower credit card debt

Not all debt relief companies offer comprehensive information on the different options you have to get legal credit card debt elimination, or credit card debt reduction. One of the biggest advantages of our debt relief program is that it is a great way to protect assets, including home equity and retirement funds. A common question arising is if a debt relief program can lower credit card debt. The debt relief program will lower your monthly credit card payment to nearly 50% of its current value. The idea behind a debt relief program is to establish a money payment plan that is comfortable for the client and fits more adequately into their budget. By lowering monthly payments, clients are not forced to sell goods or take out any additional loans, etc. to come up with money to pay off creditor.

We will help you lower credit card debt without disposing of your assets.

Find the best way to get a credit card debt negotiation program to help you go debt free.

Here are a few alternative options that many individuals may use to pay off debt but that with a debt relief program you are not forced to risk.

Use Balance Transfers to pay credit debt

Balance transfers involve transferring outstanding credit card balances to interest-free, low-rate promotional credit cards. Many offer 0% interest for 6-12 months that can give temporary relief to consumers looking to get caught up with their debts. The danger of balance transfers is that that are often used to postpone problems, not solve them. Additionally, there are often extra conditions, fees and charges associated with the transfers, high interest penalties if you miss a payment.

Use IRAto pay credit debt

An IRA (Individual Retirement Account) is a tax-deferred or tax-free retirement fund. The most common types are the Traditional and the Roth IRA. A traditional IRA is tax deductible up to $4,000 per year and is taxed upon withdrawal. If the funds are withdrawn before the individual is 59 ½, there is an additional 10% penalty (exception do exist to this penalty). A Roth IRA is not tax-deductible, but is more flexible. It can be withdrawn at any time with no penalty and taxes paid only on the interest. After the account reaches 5 years, it can be withdrawn with no penalty and no taxes.

Use 401(k) to pay credit debt

A 401(k) is a tax-deferred retirement fund sponsored by an individual’s employer. An individual can contribute up to $15,500 of his or her income per year and employers will often match a percentage of those funds. Contributions and interest are not taxed until the funds are withdrawn from the account. Traditional 401(k)s penalize individuals for early withdrawals while the Roth 401(k) provides greater flexibility for investors.

You can legally eliminate credit card debt, and get credit card debt reduction

We feel that it is dangerous for individuals to be tapping into retirement funds such as 401(k)s, IRA, and home equity because you are turning an asset into a debt. Many times 401 (k)s, IRAs and other retirement funds will charge early withdrawal penalties as well as leading to lost future interest. Additionally, these funds are often protected by the government and can not be garnished or forcefully liquidated by the courts to pay off unsecured credit card debt. Therefore, there is no good reason for you to risk these assets. To get credit card debt counseling, call us today at 1-866-892-5132, and we can personalize a debt relief program for you that will help eliminate up to 65% of your unsecured debt while protecting your most valuable assets.

Learn more about our professional debt free program.

Trust only a professional, reputable debt negotiation firm for debt help services.

Learn more about how to reduce Credit card debt, and how you can get credit card help: ways to get credit card debt help

You can legally eliminate credit card debt, and get credit card debt reduction

If youn are looking for the best credit card options and rates, here you can see information on Best Credit Card Deals
Compare the best credit card deals online. Good credit or bad, find great low APR offers with cash back, airline miles, rebates and more!

To get credit card debt counseling, call us today at 1-866-892-5132, and we can personalize a debt relief program for you that will help eliminate up to 65% of your unsecured debt while protecting your most valuable assets.

Learn more about our professional debt free program.

Trust only a professional, reputable debt negotiation firm for debt help services.