Sunday, September 13, 2009

What helps credit card companies doesn't help you. (Unless it's you and the credit card company are stuck in a pit and both are pulled out.)

Student loans, mortgages, car loans, credit cards... everywhere we look these days, it's debt, debt, debt. Even CITIES are in debt! Interest rates keep climbing higher, and they're going to probably shoot up even more before the law changes next year to limit them.

Yep: I'm not kidding. The law has changed to help people address high credit card debt, but it's not going into effect until 2010, and that means that credit card companies are going to do what they can to help themselves now -- and what helps credit card companies doesn't help you, that's for sure. That's why you might want to start considering a Credit Card Debt Consolidation. Done right, debt consolidation can help you get out from under a mountain of debt and improve your credit rating more quickly.

Debt consolidation is one of a host of options you could consider if your debts are mounting. Bankruptcy and state court procedures, or altered payment plants, or other options, may not work for you and if you've considered those and have good reasons for not pursuing them, debt consolidation is another route to take.

People with serious debt problems can benefit from debt consolidation -- which is rolling all your little, high-interest debts into one larger, low-interest debt, giving you only one monthly payment to keep track of and reducing the amount you'll pay each month -- but you've got to be careful who you choose to work with. DCC can help.

DCC (Debt Consolidation Connection) is a leading provider of internet information about debt consolidation and how you can get help with it. With their assistance, you could lower your payments as much as 50% per month, and eliminate creditor harassment.

If you're having difficulty making your payments, or using one credit card to help pay off another, you've got to do something about it now. Consider all your options, and make sure that DCC, the Debt Consolidation Connection, is one of the options you consider.

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