Are you trying to terminate your credit card debt but you don't know how? This is a very common problem in the US because many Americans do not think that they are able to get their credit card debt erased. In a recent study,the average American is now said to have over three charge cards on their person at any one time. Why is this? Because so many advertisements are sent out every day urging more people to get cards and spend money that they do not have.
Many Americans have tried to terminate their credit card debt by calling their creditors and asking them to place them into hardship programs that allow them to make very small payments every month on what they owe. However, this has caused many people to default on even more payments because they get to relax and their payments with such programs.
So, if you are one of these people and you would like to have your credit debt erased or you are being contacted by collection agencies or your creditors, terminating your credit card debt by using the new stimulus package can help you finally get a foot on solid ground. This stimulus package is not for everybody however. It will only allow you to get rid of your credit debt if you have at least 10K that you owe to your creditors. This package was put out in the first quarter of 2009 and has helped delete millions of dollars of credit card debt.
For those who do not qualify we do not recommend filing bankruptcy because it can cause quite a bit of problems with your credit rating. Try to see if you qualify first and then call your creditors next and get set up on a hardship program second. If this does not work, hire a credit counselor to help you.
Did you know you can erase your credit card debt?
It is now perfectly legal to Erase Credit Debt according to the new stimulus package if you have over $10,000 in debt.
They give out free information to help you erase your credit card debt once according to the new stimulus package. Click Here. It takes less than 10 seconds.
For more information, please visit: Credit Card Help
Credit Card Help >