Credit Card Debt Relief - A Simple Way To Avoid Bankruptcy

The desires of any person can be sky high. We would like to have all good things in life. Whether it is a Harley Davidson motorcycle or a KIA SUV, a membership of an exclusive club or a memorable Hawaiian vacation! Do not forget to add a luxury apartment to the wish list! But at the end of the day, we have to match up our desires, with the buying power at hand.
Is my buying power for real?

By granting huge credit limits, the credit cards do give us additional buying power than we actually have. The real question is, is it for real? This is a make believe world. We are made to believe that we have the capacity to buy much more than we can actually pay off by our monthly income. Thanks to huge credit limits extended by Card companies. You might be earning $5000 per month. Besides essential expenses, you are left with $1000 to spend for your desires. However, the credit cards you own, give you an additional spending power of $3000 by extending their credit limits. From where will you get additional $2000 to pay off you credit card payment, if you go for full spending?

Credit card debt relief shows you the way out
In order to carry over $2000 till the next payment cycle, you need to pay a huge interest. This will carry on until you realize that you are trapped in debt cycle. In order to get credit card debt relief, there are many credit card debt services available nowadays. The easier way is to go in for online credit card debt relief. You can sit at home itself and approach companies or financial institutions providing credit card debt services. These companies provide you end to end solution in credit card debt relief. You need to fill up an online form, after which these companies will approach you with a custom-made solution to your problem. Online credit card debt relief is a genuine way of consolidating your several high interest card loans into a single low interest loan. The consolidated loan is tailor-made to suit your current paying capacity. You can pay back this loan at your convenience and get rid of the fear of bankruptcy. Your credit scores will also not get affected by this.

Take some action before it is too late. In case you have trouble with credit card loans, go for credit card debt relief right away.

Debt Relief - How To Get Out of Collection Agency Debt

Many people don’t realize that they have rights against Collection Agency Harassment. You do not have to put up with there abuse. If you owe them a lot of money there is a way out for you by using a Debt Consolidation Company to get Debt Relief.

You should be aware of your rights as a customer. Collection Agencies are not allowed to :
1. Harass you in any way
2. They cannot call your home before 8:00am or call after 9:00pm, unless you agree to those times
3. They cannot talk to you in an abusive manner
4. They are not allowed to call your friends or family to try to collect your debt from them
5. They cannot call you at your job

If you know that you just cannot pay your debts, you do have a chose for Debt Relief. One way to get out of debt is to find a good Debt Consolidation Company.
How will Debt Consolidation help you to get rid of your debt and stop the Collection Agencies from harassing you. Debt Consolidation companies can negotiate with the collection agency. Most of the time the collection agency is willing to settle your debt with them for far less than you owed them to begin with.

For Example:
If you owe the collection agency $9000 and you sign-up with a Debt Relief Company they could possibly get the $9000 lowered to $3000. Other factors would also be considered to these amounts, but you get the idea.

When you are dealing with Debt Relief you would also have the option to get on a payment plan, which means you can pay a specific amount per month.

How this works is the Debt Relief Service will take all of your bills and negotiate them all to make one small bill. This is how you will pay only one bill per month. This is a great way to pay off all of your bills. This is what I did a few years ago. I tell my personal story in my other article I have posted already.