Consumer protection laws will allow you to erase 50% of your charge card debt.
Did you know that if you owe $10,000 to your credit card company that it can take over 40 years to pay off if you only make the minimum payment? A $10,000 a credit-debt could potentially bankrupt any cardholder.
The average consumer does not have to be in debt to credit card companies anymore.
Over 95% of personal bankruptcies are a direct result of credit card bad debt.
Private companies are now beginning to work with the public and are releasing free information that can help erase your bad debt by 50%, so you can stop worrying about further or potential demand letters from your card company.
The sad fact is that bad debt that you incur today could very well follow you into retirement.
We have seen 20-year-olds who owe over $20,000 to their credit card company and almost 100% of them will have to file for bankruptcy.
Fact: Credit cards are not designed to be paid off.
There is no sense in having a debt hang over your head when the United States government allows you to erase 50% of your charge card debt.
You can ethically get rid of at least 50% of your debt load and many consumers are not aware of little-known laws techniques that can help you erase your debt so you can stop worrying how your pay your bills next month.
The only thing you will learn from a card company is how to get into more debt.
The American consumer protection laws have been reconstructed and now allow you to erase part of your obligations to your credit card company.