SOURCE: Total Debt Relief

February 01, 2010 14:28 ET

Credit Card Debt Relief Bailout Has Arrived for U.S. Consumers

Big Banks and the Auto Industry Are Not the Only Ones Getting a Debt Bailout These Days, Consumer Advocate Explains

CHICAGO, IL--(Marketwire - February 1, 2010) - Credit card debt relief is now available to all U.S. consumers and businesses in a series of sweeping new programs. These credit card debt relief programs have been designed for the quick and effective elimination of large amounts of credit card debt, thereby offering a fresh start to individuals and businesses across the country.

According to Total Debt Relief, these credit card debt relief programs and services have been packaged in many shapes and forms in order to address the needs of as many consumers and businesses as possible. For too long, U.S. taxpayers have felt frustration and disillusion with their elected representatives awarding trillions in taxpayer dollars to companies that were so-called "too big to fail." The frustration further increased when it was revealed that executives at many of these firms then received million dollar bonuses, for as President Obama put it, "being rewarded for failure." U.S. taxpayers can now feel some amount of equalization as they too now have debt relief available to them.

Credit card debt relief that is available to consumers and businesses today includes the following programs and services:

Debt Settlement - this program is one of the newest in consumer and business credit card debt relief options available today. This program has been featured in major media outlets recently including CNN, NBC, TIME, and others. This program works by a debt settlement firm acting as an arbitrator and negotiating on behalf of the consumer or business with their creditors.

The outcome of these negotiations is a debt settlement offer that in almost all cases is at least a 50 percent reduction of the original amount of debt that was owed. This immense reduction in credit card debt is achieved without a loan and without bankruptcy.

Debt Consolidation - this program is one the most familiar credit card debt relief programs known by name to consumers and businesses. In this program, a new loan is taken out to pay off multiple existing loans.

Total Debt Relief offers consumers a free debt evaluation which can be taken advantage of at the company's website:

Contact Information

  • Contact:
    John Chase
    877-224-2950 x 70016