SOURCE: Total Debt Relief

March 01, 2010 15:14 ET

Best Credit Card Debt Relief Programs: How to Get Started

Consumers and Businesses That Are Struggling to Make Ends Meet Under the Current Economic Climate Have Several Debt Relief Programs Available to Them; Explains

BOSTON, MA--(Marketwire - March 1, 2010) -  Those people and businesses carrying a heavy debt burden needn't feel bewildered or without hope. The U.S. financial services industry has a great many innovative credit card debt relief programs which can be enrolled in as soon as today.

Searching through and sorting out what is what and which programs are best suited to one's credit card debt situation can be a daunting task. The good news is that these programs can help consumers and businesses become debt free in the shortest amount of time and avoid bankruptcy in the process. helps you navigate the credit card debt relief maze.

Debt Consolidation is one of the oldest credit card debt relief programs in existence. This program has helped thousands of consumers and businesses over the years reduce their debt burdens. With this program, a bill consolidation company negotiates on behalf of the consumer of business in debt with their creditors in an effort to obtain lower interest rates.

The program also consolidates multiple loan payments into a single, more manageable loan payment. In the best scenarios, creditors reduce or waive certain fees as well as penalties.

Debt Consolidation Loans are also programs available to both consumers and businesses. This program works by paying off existing loans with the taking out of a new loan. This new loan then provides a smaller monthly debt payment. To qualify for this program, the consumer's credit score and record must be in good standing.

Debt Settlement is one of the newer credit card debt relief programs available to consumers and businesses today. In this program, a debt settlement firm will negotiate on behalf of the consumer or business in debt with their creditors. In most cases, outstanding balances are reduced anywhere by 40-60 percent. This is debt that is forgiven and never needs to be repaid. This programs helps to also eliminate harassing phone calls from creditors and collection agencies, and can help to avoid wage garnishment.

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

Contact Information

  • Contact:

    John Chase
    877-244-2950 x 7016