SOURCE: National Debt Relief Program

September 01, 2010 12:37 ET

Credit Card Debt Relief and Consolidation Programs Helping Many Today

With the U.S. Economy at a Near Standstill in Terms of Growth, National Debt Relief Program Discusses How Credit Card Debt Relief and Consolidation Are Benefiting Thousands Today

SAN FRANCISCO, CA--(Marketwire - September 1, 2010) -  Credit card debt relief and consolidation programs are today helping many individuals and families to lower their credit card debt, consolidate into a single and much more affordable program payment, and establish a road map for getting out of debt.

During this era of economic uncertainty, it's becoming increasingly more common for people to find themselves with more credit card debt than they can afford to repay. Much of the problem stems from the stubbornly high unemployment rate.

6,130,000 U.S. workers had been unemployed for 27 weeks or more in December 2009. That was the most ever since the U.S. government started keeping track of this statistic in 1948. In fact, it is more than double the 2,612,000 U.S. workers who were unemployed for a similar length of time in December 2008. The reality is that once Americans lose their jobs they are increasingly finding it difficult to find new ones.

While these statistics are troubling, many are benefiting today through the use of credit card debt relief and consolidation programs. These programs, offered by debt relief, debt consolidation, and credit counseling programs, offer help and hope to those who are in need.

While banks and lenders offer credit card debt consolidation programs which make use of loans, often using one's home equity as collateral, the credit card debt relief programs offered by debt relief providers do not involve the use of loans, and are available to a person regardless of their credit score. These programs take varying approaches towards reducing credit card debt.

Relief can be achieved through the negotiation of significant reduction of balances and the settling of those accounts for the reduced amounts, or the negotiation of lowered interest rates and fees. Credit card debt relief and consolidation programs also consolidate credit card debt into a single monthly program payment.

These programs work fast and are proven to be effective. To learn more about credit card debt relief and consolidation and how to get started, please visit National Debt Relief Program at:

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    Natalia Kobseva