SOURCE: Total Debt Relief

November 11, 2010 13:00 ET

Credit Card Debt Relief Before the Holidays

The Holidays Are Just Around the Corner and That Means More Spending Leading to More Debt: Total Debt Relief Explains How to Begin the Debt Relief Process Before the Holidays

LOS ANGELES, CA--(Marketwire - November 11, 2010) -  With the holidays fast approaching consumers are already swiping their plastic on lavish gifts for loved ones. While the spirit of giving might make one feel warm and fuzzy inside, in many cases, consumers making these purchases are burying themselves further into credit card debt. According to's numbers they predict the average American will spend $715 this holiday season on gifts. Considering the Average American is in $8,000 worth of credit card debt, that $715 with interest might end up putting some consumers over the edge with debt.

One of the most important aspects about debt relief is actively doing something to get out of it, whether it be budgeting or spending wisely. Sometimes debt can be too hard to handle alone. There are credit card debt relief programs that assist consumers with the debt relief process. A program called debt settlement has the potential to eliminate portions of a consumer's credit card debt in a relatively short amount of time. Debt settlement is the practice of reducing debt through a negotiation process.

Many of the banks behind the credit card companies under certain situations are willing to negotiate with settlement companies that represent consumers with high credit card debt amounts ($10k and above).

A debt settlement can begin negotiating a consumer's debt before Christmas and have them back on track to debt relief. Each program varies on how much debt can be eliminated and the amount of time it will take. This also depends on the individual debtor's financial situation.

For those interested in such programs most debt settlement companies offer free consultations. Settlement companies are also not allowed to charge upfront fees when enrolling clients. Fees will only be charged if a settlement is reached.

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

Contact Information

  • Contact:
    Total Debt Relief