February 14, 2006 09:00 ET

Debt University Recognizes America's Ongoing Debt Struggle and Aids in Debt Help and Financial Assistance

WASHINGTON, DC -- (MARKET WIRE) -- February 14, 2006 --In an effort to help the growing debt distressed population in the United States of America, Debt University has just launched a powerful new website, built to provide resources and tips on debt consolidation, debt management and reviews of financial services.

In 2003 the U.S. Census Bureau found that credit card debt had skyrocketed to a whopping 786 billion dollars and is projected to reach over 1 trillion dollars within the next three years! DebtU saw this growing number and wanted to assist consumers with legitimate resources since the number of resources available online and off is growing, making it harder for consumers to decipher the myriad of data. DebtU simplifies the search by offering links and information to help with debt relief and rebuilding your credit ratings, from pre-paid credit cards, debt consolidation services, mortgage refinancing to even bankruptcy help or recommendations on reducing debts without additional loans.

"Many consumers are left feeling so discouraged and helpless when they've fallen thousands of dollars into debt that they simply give up trying to find a way out," commented a DebtU representative. " is a great and completely free starting point to get consumers on the right track in gaining control of their finances by simply showing them the first steps in how to get out of debt." is now accepting registrants for their email newsletter offering free debt tips and special offers. Visitors have instant access to a compilation of helpful debt relief services across the Web, even the option to speak with personal credit counselors. Admission to requires U.S. citizenship.

Contact Information

  • Press Contact:
    Keith Carrington