SOURCE: ExcelDebt Relief

ExcelDebt Relief

September 27, 2011 16:02 ET

ExcelDebt Relief Enables Consumers to Settle Their Debt and Save Big

RICHMOND, CA--(Marketwire - Sep 27, 2011) - As millions of Americans are suffering from massive debt due to the current economic downturn, a debt settlement company provides solutions. ExcelDebt Relief is a debt settlement company that negotiates individual consumer debt for a fraction of the cost. With its overarching motto, 'Settle your debt and Save BIG!,' it provides debt relief for families suffering from medical bills, credit card bills, and other forms of unsecured loans. By negotiating debt with creditors such as Bank of America, Citibank, and many collection agencies, ExcelDebt Relief is able to mediate with these agencies to drastically lower debt amount, discontinue harassment from creditors and alleviate stress linked to financial woes.

Consumers with debt now have an alternative to filing for bankruptcy. Unlike bankruptcy, debt settlement doesn't carry the same stigma as bankruptcy does. "Given the changes in Bankruptcy Reform Act of 2005, debt settlement remains a viable and cost-effective alternative to solving consumers' financial woes," says Grace Collins, ExcelDebt Relief's spokeswoman.

According to The Nilson Report, "Outstandings, the unpaid balances on all general purpose and private label consumer and commercial credit cards, were $977.92 billion at year-end 2008, up 1.7% over year-end 2007." As the average American witnesses an increase in overall debt, more and more individuals are relying on debt settlement companies like ExcelDebt Relief to provide solutions.

"Due in part to the poor economic conditions we have experienced, many creditors are willing to provide some redress by accepting settlement offers to clear outstanding debts," says Collins.

"My experience was sensational, excellent company to work with. Thank you, ExcelDebt Relief," says Jessie Gonzalez, an ExcelDebt Relief client.

"I recommend this company's program to any person struggling with credit card debt, it was really, really helpful to me," says Araceli Guadarrama, another participant of the ExcelDebt Relief program.

Thousands of clients such as Gonzalez and Guadarrama can attest to the success of ExcelDebt Relief's strategies and tactics in negotiating consumer debt. With proven results, ExcelDebt Relief has become a leading competitor in the industry.

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Contact Information

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    ExcelDebt Relief
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    1(888) 821-2722