SOURCE: National Debt Relief Program

NationalDebtReliefProgram.org

December 20, 2010 03:00 ET

In Debt? Settlement Programs Offer Effective Help With Debt Today

With Spending up This Christmas Shopping Season Versus Last Year, National Debt Relief Program Discusses the Credit Card Debt Settlement Option

LOS ANGELES, CA--(Marketwire - December 20, 2010) - Credit card debt settlement has positioned itself as a respectable and legitimate program for settling credit card accounts for less than the original amounts owed. Yet these types of debt settlement programs can also help with medical bills and other types of unsecured debt such as department store cards, gas cards, personal loans, and judgments.

A huge economic disparity continues to exist and widen today in America. The Wall Street top six "too big to fail" firms recorded $35 billion of profits in the first nine months of the year, with year-end bonuses forecast to be $144 billion, which would be a new record for the industry.

Financial institutions continue to benefit from the Federal Reserve's zero interest rate policies, which amounts to a "disguised bailout" for banks, in the opinion of many analysts. Yet the situation is far different for the U.S. consumer and their savings accounts, where anything above 0% seemingly counts as 'high-yield' these days.

With too much personal debt affecting millions of Americans, help with debt is available, as the options for debt relief for those in debt have never been better. Debt settlement is one of these help with debt options. Debt settlement is one of the fastest and least expensive ways to help those who are struggling in debt to get out of debt quickly, and get on with their lives.

These types of debt relief programs are often referred to as debt negotiation or debt arbitration programs. Simply put, debt settlement is a direct and ambitious approach to debt reduction and it is best suited for individuals that have $10,000 or more in unsecured debt.

Debt settlement providers negotiate with unsecured creditors on behalf of the consumer or small business in debt to settle for an amount much less than the balance owed. Upon completion of a debt settlement program, the plan participant will have paid off their debt at a substantial savings. For those in debt today, help with debt is possible through a debt settlement program.

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

www.nationaldebtreliefprogram.org

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