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Beware of companies that tout government-sponsored credit card debt forgiveness programs. There aren’t any government-backed credit card relief programs, so any claims otherwise are likely scams.
Why we like Accredited Debt Relief for quick credit card relief With loan terms of four to 48 months, Accredited Debt Relief's consolidation options range from $1,000 to $100,000. However, most ...
There are several credit card debt relief options to help you get back on the road to financial freedom. Key credit card debt statistics Americans hold approximately $1.12 trillion in credit card ...
The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...
Infographic about credit card debt in the US (2010) Consumer and government debt as a % of GDP (United States) Consumer and government debt in the United States. Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the ...
Key takeaways. Debt relief is a method of restructuring debt to make it easier for you to pay it back. You can get debt relief from lenders, debt relief companies and credit counseling agencies.
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