Comments on: Tame the Beast: Legally Eliminate Credit Card Debt

By: Scott

Scott — Thu, 01 Jan 1970 00:00:00 +0000

One of the most common ways many individuals do when trying to eliminate credit card debts is borrow money from their family or friends – which is not really the smartest move. It’s understandable though, how some people feel that it’s the only solution left.

But borrowing money from people you know is hardly the solution that can accomplish the purpose of eliminating debt. Remember that the longer your credit card debt remains unpaid, the worse your situation gets. The accumulated interest and the rate will continue to increase and compound your debt many times over.

So what do you do? How do you achieve legal debt elimination? Simple. Find a reputable debt reduction program with a proven record to help you find your debt relief solution. Get help today. Your problem won’t go away by itself. We all need a helping hand at one time or another. So find that debt reduction program now and get out of the sticky situation you’re in before you are forced into bankruptcy.

By: ChristianPF

ChristianPF — Thu, 01 Jan 1970 00:00:00 +0000

Yea, I am with you on getting rates lowered, even with the CC companies losing so much money these days, some are still offering deals. We actually just closed a credit card account yesterday and we were offered a much better rate to keep our business…

By: Funding for Small Business

Funding for Small Business — Thu, 01 Jan 1970 00:00:00 +0000

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By: PT

PT — Thu, 01 Jan 1970 00:00:00 +0000

yeah, I’m sure the act will have a huge impact. the rules will be changing for sure. who knows what they’ll be more flexible with in the future.

one thing is for sure, like any good business owner, they will find a way to make up any loses that the act will cause.

By: Zach @College for 10k

Zach @College for 10k — Thu, 01 Jan 1970 00:00:00 +0000

Very good points there.

Do you think that the credit card act that took affect today will change credit card companies willingness to lower APR’s?

My initial thought is that it would as they are losing millions of dollars due to this act…