This is a very unique and unparalleled time in the US economy as the federal government is pouring billions of dollars in to the market to support economy from being collapsed.
This is an extreme opportune moment for the middle class and the working class who has been hit the hardest and is facing unemployment or losses in their business.
What most of the public is asking for is Credit Card Debt Solutions.
The stimulus money is actually being spent mostly by large financial institutions where the majority of the public debt is actually originated.
Creditors are using this money to make up for the losses that occur though debt settlements.
So the credit card companies have already arranged to settle thousands of accounts and it would be practical to see if you can also find your Credit Card Debt Solutions through this generous offer, courtesy Uncle Tom! One of the best Credit Card Debt Solutions is to consolidate your credit cards.
Most people consolidate with a home equity loan, a personal loan, or credit cards.
For this you must have very good credit for this to be an option for you.
If you do not have a good credit history, then this might not work for you.
Yet another of the available Credit Card Debt Solutions can be submitting your debt management plan, which can be offered through a nonprofit credit counselor.
This could lower interest rates and get rid of some of your fees.
Your all debts will be consolidated into one low monthly payment, and you could be out of your debt pretty fast.
But there is a hitch in this way, which is your credit card accounts, will be closed.
Most people do not want to opt for this option for the obvious reason.
The next best option is to get professional help from a settlement company which can carry out negotiations on your behalf with your creditors.
In some cases you get to eliminate major portion of your debt.
Remember that no legitimate company will offer total elimination your debt unless they are offering bankruptcy option.
So choose wisely.