The presence of the stimulus money has provided a huge boost for credit card issuers as well as card borrowers. There are many aspects and facets of the advantages offered by the stimulus package.

For starters, the presence of the package is a huge psychological boost for the average borrower. The presence of hundreds of millions of dollars in the hands of credit card issuers when you owe just $50,000 or $60,000 enhances your chances of securing relief.

The presence of the package withdraws or removes a very important and significant argument that card issuers often used to reject debt negotiation. That the settlement deal is too heavy and is causing a lot of loss to the credit card issuer was always an excuse. However, the stimulus money has made sure this excuse can never be given.

Secondly, the intervention of the government indicates that it is well aware of the problems faced by the average credit card holder. The benefit has been provided primarily to unsecured lenders.

Despite the fact that the housing bubble burst lead to a lot of foreclosures and this affected the mortgage providers as well, bulk of the stimulus package has been diverted to unsecured lenders. When the government itself is paying special attention, it is obvious that fetching better relief from the credit card issuer will be a lot easier.

Thirdly, the World Wide Web combined with the stimulus package has meant that the issue of large number of bankruptcies caused by credit card debt has the received a lot of publicity. The average individual is no longer unaware of the various debt relief options as far as card debt is concerned.

There was a time when it was next to impossible to recover from card debt beyond a certain point. Today, this point is nonexistent. There is absolutely no amount of credit card debt that you cannot settle. You just have to know the right negotiation tactics to use and the sensible requests that you should make.

Finally, professional settlement service providers have been very quick to analyze how the stimulus package makes debt negotiation easier. Needless to say, there expertise is lot more as compared to average individuals. It would not be incorrect to say that it is at par with the level of expertise and knowledge possessed by the credit card issuers themselves.

If you are over $10k in unsecured debt it would be financially prudent for you to consider a debt settlement. There are organizations that exist called "Free Debt Relief Networks" that are a great place to start in locating legitimate debt settlement companies in your region. They provide free debt help and know where to locate the top performing debt settlement firms. To get free debt help check out the link below:
Free Debt Advice
contact us for free debt advice = 8884442820