Credit card debt relief is more available today than any other time in our history.
There has never been a time where more people have been in debt and creditors are being forced to agree to debt settlements that they never would have just a year ago.
Credit card debt is by far the easiest form of unsecured debt to eliminate and if you are over $10,000 in the hole it would be financially prudent to hire a debt settlement company.
Credit card companies do not like debt settlement companies because they control the leverage in this market.
The majority of creditors are very concerned about increased deliquent accounts and you as the consumer should take advantage of current economic conditions to try and eliminate your debt while the conditions are so favorable.
Creditors are very worried.
Delinquent accounts are rising at alarming rates and are only expected to increase.
When a consumer defaults on their account, the credit card company won't receive anything unless they negotiate a debt settlement.
They would rather collect a small percentage of the balance rather than nothing and they are currently agreeing to very generous settlements.
Your credit company would much rather negotiate directly with the consumer rather than a debt settlement company.
This is because they know that a debt settlement company will be able to use their leverage to negotiate a more favorable settlement.
If you are over $10,000 in debt it almost always makes financial sense to hire a debt company.
Credit card debt relief has never been so advantageous for the consumer and I would strongly encourage that consumers take advantage of the economy while conditions are so favorable.