Breaking the Debt Chain: the Christian Responsibility of Financial Management

When the zero percent credit cards arrived in the mail, they looked like a solution for paying off some high interest loans. You don't believe in being in debt, and perhaps you actually cut up the old credit cards, believing you were doing the right thing.

(Request Info) AmericanDebtTrust's debt reduction/ management program has helped literally thousands of people avoid bankruptcy! You too can eliminate debt, lower monthly payments, and stop those embarrassing calls by collection agencies.

But, if you are like millions of other people, shortly after you took the offer, the credit card company claimed to have received a report about your bad credit and your rate suddenly zoomed to 29% or more. You suddenly feel defeated in spite of your best efforts.

You were a victim of "Bait and Switch," a common credit card marketing strategy that catches thousands of people every day, and has not been prohibited by any financial or credit card regulations. Such companies have no particular moral sensibilities as the primary goal is to make money for the company. Unfortunately, if you pay only the minimum payment, at those high interest rates, your balance will continue to increase each month, you will be giving them exactly what they want and will never experience the freedom that you know is God's will for every Christian.

Credit card companies do not exist to help you get out of debt. They actually make more of their profit on over the limit fees, late fees, and default interest rates than they make on all the purchases put together in a given year. They are in business to keep you in debt and keep getting those high fees from you.

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You may have already looked at consolidation loans or at bankruptcy. If you have tried to "consolidate" at your local bank, and have bad credit, you have probably been turned down. The last thing you need to do is to try to pay everything off with yet another tricky credit card. So bankruptcy looks like your only option, but to file for bankruptcy means to put your debt on the backs of the American tax payer and to contribute to this country's financial woes. That certainly doesn't seem like the best way to handle the problem

Fortunately, there is a solution that will give you a clear conscience and help you free yourself from the unfair tactics of these nationwide debtors. It's called true debt negotiation and debt consolidation through a company that specializes in helping people like you.

Debt Negotiation and Debt Consolidation
Debt negotiation means that a company will talk to all your unsecured creditors—such as discount store cards and credit cards—for you and will negotiate to get them to accept part of what they claim you owe them. They can do this because, via the high rates you have been paying, the company has usually already received a large share of your principle. The company is negotiating away the outrageous interest payments in return for guaranteeing that a certain amount will be paid. Furthermore, the negotiators have the legal backing to make it work.

Once your debt has been negotiated down, the company could take a couple of different approaches. One approach is to actually pay the companies the agreed upon amount and to give you a low interest loan (NOT another credit card) at a fixed interest which you will pay them. The other approach is for you to pay the debt negotiating company until enough money has built up for them to pay off the debt. The latter approach causes your credit to build more slowly, but is actually a better fix. However, either approach will work as long as you exercise some discipline and avoid taking any new credit cards.

Start now by filling out the easy, online, confidential form. Just eliminating the burden will improve not only your finances and your credit, but also your physical and mental well being. Isn't your life and health worth the effort?

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