Pennsylvania (PRWEB) March 12, 2007
A new web portal has emerged to offer free resources in debt elimination problems and solutions to help create awareness among the debt-ridden consumers.
Part fun and enlightening, the portal at http://www.mydebtelimination.info provides excellent articles, news, tips and even videos which cover many financial aspects of unsecured debt elimination management and legalities, debt cancellation tips, credit repair, credit card management, fraud cases, debt cancellation via bankruptcies and much more.
According to the founder and owner, Paul Moss, a debt management adviser, he finds that there are many more consumers who have exceeded their spending budgets unnecessarily, even through most of these consumers have never fully paid off their debts from previous years.
"Most of the retailers are enticing the shoppers with lower prices especially during the seasonal thanksgiving days, which they (the shoppers) often ended up abusing the plastics in their wallets," he comments.
"And as a result, many Americans are starting to resolve the extra burden on their budgets by learning how to legally eliminate their credit card debts without going through bankruptcy or refinancing," he adds.
With Paul's new debt elimination resource site, he offers many interesting resources to help consumers to learn more about managing their finances as well as coping with the need to reduce their debts completely.
The site was created to be more user friendly, with extra doses of multimedia experience through the use of online streaming videos.
"There will be blogs and forums to cater for the needs of those into debt elimination programs and consultations. I'm also currently enlisting the help from other experts in the same field to contribute to the debt elimination article directory as well as providing some insights on some of the debt elimination scams around," Paul said.
Paul adds that in 2006, with the latest emergence of new bankruptcy laws in the US, many people will start adapting to these changes and will find ways around them.
It is his vision that in the future the site will be able to help those in need of a better debt management plan.
Paul Moss is the owner of MyDebtElimination.info. For more information about debt management tips and how you can reduce your debts, please contact Paul Moss at http://www.mydebtelimination.info