The blog is set up to help people learn their options and take care of their debt
Scottsdale, AZ (PRWEB) April 12, 2009
For the past four years, independently owned organization, Private Debt Solutions has been assisting people by helping them get out of the hole of debt. According to a 2008 report from American Bankers Associated, credit card delinquencies were at the third highest level on record. When accounts go into delinquent status, consumers find that their interest rates and monthly fees increase, adding to their debt and damaging their credit.
"We help consumers reduce their balances and save money to pay off the debt," said Wendy Kuhn. "We listen to our clients and make them aware of the options available to them. Many do not realize there are ways to affordably get out of debt instead of having to consider bankruptcy.
Kuhn is the CEO of Private Debt Solutions, an organization that is built on the notion of helping individuals with financial problems through personal and private debt resolution. The company started in 2005, with Kuhn taking over the reigns as sole proprietor in 2008, all the while maintaining the original vision and mission statement.
Kuhn's goal is something that is unheard of; while many debt relief companies get settlements for their customers, they seldom work closely with them on a personal basis to ensure they are saving money and following their customized financial plan, which is where Private Debt Solutions differs from the rest.
Private Debt Solutions' program has a few limitations, such as the debt amount must be $10,000 or higher and the debts need to be unsecured. However, there are many people who still need help but don't fall into these parameters. Private Debt Solutions answered this need by recently starting a new debt information blog, http://www.GetOutOfDebtWithPDS.com.
"The blog is set up to help people learn their options and take care of their debt," Kuhn explained. "Facts about managing money, the impact of using credit cards and the rights they have with credit card money are explored on the site.
While some people may be nervous to try debt resolution, Private Debt Solutions is a company that understands their situation and can relate to them on a personal level.
About the Company:
Private Debt Solutions is an Arizona-based organization providing nationwide debt resolution services. They are fully committed to helping people from all walks of life get a fresh start with their finances. Their team of professionals are highly skilled and look forward to helping clients regain their financial freedom.