San Francisco, CA (PRWEB) April 21, 2011
As millions of consumers struggle daily to manage their personal debt, Credit.com, a leading consumer education and financial resource website, has joined with bestselling author and money expert Jean Chatzky to embark on the Debt Diet Challenge.
Chatzky created the Debt Diet program with a team of behavioral scientists to tackle the problem of debt by looking at how people make healthy decisions in their lives (read a Credit.com article about the Debt Diet to learn more here). She is opening up the program to five Credit.com readers who are themselves deep in debt. Each participant will blog about their progress and the efficacy of the program in general.
“For many people, personal debt seems like the roach motel – once you’re in you can’t get out,” says Adam Levin, Chairman of Credit.com. “When it comes to dealing with debt, like marriage counseling, everyone -- including our mothers -- thinks they’re an expert. Jean Chatzky is the real deal. She has built a solid record as a consumer educator, advisor and advocate. She has developed a plan to help consumers honestly confront and intelligently deal with their debt issues. We are excited that she has chosen to work with members of the Credit.com community."
Chatzky will be writing about the program for Credit.com as participants go through it, and will be working one-on-one with those participating in the challenge.
"We all know what we need to do to get out of debt -- spend less, save more -- just like we know that we need to eat less and exercise more to lose weight. The problem is getting ourselves to both start and stick with it,” says Chatzky. “The strategies we've incorporated into The Debt Diet have been able to help hundreds of people do both. I'm looking forward to coaching some Credit.com readers through the process."
If you’re interested in participating in the Debt Diet Challenge, read more about it and learn how to enter here.
Credit.com provides straightforward news, tools, education and products to help consumers make smarter financial decisions. Credit.com was established in 1995 with the goal of helping consumers with any credit standing to establish, rebuild, enhance and effectively use credit. Our industry experts create clear paths for consumers looking to improve their finances. For more information, go to: http://www.credit.com.
Director of Media Relations
(212) 317-9179 office
(201) 705-8209 mobile
tberlin (at) credit (dot) com
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