More than ever, consumers should be made aware of the many debt relief options that will help with credit card debt.
Philadelphia, PA (PRWEB) April 19, 2013
American debt seem to be making the headlines all over the world, and Creditcardconsolidationloan.org would like to advocate a solution that will help consumers cope with credit obligations.
According to an article released in March 29 by The Guardian UK, a lot of Americans seems to be unaware of the economic recovery that President Obama seem to keep on mentioning. The published report stated that the Commerce Department released data stating that the American personal income rose to an average of 1.1%. If the gross domestic income is measured, it goes as high as 2.6%.
But that has yet to be felt by the American people. The article also notes that alongside that income statistic, debt continues to rise.
Entitled “Debt a common theme as Americans struggle to feel benefits of recovery,” the article stated that people they interviewed are not feeling any of the financial successes that the country seem to be experiencing. Most of the Americans featured in the article are either relying on credit card for basic purchases or dipping into their retirement fund just to make ends meet.
The Guardian UK article reported statistics from Reuters that stated 2.5% of the household debt is still rising. It shows that with the strengthening of the economy, the purchasing confidence of consumers are rising with it. However, wages remain stagnant and untouched by these improvements. This means the purchases are still being done through consumer credit - and not necessarily on cash.
Creditcardconsolidationloan.org believes that more than ever, consumers should be made aware of the many debt relief options that will help with credit card debt. The website advocates debt consolidation loans as a legitimate and an effective way of getting out of credit card debt. Since Americans are evidently still struggling with this financial pitfall, the site will continue to market the benefits that this program can provide struggling consumers.
As a debt relief company, Creditcardconsolidationloan.org offer more than just a solution to pay off debt. One of the services they provide include helping “clients who don’t have financial education to improve money management.” This service is intended to help their clients to avoid falling into another financial crisis.
The company believes that combining debt relief with loan and personal finance education is the perfect solution that will help Americans feel the economic recovery that President Obama is presenting in his speeches.
To learn more about credit card consolidation loans as a way to get out of debt, visit their company website. To talk to a debt counselor, call 888-330-9306.