Holiday Credit Card Debt – Credit Card Debt Relief Programs and Tips Released by Golden Financial Services

San Diego, California (PRWEB) December 13, 2012

Credit card debt relief strategies are exposed by Golden Financial Services in this press release. It is imperative for consumers to recognize how to avoid having to pay interest on holiday purchases, along with credit card relief programs that are safe and effective for 2013.

Ruth Adorno at Golden Financial Services stated, “First off, when you are at the check-out counter and about to take out your card to pay for your purchases, don’t do it. Put your card back into your wallet and ask the cashier about their layaway plans.“

Stores like Marshall’s, TJ Maxx, Wal-Mart, Kmart, Burlington Coat Factory, Macys, Babies ‘R Us, Toys ‘R Us, Hallmark, Sears and many other stores across the country are offering layaway plans. These stores are basically all competing with each other this year because they all realize that consumers are looking for holiday credit card debt relief.

With layaway plans, consumers don’t have to pay interest on their purchases. Once they pay off their purchase, they get to take home their merchandise and are debt free on that purchase.

Many consumers are already done with their holiday shopping and now are drowning in unsecured debt. Relief programs including debt settlement and consumer credit counseling can efficiently help consumers to pay off high debt.

With consumer credit counseling programs, companies will negotiate a lower interest rate for their customers and a lower payment. All payments will then be consolidated into one monthly payment.

With debt settlement programs, consumers can actually end up paying back less than what is owed on their debt. With debt settlement consumers are also set up with only one monthly payment.

As of 2012 the “Average credit card debt in the United States is at $15,328.00. The average mortgage debt owed is at $149,782.00. In total Americans owe $852 billion in credit card debt.” - NerdWallet, 2012

Therefore financial hardship programs are needed more than ever before.

There are times where consumers are unable to pay their mortgage payment because they are paying on high unsecured accounts. Relief programs can reduce credit card debt payments going out on a monthly basis, allowing individuals to have more cash-flow on a monthly basis. In many cases if an individual can increase their cash-flow on a monthly basis by a few hundred dollars, they can pay their mortgage.

Credit card relief programs will often be the best resolution for a consumer to turn to if they are barely getting by economically on a monthly basis.

How does one find a dependable company to assist with debt issues?

The Better Business Bureau (BBB) website is a place where consumers can conduct research on companies and discover accurate information. The BBB provides consumers with essential information on companies including how long a company has been in business, if a company has government action against them, if a company has any unresolved complaints and of course what a company’s rating is. “A” is the best and “F” being the worst.

Golden Financial Services has been an industry leader since 2004. Golden Financial Services provides consumers with free information on all debt relief programs and options. Golden Financial Services has an “A+” rating with the BBB and is one of the few highly rated BBB Debt Settlement Companies in America today.

At Golden Financial Services, if consumers qualify for consumer credit counseling they will be transferred to a non-profit consumer credit counseling company. If consumers qualify for debt settlement, they can be enrolled on the debt settlement program.

Consumers can also be educated on how to pay off their accounts faster and where less interest is paid, when staying current on their bills.

Learn more about Credit Card Debt Relief at Golden Financial Services by visiting the website or by calling 1-866-376-9846.

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