• Lower your monthly payments
  • Reduce stress and live your life
  • Avoid personal bankruptcy court

Your Get Out Of Debt Plan For 2010 And Beyond


Christmas is over and you find yourself just a little bit deeper in debt than you had planned. So what is your get out of debt plan for the new year 2010?

Over the past 2 years, I’ve read over a dozen personal finance books on how to get out of debt. I’ve read through all the different debt elimination methods. All the debt cures you can think of.

There are pros and cons for debt consolidation, the debt snowball, debt settlement and debt negotiation, and even bankruptcy.

They all have their place.

No debt elimination plan will work for everyone.

There are too many different scenarios to account for.

But if I had to rank the top 5 ways to eliminate your credit card debt this is how I would do it:

1. Debt Settlement

2. Debt Into Wealth System

3. Debt Consolidation

4. Debt Snowball/Pay It Off

5. Bankruptcy

Used effectively, debt settlement can help you slash your credit card debt by at least half. You can do this on your own.

You can get rid of all your unsecured debt in as little as 6 months.

Even the best debt consolidation plans can take 3 to 4 years to complete. The only real downside is your principal balance is not reduced, only the interest rate.

The Debt Into Wealth system can help you become debt free in 5 to 7 years and also includes your mortgage loan.

The debt snowball is from Dave Ramsey and has helped thousands become debt free. It can take several years to finish paying off all your bills.

Bankruptcy is a last resort. Use it only after you have exhausted all your other options.

Think hard about the consequences of having ruined credit for 7 to 10 years. You can limit your job prospects among other things.

So what to do next? What do you do with these debt cures?

Learn more about debt settlement. The Zipdebt program is the best source I’ve found on how to do it yourself debt settlement and debt negotiation.

If you feel it is not for you then check out the Debt Into Wealth system. They have a special offer now where you can get the best debt elimination plan for under $10.

If you want to find out if debt consolidation will help, get a free online quote from Care One credit Counseling.

You can search this site for more details about the debt snowball.

I wish you the best start to the New Year.

You don’t have to suffer from credit card debt any more. There is so much help out there.

Let me know your thoughts or opinions.

Thank you for reading,


Debt Cures Reviews

How Fast Can You Get Out Of Credit Card Debt in 2010?


NEW YORK - MAY 20:  In this photo illustration...
Image by Getty Images via Daylife

Even though Christmas is right around the corner, it’s hard for me to get excited about the holiday season as I have so much credit card debt that I would be happy to give away to someone else. And I know I’m not alone. And you are not alone if you are struggling with massive credit card debt that it’s hard to think about anything else. But there is hope. There is plenty of help out there.

To start with, you can get a free debt analysis from Care One Credit counseling. They have experience with over 4.5 million people working out debt solutions for their problems. They have a custom solution for you. You can get a free debt consolidation quote online with no obligation and find out how much you can save. You may just find out that debt consolidation is not the right program for you.

Once you realize that you can get out of your credit card bills faster than you thought you could, the sun may shine a little brighter for you.

Why debt consolidation over bankruptcy or debt settlement? Because of the massive prevalence of scams out there, you may feel that either one of these options is not for you. And that is okay. Debt consolidation can help you with your medical bills, student loans, unsecured personal loans, and of course your credit card debts. You do not have to do anything you do not understand or feel comfortable with. You can get a free debt consolidation quote and find out what you can save per month with a lower interest rate and how soon you can get all your bills paid off.

You can get a fresh start in 2010 and beyond.

Have a great day!


Debt Cures Reviews

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Are you struggling with paying down credit card debt? Looking for debt cures?

Why does it seem like it is so hard to get out of credit card debt? Could it be that any late fee or over the limit fee negates any progress you might have made this month? You could be a on-time payer for years and just miss one payment by a few days and have your interest rate double or worse.

The credit card companies have no problem kicking you when you’re down. If you miss one or two payments they will cut your credit card limit to within a few dollars of your current balance so if you continue to miss payments they will sock you with $78 in fees each month you miss. You get charged a $39 late fee and a $39 over the limit fee. Not to mention your interest rate will probably hover around 29% which makes it almost impossible to pay down credit card debt.

For situations like this is why Kevin Trudeau comes out what a book promising Debt Cures that can get the credit card companies off your back, waive late fees and other fees, and reduce your interest rates, and help you eliminate your credit card debt. Not to mention the possibility of getting free money from the government. He now has a new book called Free Money that goes into more depth on getting your free money.

So how do you pay down and eliminate your credit card debt? Well for one thing if you are struggling to come up with the minimum payment right now, you are not going to save your way out of debt. You’ll be saving money and earning 1% interest at most while paying up to 29% in interest on your debt. There is just no way you can get ahead this way.

You may already be working a second job and it still may not be enough. What this economy it is hard to make extra money but that does not mean it is impossible. I’m still making a couple hundred dollars extra per month with the Hubpages I created a few months ago.

Bankruptcy and debt settlement are also options. I’ve discussed the pros and cons of each in a previous post. One thing I forgot to mention to was that if you are on a fixed income, bankruptcy may be a better option than debt settlement. You can find out by getting a free bankruptcy evaluation. But other than that, debt settlement is a better way to get debt relief without all the consequences of filing bankruptcy.

A question you may be asking is why don’t the credit card companies lower my interest rate when I call them? The credit card companies are not going to work with you if you are a good customer. They have no reason to lower your interest rate if you are paying on time every month because you are making them money. It is only when you fall behind on your payments that they risk losing money on your account. This is when they will start working with you and offering hardship arrangements and lowering your interest rates.

To sum up, those are your options for paying down credit card debt. Make more money through a second job or freelance work and use bankruptcy or debt settlement to reduce your balances. Those are the debt cures that work. You can learn a little bit more about them by getting Kevin Trudeau’s book or just reading several posts on this site. I’ve reviewed the entire book chapter by chapter for you.

Thanks for reading.

Have a great day,

Adam Tijerina

Debt Cures Reviews

Bankruptcy or Debt Settlement For Debt Relief?

If you find yourself under a massive load of credit card debt you have probably been looking at ways obtain debt relief. Either that or you’ve been hiding your head in the sand avoiding your creditors calls. This is not going to make the problem go away. There are two choices you can look at, one is bankruptcy and the other is debt settlement also known as debt negotiation. Debt settlement is when you negotiate with your creditors and reduce your outstanding credit card debt by 40% to 60% of what you owe.

There are several benefits of using debt settlement for debt relief over bankruptcy.

The biggest benefit is that you are not filing bankruptcy. Debt settlement is an alternative to bankruptcy. With bankruptcy, you could be forced to liquidate some of your assets such as your car and furniture to pay back your creditors. You will also ruin your credit for 7 to 10 years. Your bankruptcy filing will also be in the public record for anyone to see. And worst of all, you may still have to pay back most of what you owe over a five-year period.

Another benefit of debt settlement was mentioned earlier, you can reduce your total balances by an average of 40% to 60%. Do a quick calculation in your head and add up all your monthly minimum payments and then cut that number in half.

Now imagine paying that amount for the next two years and then being totally debt free. That is what is possible when you use debt settlement for consumer debt relief.

Do you know of a better debt cure than that? Find out more about debt settlement

What kind of debts can you eliminate?

Unsecured credit card debt is the most common. You could also settle your medical bills, your hospital bills, gas or store cards, and unsecured personal loans.

What kind of debt can you not eliminate?

IRS tax debt, alimony, child support, mortgages, student loans and car loans are unable to be settled with debt negotiation.

If you would like to save thousands of dollars in interest, late fees, over the limit fees, and other fees for credit card banks charge you and be free from your debt in half the time you thought possible, talk to a free debt counselor from the folks at Debt Consolidation Care. They will discuss your personal situation and suggest the best debt solution for your problems.

Having looked at a lot of “debt cures” and debt settlement has been the best one I’ve seen. It has many advantages over bankruptcy and it is one you should learn more about if you are struggling with massive credit card debt.

Click here for free debt counseling

Have a great day,


Debt Cures Reviews