Friday, July 25, 2008

The End of your debts is Near!

My cousin Reynan has been bombarded with debts since he started having credit cards. It started off with just 1 card and with minimal limit. He enjoyed using the card for his online shopping and stuffs until he‘s credit provider issued another card with a greater credit limit. And there the problem arises. He uses 2 cards for his buying stuffs until finally he cannot pay his outstanding balances. Uh oh, he’s really in trouble now.

That’s why, he asked me a while ago what I think about debt settlement? Well, I told him that settlement is much more recommendable than any debt consolidation program or any credit card debt consolidation program. Why? Because in debt settlement, it helps settles your debts for 40-60% less than your current balances. Not only that, you can also save more because or less burden on interest add ons that consolidation have.

That’s why I told Reynan to push thru with the debt settlement and ask him to read about credit card new on Yahoo news yesterday. With a little help, everything will be just fine.


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