What you’re about to discover WILL shakethe debt relief industry to it’s core and itis for this reason that they will force thisnetwork to take this video downAt any moment so watch it NOW before it’s to Late…

Do you have credit card debt?Do you have credit card debt?

Do you want to settle your debt?Do you want to settle your debt?

Then Pay close attention!

Because I’m about to show you the secret and FATAL flaws that are

built into the debt relief industry and how to avoid and capitalize upon

them

But first a little bit about Me!

Hello My name is ceecee and I am a 27 year old women who has beensuffering from credit card debt sense I was sixteen yearsold it got so bad that I had to work two jobs just to paythe interest. Then It was then that I finally saidENOUGH! And I went on a search to find a solution to my problem and after alot of research, dead end leads and misplaced investments I found out that thedebt consolidation industry has several mistakes built into it. And you knowwhat, I finally figured out how to beat thee creditors at there own game. And he is what Ilearned.

Now lets get down to business!

If you want a good credit card debtsettlement, you must try to avoid as many ofthe following methods or mistakes. Most ofthem include pointers on what you shouldavoid if you do not want your credit carddebt to continue escalating.

Closing Your Account

Some people become extremely fed up with their credit card debt due to their inability to meet the rising interest rate and debt. Therefore, most opt for the easy way out, which is to close their accounts. While this solves one aspect of your problem, it offers another type of dilemma. Doing so will cause your credit rating to take a massive dip.

Closing Your Account cont…

Here's a solution that you can try. If you have determined to not want to use the cards, then set it aside. You need to really fulfill the promise to not use cards in any of your purchases again since it can easily add up to your debts. Meanwhile, make sure to continue settling any other existing credit card debts while you help yourself by not adding more damage.

Opting To Settle Minimum Balance

This is one mistake that people often make when paying offtheir credit card bills that often result in rising credit carddebts. When you are using credit card to make purchases,it is easy to believe you have an unlimited pool of money.That is when excessive splurging comes into play thatcauses unimaginable credit card debts. If you pay only theminimum balance, your creditors could care less becausethey will be getting a percentage of interest on that. ,If youcan, try paying double your minimum amount in order torelieve yourself from mounting interest that could really hurtyour financial status and increase your debt.

Paying High Interest RateThis is an obvious mistake that most debtors oftenmake when trying to settle credit card debts. Sincebeing able to settle all of your debt is alsoin the interest of your credit card company, thenyou need to negotiate a meeting point when itcomes to your interest rate. Once youhave agreed on a lower interest rate, look intomaking punctual payments to avoid adding morelate payment charges on your balance.

Debt consolidationDebt consolidation is a debt relief option that is alreadybecoming quite popular among people with debt problems.While this has helped quite a few people settle their debts

andreturn to a smoother financial status, it is not always thebest option to relieve you of debt. If you're not familiar withthis method, debt consolidation is when you find a newcreditor that will pay off any of your existing debts then; youwill have to settle those accounts through your new

creditor.

Debt consolidation cont…The convenience offered by debtconsolidators is that younow have only one debt to settle, asopposed to multiple of them. Plus,negotiating for a low interest rate on yourdebts is possible but it willextend the life of your loan and paymentperiod.

Debt consolidation cont 2…

Of course, these debt consolidators don't do it if there's no benefit for them. Debtors are given an up-front fee at some consolidating companies while a statement of having “third party assistance” will be reflected on your credit report.

Credit card debt counselingThis method enlists the help ofprofessional debt counselor. Their role is to dothe negotiating with your credit card companyin the hopes of reducing your currentcredit balance. Some might even suggest youget into a debt consolidation program oncethey have assessed that it would help alleviateyour financial condition while eliminatingcredit card debt.

Credit card debt counseling cont…

You will typically start off with basicmoney management and they would helpyou come up with a sound budget plan.The idea here is to not only helpan individual get out of debt but toimprove their financial managementability to ensure that they put an end tothe debt cycle.

If you want to find out more about any of the previously mentioned

solutions or even discuss your debt problems then drop by my blog

http://CREDIBTCARDDEBTRECOVERY.INFO