Credit Card Debt Management Tips Get Completely Out of Debt, Today!

Review credit card debt management services and total credit card debt elimination tips anyone can use legally get out of debt. Learn the key to debt elimination!

NOW! Imagine what you will feel like, when you wake up one morning and absolutely know that all of your debts have been eliminated.

Here`s how we have been taught to charge, charge, charge and promised easy monthly payments by bankers who seduce us into debt. So its no accident that the finance and loan companies end up with most of our money, while we end up with all of the bills.

Millions of Americans are living on the edge of financial disaster surviving only on the hope of next week's paycheck. The average American is dying under a load of debts, with little or nothing building in the bank or in investments.

Credit card debt management tips!

See for the first time how the entire way our economy works, is designed to make you work yourself to exhaustion--simply to accumulate wealth for the companies you do business with.

The most staggering example of this is a home mortgage. Say you bought a home with a 30-year conventional or adjustable rate mortgage, you will pay for that loan about 3 times. Just multiply out your payment times 360 months and you will see that the total is about 3 times the value of the money you borrowed.

Say you buy a $250,000 home, with a $200,000 mortgage; you will end up paying about $600,000 over 30 years. This means that you will pay nearly $400,000 dollars in interest! Just for the privilege of using their $200,000.

That means that two-thirds of that total is interest. Interest is the profit the Mortgage Company makes for lending you the money to buy the house. And they feel that you should pay them back 3 times. That's 200% interest!

Credit card debt management services!

Now let these words soak into your mind and heart: You will have to work...week after week...year after year...to earn FOUR HUNDRED THOUSAND DOLLARS---Just so you can give it to the bank to make them rich!

This shows how bad it really is to use bank cards and to make only the minimum payments!

Suppose you bought $2,000 worth of furniture on a typical (19.8% interest with a $40 annual fee) credit card, and you paid only the minimum monthly payments requested by the credit card company (here's why they only ask for a minimum payment), it will take you 31 years and 2 months to pay it off.

Plus--In addition to the original $2,000 cost of the furniture-- you would have paid $8,202 in interest,(if you make the minimum payments) just for the privilege of using their $2,000! That's five times the furniture's value! Long after you had thrown the furniture out, you would be draining your wealth away paying for it.

Banks, finance, creditors and credit card companies have encouraged indebtedness.

According to a study by the United States Department of Health and Human Services, 96% of Americans never achieve financial independence. They end up depending on charity, family, government welfare or they're forced to keep working just to survive!

Credit card debt management, Why turn your hard-earned money over to the credit card companies? When you don't have too. Follow a proven debt management plan!

A new survey by the American Bankers Association found that 45% of bank card holders with incomes between $50,000 and $100,000 never pay off their balances. Many others don't even make the minimum payments and fall behind on the interest. (Palm Beach Post, Oct 7, 1998)

Credit card debt management tips, shows how the average American will make over $1,000,000 in his or her working lifetime, and will have as much as 60% to 80% of their money Legally Stolen from them in the form of many different types of federal, state, local taxes and interest on borrowed money!

Are you tired of living paycheck-to-paycheck, month-to-month, making minimum payments, with little hope of ever getting ahead, learn why settling bank card debt is so important, today!

Here`s a few credit card debt management tips, You Can Start Using Today!

• Begin by eliminating all debts and repairing your credit.
• Write down everything you purchase, determining where your money is going is half the battle on your road to becoming debtfree and critical to your future financial success. Seeing it in black and white can give you a new perspective.
• Pay cash whenever possible.
• Credit card debt management tips. Suggest that you cut up and cancel all your cards, Using a debit card instead of a credit card gives you all the convenience of a credit card but withdraws money immediately from your checking account, so you can not dig yourself back into financial trouble.
• Never fall into the habit of making only minimum payments.
• Pay the most you can afford.
• Put money-saving tips into practice, when possible shop at outlet malls, wholesale clubs and take advantage of coupons.
• Avoid the trap of thinking in monthly payments.
• Consider the total cost of purchasing goods and services on credit and compare that with cash savings. You'll pay cash every time.
• Compare the interest charged on your debts with the interest earned on your savings and investments. You'll find it makes more sense to resolve all bills before beginning a savings or investment program.
• Debt Consolidation loan be very careful your monthly payments will be lower, but you may lose in the long run, because those lower monthly payments will be spread over a longer period of time. If you don't change your spending habits Now, you could easily end up in worst trouble down the road!
• Credit card debt management bargain for a better deal: Don't be afraid to negotiate with your creditors many will be willing to Freeze your interest on your outstanding balances in return for automatic monthly payments.
• Avoid the Quick-Fix companies. Many will charge you a lot of money Up Front, but very few will genuinely help you in the long run.
• Don't promise away your future income by cashing out part of your retirement savings early to pay down your current debt. You will have to pay Current federal and state taxes, Plus an early withdrawal penalty on that money. You are borrowing against your future, just to pay your current debts and to continue Living a lifestyle beyond your means.
• Credit card debt management tips, Please Avoid filing for bankruptcy.

Have you had enough of working hard to make money ... just to find that your paycheck comes in one day and goes out the next to pay your mortgage, your loans, and your credit card bills?

Credit card management services, Learn how to put all the money you're wasting each and every month (Paying Interest) to work for you.