subject: Is Bad Debt Making You Nervous? [print this page] Are you in excessive debt? Is your debt in excess of $10,000? Are you looking for solutions? If you have been looking for solutions then you must have come across some programs. If you haven't then no worries, read on to know about two programs currently working.
The government has introduced a bailout package which would bail out American citizens under debt and also large companies. The threshold to qualify for the program is to have a debt in excess of $10,000. It is understood that a debt of this amount is a certain cause of stress and is a detrimental to your lifestyle.
That's the way they make money and that's their way of doing business. They may claim that they care about your wants. Really? No they don't care, they care about their own money owed to you and that is it. The minimum payments program they provide for debt return is lower than the interest that accumulate monthly and so you get swallowed further deep in to debt.
Never trust them with their claims of care, your relationship with them is monetary and they will stop hounding you when you pay them back their money.
So, now you know some truth about their nature of doing business. If you are in debt you should now be scared enough never to venture back to accumulate debt. Lucky for you there are a couple of programs available that let you off the hook from the debt problem. Contact your local finance office immediately, or contact your debtors and try to come to terms with some settlement amount that is manageable by you.
by: James Jefferson.
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