Golden Financial Services News on Raising Your Credit Score and Debt Relief

Oct. 3, 2012 - PRLog -- The new page that was published today on the GFS site is aimed towards better educating consumers on:

♦ Debt relief information
♦ Debt relief services
♦ Building credit and raising a person’s credit score to be high

The new page that was published today is educational and assists not only consumers needing a debt relief program, but also consumers that are new to the world of credit and wanting to build their credit score to be high.  

GFS believes that Americans need more financial education.

Ruth Adorno, a manager at GFS stated that “consumers need more financial education this day and age.  Young people and college students really need to learn about smart spending habits, credit cards and credit score.  Educating young people will lead to a brighter financial future for people in America.”

A supervisor at GFS, Melissa Arguelles said “when it comes to debt relief, consumers have 4 major options including bankruptcy, debt settlement, debt management and saving money when staying current on credit cards.

If consumers stay current on their credit cards, they need to keep their balances low and preferably below 30% of what their credit limit is.  This not only builds good credit, but also keeps consumers from drowning in debt.  

If consumers are barely making their minimum payments on maxed out high credit cards, then debt settlement or debt management would be viable debt relief solutions.

Bankruptcy should always be a person’s last debt relief option.”

“14% of the US population uses at least 50% of their available credit card limits; these users carry an average of 6.6 credit cards each. The national average credit scores for people with 50% utilization or higher is 645, compared to the overall national average of 674.” (Source: Experian National Score Index)

Many consumers are confused regarding the subject of having a high credit score, along with having an overwhelming amount of debt.  

Debt relief services are not for everyone.    To learn more about debt relief programs and obtaining debt relief without debt relief services, visit Golden Financial Services.  http://www.goldenfs.org

Read the full page that was published today regarding debt relief and credit score by visiting http://www.goldenfs.org/debt-relief-blog/credit-score/

About Golden Financial Services (GFS):

Starting business in 2004, Golden Financial Services has been recognized as one of the best debt relief companies in America that specializes and educates its consumers in the debt relief area. http://www.goldenfs.org/about-us/