Debt Relief Options: Which solution is right for you?

LOS ANGELES - April 8, 2013 - PRLog -- Are you struggling with debt?  You are not alone.  Millions of Americans are struggling with sky-high credit card interest rates, stagnant wages, and unstable employment.  If you are looking for a way to resolve your debt, take some time to weigh the pros and cons of your different debt relief options.  The important thing to know is that there is no one-size-fits-all solution.  The solution that is right for you depends on your specific circumstances.

Get Started With Credit Card Debt Relief:

http://www.nationaldebtreliefprogram.org/

Debt Consolidation

Debt consolidation typically refers to a secured loan (like a mortgage refinance loan) that is used to pay off debt with other creditors. A debt consolidation loan may be a viable option if you own a home. Debt consolidation may be right for some people, particularly if you're not at risk of falling behind on your new consolidation loan payments and have the discipline not to charge back up the credit cards that were paid off.

Credit Counseling: Will you benefit?

Credit Counseling is a debt relief option where clients could potentially benefit from lower interest rates, reduced fees and a lower monthly payment.  Credit counseling is typically designed for Americans with significant debt burdens who are having trouble making minimum monthly payments. Amongst the different kinds of help available to Americans struggling with debt are the services of Consumer Credit Counseling Services, or CCCS firms. If you are struggling with credit card debt and can’t seem to make any headway in paying it off, you should examine credit counseling.

Get Started With Credit Card Debt Relief:

http://www.nationaldebtreliefprogram.org/eliminating_cred...

Debt Settlement

Debt settlement, also known as debt negotiation, debt reduction, or debt resolution, is the process of working to resolve debts for less than what you owe. Typically, a debt settlement firm acts as the consumer’s advocate, working to lower principal balances and to resolve debts so that the consumer can achieve financial freedom. There is no conflict of interest exists with creditors, because the debt settlement provider receives no payments from credit card companies and acts solely as the consumer’s credit advocate.

National Debt Relief Program offers a free debt analysis which can be taken advantage of at their website:

http://nationaldebtreliefprogram.org/ (http://www.nationaldebtreliefprogram.org/)