Debt consolidation

Published on April 13th, 2017 | by Day Trader

Do You Struggle With Medical Bills, Student Loans Or Credit Card Debt?

Credit card debt options

Debt is a problem many Americans are struggling with as we speak. Debt from overdue medical bills, debt from student loans and debt from a car accident are but a few of the origins that can erupt in the everyday person’s life, leaving them floundering in the dark with seemingly no options. If you’ve found yourself in a similar position, consider signing up for debt consolidation management. Getting a little help from a professional source can do wonders for narrowing down your debt and getting you back on the right track to being debt-free.

Medical Bills And Student Loans

Do you struggle with medical bills or student loans? You’re far form alone. The best debt management companies regularly come into contact with people who are struggling with leftover fees from a doctor’s visit or fees they’ve accumulated on student loans. Studies have shown one in five Americans between the ages of 18 and 24 qualifying themselves as being in some form of debt hardship. If you’re one of the many looking for options, a debt management firm can use their resources (such as a debt settlement calculator or debt relief options) to give a foothold.

Credit Cards And Ongoing Fees

The type of debt with the most stigma, by far, is that of credit card debt. The average American consumer has three credit cards and studies have seen 70% of Americans feeling they are more negatively judged for overdrafts on their card than any other form of debt or fees around. One of the most difficult aspects of tackling credit card debt are fees, that of which can accumulate quite a bit if you don’t pay on time. A debt settlement calculator, however, can give you a step-by-step process of biting into your debt one chunk at a time.

Interest And Changes

This generation sees some unique struggles when it comes to finding help managing debt. For example, household income has grown by a stunning 26% over the past 12 years but the cost of living has skyrocketed to 29% in the same time period. The average American household, with debt, will carry at least $15,000 in credit card debt and as much as $129,000 in collective debt. To get rid of credit card debt you need to use every resource at your disposal, from a debt settlement calculator to asking for the aid of a debt management company.

How To Become Debt Free

Becoming debt free can seem like a distant fantasy. After all, you have thousands of dollars to chip away at while also paying off monthly rent, food and gas. With credit counseling and professional debt management on your side, this far-off dream can be your reality. There are over 4,500 debt agencies across the United States, each with their own specialties and strengths to give you the one-on-one attention you need to start thriving again. When nearly 40% of all American households don’t have enough in financial assets to support themselves for three months at a time, debt needs to be one less factor hanging over your head. Consider signing up for credit card debt management and start seeing some changes today.

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