Friday, July 15, 2011

Can America Afford Not To

Our country is in debt. Not only is our government in debt but we as citizens  are in debt
ourselves and the problem is getting worse. 

Recent studies have shown that 609.8 million cards are held by U.S. consumers. Each card holder
holds an average of 3 (three) cards. Ninety percent of Americans have at least one credit card
and they are using that card ALOT.

The average family carries a balance of between $10,000 and $15,000 on all of their credit
cards. Over $1500.00 per family goes on interest every year.  And that's just the average, some
people owe much more.

Overall, consumer debt is 2.43 trillion  793.1 billion is revolving debt of which 98 per cent
is credit card debt.  If debt continues at the current rate, then one family in a hundred will
be forced into bankruptcy.  Over 90 percent of Americans' disposable incomes are spent paying
back debts.

When you add credit card debt to the regular bills we have to pay each month, it can devastate
a pocketbook. which can tax one's mental stability.  As a result, some bills go unpaid and
others are paid late.

Both of these instances can damage your credit, sometimes so much that you think there's no way
you'll ever be able to get out of debt and live a normal life.(I call it BC, before credit)

The truth is that you can get out of debt and restore your credit to nearly what it was before
you had credit problems.  It takes some time and a little work on your part but it IS possible.

The secrets of the credit system revealed in this soon to be released powerful and lifechanging
guide.  It's called "Give Yourself Credit Too "   Instead of being a victim, use the system to your
advantage.  It's legal.  It's fast and it lasts a lifetime.

Loan approvals and such depend on your credit score.  That number is what determines if you can
get credit, what your interest rate will be, and how much money potential lenders will give
you. It tells you Where to apply and  what to show and say that is music to the lender's ears. 

A good median score is 750 but the higher your score is, the more financially soild you are.
This guide which some refer to as  the Credit Bible is the great equalizer.  Revealing the secrets of the
system and turning  the tables on the money changers.  The average man and woman finally has a
There is life after debt.    There is hope for a brighter tommorrow. 

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