Debt\’s Ceiling on the Middle Class

Our country is in debt. Not only is our government in debt but we as citizens we 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) Where one Uses credit for important purchases,things like a home,a newer car or a vacation,

not everyday living accesses.

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 just released power filled and lifechanging guide. It\’s called \”GOOD CREDIT MATTERS\”. 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 system and turning the tables on the money changers. The average man and woman finally has a chance.

Students and young folk beware, there are a few important things that your parents, your family, your teachers, your ministers or your friends.didn\’t warn you about …the debilitating danger of debt.

Right here, right now, this guide is going to drop some important knowledge on you that will keep you from suffering this painful and life consuming situation.

There is life after debt. There is hope for a brighter tommorrow. Get this 21st century

miracle guide. \”GOOD CREDIT MATTERS\”.

We must strengthen ourselves financially. Everyone of us. It\’s the least we can do while we wait for our leaders. Free information on working ourselves back to the top. http://mydebtcreditrepair750.com Mr. Al Smith is the author of the most talked about credit guide of 2011, \”GOOD CREDIT MATTERS\”

We must strengthen ourselves financially. Everyone of us. It\’s the least we can do while we wait for our leaders. Free information on working ourselves back to the top. http://mydebtcreditrepair750.com Mr. Al Smith is the author of the most talked about credit guide of 2011, \”GOOD CREDIT MATTERS\”

Author Bio: We must strengthen ourselves financially. Everyone of us. It\’s the least we can do while we wait for our leaders. Free information on working ourselves back to the top. http://mydebtcreditrepair750.com Mr. Al Smith is the author of the most talked about credit guide of 2011, \”GOOD CREDIT MATTERS\”

Category: Finances
Keywords: credit,good credit, good credit matters,credit score, debt, creditors, credit repair

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