Finally get out of debt, avoid bankruptcy, and costly debt consolidation. With our "Debt Busters System" you will know exactly what it will take get your debt under control, take the right steps to pay off your creditors, and how to win back your financial freedom once and for all.
Here are some basic credit facts that you should know:
- The most recent Federal Reserve study showed that 43% of U.S. families spent more than they earned. On average, Americans spend $1.22 for each dollar they earn.
- The average interest rate charged by credit cards is 14.71%.
- The average household has more than $8,000 in credit card debt, up from about $3,000 in 1990. An $8,000 debt at a rate of 18% interest will take more than 25 years to repay and cost more than $24,000.
- The average debt as a percentage of household income is 8.0%, though it is in double digits for people earning less than $40,000 a year.
- Over 40 million Americans live under the daily stress of being in debt. A recent Gallup poll revealed that that over half of all Americans has at least one credit card that they do not pay off in full each month. Essentially using the credit card for a short term loan.
- Over 1.5 million people on average seek credit counseling yearly seeking guidance for their financial situation.
Even if you are facing bankruptcy there is hope! Even if you struggle to keep up on your current bills there is hope! Even if you cringe at the sound of the telephone or the mailman.... The "Debt-Busters System" can show you how to get out of debt in the shortest amount of time and save you money.
Here is an outline of the valuable information available to you in the course you will learn the following:
- Winning strategies for staying out of debt once you get there
- Step by step system to take back control of your finance situation
- Simple steps to keep creditors off your back
- Sample letter templates to help you contact creditors
- Learn the truth about debt consolidation loans and how to use them to your advantage
- How to eliminate debt without going bankrupt
- How and why to avoid costly mistakes of using credit counseling services
- Discover how and why you should pay off your mortgage early
