This website is not affiliated with any government agency, political party, lending institution or program.

News for Public Officials  

 

Find Out If You Qualify for Private Debt Bailout Plans to Eliminate Your Credit Card Debt

 

Can't Pay Your Credit Card Statement?

You Could Be Debt Free Soon!

New regulations and stimulus initiatives are motivating banks and credit card lenders to forgive debt.

  Reduce Your Credit Card Payments by 50%

Last year, millions of people needlessly lost their homes to foreclosure or were forced into bankruptcy while waiting for a federal bailout. This year, more and more people are actually canceling credit card debt with  personal debt relief plans. The plans make it possible for consumers with a minimum $10,000 total credit card debt to legally eliminate half your debt without filing bankruptcy. The banks have their bailout - Now its your turn!

According to the White House more than three-quarters of American families have credit cards and roughly half of them carry a balance from month to month. The average debt among families with a balance $10,000, and roughly one-fifth of those with credit card debt pay interest rates higher than 20 percent. Now more than ever before, it is important for consumers to quickly determine if you are eligible for debt relief. Best of all, Now it's FREE to determine which plan is right for you just by completing a simple 20-second form.

Are You Eligible?

If you qualify, you may be able to :

 


"The days of any time, any reason rate hikes and late fee traps have to end," President Obama told a group of top credit card executives then announced the credit cardholders bill of rights.

The Credit Cardholders’ Bill of Rights Act of 2009:

  • Protects cardholders against arbitrary interest rate increases
  • Prevents cardholders who pay on time from being unfairly penalized 
  • Protects cardholders from due date gimmicks
  • Shields cardholders from misleading terms 
  • Empowers cardholders to set limits on their credit
  • Requires card companies to fairly credit and allocate payments 
  • Prohibits card companies from imposing excessive fees on cardholders
  • Prevents card companies from giving subprime credit cards to people who can’t afford them
  • Requires Congress to provide better oversight of the credit card industry

More Ways to Stimulate Your Economy

Start Now! Time is Running Out!

Reduce Your Credit Card Payments by 50%

 

See if You Your Mortgage Qualifies for Bailout Restructuring

 

Recycle Your Clunker Car for $4500 in Stimulus Money

 

Get $4000 Stimulus Grant For College and Career Training

 

 

 

 
 
This website is not affiliated with any government organization or program. News for Public Officials is dedicated to providing the best in news, press releases, the latest laws and services to help elected officials better serve the people who elect them.  The information and notices contained on this website are intended as general research and information and are expressly not intended, and should not be regarded, as financial or legal advice. We attempt to ensure that the material contained on the web-site is accurate and complete at the date first published, however you should recognize that information contained on this web-site may become out of date over time. Readers who have particular questions regarding financing or foreclosure, or who believe they require legal counsel, should seek the advice of an attorney. To learn more about the government plan please read MakingHomeAffordable.gov (pdf)  |Send this page to a friend  | Privacy policy and disclaimer

Get Private Debt Relief Plans to Eliminate Your Credit Card Debt debthelp101