Approximately 14% of all American carry ten or more credit cards at a time. There is no further doubt how much Americans lover their credit cards. The love with credit cards in on a rise since the last decade and this can be determined by the ever increasing use of credit cards. Unfortunately the problem is that credit card companies are charging money on all the debt. Credit card bill consolidation is a means people are employing to get out of all this debt.
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According to the new law into effect since the 20th Aug, 2009 the old ways through which the companies’ extracted money have disappeared. This leaves the companies charging higher initial interest rate and starting annual fees for their customers. For some customers this could mean more cost on their cards even if they have regularly been making their payments.
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This is exactly where debt bill consolidation falls into place. There is absolutely no need for a person to pay five or six times the principle amount. The better way is to combine all the debt and negotiate with the company. This is where we come in. Acreditconsultant.com can help you rise out of credit problems. We will further negotiate your credit with the credit card companies. We also make you an escrow account and disburse the amounts to the creditors. You will still need to take a loan but you will be paying a reduced amount and instead of dealing with multiple credit card companies you will have to deal with only one lender.
After one is done with debt and bill consolidation it is often seen that people fall again in the same trap and end up with the debt a year or two later. Thus it is important to learn the lesson right and deal with the finances intellectually. We not only guide you with a free customized quote but also teach you techniques to never lose control over your finances again. So what are you waiting for? Click and fill.
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