2010-08-13 20:02:01 -

SAN FRANCISCO, CA -- (Marketwire) -- 08/13/10 -- Credit card debt relief : & consolidation is an excellent option today for consumers who are buried in personal credit card debt. Relief programs are helping many today get rid of revolving debt, of which credit card debt is the largest. New FTC rules now offer more consumer protection than ever before. Today we discuss options for relief.





Consumers today have a vast number of programs, services and resources available to them to deal with mounting credit card debt. Relief programs are easily and readily available, and are offered by debt relief and debt consolidation providers, as well as banks and traditional lending institutions.



The latter offer credit card debt relief and consolidation programs that work through the use of loans. The lender pays off the loans and debt of the borrower. The borrower then has only a single monthly loan payment to manage. These credit card debt relief and consolidation programs in the way of loans require collateral, and home equity is often used for this purpose.



Credit card debt relief and consolidation programs that are offered through debt relief and debt consolidation providers do not involve loans. Rather, these programs work directly with a person's creditors to either significantly reduce balances, or reduce interest rates and fees. A single monthly program payment to consolidate credit card debt is also established.



This year has seen the enactment of the Credit CARD Act as well as FTC rules regulating fees that can be charged to consumers. Credit card debt relief and consolidation are an excellent option for those who are struggling with credit card debt.



To learn more about credit card debt relief and consolidation and how to get started, please visit National Debt Relief Program : at:



www.nationaldebtreliefprogram.org :



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Contact:

Natalia Kobseva
415-247-0107