Released on = July 4, 2006, 5:38 pm

Press Release Author = Dens Resource Center

Industry = Financial

Press Release Summary = Doing something about large credit card dept. Here are some
help full tips.

Press Release Body =
FOR IMMEDIATE RELEASE
7/6/2006


Credit Card Debt: How To Deal With It

Doing something about large credit card dept. Here are some help full tips.

Do you have a hard time paying your credit card bills? Starting to get notices from
waiting creditors to pay? Worried that you might lose your properties like your
house because of credit debt? Chin up: Dealing with credit card debt is not as hard
as you may think.

If there\'s any consolation, you\'re not the only one facing such situation. At some
point, many people like you face financial crises with credit card debt. But you
must remember that your financial situation doesn\'t mean it should go straight to
the dogs, making it worse than as it is.

Here are some tips to help you cope with your credit card debt:

Make a Budget. If you want to have a grab of your financial situation before you
lose everything, making a budget is what you should do first. Assess how much do you
get from your income or other means and your expenditures. For example, if getting
that posh apartment means you have to limit your meals to once a day, then it is not
a great and sound budgeting decision. Your goal is ensure that you can answer for
all the basic necessities: food, housing, clothes, health-related costs, among
others.

Contacting Your Creditors. Remember: Running away from your creditors is not the
answer. It is not a solution, and may in fact lead you to bigger problems. If you
are having trouble paying off your debts, address this immediately with your
creditors. State to them sincerely and fully the reason why it has become hard for
you to pay these debts, and check if they could give you a revised payment
arrangement that will put you at ease on your payment terms. Do not let creditors
turn over your situation to someone or an agency to do the collecting for them, as
this means that they have given up on you.

How to address Debt Collectors. There is a law that gives certain conditions for
debt collectors as to when and how they should ask you to pay. The federal law, Fair
Debt Collection Practices Act, clearly states that those collecting debts may not
bug you, give false assertions, or do practices that are not fair when they are
getting to collect money from you.
Credit Counseling. You could also consider getting the aid of groups or institutions
that will help you in your problems. If you managed to have an improved payment
arrangement of your debt with a good credit counseling organization, creditors may
approve of your proposition and accept your modified arrangement plan..



Call on the media to contact you

Contact Dennis Daw for more insights into this topic. Email: den@dens.com Other
helpful information regarding the can be found at: www.creditcarddebt.dens.com.



For More Information Contact:

Dennis Daw
den@dens.com
http://www.creditcarddebt.dens.com



Web Site = http://www.creditcarddebt.dens.com

Contact Details = Dennis Daw
126 Long dr.
Irwin , 15642
$$country

724-953-3128
den@dens.com
http://www.creditcarddebt.dens.com