Debt Continues To Spiral
March 05, 2006 (PRLEAP.COM) Business News
Debt. Debt can be a life and energy sapping force. A new web-site has been designed to help people claw their way back from the brink. Debt Equity Finance brings together many of best resources available today. Allen Jesson, founder goes on to explain: "Debt consolidation is the key. If you let debt get on top of you, it can get even worse. But please don't worry, you are not alone. With billions upon billions being owed to credit card companies around the world, don't think you are the only one with problems. There are millions of people in debt. Do you think that everybody pays their credit card bill on time? To a zero balance? No, of course they don’t. That’s why credit card companies charge such extortionate rates of interest, just to cover the bad debts and the administration costs of chasing borrowers for their payment. It’s because of these high interest rates most people get caught up in an ever-increasing spiral. It’s a bit like getting involved with a loan shark, if you’re not very careful you have no chance of paying off the capital amount, let alone the interest. But like I said at the start, stop worrying about your debt, now is the time to do something about it. You can’t keep doing the same stuff and expect a different result. You have probably accumulated a few bad habits along the way, that “what the heck” attitude to money, finance and debt. Well, it’s now time to address these issues and deal with them. Debt consolidation. You can get out of trouble with debt but if you keep the habits you will soon be back where you started. Okay, enough of the lecture, what are your realistic options? There are ways to take all of your debts and roll them up into one tidy package by using debt consolidation in three very popular forms: Home Equity Loans, Refinancing Loans, and a Consolidation Credit Card. But the best thing is to get some ADVICE first. Speak to the experts, they will give you realistic options. Don’t delay! Do something about your debt TODAY!!!"