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Non-Profit Group Begins Educational Ads

Consumers owe $13.8 trillion dollars to loan companies. 54% of workers worry about how much they owe. Consumer debt is growing 6% annually. Facts like these do not get circulated enough.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Jul 22, 2008 -
Starting August 1st, BeatingDebt.org will begin a new project of buying internet advertising space to gain more exposure that details the growing negative effects of debt.

Many consumers do not know about the debt epidemic that is growing in our households. Collectively, consumers are contributing more to the nation's debt than its own government is. Many organizations advertise the government's irresponsibility with finances by creating their version of a "National Deficit Clock." However, looking at it more broadly, consumers are borrowing more at a greater percentage than the federal government is, according to the Federal Reserve (http://www.federalreserve.gov/releases/Z1/Current/z1r-2.pdf). From August 1st, BeatingDebt.org will sponsor educational advertisements to alert consumers of this growing problem and the many problems it creates in their personal finances.

Many social problems stem from the mismanagement of personal finances. BeatingDebt.org is dedicated to bringing this knowledge to consumers to help turn the tide of growing debt. Through these educational advertisements, BeatingDebt.org will help raise awareness of the growing negative effects of debt.
If you would like to more information on this project please contact us at:  http://www.beatingdebt.org/EducationalAds.htm.

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BeatingDebt.org is a 501(c)(3) tax-exempt organization dedicated to educating individuals on the joy and freedom experienced from beating debt using Biblical principles. Hebrews 12:1 – Therefore, since we are surrounded by such a great cloud of witnesses, let us throw off everything that hinders and the sin that so easily entangles, and let us run with perseverance the race marked out for us. Changing Lives One Bill At A Time.

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Contact Email:
Source:BeatingDebt.org
Phone:910-378-0663
Address:PO Box 72732
Zip:37407
City/Town:Chattanooga
State/Province:Tennessee
Country:United States
Industry:Education, Internet, Non-profit
Tags:, , , , , , ,
Last Updated:Jul 22, 2008
Shortcut:http://prlog.org/10092223
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