President obama credit card reform- Legally Erase 50% of Your Debts!

May 3, 2010 - PRLog -- Got a large amount of credit debt? The average American now carries over $10,000 in unsecured debt.

The good news is that there are new tactics that you can use, as well as laws that are in effect, that work to help you get out of debt by 50-60% or more.

The Obama credit reform bill is one of those options available to you.

If you’re currently making payments in full, then this article is for you! These tactics that we’ll talk about are not very well known in America, and so the credit card companies aren’t aware of them yet. This program, coined the Obama credit card reform bill, works to stop the endless cycle that is made by common credit card companies like Visa and MasterCard.

Fact: The Obama credit car debt bailout program can help you finally get debt free and stay debt free.

The days are drawing near to when everyone will be debt free, and will be able to use charge cards without having the fear of endless debt payments!

Fact:New information from private companies is now being made public to help mmwout everyone in America with their debt problems.

Fact: Did you know that a $5,000 credit card balance can take up to 20 years to fully pay off? If you’re not deliberate and careful about debt, it can build up very quickly.

For most people, a charge this size would destroy their credit report. However, there is information out there, as well as people and companies, that are willing to help you with your credit debt. Companies that stand behind Obama and his cause to get everyone out of debt.

Most American families average around $10,000 in credit card debt. Don’t let this be you any longer!

You can now legally and ethically erase credit debt. There is no reason to stay in debt when you do not have to be.

Take advantage of your rights.

http://eliminate-your-credit-card-debt.com