Are You Over Your Head in Credit Card Debt? - How to Locate Proven Debt Relief Programs Online

April 7, 2010 - PRLog -- Credit cards offer lots of joy to users. The power of buying your favorite stuff and paying late is simply awesome. The power of the credit cards ushered in a consumer economy in the US. But was this power actual or it was a fallacy? Now when you turn back and look at the events passed by you will realize the Credit card guys have taken you for a ride.

As a result most Credit card users are deep in debt and are looking for debt relief. You too are down with more than $10,000 in Credit card debt and are desperately looking for debt relief. The Internet is one of the best places to look for debt relief. However the online programs have a big risk of being scams. You need to make sure that you do not get trapped in a scam.

There are various methods of avoiding scams. Prepare a check list of points to be ascertained before signing up. Your Internet search will return the names of hundreds of debt settlement companies. Make a shortlist of say 10 companies. Here after start applying elimination criteria to filter out the companies. Check if the companies are affiliated with the Association of Settlement Companies. The ASC provides accreditation after proper scrutiny. Then also check out these companies with the Better Business Bureau in your state. This way you may be able to cut out 4 to 5 companies from the short list of 10.

Then get details of each company. Check how old are the companies, and how many cases have been resolved by them successfully. Then contact them on telephone for a physical verification. Once you are in touch with the reps of the company ask them for a draft written contract. By now your list would have been narrowed down to 2 to 3 companies. Then you can sign up for the company that offers you maximum savings. Debt settlement is one of the finest forms of debt relief. But make sure you do not get trapped in a scam.

Bankruptcy is certainly not your best way to deal with debts. Debt relief and debt settlement can certainly make a difference, and eliminate a strong percentage of your debt and in the meantime you will avoid the consequences of having to file for bankruptcy. Make sure you are always informed in regards to the best solution for you, and eliminate as much debt as you can.

# # #

FreeDebtSettlementSolutions is a matchmaker in the debt settlement industry. They have paired up thousands of consumers up with debt settlement companies who are most likely to get consumers the best deal.

http://www.freedebtsettlementsolutions.com
contact us for free debt advice = 8886916918