Are There Federal Government Debt Relief Programs?
Did you know that almost 90% or more of bankruptcies are a result of bad debt hat is owed to credit companies Because of this, many have search for a federal loan consolidation program however, since our creditors have already been bailed out by the grants from the government, we can have a personal “bailout” too, not to be confused with what the government did for credit companies. Fact: Your creditor is hoping you charge more and more and only make your minimum payment, this way, they can keep you in debt for your entire life. This is why US legislation has had to step in a regulate credit companies. In getting what consumers are calling a personal debt bailout, many people have had their credit card debts drastically reduced. Did you know that your creditors “job” is to put you in debt? This is many are asking about government debt relief programs, because they are sick and tired of paying high interest fees. In fact, many of American families have over $20,000 in debt! When the Uni
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