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We encourage our members to share any stories or advice they may have on how to get out of debt. By doing so not only can you help others who are also struggling, but you can earn some extra income to help you pay off your debt. This is a revenue share site and our members are paid for each unique impression to blog posts they create on Destroy Debt. Sign up and start your blog.
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Here is the current status: Total Credit Card Limit = $7700.00 / Current Balance Owed = $7535.00 / Current % Debt = 97% Yes, the current balance owed is up, however there were some hiccups.  One being my health insurance has not sent my EOB this month to get reimbursed for my co... [ READ MORE ]
The proliferation of Americans that have fallen into what we call the “debt trap,” has increased significantly within the past two years. I am confident that comes as no surprise to anyone familiar with this just by picking up a newspaper or watching the news. I think it started with the housing ... [ READ MORE ]
As a Christian company that specializes in helping individuals and small businesses get out of debt, it comes as no surprise that the weight of a recession, joblessness approaching 10% or higher in some states and the fear of inflation just around the corner, one could say, these are the worst of ti... [ READ MORE ]
Currently, the average consumer has a credit card with a credit line of at least $4000 and about a quarter of Americans admit to maxing out at least one credit card. Obviously, people are in need of simple solutions to sooth the burdens of being buried in debt. A non-profit debt consolidation pr... [ READ MORE ]
We're offering our free financial guide by Fannie Mae to anyone who wants to verify their name and address to be mailed the free financial booklet. Your information will not be sold or used for any other reason. Knowing and Understanding Your Credit is a 28 page financial guide to help consu... [ READ MORE ]
Consumer credit counseling and consumer debt settlement are applicable to different circumstances but have same results. You have to choose the services according to your situation and then move further. Consumer Credit Counseling (CCC) is basically for those in search of financial aid. With ... [ READ MORE ]
Credit is serious business and its tied into every aspect of life. Your credit is checked for everything these days. Car loans, rental property, even jobs now are running credit checks for employment eligibility. Improving your FICO score and fixing your overall credit is no easy task. Like losin... [ READ MORE ]
Credit Card Debt Statistics According to Moody’s Investors Services, the U.S. Credit-card defaults rose to a record during the month of September and more losses lie ahead as delinquencies rose for the first time since March of this year. What does that mean to you and me? We are not paying ou... [ READ MORE ]
Like the rest of us, most consumers are having trouble paying their credit cards bills. With the crumbling economy and unemployment rates soaring its no secret why a lot of consumers are falling more behind on their unsecured debts. More bankruptcies filed this year show that problem isnt going a... [ READ MORE ]
Greetings from Debt Land!!!! Well, the month of September saw some small progress and minor set backs, but still we are steady as she goes.  I've decided that I am going to post my statistics from this point forward so that I can track it better. Total Credit Card Limit = $7700.00 / Curre... [ READ MORE ]
Everyone has their primary reason for wanting to pay off their debts with the most important purpose underlying the plan – to save money. With APRs at extortion rates between credit cards and personal loans its near impossible to get out debt. Many Americans are simply maintaining their debts by... [ READ MORE ]
Visa is the new Mafia and you’ve been marked for death by debt. You remember that class in high school about how to manage your credit cards? Neither do we. With no education available and most consumers first establishing credit around the same time you can buy alcohol it would seem the system ... [ READ MORE ]
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