Debt's Ceiling on the Middle Class
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Alphonso Smith
Mar 27, 2013, 5:50:09 PM3/27/13
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Article Title: Debt's Ceiling on the Middle Class
Author: Alphonso Smith
Word Count: 532
Article URL: http://www.isnare.com/?aid=1058708&ca=Finances
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1058708
Easy Publish Tool: http://www.isnare.com/html.php?aid=1058708
*********************** ARTICLE START ***********************
Our country is in debt. Not only is our government in debt but we as citizens we are in debt ourselves and the problem is getting worse.
Recent studies have shown that 609.8 million cards are held by U.S. consumers. Each card holder holds an average of 3 (three) cards. Ninety percent of Americans have at least one credit card and they are using that card ALOT.
The average family carries a balance of between $10,000 and $15,000 on all of their credit cards. Over $1500.00 per family goes on interest every year. And that's just the average, some people owe much more.
Overall, consumer debt is 2.43 trillion 793.1 billion is revolving debt of which 98 per cent is credit card debt. If debt continues at the current rate, then one family in a hundred will be forced into bankruptcy. Over 90 percent of Americans' disposable incomes are spent paying back debts.
When you add credit card debt to the regular bills we have to pay each month, it can devastate a pocketbook. which can tax one's mental stability. As a result, some bills go unpaid and others are paid late.
Both of these instances can damage your credit, sometimes so much that you think there's no way you'll ever be able to get out of debt and live a normal life.(I call it BC, before credit) Where one Uses credit for important purchases,things like a home,a newer car or a vacation,
not everyday living accesses.
The truth is that you can get out of debt and restore your credit to nearly what it was before you had credit problems. It takes some time and a little work on your part but it IS possible.
The secrets of the credit system revealed in this just released power filled and lifechanging guide. It's called "GOOD CREDIT MATTERS". Instead of being a victim use the system to your advantage. It's legal. It's fast and it lasts a lifetime.
Loan approvals and such depend on your credit score. That number is what determines if you can get credit, what your interest rate will be, and how much money potential lenders will give you. It tells you Where to apply and what to show and say that is music to the lender's ears. A good median score is 750 but the higher your score is, the more financially soild you are.
This guide which some refer to as the Credit Bible, is the great equalizer. Revealing the system and turning the tables on the money changers. The average man and woman finally has a chance.
Students and young folk beware, there are a few important things that your parents, your family, your teachers, your ministers or your friends.didn't warn you about ...the debilitating danger of debt.
Right here, right now, this guide is going to drop some important knowledge on you that will keep you from suffering this painful and life consuming situation.
There is life after debt. There is hope for a brighter tommorrow. Get this 21st century
miracle guide. "GOOD CREDIT MATTERS".
About The Author: We must strengthen ourselves financially. Everyone of us. It's the least we can do while we wait for our leaders. Free information on working ourselves back to the top. http://mydebtcreditrepair750.com Mr. Al Smith is the author of the most talked about credit guide of 2011, "GOOD CREDIT MATTERS"
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1058708
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Alphonso Smith
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=1058708
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=1058708
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: Debt's Ceiling on the Middle Class
Author: Alphonso Smith
Word Count: 532
Article URL: http://www.isnare.com/?aid=1058708&ca=Finances
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1058708
Easy Publish Tool: http://www.isnare.com/html.php?aid=1058708
*********************** ARTICLE START ***********************
Our country is in debt. Not only is our government in debt but we as citizens we are in debt ourselves and the problem is getting worse.
Recent studies have shown that 609.8 million cards are held by U.S. consumers. Each card holder holds an average of 3 (three) cards. Ninety percent of Americans have at least one credit card and they are using that card ALOT.
The average family carries a balance of between $10,000 and $15,000 on all of their credit cards. Over $1500.00 per family goes on interest every year. And that's just the average, some people owe much more.
Overall, consumer debt is 2.43 trillion 793.1 billion is revolving debt of which 98 per cent is credit card debt. If debt continues at the current rate, then one family in a hundred will be forced into bankruptcy. Over 90 percent of Americans' disposable incomes are spent paying back debts.
When you add credit card debt to the regular bills we have to pay each month, it can devastate a pocketbook. which can tax one's mental stability. As a result, some bills go unpaid and others are paid late.
Both of these instances can damage your credit, sometimes so much that you think there's no way you'll ever be able to get out of debt and live a normal life.(I call it BC, before credit) Where one Uses credit for important purchases,things like a home,a newer car or a vacation,
not everyday living accesses.
The truth is that you can get out of debt and restore your credit to nearly what it was before you had credit problems. It takes some time and a little work on your part but it IS possible.
The secrets of the credit system revealed in this just released power filled and lifechanging guide. It's called "GOOD CREDIT MATTERS". Instead of being a victim use the system to your advantage. It's legal. It's fast and it lasts a lifetime.
Loan approvals and such depend on your credit score. That number is what determines if you can get credit, what your interest rate will be, and how much money potential lenders will give you. It tells you Where to apply and what to show and say that is music to the lender's ears. A good median score is 750 but the higher your score is, the more financially soild you are.
This guide which some refer to as the Credit Bible, is the great equalizer. Revealing the system and turning the tables on the money changers. The average man and woman finally has a chance.
Students and young folk beware, there are a few important things that your parents, your family, your teachers, your ministers or your friends.didn't warn you about ...the debilitating danger of debt.
Right here, right now, this guide is going to drop some important knowledge on you that will keep you from suffering this painful and life consuming situation.
There is life after debt. There is hope for a brighter tommorrow. Get this 21st century
miracle guide. "GOOD CREDIT MATTERS".
About The Author: We must strengthen ourselves financially. Everyone of us. It's the least we can do while we wait for our leaders. Free information on working ourselves back to the top. http://mydebtcreditrepair750.com Mr. Al Smith is the author of the most talked about credit guide of 2011, "GOOD CREDIT MATTERS"
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1058708
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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