Debt American Credit Counseling

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Credit card debt - Credit card debt is an example of unsecured consumer debt. It results when a customer of a credit card company does not pay the company for the money he or she has spent.

Credit counseling - Credit Counseling is a process offering education to consumers about how to use credit appropriately to avoid incurring debts that cannot be repaid.

Latin American debt crisis - The Latin American debt crisis refers to a period in the early 1980s (and for some countries starting in the 1970s) where countries in the region reached a point where their foreign debt exceeded their earning power and they were not able to repay it. ...

Debt-snowball method - The debt-snowball method of debt repayment is a form of debt management that is most often applied to repaying revolving credit — such as credit cards. This method has gained more recognition recently due to the fact that it is the primary debt-reduction method taught ...


Suggested Web Sites

American Consumer Credit Counseling - National non-profit credit counseling agency offers financial education and debt consolidation.

American Association of Debt Management Organizations - National trade association for the debt management and credit counseling industry.

American Debt Solutions - Offers credit card debt consolidation.

Source: BazSites.com

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