Consumer Credit Card Debt Relief From
The Consequences of Debt

Consumer credit card debt relief alleviates the constraint of debt in our lives. It's probably safe to say that nobody wants to be in debt. Given the choice, who wouldn't prefer consumer credit card debt relief? Even so, virtually every American carries some form of consumer credit card debt with them. Sometimes this consumer debt is goal-oriented and relatively beneficial, such as a home mortgage or business loan. But more commonly these days it stems from credit cards (and increasingly from unpaid taxes), which tend to leave far too many people in terrible trouble before they ever realize the potential danger.

Consumer credit card debt puts constraint on our lives. Even when it is relatively under control, consumer credit card debt reduces our financial capabilities and causes us to forgo other things, though often imperceptibly. Most people today have at least a basic understanding of how interest works - simply put, it's the cost of borrowing money. You play, you pay; that's just the way the world works. The problem is that in the rush to obtain the things we want, the actual life-consequences of interest tend to elude us. For example, let's assume you have a total of $10,000 in consumer credit card debt. In fact, that is right about the national average. Perhaps this doesn't seem like that much. We assure ourselves that we don't have to pay it back all at once (since, odds are, we didn't accumulate it all at once) and rationalize that we don't need to be too worried about it. To be sure, the Credit Card Companies don't want us to worry about it, for fear we might actually do something to change it! After all, Interest is how they make their money.

Let's consider the matter further. Depending on your consumer credit card debt standing, that $10,000 balance is subject to an interest charge of perhaps 10, 15 (even 18!) percent per year. So if your APR is 15% and we assume your balance doesn't change, then that amounts to $1,500 in new money owed in just a single year. Now compare that to your annual income - Is it 2%, 5%, 10%?? Maybe it's only a small fraction, but what else might you do with that money? Does it amount to one month's mortgage, two months' rent... three months' groceries? Could it be used for tuition or even vacation money?

Obviously this is a simplified example - actual interest costs will depend on repayments, new charges and the size and timing of both. Yet it nonetheless demonstrates the constraint that consumer credit card debt puts on our lives. If you're struggling to make your minimum monthly payments, or your accounts have gone to collections, then you're no doubt experiencing first hand the ugly consequences of consumer credit card debt.

If your fight is with the IRS regarding a tax debt, then constraint may well be staring you in the face in the form of a Lien on your assets, or a Levy on your wages. Like the Credit Card companies, they are all-too-happy to tack on hefty interest and penalty charges to what you owe. But unlike the Credit Card companies, the IRS has no desire to keep you in debt for the sake of profits - they want their money and they have the authority to go about getting it. The power of IRS Collections is not to be underestimated.

The logical conclusion is simply this: Consumer credit card debt is more than just a number. It's more than just money that must be paid back. It is lost opportunity.

Total Solutions Debt Relief offers:

		Online Debt Consolidation Cut your APRs and combine credit card balances to make one monthly payment.
		Consumer Credit Counseling Center Program Obtain your credit reports, consolidate debt and lower your interest rates!
		Mortgage Debt Consolidation Loans Lower your rate and use equity to pay off debt, regardless of imperfect credit. Tax Debt Help and Relief Settle your IRS debt for a fraction of what you owe!