Who's Turning Their Backs On Credit Debt Help
It seems that where ever you turn these days, there is an endless
stream of information on credit debt help, credit card debt negotiation, free credit debt solution, credit card credit debt consolidation etc.,
You only need to scan newspapers,
magazines, search online to see the numerous credit card debt
consolidation advertisements or to read the many articles on how and
where to get help with debt.
Even Tv channels show countless advertisements relating to debt
and how to go about getting help with credit card debts, elimination,
negotiation or settlement. It would
seem that the only difficulty credit card debt consumers might
possibly experience with getting debt help, is how to go about
sorting through the barage of information to find an
honest, reliable and trustworthy source that is competent
to help with debt management.
All the more reason why the research findings of a recent study is
surprising to say the least. The study on Americans' perception of
credit debt show that although a significant proportion of people
from the 'baby-boomer' generation are deep in debt, they don't
accept this reality.
The research - "Debt, The Blind Spot on America's Road to
Retirement", highlight the credit debt problem that affects most age
groups and in particular, the 'baby boomer generation'.
Commenting on the study, St Paul Pioneer Press state that
the research from Securian Financial Group found that nearly half the
people surveyed did not consider such things as credit card debt
balances, credit loans, unpaid store bills or overdue utility bills
The 'problem' with this attitude is, if people don't perceive
themselves as being in debt, how can they assess that they are in
need of help with credit debt - whether debt negotiation, debt reduction or
credit card debt elimination? As it stands, the bigger issue
might not be the actual creditcard debt balance but rather the problem
posed by a refusal to accept credit debt help at a time it
might be most needed.
A further interesting finding of the study however, is that participants
in their 20's are fully clued-up on the dangers of credit debt,
with 83% not accepting 'debt' as part and parcel of normal life.
This is in stark contrast to 73% of baby boomers who do. This is
reassuring, since the findings show that the younger generation
are not only more likely to exercise restraint over credit debts
but are probably more likely to seek or to use credit debt help
more readily than their parents' generation.
Regardless of age or personal circumstance, it is essential that
anyone experiencing credit card credit debt or any other type of
indebtedness, seek credit debt help advice at the
outset. This will prevent the situation getting out of control,
as well as giving greater peace of mind.
There is a vast amount of information readily available on
free credit card debt help - online and off-line or, any other
form of indebtedness. These services range from nonprofit credit
card debt advice, debt negotiation, elimination through to credit
card debt consolidation.
Just be sure to seek professional debt assistance or creditcard
debt help from a reputable source such as a non-profit debt solution
The content on this site is purely for information purposes only
and is not intended to replace your seeking professional financial
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