Debt Relief

This article compares the solutions of credit counseling, debt settlement and bankruptcy as solutions to credit card debt relief. While self management, timely payments and paying minimal balances are options as well, they are all lengthy, and require both capital and commitment to the process and may not be a realistic option as the economy slides into downturn.

There are no easy solutions to managing credit card overload. The options vary from slow to long and painful. But the American household is struggling under the impact of rising levels of credit card debt. This article looks at the good, bad and ugly options for managing credit card debt.