| January 11, 2010

2010 Let the New Year Resolutions Begin

Tips from Consolidated Credit on How to Stick to “Get Out Of Debt” Plan This Year

Many people make a money resolution to get out of debt once they see the damage of their holiday shopping on their credit card bills. They create a plan to get out of debt, and for a while it goes pretty well. But then something happens: a personal emergency, unexpected expense or the next holiday rolls around. The credit card gets pulled out and the charging begins.

This concerns the experts at Consolidated Credit, who believe Americans are getting to a point of being overloaded with credit card debt. The average American household with at least one credit card has nearly $10,700 in credit card debt, and the average interest rate runs in the mid- to high teens at any given time. Each time credit cards are used, it becomes harder and harder to keep resolutions to pay off debt and live free of credit card charges.

Best 2010 Money Resolutions:

  • Put away all credit cards. Try to pay with cash or checks until balances are paid.
  • Investigate any opportunities to transfer existing balances to a card with a lower interest rate. Be aware of the time limitations associated with promotional cards offering an “introductory” low interest rate.
  • Reduce spending. Set a realistic budget. Tighten your belt and say no to some of those extras for a brief time period.
  • Set goals. Once achieved, reward yourself.
  • When debt is eliminated, revise the budget and stick to it.
  • In 2010, remember to spread holiday shopping and spending throughout the year to take advantage of sales and to avoid debt next holiday.

At Consolidated Credit, counselors urge people to get help as soon as they need it. If a person has more debt than they can manage, they need to get help before their debt breaks their back. There are reputable debt-counseling agencies that may be able to consolidate debt and assist in managing finances. Consolidated Credit conducts free budgeting analyses and dispenses free advice on a daily basis. If someone needs help they can speak with a counselor with no obligation or visit ConsolidatedCredit.org.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

All Consolidated Credit counselors are certified personal financial counselors (CFC) We've helped 5 million people get out of debt! Call us today and see what we can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

The National Industry Standards for Homeownership Education and Counseling are a set of guidelines for quality homeownership and counseling services. Industry professionals who adopt these standards can be trusted to provide consistent, high quality advice.
Click here to learn more.

Consolidated Credit Consulting Services, Inc. has been verified as the owner or operator of the Web site located at www.consolidatedcredit.org. Official records confirm Consolidated Credit Consulting Services, Inc. as a valid business. Call us today and see what we can do for you.

Consolidated Credit is a Certified ISO 9001 company, as verified through Bureau Veritas Certification.

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Consolidated Credit is proud to be an ANAB accredited member. Accreditation by a recognized and respected body such as ANAB ensures the impartiality and competence of our company. To see what we can do for you, give us a call.

U.S. Department of Housing and Urban Development - HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. Consolidated Credit is proud to be a member of HUD and also part of the Hope Now Alliance.

You can save!

With this amount of debt, you'd pay around $xx.xx on a DMP.

FREE Debt Consultation
VE Interactive