‘Reasons Why Debt Sucks’ Video Contest Announced

Consolidated Credit is hosting a video contest, Reasons Why Debt Sucks, in which the video with the most unique debt success story will win a free iPad!

Consolidated Credit is launching a national YouTube contest now through June 30, 2011 with the hope of swaying people to share how they got into debt and what creative steps they are taking to pay off their debt. With rising gas prices, a staggering unemployment rate, and low levels of money management skills, Americans from all every walk of life are suddenly finding themselves in serious debt.

By engaging in a real conversation with people about their personal finances through this contest, Consolidated Credit intends to spark a viral awareness about the need and importance of financial literacy in America. “With this contest, we will spark an interchange of ideas of how to combat debt and people will have a chance to acknowledge, discuss, and deal with their personal finance issues with innovative solutions from peers. In addition, they will get a chance to win a FREE iPad.

Our certified credit counselors will pick the winner based on their clarity, creativity, and uniqueness in their battle to overcome debt. They’ve encountered millions of Americans that have found themselves in debt for various reasons and wants to help unite those individuals through today’s leading communication platforms – Twitter, Facebook and YouTube.

To get a chance to win a FREE iPad, contestants must like Consolidated Credit’s Facebook page, submit a response video to Consolidated Credit’s Youtube page explaining how they got into debt and what they are doing to dig themselves out. Contestants must be 18 years or older and can only submit one video per person.