Obama Credit Card Debt Relief – Plans and Programs Offering Debt Settlement to Receive New Rules

Posted on | August 24, 2010 | No Comments

The possibility of saving money with an  Obama credit card debt relief plan or program has been on the minds of many Americans who continue to struggle when it comes to personal finances. It is very important to understand that there are no such programs when it comes to credit card debt relief. In fact, the FTC has created new rules making certain that debt settlement companies cannot advertise sponsorship from Pres. Obama.


Over the next several months it will be the case that credit card debt relief companies have to greatly change the way they do their business. Another rule that will take effect in the very near future is that credit card debt relief companies can no longer charge upfront fees. With a large amount of profits coming from upfront fees it will be very interesting to see how credit card debt relief companies react to these new rules enforced by the FTC.

President Obama and his staff have worked very hard to help all Americans when it comes to saving money. By accessing the FTC website many articles will be available that are completely free. These articles can help Americans better understand how to save their money and get out of credit card debt.

Author: Mike Garner

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