Federal Government Credit Card Debt Relief – Obama Administration Changes Rules for Plans and Programs
Posted on | August 27, 2010 | No Comments
Over the last several years it has been the case that many Americans have greatly struggled when it comes to personal finance. Unfortunately, it does not look as if things have gotten much better as many of these same individuals continue to search for a Federal Government credit card debt relief plan or program. It is important to note that not such program exists. In fact, the Obama administration is working hard to help protect consumers.
The rules and regulations for the credit card debt relief industry will greatly change for plans and programs. It will no longer be the case that debt relief companies can charge up front fees. This will help consumer protect themselves from scams and ploys that are looking to take their money.
Before deciding debt relief is correct for a financial situation it is very important to consider the options. There are many free resources on the FTC website to help customers better understand how to save more than they spend. This could be just what they need to get out of credit card debt in the near future.
Author: Alan Lake
Tags: debt relief > debt relief plans > debt relief programs > government credit card debt relief > government debt relief > Obama Credit Card Debt Relief > obama debt relief
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