Published: August 16, 2006
Consumer Recovery Network Launches To Answer The Distressed Cries Of Credit Consumers
LAS VEGAS (EWORLDWIRE) Aug 16, 2006
Consumer debt is a nationwide epidemic that Consumer Recovery Network (CRN) is addressing, one debt at a time. Taking debt settlement to the next level, CRN is bringing applicants attractive settlement offers without any up front fees. The company doesn't escrow funds.
"We work to put the consumer back in control," says CRN Specialist Michael Bovee. "CRN becomes a better option for consumers than the typical, and often, ineffective methods of counseling, consolidations, and bankruptcies."
Most consumers aren't aware that many consumer credit counseling services (CCCS) and consolidation companies get a kick-back from your creditors called the fair share payment. "Does that sound like they’re working for the consumer?" asks Bovee.
Consumer debt continues to climb, with bank credit card debt (excluding store and gas credit cards), at the end of the second quarter totaling $721.4 billion or roughly 88 percent of total revolving credit, according to Card Data. At the end of June, Americans were $2186.2 billion in debt, excluding home mortgages.
While the elderly are filing bankruptcies in record numbers, college students are buried in debt, with an average debt at graduation in America of $19,300. "Is it time to coin the phrase 'Debt Generation'?" continues Bovee.
Bovee recommends, instead, that the public move to address this issue. "Debt happens - but recovery from debt happens, too."
More information is available by visiting consumerrecoverynetwork.com or by calling (800) 939-8357.
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Consumer Recovery Network
Sandpoint, ID, USA
208-265-9994 (phone)
michael@consumerrecoverynetwork.com