http://www.american-debt-solution.com/credit-card-debt-consolidation.html Credit card debt consolidation can save the nation! From terrorists? No, but credit card debt consolidation can save consumers from high interest rates. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 What would happen if everyone in America with credit card debt got credit card debt consolidation? For starters, they'd all be debt free in five years!!! Dreaming of a Debt Free America? It can happen with credit card debt consolidation. IF everyone in America who has credit card debt enrolled in a credit card debt consolidation (and that's a big if) a debt free America could be possible in five years. How? For starters, there are a variety of credit card debt consolidation programs, like a debt consolidation mortgage, a debt consolidation loan or a basic debt consolidation program. These are all very different programs, but they all have the same goal in mind--to eliminate credit card debt in the most efficient, cost-effective way possible. A debt consolidation mortgage is a credit card debt consolidation designed for homeowners, and it's really the best way for homeowners to get rid of their credit card debt once and for all. Basically you refinance your house and tack on the amount of money you need to pay off your credit cards. You pay that amount back over the life of your mortgage. Your monthly mortgage payment might go up, but if you get a lower interest rate on your mortgage than what you had before, it might stay the same. In any case, you get to pay off your credit cards immediately, and that's the most important part. A debt consolidation loan is a credit card debt consolidation program for people who have the collateral to back up the loan. It's simply a loan you get to pay off your credit cards. Since the interest rate on the loan is so low (in the single digits) you get the loan paid off in five years. It's that simple. A basic debt consolidation program simply gets your interest rates on your credit cards reduced, and sometimes you get past fees removed too. Then the debt consolidation company combines all those new, lower balances and you make one monthly payment to them instead of a bunch of monthly payments to credit card companies. Because of the lower interest rates, you can be free of your credit card debt in five years. Feel free to check out any of these plans today. The sooner you do it, the sooner you'll be doing your part to contribute to a debt free America! Sat, 26 Jul 2008 15:00:00 EDT