FOR IMMEDIATE RELEASE

PR Log (Press Release) Dec 24, 2009 ? Debt Settlement Branch Office – Call 678-561-DEBT
Due to over $395 billion in delinquent credit card payments, debt settlement ?has become one of the fastest growing sectors in business startups today. Our full service net branch opportunity provides no start up fees and a fully integrated CRM software lead tracking system to allow brokers to focus on their core business of sales so we can handle the customer service.

While so many businesses are struggling to make ends meet, our debt settlement branch offices are growing at an enormous rate due to the decline in the economy. This allows savvy business men to capitalize on debt reduction services while providing a valuable service to clients who are behind on payments or unable to qualify for bankruptcy due to the new credit counseling requirement of 2005.

As of October 17,2005 all Americans seeking bankruptcy must complete a credit counseling program. The problem with this is that so many people are unable to afford the monthly payments in a credit counseling program, and must seek debt settlement. Debt settlement is the process of making payments to a savings account while attorneys negotiate on your behalf with your creditors to reach a settlement amount. Many companies out there operate without attorneys which is illegal in many states, says Michael Hart, CEO of DebtManagementGuys.com

While we provide debt management plans providing interest rates as low as 0% depending upon the creditor, debt settlement is growing business due to the state of the economy and the 10% + unemployment rate.

DebtManagementGuys.com has a nationwide attorney backed network where attorneys in each state negotiate with creditors for settlements, some as low as 25% of the original amount. With no startup fees and an aggressive commission at 9% of the debt amount, this allows companies to recoup their investment quickly while building a residual income and providing a valuable service for people in financial hardship. “Many debt settlement companies have gotten a bad name due to not disclosing the key facts.” says Michael Hart, CEO of DebtManagementGuys.com. “Our goal is to educate consumers on their options so they ultimately can make an informed decision.” ?Debt settlement does have a negative impact upon your credit score initially since 35% of your credit score is based upon your payment history, but 30% of your credit score is measured by your debt to income.” This is why its so helpful to reduce debts in 4 years or less and then focus on rebuilding your credit,” says Hart.

Whether you’re an established debt settlement company that simply wants to earn more on each file or a mortgage broker interested in turning your unqualified borrowers into a healthy revenue stream, we have the opportunity for you: You’ll earn at least 9 points on each transaction. You’ll get all the support and training you need. Getting set up is easy…you don’t need a license and you can be up and turning a profit within 24 hours.

Not to mention you’ll be saving your clients an average of ?50% of their debt and you’ll reduce their monthly payments in about half—all with out charging a single penny in upfront fees.

How Do I Get Started?
Call us directly at and ask to speak with an Account Executive or fill out our form at http://www.debtmanagementguys.com or email affiliates@debtmanagementguys.com Approvals typically take 24 to 48 hours. Once you?re approved you may start doing business immediately.

Call Today At: 678.561.3328

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DebtManagementGuys.com is a debt community with free resources to aid consumers on how to get out of debt. With a blog on breaking debt management news and a forum to ask questions, consumers can find out how to deal with creditors themselves, or use an attorney backed network with no upfront fees.

This is an interesting example of how creditors try to influence their cardholders to PAY UP IN FULL on their credit card debt. As more and more people enroll their credit cards into debt settlement programs, more and more creditors will be combating the program, and attempting to collect the debts directly, via their “in-house settlement center”, or by referring them to a “credit counseling center”.

As a recent example (view this settlement offer by Chase), Chase has been sending out letters to their customers notifying them that they have been contacted and notified, that they are being represented by a debt settlement company in connection to their Chase account. The bold title of their letter states, “Chase doesn’t deal with debt settlement companies.” Attached, you will also find a settlement from Chase, as recent as today, and for 25% of the debt amount!

The letter does go on and suggest, and ask, that the client does in fact contact Chase directly to learn more about their “interest rate reduction” programs, as well as get a “free referral to an accredited, non-profit credit counseling organization.”(Credit card companies started credit counseling companies like CCCS and CCCS receives compensation from them.)

Let this serve as an education tool, to help make you the client aware of these letters you may receive, as we’re all very aware Chase isn’t the only creditor sending these letters out. Knowing what to expect from creditors and their fear tactics will enable you to successfully complete your debt settlement program so you can reap the rewards of payments you can afford to pay.

By knowing about fear tactic letters to try and get you to continue making high interest payments to them, or their majority owned counseling center, will allow you to stay the course to repairing your financial future.

Creditor will do, say and write just about anything they can to potentially get your hard earned money, each and every month…interest and all, so you can see why they don’t like debt settlement alternatives, but they eventually agree to lowered settlements, and they have been doing so for years, as in the case of this 25% settlement offer.

To find out what you qualify for, call 678.561.DEBT (3328) or visit http://www.debtmanagementguys.com and fill out the form to be contacted by one of our representatives.

(Don’t forget you can click the “CALL ME” button to be connected with a live representative, after entering your name, phone number, and the connect button.”)

Debt Management Guys can counsel you on debt management and debt settlement programs tailored to your state and financial scenario.? Currently debt settlement is very high in Rancho Santa Margarita, CA, Phoenix, Arizona, and Miami, Florida, and we can assist consumers in 47 states.
To find out what you can settle for in a customized payment that you can afford, call? 678.561.DEBT or visit our homepage to click the call me button to have us connect you with a live representative toll free.

Simply click call me twice on the home page, and enter your name phone number, and don’t forget to? hit the CONNECT button.? With rates as low as 0%, we have different options for your credit cards, personal loans, medical bills, collections, and judgments over 6 months old.

BREAKING NEWS – Now there are as low as 0% interest rates in various debt management plans. Creditors such as Firestone, Tiresplus, First Premier Bank, and a few others are offering as low as 0% down to get on a debt management plan to pay back your debt. Never has there been such a no brainer program for those who are suffering from high interest rates, or late payments.

Most people know that if you miss? a payment, your credit card company can raise the rate over 20% if it isn’t already causing over 80% of your monthly payment to go in their pocket. Why do you think they are so happy to give out credit cards? If you struggle to make just the minimum payment, you will pay back your original balance at least 4 times over.

The Debt Management Guys would like to help you get out of debt and pay that balance down. To find out what you qualify for,? visit ourhomepage and click the call me icon to type in your phone number. We will connect the call for free with one of our live representatives who will offer you a no obligation quote, or you can call us direct at 678.561.DEBT today.

Wondering how a debt management plan works? Its easier than you think. Your credit card company won’t tell you that you can get a lower interest rate in a debt management plan because they want you to pay the full balance back at higher interest rates. If you can afford the payments but your interest rate is too high, you may want to consider a dmp? if contacting the bank has caused little to no success. However, you must know that enrolling your credit card balances in a debt management plan requires your cards to be closed, meaning you simply cannot charge on that card until the balances are paid off. The important thing to keep in mind is maintaining timely payments since 35% of your credit score is measured by not missing payments. Also, in a dmp you can pay more than the recommended balance as there is no prepayment penalty.

What Might Your Interest? Rates Drop To?

(Keep in mind these are subject to change at any time)

Capital One 7.4%

Bank of America 9.0%

Chase 6% or 10% depending upon the balance

Juniper? now a case by case scenario but was previously 5.9%

HSBC (Household Bank) 9%

Wells Fargo 7.3%

American Express 7.90%

FIA Card Services 15.90%

Wells Fargo Card Services 7.30%

Citgo/Citibank 9.90%

Discover Card 6.99%

Macys-All Divisions 8.00%

Bank One – First USA 6.00%

Direct Merchants Bank 9%

Fashion Bug * 8.00%

HSBC/Discover 9.90%

First Premier Bank 0.00%

First National Bank of Omaha 9.90%

Goody’s/WFNNB 10.00%

Providian National Bank 10.00%

and many more.

Keep in mind that these rates are subject to change at any time by the creditors. Some may be higher, some may be lower. The only way to find out what you qualify for is by contacting us today.

Now, if you are currently more than two months behind on your payments, then your best option may be a debt settlement program

To find out what you can qualify for, contact the Debt Management Guys today at
1.800.442.8004 ext 100 today.

Here are some of the new credit card rules which will come into effect on July 2010 to find out how they will affect you.

Disclosure of rates and fees: Under the new rules, credit card contracts should include a summary of the rates and fees involved. Credit card companies need to tell consumers how long they?ll take to clear their debt if they pay only the minimum on their cards every month. For instance, if you have a credit card balance of $1200 at 18% interest rate, you may not realize that paying only the minimum will take you more than 10 years to get out of debt. But under the new rules, consumers will be aware of the consequences of minimum payment and hence they may try making extra payments in order to pay back their dues faster.

Allocation of payments: Currently, if you pay more than the minimum, credit card companies allocate the extra cash towards the balance with the lowest interest rate. But as per new rules, any payment in excess of the minimum amount will be allocated in a way that?s beneficial to you (credit card holder). This implies that the extra payment can be allocated towards the highest interest account or it can be distributed evenly between various accounts. So, if you?re paying varying amounts of balance at different rates, then you can clear your dues faster thereby paying less in interest charges.

Age limit of applicant: Currently, any credit card applicant can get the card without a cosigner if he is above 18 years of age. Under the new credit card law, anyone below 21 years of age needs a cosigner. So, if you?re a college student, you?ll probably have a hard time getting a card. However, if you?re under 21 years and can prove that you have a job, then you won?t need a cosigner.

Interest on new purchase: Most credit card issuers instantly charge interest on new purchases if you?re carrying a balance from the previous month. But the new rule is likely to change this. As per new rules, consumers will surely pay interest on balance carried over from previous month. But no interest will be charged on new purchases until and unless the grace period of 21 days (currently 14-15 days) is over. Moreover, you?ll get your statement 21 days ahead of the due date. So, you can arrange for the payments beforehand and avoid a default if you?re in financial problem.

Notice of change in rates/terms: Right now, credit card companies can change the rates and terms of agreement any time without any notice. But the new law requires that companies should provide 45 days notice before they initiate such changes. This time period may be enough for you to follow a new plan and pay off the card prior to such changes being effective. If you?re offered reward points, 45 days may be enough for you to cash in the points and utilize them to your benefit. Moreover, if you have a low introductory rate on your card, it is likely that you?ll receive a notice before the rate is hiked. Thus, you can get prepared for managing higher payments.

Change in credit limit: As per new credit card rules, issuers cannot raise your credit limit without your consent. They need to call you or send a notice along with your monthly statement, take your approval and then increase your credit limit. This will give you the chance to decide whether you?ll opt for higher credit limit. Otherwise, higher credit limit may induce you to take out more cash and hence payments may become unaffordable. However, if you intend to get a higher limit, you?re free to ask for it.

No more double-billing cycle: The new rules put an end to the double-billing cycle. In this method, if you pay the entire balance one month, but avoid doing so the next month, then interest for the second month will be calculated on the balance in the previous billing cycle as well as the current cycle.

Rate hike due to late payment: Currently, credit card issuers hike interest rates even if you?re late on a different account. Being late on one account may trigger a rate hike on all other accounts. But under the new rules, unless you?re 60 days late, the new interest rate can be applied only to new balances. The old balance will be charged at the previous interest rate. This is quite helpful for those who?re working hard to pay down their credit card debt. They needn?t pay more on their old balances as long as they?re current on their accounts.

Charging over-limit fees: Credit card issuers make a lot of money by charging you extra interest on your balance when it exceeds your credit limit. But under the new credit card rules, issuers will have to ask you before they impose over-limit fees. If you do not agree, there?ll be no over-limit fees charged on your account. Moreover, if your balance exceeds credit limit due to a hold (on your account) placed by merchants, you won?t be charged extra fees.

Subprime credit card fee cap: Debtors having bad credit usually go for subprime credit cards (with credit limit of around $500) which require a large upfront fee. The new rules will however, limit the fees to 50% of the available credit limit. Card holders will also be allowed to pay off the initial balance over a year and not immediately.

What are the pros and cons of the new rules?

The Credit Card Act, 2009 aims to stop consumers from falling into debt problems by imposing restrictions on late charges and over-limit fees, and getting rid of the double-billing cycle. In addition, notifying consumers of how long they?ll take to get out of debt, will help them avoid paying a lot of interest over the years and induce them to make extra payments in order to pay off debt faster.

However, there?s a questionable provision in the Credit Card Act. For instance, when a borrower is allowed to pay off balance at the same rate unless he?s delinquent for 60 days, it gives him the impression that there?ll be no penalty if he misses a payment or two. But, if he skips a payment, there?s a chance of default and then it does make sense to raise interest rates on his account in order to offset the risk.

The new rules will however, make it tough for people with bad credit to get a subprime credit card (available at high interest rates) as credit card issuers may bring about changes in availability of credit. Since card issuers will have to limit penalties on riskier borrowers, they?d like to make up for their loss in income by going after those with good credit.

How will credit card issuers adjust to the new rules?

Credit card issuers are likely to revive annual fees, cut down cash-back offers and other reward programs. Some of the issuers have already raised fees for services such as balance transfer and cash advance in order to compensate for any loss they may incur when the new rules become effective.

Major banks such as American Express, Citigroup and Bank of America have already raised interest rates on credit cards they issue. The new rules do not cap interest rates; hence banks can lift up rates (including the APRs) though at a slower pace and with proper disclosures. Thus, the new credit card rules are likely to force banks to issue fewer cards at higher costs, that is, by charging high interest rate. However, this may encourage people to save more and use plain cash instead of cards for new purchases.

Another possible change may be the reduction in the value of reward points. Credit card issuers may cut down the value of the reward points. For instance, you may find your 6% gas rewards being trimmed down to 3% or so. Moreover, issuers may stop offering long term introductory rates.

It is expected that the new credit card rules will cost issuers $12 billion a year in lost fees and income. They?ll affect the direct marketing programs of card issuers thereby bringing down their direct mail volume. While credit card issuers will cut down on credit limits in order to compensate for their loss in income, consumers will have more money to invest in the economy rather than pay off their bills. The best thing about the new rules is that, it aims to protect consumers from late fees and sky-high interest charges by making lending practices more transparent to credit card holders.

For more information on how you can reduce your credit card debt, check us out.

I want people to be able to come and share stories and receive encouragement.

www.DebtManagementGuys.com/forums is the link. Be sure to bookmark it!

One Is Right For you?

Debt management companies are springing up left and right. Many promise freedom from debt relief, improved credit, and the final solution to your credit card debt. Is it that easy? Some say yes, others no. It comes down to discipline in many cases but not always.

Sometimes its the sky high medical bills from a sick family member, or unexpected business expenses. Maybe you just like to go shopping too much and just can’t say no to the thing you want. Whatever the reason may be, Debt Management Guys are here to help advise you through the debt management process to see if its a right fit for you. In many cases, you are not.

To find out more about how the debt management guys can help you just click the link to be contacted.

With the price of oil topping $130 a barrel every little bit helps.?Implement these below suggestions today and save enough money for 2-4 extra tanks of gas by Labor Day weekend!

1. Energy savings start with keeping your thermostat in check. If you don’t have a programmable thermostat, buying one would be a good investment. This way you can set your air conditioner for a specific temperature. When you leave the house, set the thermostat for several degrees higher than when you’re at home.
2. Keep your family in the dark, literally. Turning off unnecessary lights in your home can help cut your energy costs. Get your family to get into the habit of turning off lights when they are not in use. Keep rooms that you aren’t using completely dark and only turn on one light in a room if possible. In addition to saving money on your energy bills, keeping the house dark during hot summer days will make you feel cooler.
3. Make sure to use Compact Fluorescent Light bulbs (CFLs) in all of your lamps inside and outside. These use ? less energy than standard light bulbs. Don’t balk at the price of the CFLs. Although they are more expensive than standard bulbs, they last longer and will help you save on your energy bill.
4. Consider using motion detector switches in the bathroom, hallway and children’s room. They can be set for different time increments from 10 seconds all the way to 20 minutes. This is especially helpful if you have children who are forgetful about turning off the lights. (more…)
   
   

In the meantime, before you experience those benefits, you’ll have to deal with losing weight on a budget. Losing weight doesn’t actually cost that much if you are creative and willing to think outside of the box. A lot of the costs of weight loss have to do with the programs, potions and pills that weight loss companies push on people. Weight loss is a huge industry, but you don’t have to buy into it.

The following tips will help you trim down?the waistline and your budget at the same time:

1. Exercise in your own space. The average gym membership costs hundreds of dollars per year, even more if you buy into the gym’s hyped up weight loss and nutrition products. Many people join a gym and never go because they are embarrassed or self-conscious. They join thinking that the gym will help them stick to a program. Really, it’s all about personal dedication and commitment.

You can achieve the same kind of results at home with your own DVD player and a few basic pieces of exercise equipment. Invest in some used exercise DVDs and look for a set of 10 to 15 lb free weights at the discount store. With these basic items, you’ll be able to exercise all of your major muscle groups without the expense of joining a gym.

2. Opt out of “fake” diet foods. Many weight loss programs are so expensive because they want you to buy their brand of diet shake or their snacks. You can reduce these costs by making the majority of the food yourself. No matter what kind of diet you are trying to follow – low-fat, low-carb or low-calorie – you can make the food yourself and save. Taking the time to learn how to prepare the food yourself instead of relying on packaged meals will also help make your changes permanent. If you learn how to cook healthier, you’ll definitely have an easier time eating healthier.

3. Search at thrift stores for “in between” clothing sizes. As you start to lose weight, you’ll reach a point where your old clothes are too big, but you’re not quite at your goal weight. Although it may be tempting to go out and get a new wardrobe for your “in between” size, the best thing to do is wait. Look at thrift stores or discount stores for some basic clothes that will get you through this interim period. Additionally, having clothes that aren’t new and exactly what you want may motivate you to keep going with your weight loss. If you know you have a shopping trip at the end of your journey, you’re likely to keep going.