Dallas, TX, June 11, 2008 --(PR.com
)-- Two income families are struggling with how to cope with the loss of a primary earner, and still maintain a household budget. Gas prices are climbing into the $4.00 a gallon range across the nation. The U.S. is wrestling with the worst food inflation in 17 years, making families cut corners on nutrition. And to top things off people are consumed with unsecured debts.
With creditors becoming increasingly more aggressive with their collection techniques, and constant collection calls, people are experiencing a whole new level of stress. CAG uses a unique phone module named "DAAN" to stop all the collection calls. Just pick up the phone and when you hear that it is a collection call simply press the star key and hangup. No more harrassment or threats about lawsuits.
“We have seen a huge increase in calls over the last 6 months from people concerned with freeing up some of their income just so that they can survive,” said Shane Garner CEO of Dallas based Credit Alliance Group.
When the decision comes down to home, food, or debt; debt tends to lose. Many people that have relatively good credit scores are carrying very bad debt to income ratios. When trying to refinance a home and get out from under a climbing mortgage payment they are running into closed doors from lenders because of it. People want to avoid filing bankruptcy; so they are searching for other options.
Credit Alliance Group offers programs that can allow people to get out of debt on any budget. By reducing the overall debt amount by 50-60%; people are able to free up their money so that they can apply it to their other rising expenses. In the process their debt/income ratio is improved; which increases refinance opportunities. Their programs range from 6-48 months long, but have no prepayment penalties if paid off earlier. With no upfront fees involved it is very easy to get started.
“Having the harassment calls from unscrupulous collectors stopped was a major step to getting my life back in order,” said Michael D., a client of Credit Alliance Group.
At the end of the day preparedness and patience is key to balancing a dynamic budget. Stopping and taking the time to review all of your expenses and separating needs from wants is a great first step. Then prioritizing expenses so that you can take action where action is needed. Also seeking assistance from professionals in areas concerning your personal debts is often a wise decision. Then take a deep breath and remember that summer is finally here, enjoy the company of family and friends, it’s free.
CreditAllianceGroup is a debt management company that helps individuals nationwide become debt free again. Visit http://www.CreditAllianceGroup.net for a free consultation with a Credit Specialist.
Contact: Eric Pinola