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Increasing debt - free help from Credit Federal

Added: (Thu Jul 12 2001)

Pressbox (Press Release) - For immediate press release
Origin: United States

Increasing debt

Gulfport, MS, July 12, 2001 -- During the past decade, total outstanding consumer debt has more than doubled, from 787.3 billion in 1991 to 1.590 trillion in 2001.

"If you feel that you're alone in drowning in debt, you're not," says David Hurlbert, Research Manager at Credit Federal. "This increased debt can be attributed to three primary factors: 1) sluggish economy, 2) increased population, and 3) consumers
over-extending their credit abilities."

CreditFederal.com analyzes consumer credit trends to see where consumers most need credit assistance. With the growing debt and slow economy, their focus is to provide consumers with tips to reduce debt and to re-establish their credit standing.

"The primary trends of consumers visiting our site are not to obtain new home or new auto loans," David says, "but to either refinance, consolidate debt, and to repair credit. We've researched viable resources, and compiled suggestions on how to obtain these worthy goals. There are far too many agencies on the internet offering credit restoration, and an appreciable percentage of these are not reputable resources. Our mission is to provide the informational tools consumers need to help themselves before turning to someone else, and turning their wallet
over to them."

CreditFederal.com offers free tips on how to reduce credit debt, how to cut wasteful expenses, how to improve your credit rating and more. "It's the 'how to' library of credit self-help," adds Sherine Nabill, Assistant Editor. "First and foremost, we supply credit consumers with self-help instructions, and for those who require
professional help we also provide a link to a reliable resource."

You can gain this free credit assistance at www.creditfederal.com without registration.

Contact:
Credit Federal
22272 Tootle Road
Gulfport, MS 39503
www.creditfederal.com
credit@creditfederal.com

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