http://www.debtdude.com/debt/consumer-debt-solution.html The Dude can help introduce you to the ideal consumer debt solution. The Dude woke up at about 2 in the afternoon, which happens to be very early, to show you, more or less, what each consumer debt solution does and how it works. Take a look. en-us Mon, 09 Jan 2006 09:20:28 EST Mon, 09 Jan 2006 09:20:28 EST Weblog Editor 2.0 In 2004 alone, Americans managed to purchase $2 trillion worth of stuff on credit. What might that stuff be? That's irrelevant. It doesn't make a difference if the stuff is shoes, groceries, or guns. What matters is that now we have $2 trillion that has to be payed back and accounted for. Then comes the interest, overages, late fees, etc. Next thing you know, you are one of the millions with poor forecasting skills facing debt. Time for a debt solution! Consumer debt solution: OPTIONS! If there is one thing that you do have when facing debt, it's options. That's right! Have no fear, the debt consolidation industry is here, and ready to bail you out of the worst possible scenario. Not sure how many consumer debt solutions there truly are or how they work, lucky for you, my friend, The Dude knows people. Let me introduce you to some solutions real fast so I can get back to napping. Here is you list, man: Debt Consolidation Loan - This is a loan given to consumers to pay off unsecured debts. Debt Consolidation Mortgage - Allows homeowners to borrow from the equity in their homes to pay off unsecured debts. Student Loan Debt Consolidation - This combines all of a consumer's outstanding student loans into one and locks in a much lower, fixed interest rate. Debt Settlement - Allows a consumer to pay off their debts at 30-50 cents on the dollar. Generally, the consumer has to pay the new, lower amount back immediately, but some debt management companies will give you one to three years to pay it off. If you are suffering from serious debt, it is very likely that when you seek out some professional help, your debt specialists will refer you to one of the consumer debt solutions i just mentioned. So relax, man. Together we can stick it to the man. What were we talking about? I'm going back to bed. Mon, 09 Jan 2006 09:20:28 EST