http://www.debt4dummies.com/debt/debt-elimination/debt-elimination-programs/ Debt elimination programs can show you how to survive in a world wracked with debt. Consume the following about the debt elimination programs. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 What is your objective in working with debt elimination programs? You want to get rid of the debt - of course. What will you need to achieve this? You shouldn't need any graph paper, chalk or pencils. You shouldn't need any rulers or blackboards. All you need is yourself, your account balances, your non-profit credit counselor and your debt elimination programs. Accomplishing a lot with debt elimination programs What are the debt elimination programs able to accomplish? Total debt elimination - for one thing. How about that? Well, more specifically, multiple things can happen. Depending on the debt management plan that you choose - you can have the debt pared down in a variety of ways. By enrolling in a debt elimination program, you stand the chance of having your debt negotiated down significantly by a non-profit credit counselor and bundled all into one so there is only one monthly payment! Further enhancing the particular flavor these debt elimination services are providing you comes in the significantly low APR which is tacked on for the life of repayment. It is in this manner that most consumers are able to escape debt within five years! Another popular choice among the debt elimination programs comes in the form of debt settlement. A settlement is pretty similar to consolidation, but, the debt is negotiated in a different way - and some of these debt elimination programs will require you to have access to a lump sum of money with which to offer up front - whereas with consolidation, there are monthly payments spread over the course of 3 - 5 years. But don't let that information about the settlement brand of debt elimination programs deter you - some of them are reputed to being more lax about their payment requirements and many will allow consumers to make installment payments. So step right up and get ready to get the ultimate lesson on debt - thanks to the fine folks at the debt elimination programs. Now pay close attention as there will be Saturday detentions for those of us who are tardy and get below a letter grade of C in conduct. Casual dress allowed. The debt elimination programs will never discriminate! Sat, 26 Jul 2008 15:00:00 EDT