500 range.

Unsecured
debt such as credit cards are the most popular form of debt to
eliminate. Let's face it. Credit card companies charge absurd fees when
you go over the balance or make a late payment. These charges are $40
on average and can add up very quickly. Before you know it your credit
is maxed out and you are left struggling to make the minimum payment.
The average consumer has 7 credit cards in the wallet on average. These
balances can add up very easily especially if you can't even afford to
pay the minimum monthly payment. If you have maxed out credit cards and
are in debt for at least $10,000 there is a lot of helpful services out
there for you.

The
most popular method to eliminate credit card debt is a debt settlement.
A debt settlement allows consumers to only pay back a percentage of
their balance and eliminate the rest. If you are over $10,000 in debt
you will want to use a debt settlement company for negotiating with
your creditors. The top performing debt settlement companies will be
able to eliminate 60% of your unsecured debt on average. If you are
under $10,000 in debt you might want to consider negotiating with your
creditors by yourself although there are some debt companies who will
accept consumers at the $7,500 range.

When
you eliminate your credit card debt through a debt settlement it will
have an impact on your credit score and anyone who tells you otherwise
is not being truthful. The impact on your credit score will not be
nearly as bad as declaring bankruptcy and most consumers are able to
fully recover in 1-2 years. If you are willing to accept a lower credit
score to be able to eliminate over 60% of your credit card debt then a
debt settlement would be a wise financial decision.

If
you want to eliminate credit card debt and hire a debt settlement
company for debt negotiation then I have an important piece of advice.
Do Not go directly to a particular debt settlement company but rather
first go to a debt relief network who is affiliated with several
legitimate debt companies. In order to be in the debt relief network,
the debt settlement companies must prove a track record of successfully
negotiating and eliminating debt. They must also pass an ethical
standards test. Going through a debt relief network will ensure that
the debt company you are provided with is a legitimate and respected
company. This is the most efficient way in finding the best debt
settlement companies and increasing your chances of eliminating your
debt.

FreeDebtSettlementAdvice.com
is one of the largest and most respected debt relief networks on the
marketplace today. To find a debt settlement company through
FreeDebtSettlementAdvice.com check out the following link:

Free Debt Advice(http://www.freedebtsettlementadvice.com)