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How Credit Card "Bailout" Works

Credit card companies are now working with debt relief programs to significantly reduce the debts of select consumers who have a qualifying financial hardship.

Credit Card Bailout Gives You Two Free Reports On Reducing Your Debts to Compare on Price, Reductions, and more.

Debt Relief Process

The Debt Reduction Report Process

  1. Enter in your debts in the form to your right. You will get an instant estimate of what your total reduction could potentially be.
  2. You will be contacted to evaluate your debts in detail, answer your questions, determine your hardship, this is used to create your debt reduction report.
  3. You receive a debt reduction report and help for free and up-front without any cost or pressure.
  4. Evaluate your reports and make a decision in the comfort and privacy of your own home, without pressure, cost or obligation.

Please note: This is not a Government debt relief program, as there is no such program as of this date. This is a free consultation service and all consultations and programs are provide by private, non-Government entities.

 

 
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Copyright © 1998-2010, Credit Card Bailout All rights reserved
San Diego, California 92123

 

Credit Card Bailout is a referral service that puts you in touch with companies offering services you are interested in receiving debt reduction quotes and consultations from. Credit Card Bailout is not an end provider of debt relief services nor are we part of any agreement or contract of services you may commit to with a debt relief company. Credit Card Bailout is not a Local, State or Federal Government agency, department or service. Credit Card Bailout does not offer, endorse, or market any Government debt relief programs.

Credit Card Bailout is not affiliated with ABC, CBS, NBC, CNN, MSNBC or FOXnews.

The content provided on CreditCardBailout.com is a general description of services. Actual benefits, costs and features of services will vary from company to company that may contact you. It is up to you, the consumer, to consult with the debt relief service provider to educate yourself on all the details of their program before making any final decision.

By completing a form on this website you are requesting services to contact you, in all cases by telephone, regardless of your status on the do not call list (DNC). Forms on this website are for information and consultation requests only, mainly for quotes, they are never an application or full qualification for services, all calculations of debt savings are estimates. Credit Card Bailout evaluates carefully the service providers we put you in touch with, however we do not endorse nor are we responsible for the actions taken or services provided by any particular company that may be found by using the www.creditcardbailout.com website.

Credit Card Bailout is not providing legal, financial, investing, credit repair, tax, counseling or any other professional advice. Although we believe the content on this website to be acurrate it is general in nature and does not fully describe the complex details of every debt situation or program you may decide to use. It is recommended that you always contact a licensed professional in the appropriate field for advice before making any final decision.

In no case should you, the visitor, believe that there is any gaurantee that a you will not have to file bankruptcy now or in the future. * Credit Card Bailout does not gaurantee any specific debt reduction percentage or amount.. The debt settlement industry averages about a 48% debt reduction, plus associated success fees for providing their service. Credit Card Bailout is not the end provider of debt relief services thus we do not gaurantee any debt reduction amount, nor do we provide fee amounts, this information will be estimated by the debt relief company you consult with and or choose to use.

Important Issues to Consider when Evaluating Debt Reduction Programs

Consumers should not use a debt settlement service if they are able to pay their minimum balances due each month. Nor should they use a debt relief service if they do not have a legitmate financial hardship.

(1) Late fees, penalties, and interest will continue to accrue on the consumer’s debt until the consumer’s creditors accept and receive a settlement;
(2) A consumer’s creditors may still sue to collect on the debts and garnish the consumer’s wages;
(3) Interest rates applicable to the consumer’s debt may increase;
(4) Any money a consumer saves in negotiating a settlement with a creditor must be treated as income for tax purposes;
(5) A debt settled for less than the full amount owed may result in a negative notation on the consumer’s credit report; and
(6) Debt Settlement companies MUST be licensed in your state to provide debt relief services to you. Credit Card Bailout does NOT validate licensing requirements for individual companies. Consumers are required to check with the FTC and or their local Attorney General's office to determine if a company has the proper license to do business in their state.

Credit Card Bailout is not acting as a lender or broker. The information provided by you to Credit Card Bailout is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender. Debt relief programs are Not available in all states.

CreditCardBailout.com is not liable for any loss resulting from a business relationship formed by you the consumer and an end service provider.