Fredericksburg Debt Settlement
The slow down in the Fredericksburg local economy has caused a lot of people to default or fall behind on their credit card debts among other debts. Bank One, HSBC, Citi and other major credit card companies and issuers know that people can't pay and have been secretly offering credit card debt relief to consumers in Fredericksburg who owe more than $10,000.
These companies know that the average credit card default rate in Fredericksburg City County is about 8 percent. That means they never collect the entire balance owed from those consumers. As a result, they have created a program for people in the Fredericksburg City County region called a debt settlement. A debt settlement offer allows the credit card companies to collect a smaller portion of the balance you owe.
"I owed about $8,000.00 in combine Virginia state and IRS taxes and had no money to pay. The Offer in Comprise helped reduce that amount." -- Jackie (Virginia)