My friend Jason in New York recently shared these scary facts with me!
Shocking Debt Facts
* Over 70% of all marriages that end in divorce are due to financial problems.
* 75% of all Americans are THREE (3) paychecks away from bankruptcy.
* Of those Americans 1.5 million will file bankruptcy; 1.5 million will participate in consumer credit counseling; and 37 million will TRY TO NEGOTIATE WITH CREDITORS THEMSELVES – which the creditors love, because the people in debt trouble are not professionals and do not know how the system really works.
* On average, when you buy something with a credit card, you pay 132% MORE THAN IF YOU USED CASH.
* Typical minimum monthly payments for a credit card are divided into 90% interest and only 10% to principal reduction. The principal amount on your credit card is what the product or service you bought cost you. The rest is the credit industry’s greedy profit.
* Over 71% of all credit card accounts have only the minimum monthly payments being made by consumers.
Debt That is Out of Control
If you find that you are only making minimum monthly payments or are constantly late making your payments, it is very likely that some of the problems above are already happening or have happened. It is time to FIND OUT WHAT SOLUTIONS YOU SHOULDN’T USE to get out of debt and then learn about the real solution that credit card companies DON’T WANT YOU TO EVER LEARN.
WITH OVER $2 TRILLION IN CREDIT CARD DEBT, THESE COMPANIES ARE TERRIFIED THAT YOU MIGHT LEARN AND USE THE REAL SOLUTION.
FIND OUT WHAT IT IS THAT THEY DON’T WANT YOU TO KNOW. Get our new Special Report "How To Eliminate All Your Debt including Your Mortgage in 5-8yrs without spending a $1 more than what you are currently spending." Go to www.CarlosSamaniego.com and fill out the form. or call our office and request "The Report"
Your friend,
Carlos Samaniego
PS – I’ve got a Special New Free Report and Free Debt Analysis for you that shows how any homeonwer can use the secrets of the very wealthy to get completely debt free in as little as 6 years. If you’d like a copy for yourself or for someone you know, go to www.CarlosSamaniego.com and I’ll send it right out. No hassles and no obligations! Just yours for free!
