Over the last months many Americans with a poor credit score have been seeking a federal government credit card debt relief program. It is very important to understand that there is no such program but the FTC offers low credit score debt advice for borrowers who seek assistance.


By accessing the FTC website you will likely find many free resources available that can help you better understand how to budget your money wisely so you can pay off high interest rate debts. If you are seeking a federal government credit card debt relief program then it is probably likely that you have seen the interest rate on your credit cards drastically increase making it nearly impossible to pay your monthly payments.

One way to combat this is to make sure you budget your money wisely and make sure you are saving much more than you are spending. This extra money that is going into your savings can then be put forward to reduce the balance on your high interest rate credit cards. Make sure to read the free resources on the FTC website to get many more great ideas on how to get out of credit card debt.

Author: Heather Best