American Consumers Still Struggle With Debt

Worth Unlimited: American Consumers Still Struggle With Debt

According to a recent article, Americans are not paying off their credit card debts as rapidly as earlier studies had indicated--a revelation that has earned a comment from Worth Unlimited.

PHILADELPHIA, PA, November 09, 2012 /24-7PressRelease/ -- The Christmas shopping season is rapidly approaching, much to the joy of many Americans; indeed, shopping remains a cherished pastime among many in this country, though, according to a recent report, American consumerism is not without its downside. The Daily Best finds that Americans are steadily amassing more and more credit card debt, a sobering revelation that stands in stark contrast to earlier reports, which suggested that many Americans were beginning to successfully pay off their debt. The report from The Daily Beast has won a comment from Worth Unlimited, a company that is nothing if not passionate about the topic of personal debt.

According to the new report, Americans have not actually paid off any debt since the beginning of the economic downturn, at the end of 2008. Even more troubling is the projection that, in 2012, Americans will amass an additional $43.5 billion in debt. The article in The Daily Beast also notes that, while some reports have suggested that American credit card debt is on the decline, this is misleading, and stems from bank write-offs that have little to do with the actual money owed by consumers.

This article has won the attention of Worth Unlimited, a company devoted to helping consumers find solutions for their debt problems, and make their way toward financial freedom. Worth Unlimited has issued a press statement, responding to the article and noting how its own Worth Account product might offer an answer to America's growing debt problem.

"No longer do consumers have to wonder how they are going to get out of debt," says the company, in its new press statement. "The Worth Account from Worth Unlimited enables consumers to not only manage their finances, but also to quickly and effectively pay down debt, including credit card debt, as they make their way toward total financial independence."

The Worth Account is a program that allows consumers to set their own, personal financial goals--including debt freedom--and then chart a course toward meeting those goals. The program is likened to a GPS system, only instead of providing driving directions, it offers financial directions.

Worth Unlimited's Worth Account product is increasingly popular due to its efficacy, but also its ease of use. In fact, the company claims that consumers can reach their financial goals by logging into the program for just a few minutes each month. The Worth Account can help consumers meet whatever financial goals they set for themselves, and has been shown to be helpful in reducing personal debt with a minimum of effort.

ABOUT:

Worth Unlimited is a company designed to help individuals reduce debt and maximize personal wealth, all through strategic and savvy online financial management strategies. The company developed its Worth Account system as an intuitive online platform, designed to help individuals stay on course financially. The Worth Account platform offers around-the-clock monitoring and analysis, allowing individuals to gain a comprehensive understanding of their own finances. Worth Unlimited is passionate for helping clients meet their financial goals.

Website: http://worth-unlimited.com/