America's Debt Crisis Hits a Breaking Point--Done With Debt Is Helping Thousands Break Free, See If You Qualify for Relief
LAKE FOREST, Calif., Feb. 4, 2025 /PRNewswire/ -- "Credit card balances have soared past $1 trillion for the first time," according to a recent report from the Federal Reserve. As the burden of credit card debt reaches unprecedented levels, Done With Debt is stepping up to provide much-needed relief.
With over $100 million in resolved debt and thousands of accounts settled, Done With Debt is leading the charge in offering a lifeline to Americans weighed down by high-interest financial obligations.
A Growing Financial Crisis
The reality is stark: A CNBC survey found that 58% of Americans live paycheck to paycheck, highlighting increasing dependence on credit cards for daily expenses. Even those earning over $100,000 annually report financial strain, showing financial instability spans all income levels.
Delivering Results That Matter
"The debt crisis in America is real, and it's affecting millions," said Michael Anderson, Director of Compliance at Done With Debt. "People are being pushed to the edge by rising living costs and unexpected financial hurdles. Done With Debt provides effective solutions that bring relief and restore financial control."
Done With Debt offers innovative and personalized programs tailored to each client's unique financial situation. A LifeHealth report indicates that more than 36% of consumers struggle to pay their recurring debts on time, reinforcing the urgency for debt relief solutions.
- $100 million in active debt under management
- Millions resolved monthly
- 40% of clients reach their first settlement within one month
- Over two-thirds achieve new terms within three months
The Urgency of Debt Relief
Debt relief is not just about improving financial statements; it's about transforming lives. Credit card debt, compounded by soaring interest rates, can quietly snowball, trapping individuals in an endless cycle of payments. As noted in recent economic analyses, "Of those surveyed who had missed a payment, most cited a job loss or reduced income as the main reason they have recently fallen behind."
Done With Debt emphasizes the importance of early intervention to break this cycle and prevent long-term financial distress. "Delaying action only makes debt harder to overcome," Michael Anderson explained. "We offer solutions that not only help our clients save money but also empower them to regain control of their finances and build a better future."
A National Effort for Financial Freedom
Done With Debt's programs are accessible nationwide, ensuring individuals across the country get the support they need. The company's approach includes:
- Professional financial consultations
- Tailored debt reduction strategies
- Dedicated support from financial specialists
According to industry data, "over 40% of clients reach their first settlement within one month of beginning the program, and more than two-thirds achieve new terms within three months." By successfully resolving millions in debt each month and delivering measurable results, Done With Debt validates its position as a trusted authority in the debt relief space.
About Done With Debt
Done With Debt is a leading provider of consumer debt relief solutions, helping thousands of Americans break free from the burden of high-interest debt. With over $100 million in resolved debt, Done With Debt has been featured on major media platforms, offering personalized debt reduction strategies that deliver real financial relief. Our expert-driven approach empowers individuals to take control of their finances and achieve long-term stability.
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Get started today and see if you qualify for debt relief. Visit https://donewithdebt.org
Media Contact:
George Jefferson
Media Relations
Media@donewithdebt.com
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SOURCE Done With Debt