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 Consumer Recovery Network
Consumer Recovery Network Launches Debt Recovery Website
Most consumers aren't aware that many consumer credit counseling services (CCCS) and consolidation companies get a kick-back from creditors called the fair share payment. The CRN website acts as a portal to information for those who may be unsure about their next step. What are some of the options available and how will they fit into an individual’s or family’s life? 
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Date: 8/25/2006
Consumer Recovery Network Launches Debt Recovery Website

Consumer debt is a nationwide epidemic that Consumer Recovery Network (CRN) is addressing, one debt at a time. CRN is bringing applicants attractive settlement offers without any up front fees or funds escrow. Their new website, located at http://www.consumerrecoverynetwork.com takes things to the next level by providing consumers access to news, articles, and relevant information relating to their circumstances. This is not just about debt anymore. 

The CRN website acts as a portal to information for those who may be unsure about their next step. What are some of the options available and how will they fit into an individual’s or family’s life? There’s also a free consultation form available online or consumers can call CRN directly.

"CRN is readily accessible to consumers, both over the phone and, now, online," says CRN Specialist Michael Bovee. "Has their credit score been affected by late payments? Have they been sued by a creditor? Will their credit report be negatively affected by a settlement? How will they change their current spending habits after the debt is resolved? All this, and so much more, can be answered. CRN understands that a person may be panicked by a lawsuit or upset about a collector’s harassing phone call, so we make ourselves available for any questions or concerns that they may be confronted with."

"We work to put the consumer back in control”, Michael adds. “CRN becomes a better option for consumers than the typical, and often, ineffective methods of counseling, consolidations, and bankruptcies."

Most consumers aren't aware that many consumer credit counseling services (CCCS) and consolidation companies get a kick-back from creditors called the fair share payment. "Does that sound like they’re working for the consumer?" asks Bovee.

Consumer debt continues to climb, with bank credit card debt (excluding store and gas credit cards), at the end of the second quarter totaling $721.4 billion or roughly 88 percent of total revolving credit, according to Card Data. At the end of June, Americans were $2186.2 billion in debt, excluding home mortgages.

While the elderly are filing bankruptcies in record numbers, college students are buried in debt, with an average debt at graduation in America of $19,300. "Is it time to coin the phrase 'Debt Generation'?" continues Bovee.

Bovee recommends, instead, that the public move to address this issue. "Debt happens - but recovery from debt happens, too."

More information is available by visiting consumerrecoverynetwork.com or by calling (800) 939-8357.

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