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Back to School with a Credit Card?

Over 80% of college students carry a credit card, and the creditors make it very easy for them to get one.  Why? Because they know a majority of these students will default on their repayment obligations and their parents will bail them out.

http://www.indianapolisrecorder.com/business/article_5e5096da-1644-11e3-ac33-001a4bcf887a.html

Defaulting on credit card debt can be handled by a qualified debt settlement attorney.  A qualified debt settlement attorney can work with the creditors for a large reduction in the principal balance owed.  If you have a child with significant credit card debt, contact a qualified debt settlement attorney before bailing them out.  The savings  can be significant!

 

 

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Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.