There is little doubt that many Americans continue to struggle greatly when it comes to credit card debt but what they need to realize is that an improved credit score can make erasing credit card debt much easier.  By simply making sure all bills are paid on time and in full some borrowers can find that their credit score will increase drastically which in turn will give them great negotiating power when it comes to getting lower interest rates on credit cards, home loans or personal loans.  Having a very poor credit score can make it nearly impossible to receive interest rate quotes at low rates.

Creating a weekly or monthly budget can go a very long way when it comes to erasing credit card debt.  There are many free resources available online and a great place to start research is the FTC website.  The FTC has created many valuable resources to help Americans better understand their rights when it comes to credit card debt.  There are also many articles that help explain how to budget money wisely in an effort to get out of high interest rate credit card debt as quickly as possible.

With a large number of Americans considering bankruptcy and even foreclosure it comes as no surprise to see many searching for credit card debt relief or debt help.  Fortunately, there are many free resources that can help Americans when it comes to lowering their monthly bills.  Considering Wells Fargo home loan modification might be an option for those who are currently struggling to pay on a Wells Fargo or Wachovia mortgage.  Once again, this is another situation in which borrowers will greatly benefit from an improved credit score as it will allow them to refinance to a lower mortgage rate which in turn will help to lower monthly bills when it comes to a home loan.