California’s Top 3 Debt Consolidation Loan Companies Announced by …

by Shelton on May 5th, 2014

filed under Debt Consolidation

Los Angeles, CA (PRWEB) April 24, 2014

Before choosing a debt consolidation loan company its important to know that its honest, ethical and trustworthy. With this in mind, the company has analyzed the debt consolidation loan companies available to provide Californians with objective and unbiased data that can help them make good choices to obtain debt relief and avoid being scammed.

After having reviewed all the options available, has pinpointed the top three debt consolidation loan companies as follows: National Debt Relief, CuraDebt and American Debt Enders.

The people in California are having a problem with debt. Some of this is caused by the general state of the economy and specifically Californias unemployment rate. As of November 2013, it was 8.5%, which made it more than one percent higher than the national unemployment rate of 7.3%. Los Angeles has been even harder hit because as of November of last year its unemployment rate was 9.4%. The city of San Diego is faring better with an unemployment rate of 6.8% and San Francisco is better yet at 5.2%, which is more than two points better than the national unemployment rate.

Californias total workforce as of November of last year was 18,590,400. Given its unemployment rate of 8.5% this means there were approximately 1,533,708 unemployed people at that time.

California residents have an average credit card debt of $4,927, which is slightly higher than the national average of $4,879 per borrower. On a brighter note, the states residents have an average credit score of 687, which is only two points lower than the average national FICO credit score of 689. Its median household income is $53,040 and 56% of its residents own their homes. This is lower than the national homeownership rate of 65%.

The reason why Californians are having a problem managing their debts is due primarily to two factors the states high unemployment rate and credit card debt. Plus, many of the states residents practice poor personal financial management. Fortunately, the analysts at have found that there are honest and ethical debt consolidation loan companies that can help Californians become debt free.

In evaluating debt consolidation loan providers, the analysts used six different factors: Customer service, the companys fees, debt solution options, business ethics, financial standing and consumer satisfaction.

Based on its reviews, has ranked National Debt Relief number one. This is due to its high customer satisfaction ratings and reasonable charges. The company provides custom tailored debt consolidation programs to consumers who have more than $7,500 in debts. The reviewers also liked the fact that National Debt Relief has had an A rating with the Better Business Bureau for a number of years and that it charges neither upfront or cancellation fees. The reviewers found that National Debt Relief is a very ethical company and that its customers are almost always satisfied with the services they receive from the company. These customers particularly like the fact that National Debt Relief charges nothing until it has satisfactorily settled their debts and provided them with payment plans they have approved. ranked CuraDebt second. Its specialty is working with consumers who have more than $10,000 in credit card debts. The company is usually able to get its customers the results it promises due to its strong working relationships with the credit card companies. In addition, it offers debt consolidation programs that go well beyond just credit card debts, including programs designed to help with tax debts, student loans and defaulted loans.

Third place was awarded to American Debt Enders based on the fact that it has been in business since 2007 and has been successful in helping consumers with more than $5000 in debts. American Debt Enders debt experts are able to manage almost all types of debt problems. It is said that they can even help customers who need to improve their credit scores.

California residents, who wish to learn more about these three credit consolidation loan companies, should visit

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CardHub Report: Best Credit Cards for 2014 Grads

by Shelton on May 5th, 2014

filed under Secured Credit

The leading credit card comparison website CardHub has announced its Editors Picks for the Best Credit Cards for 2014 Graduates in recognition of high school and college seniors around the country preparing not only for graduation, but also for the next step in their financial lives.

Building credit history is an extremely important aspect of financial independence, and opening the right credit card is the safest and most efficient way to do so.

College Students – Best Initial Bonus

BankAmericard Cash Rewards for Students: $100 cash bonus; 3% cash back on gas and 2% on groceries (on the first $1,500 spent in those categories each quarter); 1% on everything else; no annual fee.

College Students – Best Ongoing Rewards

Journey Student Rewards from Capital One : 1% cash back across all purchases; 25% cash back bonus when you pay your bill on time; no annual fee.

College Students – Best 0% Offer

BankAmericard Travel Rewards for Students Credit Card: 0% on purchases for 15 months; no annual fee.

Non-College Students

Capital One QuicksilverOne Rewards Card: 1.5% cash back across all purchases; $39 annual fee.

All Grads – Best Secured Cards

LanPass Secured Credit Card – 10k bonus points: 1 point / $1 spent; no annual fee in the first year ($25 thereafter).

AeroMexico Visa Secured Credit Card – 5k bonus miles: free round-trip companion ticket; 2 miles / $1 on gas and groceries; 1 mile / $1 spent on everything else; no annual fee during the first year ($25 thereafter).

Harley-Davidson Secured Credit Card: No annual fee.

Capital One Secured Credit Card: Partially secured card; credit line up to $3,000; $29 annual fee.

For the full 2014 Credit Card Rewards Study, including expert financial management tips for young people, please visit: