With The Cost Of Gas Dropping, Americans Are Eliminating Debt Remaining From Summer Prices
Gas prices continue to fall after the summer surge. Thats the good news. More good news is that many people have learned how to conserve energy, something they should have started years ago. As a society, we have at least started thinking about issues such as public transportation, alternative energy sources, and hybrid vehicles.
The bad news is that many Americans remain dependent on their vehicles as their only means of transportation, and had no choice but to continue to fill their tanks when the prices were higher. Their higher credit card balances are still reflecting the latest summer at the pump. Putting an even greater burden on people who can barely afford to pay the monthly minimum.
Think about the local lawn care company, taxi cab, or courier service. For small business like these, this extra burden either drove many of them out of business, or the bills are now due, and they need help.
When the credit card balances become out of control, the consumer begins search for their best debt relief. Instead of a consolidation program or refinancing their...
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