Free Credit Report Repair Guide

Americans are in trouble if they can’t figure out how to get out of debt! The numbers below are scary and will get worse as time goes on. We will have a generation of people who have no money to live on in retirement.

If you would like to learn more about your options to get out of debt please visit our site and sign up for our free credit repair course. This course takes the guess work out of your options and helps you to avoid the scams.

The United States does not do savings. Last year, the personal savings rate as a percentage of disposable income in this country was negative 0.5 percent, by far the lowest of any industrialized nation.In France, the savings rate was 11.6 percent. Germany’s rate was a robust 10.6 percent. Japan clocked in at 6.7 percent.What’s the problem? Americans like to spend too much, and it’s often money we don’t have. Revolving credit card debt hit $807 billion in April, according to the Federal Reserve.

Saving for the Future - Your Money - Yahoo! Finance

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This entry was posted on Wednesday, September 13th, 2006 at 10:59 am and is filed under Debt . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.