Will the President Pay Your Debts? Will the President pay off your debts? Credit risk; Concentration risk; Market risk. A bailout is a colloquial term for giving financial support to a company or country which faces serious. A special government entity is created to administer the program. No. There is no such thing as Obama credit card debt relief or an Obama credit card bailout program. These are simply marketing tactics used by debt relief companies to make you think you’ll get something for free. The Google ads adjacent to this article might even use that language. The same message has been seen on TV and heard all over the radio. The pitch you might have heard is that consumers with over 1. This simply isn’t part of the Obama economic stimulus package that was released onto our economy back in early 2. Nor is it a part of the credit card accountability, responsibility, and disclosure act (CARD Act) that went into effect earlier this year. There is no Obama credit card debt relief program. It’s a shame that his administration (with their constant bailouts: cash for clunkers, stimulus, Obamacare waivers, Solyndra loans, etc) sets this kind of tone and that people would expect Obama to bail them out. It’s sad when you see the sheeple who think Obama is going to pay their mortgage, or gas, or other basic service. If the government pays for everything, guess what? You’re a slave to them. Don’t be a slave. The companies behind these “Obama credit card debt relief” messages are shady debt settlement companies and Google should know better than to take their money. If you truly want to experience credit card debt relief, then simply make a plan to pay down your credit card debt. The best way to get rid of your debts once and for all is to take personal responsibility and pay them off. There are no shortcuts to a successful financial life. You need to pull up your bootstraps and work hard. What good is a life where you get it for free anyway? No man is happier than the one who catches his own fish everyday. Don’t take the free fish. Learn to fish and do it yourself. You’ll gain your self- respect and your freedom. To assist you in your do- it- yourself plan, use a service like Readyfor. Zero. com to help you legally eliminate credit card debt. If you do decide to use a debt settlement company, please go through the NFCC. A credit card debt relief government program can be the answer to your problems. Check out some of the FREE debt relief options available to you from the USA. The TALF bailout program provided taxpayer funds for credit card companies to prevent more bankruptcies. I think what you may be referring to all those ads and commercial you see proclaiming the government. My Credit Card bailout is debt resolution company that offers debt help to consumers in Unites States of America and don't pay for fraud and disconnected numbers. Debt Relief America is a service for Americans struggling with.
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January 2017
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