Fort Collins Debt Settlement
The slow down in the Fort Collins local economy has caused a lot of people to default or fall behind on their credit card debts among other debts. Bank One, HSBC, Citi and other major credit card companies and issuers know that people can't pay and have been secretly offering credit card debt relief to consumers in Fort Collins who owe more than $10,000.
These companies know that the average credit card default rate in Larimer County is about 10 percent. That means they never collect the entire balance owed from those consumers. As a result, they have created a program for people in the Larimer County region called a debt settlement. A debt settlement offer allows the credit card companies to collect a smaller portion of the balance you owe.