Press Release: Daring Strategies Help Consumers Battle Debt
Daring Strategies Help Consumers
Barnegat, NJ - Thousands of credit
users have been logging on to DebtSmart.com
to learn more about beating the system--the credit-card system.
DebtSmart.com has been helping consumers save money on their credit
cards and debt since 1998 with hundreds of free articles plus a free
biweekly email newsletter focused on taking an out-of-the-box approach
to controlling one's finances.
The web site is the creation of
Scott Bilker, author of many books on consumer credit, his latest
titled, "Talk Your Way Out of Credit Card Debt: Phone calls to
banks that saved more than $43,000 in interest charges and fees."
This book details 52 phone call transcripts with banks, wherein Scott
negotiates lower interest rates, gets fees waived, and negotiates
In an online
survey, 85 percent of DebtSmart.com readers reported that they have
been late paying at least one credit card bill. Of the people who were
late, 96 percent were charged a late fee ranging from $25 to $49. Nearly
half of those paying late had their interest rates raised as a penalty,
from an average of 8.33 percent APR, with a maximum 20 percent hike.
"My goal is for my readers to
keep as much of their hard-earned money as possible," explained
Scott. "So much is wasted by paying too much to the credit card
banks in fees and interest charges."
DebtSmart.com presents information
in an easy-to-read, and easy-to-understand, format, which is why the web
site's popularity has been growing. "I like to experiment with new
ideas in presenting the sometimes complex information." adds Scott.
"My latest project for communicating new concepts is the Debt
In his first adventure, "Car on
the Debt Daredevil takes on the evil used car salesman. Bilker's recommendation is to
consider credit cards as an option when financing a car, which is why
some people categorize his advice as daring.
"I've always thought
of myself as a credit-card and debt vigilante, but many radio hosts have
referred to me as the Debt Daredevil," explained Scott. Future
adventures planned for the Debt Daredevil include taking on credit card
banks, making a profit from cash advances, and crushing debt collectors!
Scott's other books are
"Credit Card and Debt Management" and "How to be more
Credit Card and Debt Smart."
CONTACT: Scott Bilker, Publisher,
Web site: http://www.debtsmart.com/
NOTE TO EDITORS: Scott Bilker is
available for interview. You may use any and all artwork from the
"Car on Credit" cartoon (http://www.debtdaredevil.com).
PDF is also available at bottom of page. Review copies of Scott's books
are available. Author headshots, book cover, and other high-resolution
photos, at http://www.debtsmart.com/photos/.