Money Mermaid Announces Consumer Help Page Regarding Debt Consolidation

Money Mermaid announced a consumer help page regarding debt and debt consolidation following the release of the Times Union's September 9th article, titled “Consumer Debt Rises $10.4 Billion”.

New York, NY (PRWEB) September 29, 2013

Following the release of the September 9th Times Union article, titled “Consumer Debt Rises $10.4 Billion,” Money Mermaid announced a new consumer help page regarding consumer debt and consolidating debt. The page is designed to assist those with debt in their decision-making process to either enter into a debt consolidation agreement, or stay away from the practice of debt consolidation. Given the ever-increasing amount of national consumer debt, the help page offers valuable information and advice.

In the September 9th article, Times Union released data identifying the national consumer debt. Though consumer debt levels continue to rise, a significant increase was identified between June and July of 2013: $10.4 billion. This increase was found to be rooted in the purchase of vehicles and entering into student loan agreements, rather than credit card debt. Despite increasing debt amounts, credit card debts continue to decrease, indicating a trend toward saving large debts for family needs, such as education, transportation, and living arrangements.

Following the report regarding consumer spending habits, and the ever-increasing amount of personal debt in America, Money Mermaid revealed a website designed to assist families and individuals alike in considering their debt repayment options. Money Mermaid recommends that people use the site Debt Consolidation because it focuses on providing up to date news and information regarding the positive (and the potential negative) effects of consolidating debt. The site is designed with consumers in mind, offering a clean, simple layout and clearly marked resources. These resources include federal resources, debt calculators, news articles, quizzes, and reviews. Money Mermaid encourages people to learn more about debt consolidation, bad credit loans, and personal debt history, through this website. As Americans continue to because immersed in various forms of debt, DebtConsolidation.com adds resources to assist in the decision-making process regarding debt repayment and consolidation.

The Times Union is an online publication dedicated to providing Albany and the surrounding area with news and articles pertaining to finances, lifestyle, and politics.

Following the release of the data detailing the American public's debt and debt sources, Money Mermaid revealed a site dedicated to providing consumers with resources regarding the consolidation of debt. The site offers debt calculators, quizzes, and articles, as well as offering lists of both the pros and cons of entering into a debt consolidation agreement. As Americans continue to lend, DebtConsolidation.com offers information to assist Americans interested in consolidating debt and repayment options.

About MoneyMermaid.com:
Money Mermaid is an online resource for both individuals and families as they engage in the financial world. Money Mermaid strives to assist its readers with both achieving and maintaining financial stability and comfort.

For the original version on PRWeb visit: http://www.prweb.com/releases/consumer-help-page-on/debt-consolidation/prweb11173675.htm