New York, New York (MMD Newswire) August 15, 2012 -- Debt is something that affects many Americans, albeit in different forms; in some instances it is the debt accumulated on student loans, and in other cases it is the debt of a car payment, or of a mortgage. One common source of debt is credit card debt. Google recently surveyed consumers and found that experiences with credit card debt are varied. The survey results won the attention of Worth Unlimited, a company devoted to helping individuals reduce their debt and chart a course to financial independence.
The good news, according to the new Google survey, is that 53 percent of respondents say they have no credit card debt. However, 28 percent of these respondents attribute their lack of credit card debt to the fact that they simply do not have a credit card. Meanwhile, 27 percent say they pay their credit card statement in full, at the end of each month.
More sobering are the responses of those who do have credit card debt. 12 percent of those surveyed say they have credit card debt that amounts to one to three years of payment. Meanwhile, a troubling 15 percent say that their credit card debt exceeds three years.
The Google study notes that these respondents with credit card debt may be overly optimistic; statistically, it is unlikely that many of the respondents will be able to pay off their debt in the amount of time they claim they need. There are tools to help with personal debt management, however, including the Worth Account, from Worth Unlimited. Worth Unlimited has responded to the new Google survey with a statement to the press.
"Whether debt is accrued through credit cards or some other source, it can seem paralyzing and highly restrictive," says Worth Unlimited executive Skyler Witman. "The Worth Account is something that could help these debt-strapped individuals get back on track, financially, and escape from the burden of excessive credit card debt."
Worth Unlimited's Worth Account is something that Witman likens to a GPS, only instead of providing directions for highway travel, it delivers financial direction. Individuals can use the Worth Account to chart financial goals for themselves, whether for debt reduction or for personal wealth generation. The Worth Account then helps the individual map the best path forward.
Worth Unlimited says that its product can help individuals meet their financial goals with minimal effort. Simply by logging into the program for a few minutes each month, individuals can ensure that they are headed down a road to financial freedom.
Worth Unlimited is a company designed to help individuals reduce debt and maximize personal wealth, all through strategic and savvy online financial management strategies. The company developed its Worth Account system as an intuitive online platform, designed to help individuals stay on course, financially. The Worth Account platform offers around-the-clock monitoring and analysis, allowing individuals to gain a comprehensive understanding of their own finances. Worth Unlimited is passionate for helping clients meet their financial goals.
More information about the company, and the Worth Account system, can be found at www.worthunlimited.com.