Articles & News About Your Credit

Credit Heaven Announces their Rate Busters Program to Slash Interest Rates for High Interest Loans and Credit Cards

Miami, Florida (PRWEB) September 9, 2008 -- Ada Johansen, President of Credit Heaven, the nation's premier credit repair (www.CreditHeaven.com) firm, today announced that Credit Heaven will implement their new Rate Busters program.

"I have long supported a systematic and streamlined approach to loan modifications and interest rate reduction,--achieving an improved return for creditors compared to foreclosure, collections and defaults," said Johansen. "The program we are announcing today will provide affordable solutions for eligible consumers. It provides a systematic approach for modifying troubled loans -- a market where we are seeing growing defaults. This program will reduce future defaults, improve the value of the loans, cut servicing costs and salvage those consumer's credit ratings. Our goal is to get the greatest recovery possible on loans in default or in danger of default, while helping troubled borrowers remain in good credit standing. I believe we achieve that with this framework."

Johansen continued, "Collections and defaults are often a lengthy, costly and destructive process to both creditor and borrower. Avoiding default not only strengthens consumers' credit scores and their financial strength, but decreases accounts that go to collections for the creditors. This is a 'win-win' program all around."

The Rate Busters program is only available to clients already enrolled in Credit Heaven's credit repair services. They cannot guarantee success but as with all other services provided by Credit Heaven, clients only pay if the service is successful. Please visit www.CreditHeaven.com or call 1 888 474 4705 for more information.

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