June 10, 2008 -- More than thirty million Americans are struggling with credit card debt. Many of them have debt that doesn't exceed more than ten thousand dollars. That number just happens to be the threshold that most of the debt settlement industry uses as its requirement to gain access to its services. In other words, if you don't have debt that exceeds ten thousand dollars don't bother calling. "It's unfortunate that the industry is set up this way, but that's something we just can't do much about. It's just not cost effective to work with the lower debt amounts" said Sean Sullivan spokesperson of SettleDebtNow.com a debt settlement service provider in Delray Beach, Florida.

"That's specifically why we're taking on some new initiatives here. The first of which is a primer or basic guide to debt settlement for the consumer who doesn't have enough debt to get professional representation." Sullivan explained that SettleDebtNow.com is going to be rolling out a library of educational documents and guides over the next ninety days. Along with some financial tools all of which will be available free to the public. Debt consolidation is becoming increasingly out of reach for many consumers so a "DIY" approach is going to become a popular alternative.

Their first publication gives a basic break down of the ins and outs of debt settlement. With very clear instructions, it outlines how one would find out exactly how much debt they have and what is detailed in their credit report. Then how they should begin the negotiation process with the company or collection agency the debt is owed to. The process can be very difficult for those who aren't prepared and don't have all of their information. The DIY guide to debt settlement can be found at their website www.SettleDebtNow.com/diy

SettleDebtNow.com is one of the largest debt settlement companies in the nation. They have more than 35,000 clients and one billion dollars under management. They are members of the Better Business Bureau and TASC - The Association of Settlement Companies.