Kevin Trudeau Free Money Reviews

Recession Cures: Don’t Reduce Your Debt!

I know that this blog is about reducing your debt and I know that conventional wisdom has always said that you should reduce your debt so that you can stop paying all your money to credit card fees. However, based on the current conditions of the American economy, experts are saying that now is not the time to payoff your debt.

In fact, financial guru Suze Orman says that if you don’t have at least nine months worth of living expenses saved in the bank, you should not be focusing on paying off your credit cards. Instead, you should pay the minimum monthly payment on your cards and put as much money as possible into saving. The reason for this change in strategy is that with the economy a mess and unemployment increasing every month, you don’t know when you might find yourself without a job. If you have poor credit and no job, how will you pay your rent and feed your family? Having access to emergency cash needs to be your biggest priority. You can get out of debt when the economy gets better.

In fact, now is the time to start increasing your access to credit (that doesn’t mean you should anything on credit). By getting a new credit card now, you can provide yourself with access to emergency cash in the unfortunate event that you lose your job.

I was looking at credit card offers recently and I came across an offer from the First Universal Platinum card that was offering a guaranteed $7,500 line of credit that was available to anyone. The card offers 0% interest for the first year and 7.9% interest after that. That’s a pretty good deal, especially because they claim that you can get approved even if you are unemployed or have bad credit. I recommend that you go apply for the card now so that you will have access to the money if you need it in the future (remember just because you have access to credit doesn’t mean that you need to spend it).

>>Apply for the First Universal Platinum Card Now<<

Apply now, you have nothing to lose.